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Strategy Formulation and Performance Of Saccos A Lyamujungu Sacco In Kabale District South Western Uganda Agaba Moses; Turtasingura John Bosco
Asean International Journal of Business Vol. 2 No. 2 (2023)
Publisher : Asosiasi Dosen Peneliti Ilmu Ekonomi dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54099/aijb.v2i2.647

Abstract

The purpose of the study was to determine how strategic formulation affected Lyamujungu SACCO's organizational performance. A correctional sectional research design was used for the investigation. The study was able to analyze the link between the study variables since it used both quantitative and qualitative methodologies.  Simple random selection and purposive sampling methods were used to choose a sample of 105 respondents. Using thematic analysis and SPSS Version 21.0, the respondents' quantitative and qualitative data were examined. Based on the study's objectives, quantitative findings in the form of descriptive statistics, correlations, and regressions were provided in tables. The study discovered that the development of a plan had a substantial positive association with SACCO organizational performance (r =.785, P .01). With these results, the study makes a contribution by channeling the currently fervent conversation surrounding concerns of strategic formulation and organizational performance in Lyamujungu SACCO by offering empirical evidence that has been mostly absent. The study advises management to collaborate with Board members and all other stakeholders to implement the resolutions of both the Board meeting and the Annual General Meeting in order for Lyamujungu SACCO to develop effective strategies.  
Strategic Planning and Business Sustainability of SMEs in Kigezi Sub-Region Uganda Turtasingura John Bosco; Agaba Moses; Kabagabe Jesse David
Husnayain Business Review Vol. 3 No. 2 (2023)
Publisher : Asosiasi Dosen Peneliti Ilmu Ekonomi dan Bisnis Indonesia (ADPEBI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54099/hbr.v3i2.726

Abstract

This study looked at how strategic planning affected business sustainability of small and medium-sized businesses in Uganda. A Kigezi sub-regional case. Utilizing a correctional sectional study design, the investigation was conducted. The study's use of both quantitative and qualitative approaches allowed it to evaluate the relationship between the factors it was examining. A sample of 105 respondents was selected using simple random selection and purposive sampling techniques. The quantitative and qualitative data from the respondents were analyzed using SPSS Version 23.0 and theme analysis, respectively. Tables providing quantitative results in the form of descriptive statistics, correlations, and regressions were presented based on the study's goals. The study found a significant association between strategic planning and the long-term viability of SMEs' businesses (r =.789, P.01). The research's findings and analyses indicate a strong relationship between strategic planning and SMEs' ability to remain competitive in the Kigezi sub-region. According to the study, the majority of respondents said that long-term success for SMEs was strongly impacted by strategic planning. According to the study, SMEs should focus on strategic planning for business longevity if they want to successfully continue their businesses.