A survey of the relationship between strategic planning and performance in the textile manufacturing firms in Kenya.
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Date
2006-09Author
Musei, Caroline M
Type
ThesisLanguage
enMetadata
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This was a survey on the relationship between strategic planning and performance in
the textile-manufacturing firms in Kenya. The study was carried out in all the textile manufacturing
companies in Kenya. The data collection instrument was a questionnaire.
From the findings of this study, it is evident that the organizations in the textile industry
rely heavily on strategic planning to survive. It is also evident that there are three types of
firms in the industry: those that are declining in performance, those that are improving in
performance and those that are stagnating.
As implied by the findings of the study, there is a strong relationship between strategic
planning and company performance. Strategic planning was seen as playing a critical
role in the survival of the companies.
This study therefore concludes that in an industry, such as the textile manufacturing in
Kenya, where there has been a lot of external environmental turbulence, the companies
that improve in performance are those that adhere to formal strategic planning. Without
which, the result is decline and/or stagnation.
Citation
Masters thesis University of Nairobi (2006)Publisher
University of Nairobi. School of Business Studies
Description
Degree of Masters in Business Administration