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    INFLUENCE OF STRATEGIC MANAGEMENT PRACTICES ON ORGANISATIONAL PERFORMANCE. A SURVEY OF COMMERCIAL BASED PARASTATALS IN NAIROBI COUNTY
    (The Strategic Journal of Business & Change Management, 2021-08) Nyagaki, B. K; Munga, J.; Nzioki, S
    This analysis determined the influence of strategic management practices on organizational performance, a case study of commercial based parastatals in Nairobi County, Kenya. The review would greatly contribute towards the running of commercially based parastatals in Nairobi County, Kenya. Terminations from the analysis aid them towards the formulation as well as designing of effective plans for the identification and tackling of concerns surrounding strategic management practices in order to realize established desires and ensure relevancy in a dynamic and place commercially based parastatals well towards better results going forward. This study adopted descriptive research design and targeted 129 employees of commercial based parastatals in Nairobi County, Kenya. The study was carried out through a census; a questionnaire was used in data collection. Quantitative approaches were used for data analysis whereby Statistical Package for Social Sciences (SPSS version 23.0) was used to run descriptive and inferential statistics. The result indicated that collectively environmental scanning has the highest positive influence on organization performance, followed by strategy evaluation, strategy formulation and strategy implementation. The study concluded that predictors collectively influence organization performance. The findings are expected to be of value to the management and decision makers to form a basis for improving implementation of strategies. The study recommended that during strategy formulation the commercial based parastatals should involve all stakeholders in the industry so as to create sense of ownership. Commercial based parastatals should have a well-conceived strategic vision that must be communicated to all employees. Commercial based parastatals should seek more input from the lower level managers and supervisors when formulating strategy so that the formulated plans will be effective and in line with both long and short term objectives of the organization. Furthermore, studies can be done to other variables which influence implementation of strategic plans but were not considered in this study or the same variables to different populations, locations and other sectors of economy in Kenya
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    Influence of strategy formulation on performance of state corporations in Kenya
    (The Strategic Journal of Business & Change Management, 2020-06) Maina, P. N.; Munga, J.; Njeru, E.
    The main objective of this study was to establish the influence of strategy formulation on performance of State Corporations in Kenya. This was supported by four specific objectives derived from operationalization of strategy formulation. Target population comprised of managers of 187 State Corporations. A sample of 77 managers was picked. Primary data was collected by using questionnaires. Descriptive statistics was used in preliminary analysis of data. Inferential statistics was used to establish predictive equation and tests its combined and individual significance. Results revealed that in terms of leadership, top management makes decisions in consultation with employees and there is delegation of authority and responsibility. It was revealed that in terms of mission and vision the organization possessed a formal mission to pursue its objectives and also organization focused on what really matters to the stakeholders. Firm resources indicated that firm are a learning organization and has a well understood culture by employees embedded in values. Environmental scanning key aspects were ethic and tribal inclinations, cultural practices and management uses various sources of information to scan the environment and level of annual budget allocation to the organization and population growth rate. The predictive model was fit for prediction as the explanatory power was 81.2 percent. The predictive model was both overall and individually significant. Environmental scanning had the highest positive influence on performance followed by leadership which had negative influence on performance, firm resources have positive influence on mission and vision statement. The study concluded that State Corporations need to embrace leadership, mission and vision, resources and environmental scanning so as to improve their performance. The established predictive model should be used for foresting performance in State Corporations. More emphasis should be placed on environmental scanning and leaderships as they are key indicators of strategy formulation. Manager should embrace strategy formulation so that firm performance could be improved. Policy makers should put more emphasis on strategy formulation aspect as it has important impact on firm performance. Comparable studies should be carried out in other sectors and results be compared for generalization purposes.