Management Styles and their Effects: A Comparative Study on the Role of Male and Female Entrepreneurs in Business Growth of Pakistan

The aim of this study is to examine six different entrepreneurial management styles i.e. the archetypal, the coordinator, the perfectionist, top to bottom, the small partnership and big team venture to compare and contrast both the genders and their effects on earnings .Another significant aspect is to study the effect of these management styles adopted by the entrepreneurs’ on the business growth in the context of Pakistan. For the data collection purpose one hundred twenty five (n=125) questionnaires were distributed to male and female entrepreneurs, whereas 100 questionnaire were returned. Sample includes 100 entrepreneurs 50 males and 50 females of different age groups and different contextual backgrounds of working with the experience of dealing in managerial domains. The data was compiled for descriptive statistics on the sample and independent sample t-test was used to compare both the gender groups’ males and females on the basis of entrepreneurial management styles. Findings reveal that female entrepreneurs usually adopt the entrepreneurial management styles more than the male group members. In the context of developing country, it has been proved that female entrepreneurs are feeling uncomfortable to take initiative in starting their own business or taking risk as compared to males. So females rarely take big risks and their business earnings are less as compare to males. Hence, the current study on gender difference of entrepreneurs’ was conducted using different samples and research instrument in order to identify which styles are more prominent in male and female entrepreneurs’ to validate the adoption of different managerial styles.