ABSTRACT The financial system in Kenya has seen tremendous growth over the years. This growth has spurred growth in all the other sectors in the economy enabling Kenya’s economy to emerge as East Africa’s largest economy. The growth in the financial sector has been driven by the innovation and dynamism of the banking sector. As compared to the other banks in the region, Kenya’s banking sector shows significant depth, diversity, and sophistication. Despite the impressive growth, dynamism...
xii ABSTRACT Strategic planning is important for strategic management of organization as the success of the organization is dependent on external environment and how it aligns its resources internally to exploit opportunities and cover its weaknesses. The study aimed to investigate the effects of strategic planning on organizational performance. The main objective was to specifically establish the effects of strategic planning on strategic implementation, evaluation, work environment and mana...
ABSTRACT Quality in servicing customers is an important marketing construct for banks. In today's turbulent economic environment service quality is an invaluable asset that banks should manage in order to survive and gain a competitive advantage. Despite the realization of the importance of service quality in the banking sector, there is still evidence of challenges on quality of the service which leads to customer satisfaction. Implementation of balanced score card perspectives can help...
ABSTRACT Youth empowerment is vital for any nation. Most Kenyan youths aspire to get white-collar jobs after completing education in order to build self and the nation. To most, achieving their career goals after the 8-4-4 education system is the most critical thing hence they will not settle for anything less than what they have trained for. The Government of Kenya has made efforts over the years to empower the youth by coming up with policies that enable the youth to venture in education as...
ABSTRACT As the rate of economic growth increases, organizations become more complex. People, processes, rules, strategies, and basic units become more involving. Therefore, change in style and procedures of organizational management are inevitable. In Kenya, there are several reforms in governance and management of public institutions, parastatals and Government Owned Entities (GOEs). However, not all reform initiatives have proved efficient and effective for the public organizations in pu...
ABSTRACT Of recent, advances in electronic communications have played an increasing role in changing the microstructure of financial markets. Many stock exchanges across the world are gradually replacing their traditional physically convened markets with electronic markets. For securities markets to contribute to wealth maximization objective of investors and economic growth, they need to be efficient in terms of securities’ price discovery process. The Nairobi Securities Exchange (NSE) ...
ABSTRACT Women-owned enterprises have been recognized as an important driver of innovation, employment, productivity, and economic growth. Women owned-enterprises in Kitui County have not performed well over the years. This is attributed to numerous barriers to women-owned enterprises including access to credit, networks, training, and information as well as policy and legal constraints. The purpose of the study was to investigate the relationship between access to credit and success of women...
ABSTRACT In fast-moving corporate environments open to global competition and characterized by dispersion in the geographical and industrial firms sources of innovation. High cost of inputs, as a result of poor infrastructure and high cost of doing business, prices of locally manufactured products are relatively high. This limits their competitiveness in regional markets and also negatively impacts on capacity utilization. NMC Company is facing a slowdown in production, leading to cancellatio...
ABSTRACT Savings and credit cooperatives societies in Kenya are set up to pool finances of members and support them with credit for their development. Even though they play a significant role in cooperative sector, they are faced with a problem of variability in financial performance which has made it challenging for them to expand their wealth and make significant contribution to National Domestic Savings. Literature suggests that firm characteristics determine their performance, but it is n...
ABSTRACT The purpose of this paper was to investigate the effect of monetary policies on the lending behaviour of commercial banks in Kenya. Previously the government did not develop monetary policies but instead gained their legitimacy by acting as lenders of last resort (through the CBK) in the midst of financial crises. Today there is considerable debate surrounding the effects of monetary policies with the emergence of active foreign trading and the need to formulate policies which will s...
ABSTRACT Income generating activities are crucial for promoting initiative, responsibility and self-sustenance. Despite all the proper structure in place such as good leadership, training, financial management and monitoring and evaluation it is quite worrying that youth with disabilities projects are still collapsing thereby not achieving their intended objectives. The aim of the study was to assess the influence of post-implementation management practices on sustainability of income generat...
ABSTRACT Financial distress refers to a condition in which an organization experiences difficulties in meeting its financial obligations as they fall due. A company under financial distress can incur costs related to the situation, such as high cost of financing, opportunity costs of projects, less productive employees, etc. Employees of a distressed firm usually have lower morale and higher stress caused by the increased chance of bankruptcy, which could force them out of their jobs. Some of...
ABSTRACT The general objective of this study was to investigate the role played by CDF in funding public secondary schools' physical projects within Lugari Constituency. Specific objectives of the study were: to determine the effect ofCDF funding on physical projects in public secondary schools; to establish the role of the school administrators on CDF funded physical facilities in the public secondary schools; and to establish the challenges facing the effective implementation of the CDF fun...
ABSTRACT County governments in Kenya are working on achieving maximum quality possible both on the services and products offered. As a result all the Counties have opted for the adoption of Total Quality Management. Despite the widespread use of Total Quality Management still most of the Counties have not achieved the expected performance. However it is not clear why this undesirable situation persists. Therefore, this study investigated the influence of total quality management practices on ...
ABSTRACT The Telecommunications industry in Kenya is full of competition. The companies currently present include Safaricom Kenya Limited, Airtel Networks Kenya Limited, Telkom Kenya Limited (Orange), Essar Telcom Kenya (YU) and lately, Equity Bank Limited with the Equitel money. This study sought to evaluate the determinants of competitive advantage for firms within the Telecommunications industry in Kenya. The objectives of the study were to find out the effect of innovation on competitive ...