Effects of Resource Allocation Management Strategy on Organizational Performance of Top Tier Commercial Banks in Nairobi County -Kenya (original) (raw)
Commercial banks, like any business organization, prioritize favorable performance as a primary objective. This study sought to establish the relationship between resource allocation and organizational performance of top tier commercial banks in Nairobi County, Kenya. This study was guided by resource-based view Theory and descriptive survey research design. The study population was 314 respondents. A total of 228 participants made up the study's sample size. The study used stratified and simple random sampling to identify the respondents. Descriptive statistical methods were used to analyze data and data was presented in form of tables and figures. Inferential statistics include regression analysis. The R-squared value of 0.409 suggests that 40.9% of the variance in organizational performance can be explained by resource allocation management strategy. From the results, organizational structure management strategy has a positive and significant effect on organizational performance of top tier commercial banks in Nairobi County, Kenya (β=0.596; p-value=0.000). The research concludes that resource allocation management strategy plays a positive and notable role in influencing the organizational performance of top-tier commercial banks in Nairobi County, Kenya. The results indicate that factors such as the adequacy of resources, timely allocation of resources, and resource allocation policies significantly impact the organizational performance of these banks in Nairobi County. The study recommends that the management of commercial banks should ensure the accessibility of human and financial resources. This could involve streamlining approval processes, providing employees with the necessary training and equipment, and investing in technology and infrastructure that supports innovation.
Related papers
Resource Allocation and Strategy Implementation in Commercial Banks Branches in Machakos Sub County
European Journal of Business and Strategic Management
Purpose: The implementation of strategies in Commercial Banks in Kenya has been experiencing numerous challenges and only 37% of the strategies are considered to be successfully implemented. Internal constraints during strategy implementation include poor resource allocation. The objective of this study was to establish the effect of resource allocation on strategy implementation in Commercial Banks Branches in Machakos Sub County. Methodology: Descriptive research design was used in this study. The target population of the study was 253 staff working in the top level management, middle level management and low level management in the fourteen Commercial Banks based in Machakos Sub County. Since the population of the top level management in the 14 branches is small, a census was utilized. The study adopted stratified and simple random sampling techniques in the selection of 30 per cent of staff in middle level management and low level management of each bank. The study utilized prim...
International Journal of Innovative Technologies in Social Science
The study sought to establish the influence of financial resources on the performance of agency banking in commercial banks in Kenya. The study reviewed previous studies done to support the research objectives from which the research gaps were extracted. The study used descriptive survey research design. The target population for this study was the 18 commercial banks in Kenya licensed by Central Bank of Kenya to operate agency banking. The branch managers, ICT managers, operations managers, human resource managers and customer relations managers were the key targets respondents in the study. Primary and secondary data was collected using questionnaires and checklist guide respectively. Inferential analysis was carried out to establish the relationship between the independent variables and the dependent variable. The study established that Financial Resources had a positive significant influence on the performance of agency banking among the commercial banks in Kenya. The financial ...
2015
Globally, information systems have been adopted in various sectors of the economy. The trend is more entrenched in developed countries. Developing countries have adopted information systems in a lukewarm manner. Almost every task can be computerized, thereby making it very easy to accomplish various jobs. Human resource information systems are used to make the various human resource management practices easy to accomplish and consequently saving on time and costs. The systems can be used in recruitment and selection, training and development, HR planning, reward management and in performance management to mention but a few. This study sought to establish whether there is a link between the use of information systems in human resource practices and ultimately firm performance. Specifically, this paper looks at the influence of HRIS on training and development. The performance of a firm was looked at in its entirety in the sense that a balanced score card was employed to view all mani...
Effects of Operational Strategies on Performance of Commercial Banks in Makueni County, Kenya
European Journal of Business and Strategic Management
Purpose: The purpose of this study was to determine the effect of operational strategies on the performance of commercial banks in Makueni County in respect to banking services. The specific objective of this study was to investigate the influence of debt recovery, promotional strategies, employee training, the quality of bank services and products on the performance of commercial banks in Makueni County. Methodology: The study used cross-descriptive research design and data was collected using a questionnaire. The target population of this study was bank employees with managerial roles and responsibilities; the bank managers and their assistants. The bank managers and their assistants were targeted because they are familiar and are actively involved in the development of operational strategies of commercial banks. Since the population was small census was used to select all the bank managers and their assistants to form a sample size of at least 130 study participants. The data col...
International journal of social sciences, 2013
Organization Design is concerned with the relationships and interconnectivity between people, work, formal structures, informal practices, and cultural behaviors, both internally and externally, it is about the way in which an organization manages and coordinates its human, administrative and operational resources to benefit from unique capabilities over the long-term. The business of banking and financial institutions in Kenya has been, and is still, going through a period of rapid and profound change, of which the development of new organization design is extremely important. Statistics from Central Banks of Kenya (CBK) show that the Banking sector has recorded a decline in performance in some banks as from 2011 with National Bank of Kenya announcing a profit decline of 17 percent in first-half posting a profit of 911.8 million shillings from the 1.1 billion shillings posted in year 2011. Studies by Kenya Bankers Association show that there is stiff competition faced by NBK from o...
Loading Preview
Sorry, preview is currently unavailable. You can download the paper by clicking the button above.