Employees are the most important resource in an organization. High performing organizations have remained focused on their employee feedback and thus, have achieved significant business results through enhanced levels of employee engagement. This implies that the organizational success is dependent on human resource and, attractive and competitive organizations constantly work towards increasing the value of their human resource through employee engagement strategies. Employee engagement is...
Kenya has experienced continuous exchange rate volatility since October 1993 when the fixed exchange rate regime was abolished and floatation of the Kenya shilling was introduced. The continuous volatility of exchange rate brings about increase in foreign exchange risk exposure which in turn leads to increase in transaction costs of companies. Higher transaction costs lower the expected earnings of companies which subsequently affect the market price of stocks hence, the value of companies an...
Kenya‟s insurance industry leads within the East Africa Community (the regional intergovernmental organization of the Republics of Kenya, Uganda, the United Republic of Tanzania, Republic of Rwanda and Republic of Burundi, with its headquarters in Arusha, Tanzania) and is a key player in the COMESA region. Despite this, the penetration of life insurance in Kenya has remained low at 0.94% of the GDP in 2009 and 1.05% of the GDP in 2010. This is considered to be very low compared to other cou...
Total Quality Management has advanced as an area of great interest to both researchers and practitioners. On a quarterly basis, the Government Press of Kenya, which is the largest of the four public printing firms in Kenya in this study, outputs an average of 10 million units of information products against a target of 12 million units. The top management has instituted quality management programmes in the public printing firms, including quality policies and they have appeared less comprehen...
In the face of major scandals leading to the collapse of large corporations, especially State owned ones, with disastrous social and economic consequences, the need for good corporate governance practices is increasingly taking center stage. The significance of good corporate governance hit world headlines in 2002, when major corporate failures occurred in United States (U.S). In Kenya, the question of corporate governance came up in 1990s in the advent of similar corporate scandals and misde...
Learning organization concept is learning with a much broader purpose commonly hailed as panacea for organizational success in a dynamic global economy. This focus on learning gives rise to a cognitive approach in which undivided beliefs and insights are viewed as critical influences on organizational effectiveness. This study sought to determine the effects of learning organization dimensions on the organizational performance of commercial banks within Ongata Rongai Township. The study was g...
Achieving a high and stable economic growth is one of the main objectives of any state but oil price fluctuations and its impact on inflation, exchange rate and on other macroeconomic variables may cause difficulties in attaining this goal. This study investigated empirically the channels through which oil price shocks affect economic activity in Kenya. Following existing literature, the study focused on five macroeconomic variables: real exchange rate, inflation, money supply, real GDP growt...
Improvement of road infrastructure was identified by the Kenyan Government in its Vision 2030 as one of the critical drivers of the country’s economic transformation. Whereas the Government has continued to invest heavily towards road construction, the challenge of delays in completion of road construction projects and cost overruns continue to hamper accelerated road improvement in the country. More than 50 percent of all road construction projects in Kenya are completed late with signific...
The role of multinationals in community development cannot be overemphasized. Corporate Social Responsibility (CSR) is an important aspect of integrating the community and the companies that are within a given community. It is fundamental that corporate take into consideration the needs of the community beyond the growth of their organizations. Governments in developing countries are faced with great challenge to provide fundamental services to the people and this has left gaps in the communi...
Commercial banks have pivotal role in economic development. They not only create wealth but also, the custodian of resources mobilization and allocation. Global business environment has amplified the need for effective corporate governance; this will not only maximize shareholders wealth but also minimize possibilities of financial distress. Corporate governance aids with the protection of investors’ interest against stakeholders and management exploitation. Board members have critical role...
Public participation in policy making has become entrenched in democratic principles of governance in Kenya. Policy formulation is very critical in legislation because it is the point at which various causes of action are prescribed towards certain challenges. This has hitherto been a preserve of the governing elite with the role of non-state actors now gaining prominence. Kenya enacted a constitution in 2010 of which public participation stands out, with all government activities required to...
This study aimed at determining the effects of Information and Communication Technology (ICT) on corporate strategy in selected SACCOs in Nyeri County. The study was motivated by the rising concerns at the pace at which SACCOs are embracing ICT. The process of integration is also haphazard and the use of ICT is rudimentary in the few SACCOs that have adopted ICT. The study was conducted in selected SACCOs within Nyeri County. This study was guided by four objectives which included determining...
Entrepreneurship is the backbone of economic stability among developed and developing countries of the world. Micro women enterprises have also contributed significantly in the creation of employment opportunities and alleviation of poverty. Despite the positive contributions of the women enterprises in the Gross National Product, quite a number of challenges are experienced during the inception and maturity stages of enterprise growth. It is on this background this study sought to establish ...
Work Life Balance is the working arrangements that make sure an employee balances between personal and work responsibilities. Poor Work Life Balance is a major risk that poses risks to the well-being of the employees, their performance, and organizational performance. Most of the employees often find it challenging to balance their social life and employment responsibilities. The study sought to examine the relationship between worklife-balance and performance of Kitui county government emplo...
Firewood is part of the emergency supplies given to refugees for domestic fuel needs in Kakuma Refugee Camp in Kenya’s remote North-West. However getting adequate supplies for the sprawling refugee camp has proved to be increasingly challenging and environmentally damaging. Solar cooking projects have been implemented as possible solutions but to date solar cooking adoption in refugee camps has been low. This study aimed to investigate influence of social determinants on uptake of solar coo...