The influence of Knowledge Application on Sustainability of Sugar Companies in Kenya
Journal Title: IOSR journal of Business and Management - Year 2019, Vol 21, Issue 1
Abstract
The Kenyan sugar companies, as many other companies globally, since 1959 have utilized Knowledge Management Practices (KMPs‟) to dynamically change knowledge so as to improve their growth and sustainability; however, they have realized disappointing outcomes because their progress continuously decline and the companies plummet under debt burden. As majority of the firms downsize on the number of their employees, others appear on privatization lists since they are on the verge of collapse; in the period when local demand for sugar is constantly higher and unmatched with the production level. This has instigated the upsurge of imports of sugar from 4000 metric tonnes in 1984 to 249,336 in 2001. Researches have been done on KMPs‟ with intention to slot in progress in operations, but few have completely deemed the influence of knowledge Application on sustainability of organizations, especially in the Kenyan sugar subsector. The purpose of the research was to determine the influence of Knowledge application on sustainability of sugar companies in Kenya. The study used null hypotheses to test the objective. A sample of 250 respondents was studied using descriptive survey. Both descriptive and inferential statistics were applied in the analysis of data. The report of this study is expected to bring improvement in the growth and sustainability of the companies, as well as supplementing of existing literature for reference by future researchers. The descriptive analysis revealed that Application of knowledge impact on sustainability of Sugar companies in Kenya, evident from the high mean score=3.43 and standard deviation=1.24). The study reveals from its inferential analysis Table 4.16 that Knowledge application registers r=.542 and a p-value of .000 at 95% confidence interval indicating a strong positive correlation and ANOVA Table 4.7 showing [F (1, 248) = 103.423, p < .05)] further confirms that it is a significant predictor of sustainability of Sugar companies. Based on the results, the study concludes that the government should remove the administrative logjams in the approval of the companies‟ diversification programs to fast track knowledge application by inspiring sugar companies into creativity and innovation; the management of sugar companies to instigate KMPs‟ that permit group discovery and novelty by setting up of cooperative culture and implementing group-oriented reward system. The study recommends that the companies should implement knowledge management reward based system to inspire knowledge utilization in influencing growth and sustainability of sugar companies in Kenya.
Authors and Affiliations
Alex Abonyo Akoko, Dr. Wallace Nyakundi Atambo, Dr. Walter Bichanga Okibo
Keywords
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- EP ID EP432720
- DOI 10.9790/487X-2101012544.
- Views 67
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