Strategic Agility and Organizational Performance in Selected Manufacturing Firms in South-South Nigeria (Published)
This paper focused on the influence of strategic agility on organizational performance in selected manufacturing firms in South-South Nigeria. The general objective of the study was to examine the effect of strategic agility on organizational performance in selected manufacturing firms in South-South Nigeria. The research questions and hypothesis were formulated to work with the research objective. A survey research design was adopted for the study and a sample size of 177 respondents were drawn from the population of 319. The major instrument for data collection was structured questionnaire administered to the respondents using Bowley’s formula for proportionate representation from the population. The data collected were analyzed using simple percentage and Simple Linear Regression Analysis. Results showed that strategic agility dimension of strategic leadership and organizational flexibility had a statistical influence on organizational performance with X1= R2 = 666 and X2 = 763 at 0.05 level of significance. Based on the findings of the analysis, the study concludes that, the dimensions of strategic agility (strategic sensitivity and core competence) are relational aspect that affects organizational performance. Consequently, it is recommended that every organization should be empowered with the dimensions of strategic agility to help them navigate complex and ever-changing business environment successfully.
Lean Management and Organizational Performance in Selected Manufacturing Firms in Akwa Ibom State (Published)
Local government councils are established to ensure that the needs of the people at the grassroots level are properly taken care of. The extent to which local governments council are able to perform effectively hinges on the work behaviour of their employees. This study seeks to investigate the employee’s work behaviour and organizational performance in selected local government council areas in Akwa Ibom State. Two objectives were designed for the study as well as two research questions and two research hypotheses. The population of the study was 497which comprise of the three senatorial districts in Akwa Ibom state, while 269 was the sample size. Survey research design was used, while proportional and simple random sampling techniques were as well used in the study. The research instrument used in the study was adapted from different sources. Using Pearson Product Moment Correlation (PPMC) analysis, the formulated null hypotheses were tested at 0.05 level of significance. Results from the analysis showed that absenteeism has a positive and significant relationship with the performance of selected local government council areas in Akwa Ibom State (r = 0.765, p<0.000); while embezzlement of funds has positive and significant relationship with the performance of selected local government council areas in Akwa Ibom State (r = 0.764, p<0.000). The researcher concluded that employee’s work behaviour affects the performance of the studied local government council areas in a positive and significant manner. It was concluded that there is a positive and significant relationship between employees’ behaviour and organizational performance in selected local government council areas in Akwa Ibom State. It was recommended that employees should not be randomly approved to be absent from work and when it is inevitable, works should be properly designed to stopping/disrupting work flows and more control mechanisms such as the use external auditors should be introduced in the studied local government areas
Environmental Accounting and Organisational Performance of Listed Industrial Sector Companies in Nigeria (Published)
Corporate performance in Nigeria is largely determined on how companies treat their environment. Listed oil businesses in Nigeria’s stock exchange were studied for the influence of environmental accounting on their financial performance. An ex-post facto design was used in the research. From the annual reports and financial statements of listed firms on the Nigerian stock exchange, researchers gathered secondary data that was utilized in the study. As proxies for Environment Accounting (EVA), Waste Management Cost (WMC), CDC, and EHSC, the independent variable is Waste Management Cost (WMC) (EHSC). The dependent variable is the company’s performance in terms of return on asset, return on equity, and profit margin. Canonical correlations were used to analyze the data in SPSS version 26. Environmental accounting (waste management costs, community development expenses, employee health and safety costs) and organizational performance (Return on assets, return on equity, and profit margin) of listed industrial sector businesses in Nigeria have a substantial association. Other recommendations included making environmental accounting in annual reports mandatory, as most companies do not declare their environmental operations in their annual reports.
Maintenance Management and Organizational Performance in Selected Manufacturing Firms, Akwa Ibom State (Published)
This research was designed to examine the relationship between Maintenance Management and organizational performance among selected manufacturing firms in Akwa Ibom State. Survey research design was adopted for the study and a sample size of 258 respondents was drawn from the population of 275. For the objective of the study to be achieved, five hypotheses were formulated. The major instrument for data collection was a structured questionnaire administered to the respondent using random sampling techniques. Data collected were analysed using simple percentage and Ordinal Logistic Regression. Results show that there is a significant correlation between variables of maintenance management such as corrective, preventive, condition-based maintenance and pre-determined maintenance and organizational performance variables of effectiveness, efficiency and profitability among selected manufacturing firms in Akwa Ibom State. Based on the finding of the analysis, management has to provide the maintenance teams with a maintenance management software in order to ensure proper interventions monitoring as well as smooth communication between technicians and other professionals to enhances business success. Consequently, it is recommended that Management should ensure that Corrective maintenance is implemented right after a defect has been detected on a piece of equipment or a production line: its objective is to make the piece of equipment work normally again, so that it can perform its assigned function. Corrective maintenance can either be planned or unplanned depending on whether or not a maintenance plan has been created.
Functional Strategies and Performance: Empirical Evidence from Commercial Banks in Nakuru County in Kenya (Published)
Business environment is characterized by high turbulence in organizational performance. Functional strategies play a role as banks aim at customer retention, increased profits, increased sale volumes, efficiency and increased market share. The research established the effect of operational, marketing, finance and human resource management strategies on organizational performance. The study used descriptive research design with a target population of 205. Questionnaire was used to collect primary data which was analyzed using descriptive and inferential statistics with the help of Statistical Package for Social Sciences software. Findings indicated that operational, marketing, finance and human resource management strategies affected the organizational performance. The correlation between the operational strategies and marketing together with human resource management strategies was negative and insignificant. The correlation between operational and finance strategies was positive and insignificant. Operational, finance, marketing and human resource strategies were not significant to organizational performance. It is recommended that functional strategies be improved.
Citation: Ken Njogu and Kipkorir Sitienei Chris Simon (2022) Functional Strategies and Performance: Empirical Evidence from Commercial Banks in Nakuru County in Kenya, International Journal of Business and Management Review, Vol.10, No.4, pp.17-36
With the whole world now a global village with all wired via computer systems the business system environment is then dominated by computerised technology. The purpose of this paper was to examine the effect of management information system as a process for improving the key variants of organisation functions as it affects revenue, cost, data security and consequentially the organizational achievement of contributing to the stakeholders welfare.There is hardly any distinction in the utilisation of management information system from small to large organisations, it’s a function of birds nesting according to size and thus the review is taken from the statutory compliance, customer database management and the safety of the data involved including the hardware devices. Accounting information system and the operational information system combined with separate or integrated forecasting and reporting tool are essential components of information management and most critically the people that will operate the system. The research design was descriptive survey to study and observe the influence of management information system in organizational success in a competitive cyber-crime prone environment. The analysis revealed that all proxies of management information system such as general information system, production simulation system, reporting package, forecasting tool have a significant positive effect on the statutory reporting compliance (Adjusted R2= 0.945, F-statistics = 351.505. : p= 0.000<0.05). All proxies of management information system have a significant positive effect on customer relationship management (Adjusted R2= 0.847, F-statistics = 113.534.: p= 0.000<0.05). The result also shows all proxies of management information system have a positive effect on data storage and security (Adjusted R2= 0.935, F-statistics = 291.517.: p= 0.000<0.05). Thus, the study concluded that the proxies of management information system considered have a significant positive influence on the quality of corporate reporting.
The Relationships between Adoption of Proactive Environmental Strategy, Organizational Performance and Organizational Culture: Evidence from the Hotel Sector (Published)
This study examines the significance of the adoption of proactive environmental strategy (APES) as a source of competitive advantage for the organization. The relationship between adoption of environmental proactivity and their environmental performance (ENVP) and economic performance (ECP) were studied, and then the prevailing organizational culture (OC) was introduced to explore whether it plays a moderating role in the relationship between APES and performance. A research model is developed and tested using a sample of 314 managers from star graded hotels in Sri Lanka. Data were collected through survey questionnaire and self- reported measures on APES, ENVP, ECP and OC were used. Data were analyzed using SPSS and structural equation modeling with AMOS. The findings of the study suggest that hotels with a higher degree of environmental proactivity obtain better environmental and economic performance and show significant positive impact of environmental performance on firm’s economic performance. In particular, the study found that flexible organizational culture seemed to be the more suitable cultural type that enhances organizational performance through environmental proactivity.
A Proposed Theoretical Framework on Relationship between Knowledge Integration and Organizational Performance: An Operational Capabilities Mediated Model (Published)
This study aims to draw attention towards the organizations’ knowledge resources and operational capabilities. Particularly, the role of knowledge integration and its relation with operational capabilities while determining organizational performance. Present study fills the gap in existing literature by proposing a conceptual framework that links knowledge integration with organizational performance through the mediating role of operational capabilities. Moreover, study highlights the importance of knowledge integration as this enables the organization to impart new knowledge in existing knowledge base.
The Relationship between Board Members’ Knowledge and Organizational Performance of Private Commercial Banks in Nairobi County, Kenya (Published)
Many organizations are striving to enhance their organization performance by creating and commercializing knowledge in a timely and cost-efficient manner. Given the intensifying competitive environment, the critical determinant of organizational success is the effectiveness of board of directors. The purpose of the study was to establish the relationship between board members’ characteristics and organizational performance, drawing empirical lessons from private commercial banks in Nairobi County, Kenya. Based on the study, this paper examines the relationship between board members’ knowledge and organizational performance. The study employed a correlation research design. It targeted 207 senior management staff drawn from 28 private commercial banks within Nairobi County. Stratified and random sampling technique was used to select a sample of 103 senior management staff, representing 50% of the target population. Primary data was collected using structured questionnaire while secondary data was collected using documentary guided. Content validity index was used to test validity of research instruments whilst Cronbach alpha method was applied to test reliability of the research instruments. Correlation analysis was used to determine the nature of the relationship between variables. The study found no significant correlation between board members’ knowledge and organization performance. The study therefore adds new knowledge to the existing body of literature since the extant literature suggests that board members’ knowledge has a positive influence on organization performance. There is however need for further studies on the same to establish if the study findings hold.