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Effect of Structural Alignment on Performance of Selected Micro Finance Institutions in Meru County, Kenya Gatwiri, Linet; Obuba, Robert
International Journal of Business, Economics, and Social Development Vol 5, No 3 (2024)
Publisher : Research Collaboration Community (RCC)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijbesd.v5i3.659

Abstract

One of the most significant challenges affecting the financial sector pertains to issues such as loan non-repayment, a weak legal framework, and ineffective strategies for lender recourse and bad debt recovery. This has particularly impacted microfinance institutions, leading to Non-Performing Loans (NPLs) that diminish profits through credit losses and direct write-offs for loans turning into bad debts, ultimately reducing the funds available for lending. These challenges have posed a serious threat to the stability and survival of some Microfinance institutions in Kenya. Recognizing this gap, the research delved into exploring the effect of structural alignment on the performance of selected microfinance institutions in Meru County Kenya. Employing a descriptive research design, the study targeted 530 individuals comprising of Senior Managers, Tellers/Field Officers, and Customers of the ten selected Microfinance institutions within Meru County. Using Cochran (1977) formula as adopted by Chaokromthong and Sintao (2021) the study came up with a sample size of 223 respondents who were selected randomly to participate in the survey. Primary data was collected using questionnaires, and the semi-structured instrument was pilot-tested by 20 staff from Key Microfinance. The questionnaires were delivered to the respondents' workplaces and subsequently collected for analysis, which involved both descriptive and inferential statistical methods. The study's findings were presented through tables, figures, and qualitative discussions for analysis.
Effect of Structural Alignment on Performance of Selected Micro Finance Institutions in Meru County, Kenya Gatwiri, Linet; Obuba, Robert
International Journal of Business, Economics, and Social Development Vol. 5 No. 3 (2024)
Publisher : Rescollacom (Research Collaborations Community)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijbesd.v5i3.659

Abstract

One of the most significant challenges affecting the financial sector pertains to issues such as loan non-repayment, a weak legal framework, and ineffective strategies for lender recourse and bad debt recovery. This has particularly impacted microfinance institutions, leading to Non-Performing Loans (NPLs) that diminish profits through credit losses and direct write-offs for loans turning into bad debts, ultimately reducing the funds available for lending. These challenges have posed a serious threat to the stability and survival of some Microfinance institutions in Kenya. Recognizing this gap, the research delved into exploring the effect of structural alignment on the performance of selected microfinance institutions in Meru County Kenya. Employing a descriptive research design, the study targeted 530 individuals comprising of Senior Managers, Tellers/Field Officers, and Customers of the ten selected Microfinance institutions within Meru County. Using Cochran (1977) formula as adopted by Chaokromthong and Sintao (2021) the study came up with a sample size of 223 respondents who were selected randomly to participate in the survey. Primary data was collected using questionnaires, and the semi-structured instrument was pilot-tested by 20 staff from Key Microfinance. The questionnaires were delivered to the respondents' workplaces and subsequently collected for analysis, which involved both descriptive and inferential statistical methods. The study's findings were presented through tables, figures, and qualitative discussions for analysis.
Effects of Functional Strategies on Service Delivery in Meru County Government, Kenya Murithi, Olivia Gakii; Obuba, Robert
International Journal of Business, Economics, and Social Development Vol. 5 No. 2 (2024)
Publisher : Rescollacom (Research Collaborations Community)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijbesd.v5i2.663

Abstract

The Meru County government had devised functional strategies; however, their execution had been lacking, resulting in unsatisfactory service delivery. Moreover, funds in Meru County had been redirected to unauthorized expenditures, with the government unable to provide documentation for a spending amounting to Sh209 million in the 2021/2022 fiscal year. Challenges faced by the County government extended to limited financial resources and instances of fund misappropriation. The study aimed to explore the effects of functional strategies on service delivery in Meru County Government. The theoretical foundation of the study incorporated ideas from Strategic Fit Theory. To carry out the research, an explanatory research design was employed. Both primary and secondary data was utilized, with primary data collected through the use of semi-structured questionnaires. A pilot test was carried out in the Embu County government to reveal the reliability and validity of the research instrument. Qualitative data analysis employed thematic analysis, presenting the results in a narrative format. For quantitative data, both descriptive and inferential statistics were utilized. Descriptive statistics encompassed frequency distribution, mean (indicating central tendency), standard deviation (measuring dispersion), and percentages. Inferential statistics involved Pearson correlation analysis and multivariate regression analysis. The study found that Functional strategies account for 83.0% of the performance in Meru County Government. The study recommends that county governments should develop policies to ensure effective control of county activities and enhance staff supervision across various departments.
Effect of Strategic Leadership on Competitive Advantage of Animal Feeds Manufacturing Firms in Upper Eastern and Central Kenya Kairira, Peter Mwika; Obuba, Robert
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 7 No 4 (2024): July 2024
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v7i4.2752

Abstract

Purpose: Over time, enhancing a company's performance had mainly involved securing a competitive position compared to industry peers. A competitive advantage results in improved performance by cultivating greater customer loyalty, heightened satisfaction, improved financial outcomes, and a larger market share. As a result, organizations were increasingly working to strategically position themselves within their industries to surpass competitors. Despite implementing various strategic changes to maintain a competitive edge, companies in the animal feed manufacturing sector, including those in the central and upper east regions of Kenya, confront intense competition from both established and new players. This study aimed to evaluate the impact of strategic leadership on the competitive advantage of animal feed manufacturing firms in Upper Eastern and Central Kenya. Design/methodology/approach: The competitive advantage theory will provide insights into the research. Employing an explanatory research design, the study focused on 96 animal feed manufacturing firms in Central and Upper Eastern Kenya. The research adhered to ethical standards and principles, presenting the findings through charts and tables. Charts and tables were utilized to present the findings of the study. Findings: The conclusions drawn from the results suggest that the adoption of strategic leadership exhibits a constructive and considerable influence on competitive advantage within Animal feeds manufacturing firms in Central and Upper Eastern Kenya. The study advises animal feeds manufacturing firms to prioritize bolstering strategic leadership across managerial echelons, from mid-level managers to top executives, to ensure they grasp their responsibilities in fostering and preserving competitive advantage over the long haul. Paper type: Research paper