MANAGEMENT REFORMS AND ITS EFFECT ON PUBLIC ENTERPRISE PERFORMANCE
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- NGN 5000
Abstract
Public enterprises in Nigeria Have not lived up to expectations. Rather, their existences have been counterproductive to the very reason they were established. They have been regarded as inefficient, ineffective and unproductive among the numerous factors affecting public enterprises in Nigeria, this study specifically singled out management as the major problem. Thus, this study examines the management related issues of public enterprises in Nigeria. It was discovered in this study that some negative management practices as well as undue government interference have been detrimental to the performance of public enterprises. Hence, Privatization and commercialization were recommended as the way out for the underperforming public enterprises. Also, it was recommended that more policies were needed to wither down excessive government control over the public enterprises. Furthermore, some Management techniques such as Management by Objective, Total Quality Management (TQM).etc, were recommended as techniques capable of improving management practices in public enterprises.
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