IIARD International Institute of Academic Research and Development

IIARD International Journal of Economics and Business Management (IJEBM )

E-ISSN 2489-0065
P-ISSN 2695-186X
VOL. 3 NO. 1 2017

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Imperative of Controlling a New Enterprise: A Systems’ Approach Perspective

Matthias O. Nkuda

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Abstract

This paper examines the imperative of enhancing the control of a new enterprise from the perspective of systems approach. The purpose was to seek possible solutions to the short life-span of new enterprises in order to ensure, instead, their long-term survival to help create jobs. Being essentially a desk and descriptive research, access to data depended extensively and heavily on current archival literature bearing on new enterprises within the purview and broad spectrum of entrepreneurship with a focus on the systems approach as the baseline theory. It was found out that controlling a new enterprise though imperative is not an easy task especially at the early stage when the entrepreneur would have to shoulder so many responsibilities alone. It was further found out that effective controlling of a new enterprise warrants following due process, taking key steps and applying basic control techniques, right human resource management practices and total quality management (TQM) or Six Sigma. The study produced the conclusion that adopting a systems theory mindset is critical to successful controlling of a new enterprise because like a typical driver who gets involved in an accident upon losing focus on the steering, an entrepreneur who treats issue of control with levity risks failure and colossal losses overall as a consequence. The loss may include the entrepreneur’s quality work life particularly during downturn of the business and exit period. It is therefore safe to recommend that entrepreneurs of new enterprises, should not toy with issues bordering on the controlling aspect of the enterprise however minute it may be if the enterprise must justify the very essence of its creation

keywords:

Systems approach, work/life integration, electronic trail, sweet-hearting, total quality management (TQM), Six Sigma, exit period, MIS and Management by exception

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