Challenges of Implementing Strategic Change at Faulu Kenya
Abstract
Most strategies remain as good ideas unless they are translated into organization. An
organization's strategic orientation is a complex function of many factors that are both
internal and external which interact with each other, creating an environment that is
characterized by uncertainty and casual ambiguity.The purpose of this research was to
identify the challenges of implementing strategic change at Faulu Kenya, as well as
determine measures put in place to mitigate the challenges of implementing strategic
change at Faulu Kenya. The study was conducted through a case study design. Collection
of primary data was done using an interview guide to COllect in-depth data from the
members of management across the departments. Data analysis was done using Content
Analysis. The report contains in-depth analysis and interpretation of the data concerning
the challenges of implementing strategic change and measures put in place to mitigate the
challenges of implementing strategic change at Faulu Kenya.The study found out that the
major challenges encountered by Faulu Kenya while implementing strategic change
include: high degree of staff turnover and resistance to change. Others included
inadequate resources and conflict among employees. Therefore microfinance institutions
should ensure that employees affected by the strategy are the core aspect in strategy
implementation focusing on the outcome and also ensure that the necessary resources are
available during strategy implementation. The study recoriunends that management
should work toward effective communication, efficient systems and the implementation
be a team effort.
Citation
Degree of Master of Business Administration (MBA), school of businesss, University of NairobiPublisher
University of Nairobi,