Corporate Growth Strategies and Performance of Selected Savings and Credit Cooperative Societies in Nairobi City County, Kenya

2020 ◽  
Vol 2 (2) ◽  
pp. 19-30
Author(s):  
Hamida Mwilu ◽  
Reuben Njuguna
Keyword(s):  
Data Collection ◽  
Business Environment ◽  
Primary Data ◽  
Growth Strategies ◽  
Inferential Statistics ◽  
Market Expansion ◽  
Acquisition Strategies ◽  
Corporate Growth ◽  
Diversification Strategies ◽  
And Performance

The dynamic nature of business operating environment has called on business leaders to be strategic in their leadership roles if they are to sustain their competitiveness into the unforeseen future. Growth is important in Sacco’s because it is future oriented establishing ways in which the organizational operations can be aligned to future changes in the business environment to ensure that competitiveness is sustained. The SACCOs in Kenya have experienced problems in the past; some even shutting down therefore there is need for customer growth to be enhanced so as to increase their incomes so as to sustain the business. These SACCOs have to look for leaders and managers who can develop future targets, direct and lead other staffs towards meeting the firm’s objective and gaining a competitive edge. The aim of this study was an assessment of corporate growth strategies and performance in savings and cooperative societies in Kenya, Nairobi County. The study sought to determine the influence of market expansion, diversification strategies and acquisition strategies. The study target population was 41 licensed SACCOs in Nairobi County. The study used primary data to collect information, and the data collection instrument was a questionnaire which was given to the 41 operations managers in the 41 selected SACCOs. The data collection procedure was done by the researcher and drop-and-pick strategy will be applied. The data was coded and keyed in Statistical Package for Social Science (SPSS Version 23.0), and was analyzed using both descriptive and inferential statistics. For descriptive statistics was through mean scores, standard deviations, frequencies and percentages, while the inferential statistics was through regression analysis to establish the relationship between strategic leadership and customer growth. The findings were presented in tables and charts for easy understanding, interpreting, and describing the data. The study established that market expansion, diversification strategies and acquisition strategies as corporate growth strategies had a positive and significant effect on the performance of SACCOs in Nairobi City County. The study concluded that the SACCOs significantly employed market expansion strategies through improved branch network, customer base enhancement, new distribution channels and technological innovation. The study concluded that the SACCOs embraced a hybrid of the main diversification strategies, diverse products and services significantly. It was concluded that to a little extent the selected SACCOs in Nairobi City County have employed acquisition as a corporate growth strategy. The study recommends that the SACCOs should embrace integrate technology in the implementation of corporate growth strategies to enhance efficiency and effectiveness.  Further studies should be undertaken to establish the effect of corporate growth strategies on the performance of other SACCOs in other regions to establish the disparities or similarities among the financial sector players. 

scholarly journals Corporate Growth Strategies, External Operating Environment and Firm Performance: An Empirical Survey of Large Manufacturing Firms in Nairobi City County, Kenya

2019 ◽  
Vol 10 (4) ◽  
pp. 21
Author(s):  
Alexander Irungu Wanjiru ◽  
Stephen Makau Muathe ◽  
Jane W. Kinyua-Njuguna
Keyword(s):  
Firm Performance ◽  
Sampling Technique ◽  
Manufacturing Firms ◽  
Moderating Effect ◽  
Primary Data ◽  
Growth Strategies ◽  
Operating Environment ◽  
Corporate Growth ◽  
And Performance ◽  
The Relationship

Theoretical literature in strategic management describes performance as outcome of firm’s strategic objectives, which are developed and executed at the corporate level of management. Conceptual propositions also suggest that the external operating environment of a firm influences the relationship between its corporate strategies and performance. This paper examines the direct effect of corporate growth strategies on performance of large manufacturing firms in Nairobi City County, Kenya. The strategies under study are market development, product development and diversification. The paper also examines the moderating effect of external operating environment on the relationship between corporate growth strategies and performance of the large manufacturing firms. The authors adopted indicators of competitive position, consumer behaviour and credit accessibility to measure external operating environment.Multistage probability sampling technique was used to select study sample of 189 firms. One hundred forty eight firms responded where primary data was collected using a semi-structured questionnaire. Data was analysed using descriptive and inferential statistics. The study findings indicate that corporate growth strategies have a positive and significant impact on a firm’s performance. It also found out that external operating environment has a moderating effect on the relationship between corporate growth strategies and firm performance. The study has important implications for managers and policy makers of the manufacturing firms.

scholarly journals BUDGETING, BUDGETARY CONTROL AND PERFORMANCE EVALUATION: Evidence from Hospitality Firms in Nigeria

2017 ◽  
Author(s):  
Patrick Egbunike ◽  
Amaka Unamma
Keyword(s):  
Performance Evaluation ◽  
Data Collection ◽  
Significant Variation ◽  
Primary Data ◽  
Evaluation Technique ◽  
Inferential Statistics ◽  
Evaluation Measures ◽  
Budgetary Control ◽  
Hospitality Firms ◽  
And Performance

This study was carried out with the view to address two fundamental issues: first, to determine if there is any association between budget, budgetary control and performance evaluation; second, to ascertain if there is any significant variation in the budget, budgetary control and performance evaluation measures of hospitality firms in Nigeria. The study employed descriptive design and primary data (questionnaire) was the major source of data collection. Questionnaire was administered to a total of six hundred (600) employees of ten (10) selected hospitality firms in Nigeria. The data obtained were analyzed using both descriptive and inferential statistics. Findings indicated that budget and budgetary control could serve as an avenue through which hospitality firms in Nigeria can be evaluated. In addition, it was revealed that there is a significant variation in the budget, budgetary control and performance evaluation of hospitality firms in Nigeria. On the basis of the findings, it was recommended that hospitality firms in Nigeria should carry out performance evaluation on every aspect of their budget and budgetary activities as a way of ensuring that budgeted outcomes are met. Also, budgetary costs should be a basis of choosing the most-fit performance evaluation technique for hospitality firms since such

scholarly journals PEWARISAN SILEK PAUH DI PERGURUAN SILATURAHMI DI KELURAHAN KALUMBUK KECAMATAN KURANJI KOTA PADANG

2020 ◽  
Vol 9 (1) ◽  
pp. 57
Author(s):  
Uchi Isra Windy ◽  
Nerosti Nerosti
Keyword(s):  
Data Collection ◽  
Performance Art ◽  
Martial Arts ◽  
Secondary Data ◽  
Primary Data ◽  
Data Types ◽  
Library Studies ◽  
And Performance ◽  
The University ◽  
The Village

Abstract This research aims to describe and discuss the inheritance of Silek Pauh at the University of Kalumbuk subdistrict, Kuranji, Padang. The method used in this study is a qualitative deskritif method. Research instruments are self-researcher and assisted by supporting instruments such as stationary cameras. The data types in this study are primary data and secondary data. Data collection techniques are conducted by way of library studies, observation, interviews, documentation.  The steps for analyzing data are data collection, describing data and making inferences. The results showed that the inheritance of Silaturahmi in this college was an open devolution system. But still rigid due to some things, among them the trainer currently has not found a candidate who is intact and able to learn the Silek Pauh.  The function of Silek Pauh in addition to martial arts and performance art, Silek Pauh is also used as a means of communication and associating among Pauh people. This seems to be seen in the practice activities Pauh Silek Many students come to Pauh Silaturahmi in this college from several villages outside the village Kalumbuk. Currently, the college has remained a sociable event between youth Kalumbuak. The process of student rektrument at the college is very easy, by coming directly and convey the goodwill to be a student in the College of Hospitality, and will be able to follow every process that is at the time of practice. Keywords: devolution, Silek Pauh, silaturahmi College

scholarly journals INNOVATIVENESS AND COMPETITIVENESS IN CREATIVE INDUSTRIES: THE CASE OF SMES IN MAROS REGENCY

2018 ◽  
Vol 1 (3) ◽  
pp. 195
Author(s):  
Narto Irawan Otoluwa ◽  
Ibriati Kartika Alimuddin ◽  
Nur Alamzah ◽  
Mursalim Nohong
Keyword(s):  
Research And Development ◽  
Creative Industries ◽  
Descriptive Statistics ◽  
Primary Data ◽  
Creative Industry ◽  
Inferential Statistics ◽  
Insignificant Effect ◽  
Technological Leadership ◽  
Industry Performance ◽  
And Performance

The purpose of study was to explain the effect of entrepreneurship orientation and innovation in improving the performance and competitiveness of creative industries in Maros Regency. The primary data used in this study were collected by using questionnaires. The data is then processed in the form of descriptive statistics and inferential statistics. Based on the analysis, it is found that the orientation of entrepreneurship which is reflected by the activities of research and development activities, technological leadership, and innovation will be able to improve the performance and competitiveness of creative industry. Performance as measured by the company's ability to increase sales will be able to create competitiveness. The study also found an insignificant effect between innovation with competitiveness and performance with competitiveness

scholarly journals EFFECT OF TECHNOLOGICAL ADOPTION STRATEGY ON THE PERFORMANCE OF SACCOS IN KENYA

2018 ◽  
Vol 3 (1) ◽  
pp. 1
Author(s):  
Paul Wambua Kavulya ◽  
Prof. Willy Muturi ◽  
Dr. Gladys Rotich ◽  
Dr. Kennedy Ogollah
Keyword(s):  
Regression Analysis ◽  
Data Collection ◽  
Descriptive Analysis ◽  
Primary Data ◽  
Unique Contribution ◽  
Technological Advancement ◽  
Cross Sectional Survey ◽  
Cross Sectional ◽  
Technological Adoption ◽  
And Performance

Purpose: To examine the effect of technological adoption strategy on the Performance of SACCOs in KenyaMethodology: The study was a cross-sectional survey with a descriptive research design. This design is appropriate because it is considered suitable for gathering information and generating appropriate conclusions with respect to the research questions. The target population of this study was the 181 authorized deposit taking SACCOs in Kenya that have been in existence for at least the last 5 years SASRA (2014). The firms which have been there for 5 years are considered to have adequate knowledge and have deposit mobilization strategies in place. The number of respondents was 181 CEOs and Business development managers, who are in charge of strategies. The study used questionnaires as the main data collection instrument that contained both open and closed ended questions. Questionnaires were preferred because they are effective data collection instruments that allow respondents to give much of their opinions pertaining to the research problem. Primary data was collected through administering of questionnaires to Members of the SACCOs, senior staff of the SACCOs and Cooperative Ministry/regulatory officials. The study employed descriptive analysis technique on the collected data. Multiple regression analysis was used to establish the relationship between the dependent and independent variables.  Results were presented using frequency tables and figures.Results: Correlation analysis showed that technological adoption strategy and performance of Saccos are positively and significantly associated. Regression analysis indicated that technological adoption strategy has a positive and significant effect on performance of Saccos in Kenya. The hypotheses results indicated that there is a significant relationship between technological adoption strategy and performance of Saccos in Kenya. Unique contribution to theory, practice and policy: From the study findings, it was recommended that Saccos should lay out procedures and strategies such as product innovation, market innovation, technological innovation and process innovation so as to enhance their penetration in the market. Further, the study recommended the need for the firms to invest in technological advancement by equipping their staff with technical skills and also providing them with the necessary facilities. 

scholarly journals Competitive Intelligence Practices And Performance Of Firms Listed On The Nairobi Securities Exchange, Kenya

2016 ◽  
Vol 12 (19) ◽  
pp. 107
Author(s):  
Paul Waithaka
Keyword(s):  
Financial Performance ◽  
Secondary Data ◽  
Target Population ◽  
Business Environment ◽  
Competitive Intelligence ◽  
Annual Reports ◽  
Primary Data ◽  
Financial Measures ◽  
Listed Firms ◽  
And Performance

Performance is critical for every listed firm, as it enhances shareholder’s value and capability to generate earnings from invested capital. Some of the firms listed on the Nairobi Securities Exchange (NSE) have been performing poorly as indicated by the rising number of firms issuing profit warnings. The competitive business environment is continuously working to drive down the rate of return on invested capital. To counter these competitive forces, firms have resorted to gathering information at their disposal and converting it into competitive intelligence through analysis and human judgment. This study sought to determine the effect of competitive intelligence practices on performance of firms listed on the NSE. Firm performance was evaluated using both financial and non-financial measures. The non-financial measures used in the study were goal achievement and customer satisfaction, while Return on Assets (ROA) and Return on Equity (ROE) were the financial measures used. The target population was the sixty firms listed on the Nairobi securities exchange. Primary data was collected using a semi-structured questionnaire; while secondary data was obtained from the firm’s published annual reports available at the NSE using a document review guide. Quantitative data was analyzed using both descriptive and inferential statistics. The findings indicate that competitive intelligence practices have a positive and a statistically significant effect on the non-financial performance of firms listed on the Nairobi Securities Exchange. The intelligence practices were found to have a positive but statistically insignificant effect on the financial performance of listed firms. Managers of listed firms should raise the utilization level of competitive intelligence practices to enable the firms to make accurate predictions on changes in the business environment, compete better in the marketplace against rivals, improve on innovation and automation, track competitors’ activities and improve the competitiveness of their firms by identifying threats and opportunities before they become obvious. The study suggests that future researches should focus on extending knowledge on competitive intelligence practices to non-listed corporate sector firms to support the generalization of the findings to all sectors in the economy.

scholarly journals The influence of the business environment on the growth of informal businesses in Uganda

2019 ◽  
Vol 11 (1) ◽  
Author(s):  
Fredrika W. Struwig ◽  
Janine Krüger ◽  
Geoffrey Nuwagaba
Keyword(s):  
Business Processes ◽  
External Environment ◽  
Business Environment ◽  
Business Strategies ◽  
Primary Data ◽  
First Year ◽  
Internal Environment ◽  
Growth Strategies ◽  
Growth And Survival ◽  
Business Environments

Background: Informal businesses are important drivers of economic growth, especially in developing countries. These informal businesses often do not survive their first year of existence, with anecdotal evidence citing various challenges from the business environment.Aim: This study explored the influence of business environmental challenges on the growth of informal businesses in Uganda.Setting: There are various challenges from the internal and external environment that impede the growth and survival of informal businesses in Uganda. From the internal business perspective, informal businesses have poor business processes and do not have proper business strategies on which to focus their business growth strategies. From the external environment perspective, informal businesses do not understand their suppliers adequately. In addition, there is a lack of research on the relationships between internal and external business environments and the growth of informal businesses.Method: Primary data were collected from 383 informal businesses using a self-administered questionnaire. The data were analysed using descriptive statistics in SPSS 21.0 (Statistical Package for the Social Sciences), while the relationship between the variables was determined using Pearson’s product moment correlation coefficient and tested using regression analysis and analysis of variance (ANOVA).Results: The results showed that there was a significant positive directional relationship between the internal environment and the growth of informal businesses. However, there was a negative significant directional relationship between the external environment and the growth of informal businesses.Conclusions: Informal businesses should pay more attention to the internal environment and appropriate strategies should be developed and implemented to ensure their growth.

scholarly journals DAYA SAING INDUSTRI KACANG GOYANG DI KOTAMOBAGU (STUDI KASUS DI USAHA DAGANG BERUSAHA DAN USAHA DAGANG KABELA)

2016 ◽  
Vol 12 (1A) ◽  
pp. 19
Author(s):  
Windy Amelia Makakombo ◽  
Leonardus R. Rengkung ◽  
Celcius ., Talumingan
Keyword(s):  
Performance Analysis ◽  
Data Collection ◽  
Secondary Data ◽  
Primary Data ◽  
Physical Aspect ◽  
Good Service ◽  
North Sulawesi ◽  
And Performance

The purpose of this study is to analyze the Competitivences of ‘Kacang Goyang’ industry of ‘UD Berusaha’ and ‘UD Kabela’ Kotamobagu, North Sulawesi. This study was conducted over three months from July to October 2015 in Motoboi Kecil, South Kotamobagu, North Sulawesi. Data used in this study are primary and secondary data. Primary data collection is done by interview using questionnaires and secondary data derived from Dinas Pertanian. The used analysis is Importance Performance Analysis (IPA). The result showed that consumers are satisfied with the level of the cleanliness, appearance and performance. Prices offered by the two businesses are affordable and is according to the contents of products and flavors. The consumen is satisfied with the price. Consumers’ considended that the two companies have a clean and comfortable place, but there are some aspects that should be corrected such as, location and parking. Consumers also considened that this two companies provide a good service in the aspect of speed, knowledge and friendliness, but consumers have not been satisfied in the physical aspect, dressed, and neatness.*lrr*

scholarly journals The Influence of Emotional Intelligence on Work Motivation. An Empirical Assessment

2021 ◽  
Vol 9 (11) ◽  
pp. 2611-2623
Author(s):  
Safura Mohammed
Keyword(s):  
Emotional Intelligence ◽  
Data Collection ◽  
Work Motivation ◽  
Primary Data ◽  
Inferential Statistics ◽  
Convenience Sample ◽  
Empirical Assessment ◽  
Research Findings ◽  
Sample Method ◽  
Emotionally Intelligent

The paper investigated the association between emotional intelligence and work motivation among employees of organisations to determine whether emotional intelligence differences exist in work motivation, and to assess the nature of the association between emotional intelligence and work motivation. A sample of 140 respondents was selected through the convenience sample method for the primary data collection. A set of questionnaires developed by the researcher was used to collect data from the respondents. Data collected were analysed using descriptive and inferential statistics, and presented in Tables. The results indicate respondents are emotionally intelligent and are also motivated. The research findings also indicate emotional intelligence differences exist in work motivation. It is recommended that improvement in skills in the emotional intelligence of employees will contribute positively to work motivational levels, and organisation’s productivity, and growth. Organisations should, therefore, thrive to identify factors that improve the work motivation of employees.

scholarly journals ANALISIS SWOT PADA STRATEGI PERSAINGAN USAHA MINIMARKET MADINA PURBARATU KOTA TASIKMALAYA

2019 ◽  
Vol 4 (1) ◽  
Author(s):  
Yayang Primadona ◽  
Yusep Rafiqi
Keyword(s):  
Data Collection ◽  
Local Governments ◽  
Swot Analysis ◽  
Descriptive Analysis ◽  
Secondary Data ◽  
Business Environment ◽  
Primary Data ◽  
The Future ◽  
Swot Matrix ◽  
The Right

In choosing the right competitive advantage strategy to be applied by a business,businessmen need to look at market conditions and assess their position in the market. This can be done by analyzing the business environment, both the external environment and the internal environment, usually called SWOT analysis. The purpose of this research is to formulate the most appropriate competitive strategy for to be applied in the future. In this research the author uses descriptive qualitative method with data collection techniques through interview, observation and documentation. Primary data collection is done through in-depth interviews with informants in this study, namely including Madina managers, Madina employees, Madina consumers, Madina suppliers and local governments Purbaratu Tasikmalaya. While secondary data is collected through literature studies, research journals and an overview of research objects, the structure and vision and mission of the company obtained directly from the Madina Purbaratu Tasikmalaya minimarket. The research method used is a qualitative descriptive analysis method with SWOT anlysis. From the results of the IFAS and EFAS analysis the company position is in quadrant 1. From the quadran the recommended strategy is an aggressive/progressive strategy. Then from matrix SWOT the right alternative strategy options that can be applied in Madina in the future is the SO strategy by maintaining the company’sstrengths, minimizing weaknesses and avoiding threats seen from the company’s internal and external factors analyzed through the SWOT matrix

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