Journal Articles
Permanent URI for this communityhttp://41.89.31.6:4000/handle/123456789/313
Welcome to Journal articles community
Browse
2 results
Search Results
Item Influence of Resource Allocation on Organizational Performance of Commercial Banks in Meru County, Kenya(Journal of Strategic Management, 2025-07) Martin, Kirimi Mwongera; Nancy, Rintari; Paul, KirigiaThe purpose of the study was to evaluate the influence of resource allocation on the organizational performance of commercial banks in Meru County, Kenya. The study used a descriptive design targeting 19 banks in Meru County, involving 19 managers and 91 staff. Data were collected via questionnaires and interviews, analyzed using SPSS and thematic methods. Most respondents (87%) reported ICT investment improved communication, efficiency, and reduced resource waste. Financial accountability (84%) also reduced waste, but challenges like poor training, politics, and resistance affected risk allocation. A significant correlation (r = 0.379, p < 0.001) was found between resource allocation and performance outcomes. The study recommends that senior management should ensure that there is impartiality in organizational politics to minimize its interference with even resource distribution among the departments. Furthermore, the study suggests that there is a need for employee involvement measures to minimize the resistance level experienced within the banking departments.Item Assessing the Influence of Market Competition on the Growth of Deposit-Taking Savings and Credit Cooperative Societies in Meru County(Journal of Entrepreneurship & Project Management, 2025-08-11) Faith Kinya, Ngutiku; Paul Maku, Gichohi; Paul, KirigiaThe study sought to assess the influence of market competition on the growth of deposit-taking Savings and Credit Cooperative Societies in Meru County. A mixed-method approach using both quantitative and qualitative data was employed. Data were gathered from 10 DT-SACCO headquarters in Meru County through a descriptive survey design. Respondents included 10 purposively sampled branch managers and 170 randomly sampled officers. Data collection methods included interviews, questionnaires, and secondary financial reports. Validity and reliability were assessed using various methods, including Cronbach’s alpha. SPSS version 27 was used for both descriptive and inferential statistical analysis. Data collected through questionnaires established that the management had consciously worked to make sure that DT- SACCOs were known as customer-focused to provide products and services effectively. To be able to accomplish this, the institutions employed qualified professionals with expertise in cost management, which encouraged the effective use of resources. However, the study found that staff members were not included in the decision-making process. Interview replies indicated that marketing campaigns, joint ventures with other corporations to boost sales, and cost leadership were the kinds of market competitiveness tactics used in DT-SACCOs. At a 99% significance level and α < 0.001, the market competition correlation coefficient value was r = r=0.609. This showed that market competition had a moderately high influence on growth. The coefficient for market competition is 0.490 with a significance value of 0.01. Therefore, the model was Y = 19.601 + 0.490X1 + 3.063e. Notably, without the inclusion of the market competition, the growth of DT-SACCOs would be 19.601. The outcome noted from the findings recommends the need for the management to develop policies to emphasize on how staff can be included in making decisions to improve their commitment level to the organization and take advantage of market competition. If there are policies that encourage staff involvement in decision-making, it will enhance cohesion and effective operations. The study recommends that, in terms of technology adoption, there is a need to give priority to cybersecurity and consistent training in technology, to reduce operational risk exposure. Therefore, the solidification of IT is expected to uphold the reputation of the DT-SACCOs as key financial providers.