TITLE:
Awareness and Willingness to Adopt Lean Technology among Micro Small Medium Enterprises in Nigeria
AUTHORS:
Okwenna Elochukwu John
KEYWORDS:
Lean Technology, Micro Small Medium Enterprises, Willingness to Adopt Lean, Awareness of Lean, Nigeria
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.14 No.3,
March
25,
2024
ABSTRACT: The purpose of this study is to measure the level of
awareness of lean technology among micro small medium enterprises (MSME) operating
in Nigeria and evaluate their willingness to adopt it. Micro small medium enterprises
for many decades have proven to be the strength of Nigeria economy, as it constitutes
over 90% of the existing enterprises while creating millions of Jobs. As important
as micro small medium enterprises are to Nigeria economy, they have very high mortality
rate ranking globally, their inability to perform, deliver can be attributed to
harsh, unstable business environment. The numerous challenges facing Micro small
medium enterprises can be defeated, if the right management tools are deployed.
Reduction of systematic waste associated with doing business in Nigeria, by introduction
of lean technology to Micro small medium enterprise, will greatly enhance their
operational efficiency and improve their performance; thereby cutting to large extent
their high mortality rate. For micro small medium enterprises to understand and
embrace lean technology there must be high level of awareness and willingness to adopt it. Quantitative research method was
used in analyzing valid data from 137 respondents spread across different
regions and who identified as micro small medium enterprises. The finding shows
that micro small medium enterprises operators in Nigeria are not aware of the
existence of lean technology, therefore are not willing to adopt it in
operating their businesses.