EFFECT OF LEARNING AND LEADERSHIP ON IMPLEMENTATION OF BUSINESS STRATEGY IN THE BANKING SECTOR, KENYA
Journal Title: European Journal of Business and Social Sciences - Year 2015, Vol 4, Issue 8
Abstract
In the Banking sector, banks have traditionally relied on asset bases and size for competitive advantage but this is becoming more difficult to sustain owing to competition. Despite the benefits gained by knowledge management in other industries, there is need to establish whether knowledge management would be of strategic importance in the banking sector. This study sought to establish the effect of knowledge management factors on implementation of business strategy at banking institutions in Chuka town. Exploratory research design was used in the study. The target population of the study was seventy-nine staff, of the six commercial banks in Chuka town. A sample of seventy-four staff was selected from the population. A census survey of ten management staff was conducted. Stratified sampling was done between banks and within each bank stratification was done in the two levels: middle level and management. A proportionate sample size of sixty-four middle level staff was selected. Primary data was collected from employees of the banks through the use of questionnaires and interview schedules. Data was then analyzed using descriptive statistics such as percentages and frequencies through Statistical Package for Social Sciences. Learning and Leadership affected implementation of business strategy at 74% and 71% respectively. These research findings would be useful to commercial banks in helping them to carefully align their Learning and Leadership style towards effective implementation of business strategy.
Authors and Affiliations
Justo Simiyu| Department of Business Administration, Chuka University, P.O Box 109 60400,Chuka, Kenya
Keywords
Related Articles
- EP ID EP10677
- DOI -
- Views 372
- Downloads 17
THEORETICAL UNDERPINNINGS OF DYNAMIC CAPABILITIES
This article is a review of literature about the theoretical underpinnings of dynamic capabilities. It discusses the theoretical underpinnings of dynamic capabilities. It starts with a conceptualization of dynamic cap...
EVOLUTION OF THE BASE OF THE PYRAMID (BOP) CONSTRUCT THROUGH A BI-DIMENSIONAL PERSPECTIVE
The concept of the Base of the Pyramid and the different ways to access it has generated a lot of literature searching for answers and proposing solutions. The objective of this text is to offer a vision of the BOP ev...
FACTORS AFFECTING THE DECISION OF THE SELECTION OF FOREIGN TOURISTS FOR A TOURIST DESTINATION: A STUDY IN DA NANG CITY, VIETNAM
The satisfaction of guests is one of the most important factors deciding the percentage return of tourists and the development of a tourist destination. The higher their satisfaction is, the more loyal towards the des...
INTERMEDIARIES ARE A POOR MARKET CONDUCT AND DISCLOSURE CHANEL: AN EMPIRICAL STUDY ON SAUDI ARABIA
Market conduct refers primarily to the way insurers deal with existing or prospective policyholders whether directly or through intermediaries; it also covers other market players such as investments managers, The str...
INNOVATING WITH THE MATRIX GUT APPLIED IN ONE PLATFORM OF SERVICES
This study is based on the Contingency Theory and has the purpose to assess the employment of the GUT Matrix in a microbusiness enterprise of technical assistance services, operating in the city of Porto Velho, state o...