Challenges of Strategy Implementation at Kimisitu Sacco Ltd, Kenya
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Date
2013-11Author
Wanjiku, Joshua K
Type
ThesisLanguage
enMetadata
Show full item recordAbstract
The purpose of this study was to achieve two objectives namely to determine the
challenges of strategy implementation at Kimisitu Sacco, Kenya and to establish the
measures to deal with the strategy implementation challenges. This research was
conducted through a case study design and the data obtained was analyzed by way of
content analysis. The major findings were slow decision making, inadequate budgets, loss
of income, resistance to change, and communication, lack of commitment and
involvements, human capacity inadequacies, inadequate allocation of time during
strategy implementation reviews among others were major obstacles to successful
strategy implementation at Kimisitu Sacco. In conclusion if the Sacco implements the
proposed measures to deal with strategy implementation challenges, the Sacco will
experience a robust growth and will enable her to achieve all the set strategic objectives
at the end of the strategic plan period. To effectively implement strategy the study
recommends the Sacco to involve all stakeholders in budgeting, strategy formulation and
implementation, adequate allocation of resources, adequate time allocation during the
periodic strategy implementation reviews, better communication systems, diversification
of products and membership base among others.
Citation
Master Of Business Administration, University Of Nairobi , 2013Publisher
University of Nairobi, School of Business