Entrepreneurs have a vital role in the economic development of any country. By their skills and knowledge, they start their businesses with new ideas to the market. Female entrepreneurs act as the backbone upon which sits the development of economies across the globe. A surge in industrialization and urbanization, along with social legislation and mass accessibility to higher education, have escalated the growth of female-owned businesses in the economies throughout the world. This study explores the need for effective managerial skills being essential for female entrepreneurs for the growth of their businesses in Pakistan. A well-developed and tested questionnaire is used for data collection. Data is collected from 450 respondents on a convenience basis from selected areas of Karachi. For data analysis, descriptive statistics were applied on proposed variables, such as the importance of good administration, planning and controlling, use of Information Technology (IT) in business and sufficient education and required training for female entrepreneurs. The results of the analysis were in favor of using effective managerial skills by female entrepreneurs. This study stands out as the first of its kind in Pakistan intended to serve as a beacon for government regulators to help them address the need and importance of effective managerial skills for Pakistani female entrepreneurs, in turn paving the way for effective decision making and planning activities that may help not only to improve their performance but also to reduce poverty in Pakistan.
Muhammad Siddique, Abu Zar Wajidi. (2019) Effective Managerial Skills and Female Entrepreneurship: A Case Study of Beauty Parlor Business in Karachi, The Journal of Humanities & Social Sciences, Volume-27, Issue-2.