Abstract This study intendedto determine effect of stakeholder involvement on change management in National Police Service in Nakuru County. The study was guided by stakeholder’s theory. The study employed descriptive survey design and correlational research design. The target population was 65 respondents comprising of 1 County commander and 9 Divisional commanders under The Kenya Police category, 1 County commander, 11 District commanders, 33 Divisional commanders under The administratio...
Abstract This research paper largely explored lean quality as proposed by luminaries of lean concept. The study aim was to propose and test conceptual model of the relationship between lean quality and operational performance of third-party port-centric logistics (3PL) firms in Kenya. The objective was to determine the relationship between quality management and operational performance of third-party port-centric logistic firms in Kenya and test the hypothesis (H0) that there is no significa...
Abstract Worldwide, Small and medium-size enterprises (SMEs) exhibit inimitable financial needs. While SMEs remain fundamental to economic growth, their mortality rate in Kenya approaches 90% by the second year, mainly owing to lack of credit. However, scholarly endeavors exploring the impact of alternative finance (AF) on managerial competency -efficiency nexus for manufacturing SMEs have received little attention in Kenya. To resolve this conundrum, a thorough study to investigate how AF i...
Abstract Research on organization economics reports a general trend towards information sharing in food supply chains. Business globalization and efficient communication via Information Technology, have forced food enterprises to turn towards a more cooperative behavior. While this change to cooperative data communication has occurred in other supply chains, it is not common in beef supply chains. Studies have shown that efficient coordination of chain information enables seamless traceabili...
Abstract This study examined the performance of Microfinance Institutions (MFIs) in Kirinyaga County and particularly the women groups affiliated to the Institutions because they are registered as social welfare groups,(save for deposit taking MFI’S) and therefore they are not regarded as financial institutions and hence not registered at all and are also not under the control of Central Bank of Kenya, or the Micro finance regulatory body The Research targeted 300 employees of MFIs under s...
Abstract The broad objective of this study was to establish the moderating effect of corporate culture on the relationship between intellectual capital and organizational performance of firms listed on Nairobi Securities Exchange. The review of literature provided conceptual and empirical gaps that formed the basis of the conceptual hypotheses. Two hypotheses were deduced from general objective: Intellectual capital has a significant influence on corporate performance; corporate culture mode...
Abstract The youths of Kenya forms a critical mass required by the nation to realize a middle level industrialized economy by the year 2030. For the youths to effectively contribute to this agenda they need to be economically empowered to harness their creativity and innovation to foster entrepreneurial development. Consequently, the government of Kenya established Youth Enterprise Development Fund (YEDF) with an objective of providing capital for the youths to start micro enterprises. Unfor...
Abstract Manufacturing firms are the single greatest contributors to industrialization and economic development. In Kenya, manufacturing firms contribute 14% of gross domestic product, train and employ 30% of the workforce, and develop the country’s industrial infrastructure. However, the sector has experienced sustained poor total factor productivity and waning competitiveness in both domestic and global markets. Manufacturing operations seem to lack the input of entrepreneurial managemen...
Abstract Financial inclusion has been found to play a critical role in poverty and unemployment reduction through household investments. This has seen countries put concerted efforts towards enhancing financial inclusion with the main objective of reducing poverty and unemployment. Kenya has also put efforts and has seen notable levels of increase of financial inclusion. Majority of the citizens can now access wide range of financial services. Contrary to high levels of financial inclusion i...
Abstract In the wake sustainability agendas that lead to green growth in the developing countries, the focus has been in the practice and accounting for Social, Environmental and Economic (SEE) activities by both processing and manufacturing organizations. Organizations practice social responsibilities with the view of reaping long term returns or merely complying with regulations, information which is obtained from their annual reports via various media. These reports however, in the purvie...
Abstract Sustainable procurement isn’t simply about being “green” but it’s also about; socially and ethically responsible purchasing, minimizing environmental impact through the supply chain, delivering economically sound solutions and good business practice. Sustainable procurement is rising on the policy agenda for many countries but knowledge remains limited. In Kenya, the government has put in place a wide range of policy, institutional and legislative to govern all business acti...
Abstract This paper considered the effects of credit policy on profitability of manufacturing firms in Kenya. The study looked at the elements that constitute the credit policy; credit terms, collection efforts, credit period and credit standards. A descriptive research design was used to collect the data from the field and a stratified random sampling technique was used to come up with a sample of 81 manufacturing firms. A questionnaire was used to collect data from 81 manufacturing firms i...
Abstract Based on a panel data of 19 Sub Saharan countries for the years 1982-2000, this study explores the determinants of economic growth in the region. Given that economic growth is essentially seen as a dynamic phenomenon, the study employs the Generalized Method of Moments (GMM) to account for the factors that influence the growth of economies in the region. The study results indicate that physical capital formation, a vibrant export sector and human capital formation significantly cont...
Abstract By having an effective organizational information security culture where employees intuitively protect corporate information assets, SMEs could improve information security. Research has also identified information security awareness and training as important parts of information security and stated that increasing awareness of security issues is the most cost effective control that a firm can implement. SMEs have the capacity to achieve rapid economic growth. In Kenya they employ a...
Abstract Micro and Small Enterprises cut across all sectors of the economy, providing a prolific source of employment, income and government revenue and contributes to poverty reduction. The sector comprises 75% of all businesses in the country, employs more than 4.6 million people (30%) and accounts for 18.4% of the country’s GDP 2014. However, two-thirds of micro and small enterprises fail within the first few months of operation. Further, small and micro manufacturing industries due to ...