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Management Training in SMEs - OECD

Management Training in SMEsORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENTORGANISATION FOR ECONOMIC CO-OPERATIONAND DEVELOPMENTP ursuant to Article I of the Convention signed in Paris on 14th December 1960, and which cameinto force on 30th September 1961, the Organisation for Economic Co-operation and Development(OECD) shall promote policies designed:- to achieve the highest sustainable economic growth and employment and a rising standardof living in Member countries, while maintaining financial stability, and thus to contributeto the development of the world economy;- to contribute to sound economic expansion in Member as well as non-member countries inthe process of economic development; and- to contribute to the expansion of world trade on a multilateral, non-discriminatory basis inaccordance with inter

3 FOREWORD The OECD Working Party on SMEs has carried out this research project on management training in SMEs. The study finds that managerial weakness may lie at the heart of small firm failure.

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