Strategy Evaluation and Control at Ushuru Savings and Credit Cooperative Society Limited
Abstract
The business world is in the process of a global transformation. Mergers, acquisitions,
outsourcing and downsizing are becoming common word everywhere. International boundaries
are fading in importance as businesses take on a more global perspective (Stevens, 2000).
Strategic management takes a panoramic view of this changing business terrain and attempts to
show how large and small firms can be more effective and efficient not only in today's world but
tomorrow as well. Strategic management is the set of managerial decisions and action that
determines the way for the long-range performance of the company. It includes environmental
scanning, strategy formulation, strategy evaluation and control, evaluation and control. The
objectives of the study were to establish strategy evaluation and control practices at Ushuru
Sacco and determine the factors that influence strategy evaluation and control practices at
Ushuru sacco. The research was conducted through a case study method. A sample of six
persons from the top and middle management was interviewed in order to gain an insight into
what response strategies that this level of management applied in order to deal with the changing
the strategic evaluation and control system. Content analysis technique was used to analyze the
data. The study found that to ensure compliance with the strategy can go a long way in helping
the Sacco gain a competitive edge, help in defining the business of the Sacco and also help in
achieving right direction. The study finally concludes that initiatives are taken by management in
creating and sustaining a climate within the Sacco that motivates employees in their
implementation role with managers paying as much attention to planning the implementation of
their strategies as they give to formulating them. Since this study adopted the interview method
as the primary data collection method, the researcher suggests that a study be carried out using
other methods of primary and secondary data collection to see whether there will be difference in
the results.
Sponsorhip
University of NairobiPublisher
University of Nairobi, School of business