This book explores the evolution of managerial practices supporting the growth of small- and medium-sized businesses and how these practices are associated and employed with trusted leadership to develop better business performance and success. It analyzes the influence of managerial practices on organizational innovation and provides case studies that demonstrate the ways in which societal and cultural settings may influence the perception of leadership processes and effectiveness. This book is of value for researchers, scholars, students, and practitioners interested in organizational effectiveness, entrepreneurship, and innovation.