Improving managerial performance: a study on entrepreneurial and leadership competencies

Purpose – The purpose of the study is to ascertain predictors for superior managerial performance with special emphasis on leadership and entrepreneurial competencies required in manufacturing units. Design/methodology/approach – The entrepreneurial and leadership competencies have been obtained from the existing literature to predict their impact on managerial performance. Primary data collected from the respondents (executives) of two manufacturing units by administering structured questionnaire. In total, 410 responses were obtained and analysed using the SPSS statistical software. Findings – A total of 15 independent variables were used in the study, only three factors extracted namely business knowledge, spirit of competitiveness and dimensions of leadership were found to be significant predictors of superior managerial performance. The proposed hypotheses for this study are found significant. Practical implications – The study identifies potential dimensions of entrepreneurial and leadership competencies that improve managerial performance. The research concentrates on identifying the most important aspects of these two competencies which are vital for superior managerial performance. Originality/value – This paper has clearly identified the specific entrepreneurial and leadership competencies that the executives can acquire to improve their performance within the organization.