Understanding organizational performance in the construction industry has become more critical due to the stiff competition in the market. This has necessitated the need for learning, invention, innovation, flexibility and how to manage change and knowledge in the construction industry are also some of the critical issues that necessitate attention to the organizational Performance in the construction industry today. There has been continued growth of the need for adoption strategic manageme...
Microfinance institutions in Kenya continue to put in a lot of effort to take microfinance services closer to the people and to MSMEs who do not have opportunities to access formal financial systems. Despite all these efforts, MSMEs have stagnated in terms of growth. It is in this respect this research investigated the contribution of microfinance services to the growth of MSMEs in Bungoma County. The main objective of this study was to determine the contribution of microfinance services to t...
While strategy is a practically central concern in contemporary management, its successful implementation remains an essential challenge for virtually any organization. In situations where the organization‟s environment is changing, the organization itself is faced with a need to change. The fact that local authorities in Kenya were in transition following promulgation of the new constitutional dispensation, required an appropriate background and detailed understanding on previous and exist...
The trading with derivatives has developed over a long period of time though the greatest impact has been felt over the last three decades. Derivatives markets have changed overtime from trading with the simple contracts to very advanced and exotic instruments. Though Kenya has been lagging behind in the derivative markets development, a lot of ground work has been put in place for the trading with legislature in place and the CMA putting up a department to oversee the development. Lack of su...
The performance of public universities in Kenya has been on the spotlight for several years now. Public universities have been faced with challenges of insufficient resources yet the number of students enrolled increases every year. These institutions have thus been accused of offering low quality of education leading to increased rates of unemployment among their graduates. To deal with these challenges, these institutions have implemented changes in their systems, processes and people. Whil...
Despite the existence of legal and institutional framework of internal auditing in Isiolo county government, there has been increasing trend of misappropriation of taxpayer money as pointed out in the Auditor General Audit reports. Although it is not documented to have a county with zero cases of misappropriation of public fund, the increasing trend of financial impropriety in Isiolo County over the past three years poses a great risk of the county government not achieving its objectives unle...
Corporate entrepreneurship has been regarded an important element of successful organizations since it has its consequences in increasing productivity, improving best practices, creating new industries, enhancing international competitiveness. Corporate entrepreneurial orientation plays a critical role in influencing bank performance in competitive market in Kenya. For instance, Kenya Commercial Bank Kenya Limited embraced corporate entrepreneurial approach and expanded with branches opened i...
To thrive in the dynamic business environment, business entities have to embrace change as it becomes due. Management of change ensures business survival and also plays a key role in keeping the competitive edge of organizations. In the backdrop of the numerous dynamic shifts characterizing the banking sector environment in Kenya, it is imperative for commercial banks to come up with a clear change management framework as change is often speedy and complex. The purpose of this study was to de...
Expanding the manufacturing sector is a major part of the government‟s Vision 2030 economic development plan to transform Kenya into a middle-income country by growing the manufacturing to account for 20% of GDP by 2030 which is nearly twice today‟s level, at 10.6%. Addressing some outstanding constraints in the manufacturing sector is the panacea of achieving the goals. The main objective of this study is to evaluate the effects of TQM practices on performance of manufacturing firms in N...
The strength of banking systems is key in the stimulation of economic growth and development, creation of employment, domestic and foreign investment and poverty reduction. The banking sector in Kenya has been earmarked as a core pillar for the realization of Vision 2030 of making Kenya a middle-income nation through the provision of financial services and promoting macro-economic stability. From 2013 to 2019, the default rate demonstrates a loan default increase in the Kenyan banking industr...
In the era of globalization, market economy, hyper competition and rapid changing environment the success of an organization depends on the strategies adopted to improve Quality Work life of employees. The general objective of this study is to establish the relationship between Quality Work Life and the performance of public health workers at Kenyatta National Hospital. The specific objectives include examining the role of work environment on employee‟s performance, determining the effect o...
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...
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...