Role of Performance Monitoring and Reporting On Strategy Implementation in Commercial State Corporations in Kenya (original) (raw)
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Role of Performance Planning On Strategy Implementation in Commercial State Corporations in Kenya
IOSR Journal of Business and Management, 2017
The purpose of this study was to look at the role of performance contracting in strategy implementation in commercial state corporations in Kenya. Strategy development and execution is key in enhancing organizational competitiveness. Among the strategy implementation tools, performance contracting plays a key role in engaging organizational staff. Problems in performance contracting and strategy implementation in state corporations led the researcher to formulating a research problem which guided the research process. The results will be used to solve strategy implementation problems thus improving performance. The general objective of this study was to analyse the role of performance contracting in strategy implementation in commercial state corporations in Kenya. The study used descriptive research design. The strategy implementation (dependent) variable was measured by Resource allocation and deployment; and the Performance Contracting (Independent) variables include Performance Target Setting, Performance Planning, and Performance Monitoring and Reporting. The study was based on the Resource Based theory and the Goal Setting theory. The target population for this study was the 32 Commercial State Corporations in Kenya as listed in the State Corporations Advisory Committee (SCAC) website (2016). Primary data was collected using structured questionnaires. The data was analyzed using descriptive statistics; correlation and regression analysis was computed to determine the degree of association between performance contracting and strategy implementation. The study established that Performance planning have a significant influence on strategy implementation. The study contribute significantly to new knowledge, in policy formulation, effective implementation of the Kenya Vision 2030, effective implementation of strategy using performance contracting, enhanced service delivery by the state corporations, and general performance of State Corporations in fulfillment of their mandates.
2015
Strategy implementation has been established to influence organizational performance. However, its influence on organizational performance could be subject to a number of other variables including performance contracting. The mutually agreed contracts through negotiations between principals and agents are conventionally used with the purpose of enhancing implementation of strategy. This study therefore sought toinvestigate the effects of performance contracting on the relationship between strategy implementation and performance of Kenyan state corporations. The results showed that performance contracting significantly moderated the relationship between strategy implementation and performance. Markedly, this moderating effect was negative which was conspicuously unconventional. It is most likely, from the findings, that there exists a disconnect between performance contracting and strategy implementation in Kenyan state corporations. The study further observed that although performance contracting was established to operationalize strategy implementation, it seems the process has acquired a trajectory of it's on. The study recommends a relook at the process to ensure a linkage between performance contracting and strategy implementation to ensure better performance of Kenyan state corporations.
The effect of strategy implementation on performance of Kenya state corporations
2015
Strategy implementation has been established to influence organizational performance. The main objective of the study was to establish the influence of strategy implementation on performance of Kenyan State corporations. The study's population consisted of 108 Kenyan state corporations and data was collected from 98 organizations. Data was collected using structured questionnaires collated, cleaned, sorted, edited, analyzed and interpreted based on correlation and multivariate regression analysis. It was established that strategy implementation had a statistically significant influence on all the indicators of performance as used in the study. The results anchor in literature the importance of strategy implementation in influencing performance of state corporations. The study has also made its unique contribution to policy formulation and managerial practice in Kenyan state corporations.
Influence of Strategy Formulation on Performance of State Corporations in Kenya
Strategic Journal of Business & Change Management, 2020
The main objective of this study was to establish the influence of strategy formulation on performance of State Corporations in Kenya. This was supported by four specific objectives derived from operationalization of strategy formulation. Target population comprised of managers of 187 State Corporations. A sample of 77 managers was picked. Primary data was collected by using questionnaires. Descriptive statistics was used in preliminary analysis of data. Inferential statistics was used to establish predictive equation and tests its combined and individual significance. Results revealed that in terms of leadership, top management makes decisions in consultation with employees and there is delegation of authority and responsibility. It was revealed that in terms of mission and vision the organization possessed a formal mission to pursue its objectives and also organization focused on what really matters to the stakeholders. Firm resources indicated that firm are a learning organizatio...
International Journal of Research In Business and Social Science, 2021
This study sought to determine the link between Performance Contracting and implementation of strategic objectives in Kenyan Public Universities. The main objective was to establish the extent of utilization of the Performance Contract (PC) as a tool for implementation for strategic objectives in Kenyan public universities. The study was anchored on the Balanced Score Card theory and used a combination of descriptive survey research design and correlation research design. The target population for this study included thirty-one (31) public universities in Kenya; a sample of 62 respondents was drawn from senior management and officers in charge of PC and strategy implementation in each University as well as 10 key informants from the Ministry of Education and the Public Service Performance Management and Coordination Office. Primary data was collected using structured questionnaires. The data were analyzed using descriptive statistics; correlation and regression analysis was computed to determine the degree of association between the performance of Kenyan public universities in performance contracting and implementation of their strategic objectives. Methodological triangulation and pilot testing were adopted to test for validity while Cronbach Alpha reliability Correlation Coefficient was used to test the reliability of the data. The study established that utilization of Performance Contracts contributes to 74.2% of the changes in strategy implementation in Public Universities in Kenya. It recommends that the universities should focus on the PC as a tool to enhance strategy implementation, allocate more funds for strategy implementation and improve their financial standing by engaging in more income-generating activities.
2012
The objective of this study was to analyze factors influencing implementation of performance contracting in state corporations in Kenya with special reference to Kenya Civil Aviation Authority. Descriptive research design was employed in the study. The target population was all the employees of Kenya Civil Aviation Authority that have signed Performance Contracts between the period 2008/09 to 2011/12. The data was analyzed using descriptive statistics with the help of the statistical package for social sciences (SPSS). The results were then presented in tables and charts. The study concludes that targets are mutually agreed upon and those targets are in line with the organizations objectives. There are high motivational rewards for good performance. In addition, the study concludes that Performance measurements are used to evaluate, control and improve operations process in order to ensure that the organization achieves its goals and objectives. The study concludes that the organiza...
2017
Purpose: The purpose of this study was to investigate the influence of performance management practices on performance contracting outcomes in the Ministry of Education, Science and TechnologyMethodology: The study employed a descriptive case study research design. The target population consisted of all the 600 employees in all cadres of members of staff in the Ministry of Education, Science and Technology that were based in the headquarters. In this study, a sample of 15% of the total population was used. Primary data was collected using structured questionnaires. Data analysis was conducted using statistical package for social sciences (SPSS) computer software.Results: The study findings revealed that staff development, work planning, strategic planning and financial resource allocation had positive and significant effects on performance contracting outcomes in the ministry.Unique contribution to theory, practice and policy: It was recommended that the ministry had to undertake qu...
2017
Information communication and Technology KCC Kenya Cooperative Creameries KDB Kenya Dairy Board KIPPRA Kenya Institute for Public Policy Research and Analysis MDAs Ministries, Department and Agencies RBMT Result Based Management Theory SPSS Statistical Package for Social Sciences TBL Triple Bottom Line x OPERATIONAL DEFINITION OF TERMS Strategy A method or plan chosen to bring about a desired future, such as achievement of a goal or solution to a problem Implementation This refers to as the carrying out, execution, or practice of a plan, a method, or any design for doing something. Performance Contracting Contractual agreement process to execute a service according to agreed-upon terms, within a fixed time period and with a stipulated use of resources and performance standards Organizational Structure Refers to a system used to define a hierarchy within an organization. It identifies each job, its function and where it reports to within the organization Financial Resource Refers to the money available to a business for spending in the form of cash, liquid securities and credit lines Organizational Norm Refers to the acceptable standard of behavior within an organization Communication Two-way process of reaching mutual understanding, in which participants not only exchange (encode-decode) information, news, ideas and feelings but also create and share meaning State Corporation A legal entity that is created by the government in order to partake in activities on the government's behalf.