TAILIEUCHUNG - Developing effective top management teams 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 teams (TMTs). The purpose of this paper is to review recent research on TMTs and analyze the current status of developing TMTs at Vietnamese SMEs in order to provide recommendations for developing effective TMTs at Vietnamese SMEs. | VNU Journal of Science Economics and Business Vol. 35 No. 2 2019 77-86 Original Article Developing Effective Top Management Teams at Vietnamese SMEs Ho Nhu Hai VNU Vietnam Japan University 144 Xuan Thuy Cau Giay Hanoi Vietnam Received 27 May 2019 Revised 24 June 2019 Accepted 24 June 2019 Abstract 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 teams TMTs . The purpose of this paper is to review recent research on TMTs and analyze the current status of developing TMTs at Vietnamese SMEs in order to provide recommendations for developing effective TMTs at Vietnamese SMEs. Based on the survey results of 141 SMEs this research shows that the common characteristics of an effective TMT at a Vietnamese SME are shared vision optimal team size role clarity age diversity functional background diversity regular communication solidarity and collective decision-making. Keywords Collective leadership top management team effective top management team SMEs. 1. Introduction The world is increasingly unpredictable especially in the business environment thus leading a leadership team becomes extremely complicated. Joining the global market SMEs can purchase technology management processes or sample products yet it is impossible to buy leadership. Leadership becomes a key factor determining the success of SMEs. Investment in leadership development is necessarily a key investment in any enterprise 1 . Corresponding author. E-mail address haihn@. vn https 2588-1108 77 Vietnamese society has a dominant power culture in which people place high values on position and power thus decisions usually come from the top leaders. SME owners are greatly influenced by the power culture. In these enterprises the owners are the center of decision-making and they are supposed to build TMTs .

• Kinh tế học
• Collective leadership
• Top management team
• Effective top management team
• Vietnamese SMEs
• Regular communication
• Organizational behavior
• Lecture Organizational behavior
• Individual behavior
• Organizational context
• Leadership process
• Collective process
• International Journal of Computer Science & Communication Networks
• Node deployment and the impact
• Relay nodes in wireless sensor network
• Wireless sensor network
• Regular Hexagonal Cell Architecture