STRATEGY IMPLEMENTATION EFFECT ON PERFORMANCE OF GULF AFRICAN BANK IN KENYA


For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Many organisations have had to conduct strategy management process so as to attain competitive advantage in a very dynamic business environment. However, despite these strategies being well formulated and planned, they do not seem to deliver the desired outcomes. Several studies has been done over the years to determine the relationship between strategy implementation and performance of an organisation. The studies are not conclusive and that they do not look at how implementation of  specific organisational variable affects the performance. As such, the Islamic banks in Kenya have reported low profits with the main challenge has been in transforming strategies into action. The purpose of this study was to determine the effect of strategy implementation on performance of Gulf African Bank.. The specific objectives of the study were to assess how organisational structure of Gulf of African Bank has impacted on the bank’s performance, to assess effect of organisational culture in attaining organisational performance,to find out impact of organisational systems  in attaining organisational performance at GAB and to determine how employee reward influences the organisational performance of the GAB.The target polpulation comprised of the seven branches based at Nairobi region.The study employed stratified sampling technique and the data was gathered both through secondary and primary data collection techniques. Structured questionnaire was used to collect the primary data. The data was analysed using both descriptive and inferential statistics to illustrate the distribution of different variables across the sample population. The analysed data was then presented in form of tables and figures.The study found out that there are four main strategy implementation determinants which highly determine how Gulf African Bank performs. These include organisational structure, organisational culture, organisational systems and employee rewards. The study also found out that these strategy implementation determinants have varying extents of influence on the organisational performance at the bank. The regression analysis further revealed that strong relationship between these determinants and organisational performance at Gulf African Bank. The study therefore concludes that the nature of effect of the strategy implementationon the organisational performance is dependent on the individual determinants.The study further concludes that an evaluation and improvement of these strategy implementation determinants could result in improved organisational performance at Gulf African Bank.The study therefore recommends that the management in the bank to closely evaluate these factors and how exactly they affect both the strategy implementation process and the entire organisation performance.   

 

 

STRATEGY IMPLEMENTATION EFFECT ON PERFORMANCE OF GULF AFRICAN BANK IN KENYA
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Project
    Department Business Administration and Management
    Project ID BAM3492
    Fee ₦5,000 ($14)
    No of Pages 85 Pages
    Format Microsoft Word

    Related Works

        Islamic Banking is one of the rapidly developing areas of finance in Kenya and the world at large.  This study aimed to fill the gap in knowledge of the factors that enhance profitability of Islamic banking and especially in Gulf African bank. The objectives of the study were; to examine Shari’ah compliance as a factor influencing the... Continue Reading
    Islamic Banking is one of the rapidly developing areas of finance in Kenya and the world at  large. This study aimed to fill the gap in knowledge of the factors that enhance profitability of  Islamic banking and especially in Gulf African bank. The objectives of the study were; to  examine Shari’ah compliance as a factor influencing the... Continue Reading
    ABSTRACT  Strategic management process is an important framework that supports all sizes of enterprises with opportunities to operate in a competitive environment which has a direct impact on organization performance. The implementation of formulated strategies impacts on the organization performance. Foregoing researches in Kenya have not looked... Continue Reading
    ABSTRACT The environments in which organizations operate have become increasingly uncertain posing a lot of challenges. County governments like any other organizations are also faced with similar challenges in strategy implementation since devolution is still a new concept of governance in Kenya. The implementation of the County Integrated... Continue Reading
    ABSTRACT With the influence of internal and external factors, Huduma (Service) Centres operating in Kenya have continued to experience deteriorating performance due to issues of strategy implementation. Formulation of good strategies is not a reflection that implementation will take place. Effective implementations of strategy give organizations a... Continue Reading
    Balance Score Card (BSC) is multi-dimensional performance management able to measure both fiscal and non-fiscal indicators for the purposes of improving firms‟ performance. Balance Score Cardhas been used by firms to align their activities to strategic outcomes. The study assessed application of the Balance Score card Strategy on performance of... Continue Reading
    ABSTRACT There are many factors that a firm has at its disposal that influence how strategy is implemented. Some of these factors include a firm’s human resources capital, its technological competences, access to financial resources and organizational behaviour. The study’s main objective was to investigate the influence of organizational... Continue Reading
    This study examined the ways in which the KCB Mtaani (agency banking) has been used as a competitive strategy at KCB through the enhancement of the financial inclusion within Nakuru County. The need for a competitive strategy was informed by the intense competition in terms of profitability and market share of the different banks. The specific... Continue Reading
    ABSTRACT Nairobi City Water and Sewerage Company has been issuing notices to the public regarding its inability to fully satisfy customer needs. Yet, the company has formulated and implemented strategies to enhance its performance in offering quality service and increasing customer satisfaction. The purpose of this study was to investigate the... Continue Reading
    The main purpose of the study was to investigate the factors affecting strategy implementation among commercial banks in Kenya. The study sought to answer the three research questions namely: How do employee factors affect strategy implementation in commercial banks? How do organization factors affect strategy implementation in commercial banks?... Continue Reading
    Call Us
    whatsappWhatsApp Us