Strategic Change Management Practices and Organizational Growth of Savings and Credit Cooperatives in Nairobi City County, Kenya
Abstract
The study sought to establish the relationship between strategic change management practices and
organizational growth of SACCOs in Nairobi City County, Kenya. The step planned change theory
and dynamic capability theories underpinned the study. Empirical studies were reviewed to
identify gaps and inform the development of the conceptual framework. Descriptive survey
research design was adopted targeting 47 SACCOs registered by SASRA with operations in
Nairobi City County and census was used. Primary data was gathered as supported by the
questionnaire. The analysis was done using means and standard deviations as well as regression
and presented through tables. It was shown that strategic resource allocation exerted the greatest
positive and significant effect on the growth of SACCOs in Nairobi County (β=0.830, p<0.05 &
t>1.96) followed by technological adoption (β=0.391, p<0.05 & t>1.96) and lastly leadership
change (β=0.381, p<0.0 & t>1.96). The study concludes that strategic change management
practices were significant predictors of the growth of the SACCOs in Nairobi County, Kenya. The
study recommended that the human resource managers working in SACCOs in Kenya should
allocate adequate personnel towards execution of strategies. The finance managers working in the
SACCOs should seek and allocate adequate finances towards execution of strategies. The
information and communication technology manages working in SACCOs in Kenya should
enhance the existing technological infrastructures like ATMs and PesaLink systems in order to
enhance growth of their organizations. The top management managers working in SACCOs in
Nairobi County should allocate adequate resources towards execution of projects. The policy
makers working at SASRA should come up with sound policies that articulate and promote
strategic change in SACCOs. The policy makers working in SACCOs in Nairobi should formulate
sound policies in regard to strategic change management that would spur growth.
Publisher
University of Nairobi
Rights
Attribution-NonCommercial-NoDerivs 3.0 United StatesUsage Rights
http://creativecommons.org/licenses/by-nc-nd/3.0/us/Collections
- School of Business [1411]
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