| dc.description.abstract | trategic management process is divided into three phases/segments, that is,
formulation, implementation and control. The main critical phase of strategic
management process is the implementation stage, (translating strategic thought into
organizational action). Strategy implementation is concerned with how the choices
will be put into effect and how to manage changes required in the process. Strategy
implementation therefore is a crucial phase because it unites the organization between
formulation and evaluation. The objective of this research was to establish the
challenges faced by Kenya Reinsurance Corporation in their strategic plan
implementation. To achieve this objective a case study research design was used. The
study was conducted by carrying out an in depth interview with the senior managers
of the company. The primary data was collected using interview guide which was
designed for the purpose of the interview. Content analysis method was used for
analysis. The respondents were senior managers who are heads of departments and
divisions in the Corporation. The chief executive of the corporation was also a
respondent. Reward system, departmental conflict and government policies and
bureaucracy seemed to have been the most challenging factors for Kenya Reinsurance
Corporation. Other challenges found across all the departments were competition,
external factors like world economy, double taxation and lack of staff commitment.
Other challenges identified include, historical injustice, political instability, language
barrier and inadequate resources. | en |
