Maxwell Smith Ogbotor
Department of Accounting, Faculty of management Science Delta State University, Abraka Delta State, Nigeria

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

Analyzing the Impact of Financial Resources Management on Organizational Performance of Nigerian Manufacturing Sector Maxwell Smith Ogbotor
Journal of Accounting, Finance, and FinTech Advancements Vol. 1 No. 4 (2025): December
Publisher : CV. Proaksara Global Transeduka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70865/jaffa.v1i4.171

Abstract

The Nigerian manufacturing sector, despite its critical role in driving economic growth and development, continues to face persistent challenges including poor infrastructure and financial mismanagement that have contributed to its subpar performance and low employment contribution. This study explores the impact of financial resources management on organizational performance in Nigeria’s manufacturing sector, guided by the Resource-Based View (RBV) theory. Employing a qualitative research approach, secondary data was collected from reputable sources, including academic journals, industry reports, and government publications. Thematic analysis revealed that effective financial resource management is crucial for organizational performance, with key areas driving financial success including working capital management, capital structure management, and good governance. Research highlights the importance of balancing short-term assets and liabilities, managing cash flow, and optimizing funding to boost performance. Good governance promotes transparency, accountability, and effective management, positively impacting firm performance. The study concludes that adopting robust financial management strategies can enhance organizational performance, resilience, and investment capacity, ultimately driving business success and sustainability. The findings provide insights for Nigerian manufacturing firms to strengthen their financials, improve competitiveness, and build a sustainable future.
The Effectiveness of Performance Management Systems in Driving Employee Productivity Maxwell Smith Ogbotor; Mbagwu Ignatius Nwabudo
Review of Human Resources, Organizational Change, and Economic Impact Vol. 1 No. 3 (2025): July
Publisher : CV. Proaksara Global Transeduka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70865/rhrocei.v1i3.122

Abstract

This study explores the relationship between Performance Management Systems (PMS) and employee productivity, particularly in the context of diverse work environments, cultural differences, and varying legal landscapes. Effective PMS can enhance employee motivation, engagement, and productivity by providing clear goals, regular feedback, and opportunities for development. By implementing a well-designed PMS, organizations can stimulate managers to develop strategic plans, set ambitious targets, and closely monitor activities, ultimately promoting sustained value creation. The significance of performance management in enhancing employee productivity cannot be overstated. A people-centric approach to performance management focuses on developing and motivating employees to achieve desired goals, while an integrated and continuous approach enables organizations to measure and actively manage performance, and improve effectiveness. This inquiry employs Self-Determination Theory (SDT) as a conceptual lens to elucidate the intrinsic psychological requisites that animate workforce motivation and efficacy. SDT posits that individuals exhibit the highest degree of volition when they experience autonomy, proficiency, and connectedness within their occupational sphere. Through the infusion of SDT precepts, institutions may cultivate milieus that safeguard self-governance, nurture advancement and mastery, and engender collegial synergy, thereby sustaining motivation that is both enduring and self-propelled. The outcomes of this investigation are anticipated to enrich extant scholarship by delineating exemplary practices applicable across heterogeneous contexts, ultimately empowering organizations to unseal the latent reservoir of performance management and to attain heightened productivity, efficiency, and operational potency. Moreover, the findings will furnish discerning insights for enterprises endeavoring to refine their human capital and realize overarching strategic imperatives.