- Home
- Publications
- The Impact Of Management Practices On SME Performance
The Impact of Management Practices on SME Performance
![](https://www.niesr.ac.uk/wp-content/themes/niesr/assets/img/calendar-alt.png)
![](https://www.niesr.ac.uk/wp-content/themes/niesr/assets/img/chain.png)
![](https://www.niesr.ac.uk/wp-content/uploads/2021/10/DIscussion-Paper-Generic.png)
Related Themes
Labour, Employment and WagesJEL Code
L25, L26, M12, M52, M53
Paper Category Number
488
We examine the impact of management practices on firm performance among SMEs in Britain over the period 2011-2014, using a unique dataset which links survey data on management practices with firm performance data from the UK’s official business register. We find that SMEs are less likely to use formal management practices than larger firms, but that such practices have demonstrable benefits for those who use them, helping firms to grow and increasing their productivity. The returns are most apparent for those SMEs that invest in human resource management practices, such as training and performance-related pay, and those that set formal performance targets.
Related Blog Posts
![](https://www.niesr.ac.uk/wp-content/uploads/2024/05/Living-Standards-MI-640x640.jpg)
How Are UK Living Standards Faring Ahead of the General Election?
Adrian Pabst
Robyn Smith
29 May 2024
4 min read
![](https://www.niesr.ac.uk/wp-content/uploads/2024/03/iStock-1049795356-square-640x640.jpg)
Breaking Down the Different Types of Pension in the UK
Robyn Smith
Adrian Pabst
25 Mar 2024
6 min read
![](https://www.niesr.ac.uk/wp-content/uploads/2024/03/National-Minimum-Wage-Blog-640x640.jpg)
What Are the Implications of the Rising National Minimum Wage and National Living Wage Rates?
Ekaterina Aleynikova
Adrian Pabst
19 Mar 2024
5 min read
![](https://www.niesr.ac.uk/wp-content/uploads/2024/01/Post-Scarcity-Society-640x640.png)
Related Projects
Related News
![Two females, one older than the other, in a workplace setting in front of a computer](https://www.niesr.ac.uk/wp-content/uploads/2021/11/Age-Discrimination-in-the-Workplace-640x640.png)
![](https://www.niesr.ac.uk/wp-content/uploads/2021/11/NICs-Tax-Pre-Budget-piece_Social-Image-640x437.jpg)
![](https://www.niesr.ac.uk/wp-content/uploads/2021/10/Wage%20Tracker%20-%20January%202021%20-%20Social%20Image_0-640x360.jpg)
Press Release: Compositional effects push up average weekly earnings at the end of 2020
26 Jan 2021
2 min read
![](https://www.niesr.ac.uk/wp-content/uploads/2021/10/Wage%20Tracker%20-%20December%202020%20-%20Social%20Image_0-640x360.jpg)
Press Release: 2020 shaping up to be the worst year for total pay growth since 2009
15 Dec 2020
2 min read
Related Publications
![](https://www.niesr.ac.uk/wp-content/uploads/2024/05/Labour-Market-Income-640x640.png)
![](https://www.niesr.ac.uk/wp-content/uploads/2024/04/technical-financial-graph-on-technology-abstract-background.jpg_s1024x1024wisk20cWgUQjRYTYEKARl93YqpeTP-QiBPJOa7ilVpPl6lZyCE-640x640.jpg)
![](https://www.niesr.ac.uk/wp-content/uploads/2024/03/inflationary-surprise-image-640x640.jpg)
The Nature of the Inflationary Surprise in Europe and the USA
21 Mar 2024
Discussion Papers
![](https://www.niesr.ac.uk/wp-content/uploads/2023/02/Low-Pay-Commission-Project-640x640.png)
Pay-Setting Among Employers in the Agriculture, Cleaning, Hospitality and Retail Sectors
11 Mar 2024
Research Report
Related events
![Event Image](https://www.niesr.ac.uk/wp-content/uploads/2021/10/GROW%20Event%20-%20Social%20Image.jpg)
Improving the Recruitment of Older Workers
![](https://www.niesr.ac.uk/wp-content/themes/niesr/assets/img/arrow-right.png)
![](https://www.niesr.ac.uk/wp-content/themes/niesr/assets/img/arrow-right.png)