Developing Effective Top Management Team at Vietnamese SMEs
Despite an increasing number of studies focusing on leadership at Vietnamese small and medium sized enteprises (SMEs), there is a lack of empirical research on collective leadership and development of effective top management team (TMT). The purpose of this paper is to review the literature with...
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| Main Author: | |
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| Format: | Article |
| Language: | English |
| Published: |
H. : ĐHQGHN
2019
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| Subjects: | |
| Online Access: | http://repository.vnu.edu.vn/handle/VNU_123/64793 https://doi.org/10.25073/2588-1108/vnueab.4220 |
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| Institution: | Vietnam National University, Hanoi |
| Language: | English |
| Summary: | Despite an increasing number of studies focusing on leadership at Vietnamese small and
medium sized enteprises (SMEs), there is a lack of empirical research on collective leadership and
development of effective top management team (TMT). The purpose of this paper is to review the
literature with a view of characteristics forming an effective TMT. Taking the team effectiveness
theory, upper echelons theory and behavioral theory of the firm, theoretical characteristics of
effective TMT was created, and then an empirical research was conducted on a sample of 141
SMEs. The common characteristics of an effective TMT are identified, including shared vision,
optimal team size, role clarity, age diversity, functional background diversity, regular
communication, solidarity and collective decision making. The study makes several contributions
to the existing literature on effective TMT development at SMEs. |
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