Samson Nyang’au
Jomo Kenyatta University of Agriculture and Technology (JKUAT), Kenya

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Insurance Product Innovation as an Entrepreneurial Innovation and Its Role In The Performance of Insurance Brokerage Firms in Kenya Gerald Kariithi Mira; Karanja Ngugi; Samson Nyang’au
Journal Integration of Management Studies Vol. 2 No. 2 (2024)
Publisher : Integrasi Sains Media

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58229/jims.v2i2.257

Abstract

This study examines the influence of insurance product innovation on the performance of insurance brokerage firms in Kenya, anchored in the Schumpeterian innovation theory. The research employs a descriptive design, targeting a population of 216 insurance brokerage firms, with managers acting as the primary respondents. A census approach is adopted to ensure comprehensive data collection, surveying all firms within the population. Data collection uses a structured questionnaire administered through a drop-and-pick method to enhance response rates. The study's analysis incorporates both quantitative and qualitative methodologies. Quantitative data analysis is performed using SPSS software, which facilitates the execution of descriptive statistics, such as percentages, frequencies, means, standard deviations, and Z-scores. Additionally, inferential statistics are employed to explore the relationships between variables, utilizing tools like ANOVA, R-squared (R²), regression coefficients, and P-values to test the hypotheses. In parallel, qualitative data derived from open-ended questions are analyzed using content analysis, enabling the identification of key themes and patterns. The combined use of these analytical approaches is expected to yield a comprehensive understanding of how product innovation impacts the performance of insurance brokerage firms in Kenya. The findings are anticipated to offer valuable insights for academics and practitioners, particularly in understanding the role of innovation in enhancing the competitive advantage and overall performance of firms within the insurance brokerage industry.
Inventory Visibility and Performance of Large Food and Beverage Manufacturing Firms in Kenya Douglas Isaaka Mose; Anthony Osoro; Samson Nyang’au
Journal Integration of Management Studies Vol. 2 No. 2 (2024)
Publisher : Integrasi Sains Media

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58229/jims.v2i2.267

Abstract

This study aimed to examine the impact of inventory visibility on the performance of large food and beverage manufacturing firms in Kenya. The research grounded the network perspective theory and employed a cross-sectional design. The target population comprised 561 individuals from 187 large-scale food and beverage manufacturing firms in Kenya, with human resource managers as the primary respondents, given their role as custodians of employee records. Using stratified random sampling, a sample of 228 respondents was selected. Data was collected through a structured questionnaire and pilot-tested on 10% of the sample to verify its validity and reliability before full deployment. Data analysis involved both descriptive and inferential statistical methods. The findings indicated that inventory visibility had not been effectively integrated into most firms surveyed. Furthermore, a strong and significant correlation was identified between inventory visibility and the performance of food and beverage manufacturing firms in Kenya. The study concluded that the lack of effective integration of inventory visibility contributed to inefficient inventory management, adversely affecting organizational performance. Accordingly, it is recommended that manufacturing firms enhance their supply chain processes by improving inventory visibility, allowing for more effective tracking of inventory flows to support improved performance outcomes.