Managing the Challenges of Stress in Small and Medium Enterprises in Niger State for Improved Productivity

ADEOTI M.O., GATA E.G. AND OZIMEDE E.I.

Department of Business Administration and Management

The Federal Polytechnic, Bida, Niger State, Nigeria

E-mail: michaelolalekanadeoti@gmail.com

ABSTRACT

Many small and medium scale entrepreneurs are confronted with an opportunity, demand or resource related to what the individual desires and for which the outcome is perceived to be both uncertain and important. Stress isn’t necessarily bad in and of itself. Although stress is typically discussed in a negative context, it also has a positive value. It is an opportunity when it offers potential gain to entrepreneurs. This paper examined the challenges, causes and strategies for overcoming stress among small and medium entrepreneurs in Niger State. The methodology used by the researchers of this paper was a theoretical approach through a descriptive studies and analysis. The researcher used secondary sources of data collection and it was discovered that many managers and employees of small and medium enterprises in Niger State experience stress due to environmental, organizational and personal factors. Other stressors include, under staffing, work-overload, unclear job description and time constraints/poor time management knowledge. Hence, the paper recommended that implementing time-management techniques, increasing physical exercise, relaxation training, clear job description and design, reasonable targets and performance standards, and expanding the social support network will reduce stress. The paper concludes that it is pertinent on the part of small and medium entrepreneurs in Niger State to take proactive measures to reduce the negative impact of stress on them and their employees that is, critically identifying its sources and implementing strategies that would minimize stress.