Effects of Strategic Factors on Organizational Performance; A Case Study of the Kenya Geothermal Development Sector (Kengen)
Journal Title: International Journal Of Management And Economics Invention - Year 2016, Vol 2, Issue 9
Abstract
Background information indicates that firms which fail to analyze their strategy ultimately underperform or perish. Numerous strategic performance management theories and a conceptualized model support this empirical research. This study analyzes strategic factors affecting organizational performance to ensure the pursued strategy is unique, inimitable and competitive. Despite the establishment of KenGen Geothermal sector as a discrete strategic business unit (SBU), it’s not clear if strategic factors affect organizational performance indicated by increase in profit, revenue and growth; that may be the cause of the problems of frequent power blackouts and rationing. These problems of frequent power blackouts and rationing in the recent past by KenGen require assessing the effects of strategic factors on organizational performance; first based on a single SBU of the firm. The objectives of the study are; assess if the firm’s SBU has strategic or culture fit and analyze if strategy decay affect performance. Random or probability sampling is used to collect data from respondents. Standard normal distribution at 95% confidence interval is used to test the proposed hypotheses. In all cases of these tests, the null hypotheses have been rejected. Pearson correlation coefficients have been used to test linear dependence of the variables of interest. The study output verifies strong positive linear dependence ranging from 0.574 to 0.993. The research recommends further studies to include all other SBUs in the firm and other diverse organizations in order to verify the universality of this research. The study benefits the firm as it is a cost effective method of assessing effects of strategic factors on organizational performance.
Authors and Affiliations
Kamau Maina
Keywords
Related Articles
- EP ID EP211543
- DOI -
- Views 98
- Downloads 0
Influence Of E-Procurement On Public Procurement Reforms On Procurement Performance Of Government Ministries In Kenya
Public procurement Reforms refers to as public procurement systems that are undertaken for influencing offering of high level of transparency, accountability and value for money in the application of a public procurement...
Insurance awareness and business success
This study was conducted with an aim of establishing the interaction between business insurance awareness, insurance practices in business as well as business success and continuity in Uganda. This study was carried out...
Challenges And Coping Stratgies About Livelihood Of Female Staff In Tai Solarin University Of Education, Ijebu-Ode, South-West, Nigeria
Women integration into formal sector is constrained by several challenges which include limited access to credit, property, education, technical skill as well as coping with domestic responsibilities. Although some of th...
Impacts of Zero Grazing Techniques on the Livelihood of Rural Community of Tigrai
This paper was done to evaluate the impact of controlled grazing intervention (zero grazing ) on household’s livelihood (child education, milk and crop production and burden on women) that help policy and decision makers...
Customer Experience and Loyalty Leads To Relationship Drive: Special Reference to Fun Republic Mall Coimbatore
Happy customers are loyal customers and a world-class customer experience is essential to not just their satisfaction but their loyalty as well. However, balancing the needs of customers with the needs of the business ca...