Browsing by Author "Dr Stanley Kavale"

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    STRATEGIC MANAGEMENT DETERMINANTS OF CORPORATE GROWTH IN SELECTED MICRO-FINANCE INSTITUTIONS IN KENYA
    (G.J.C.M.P, 2024-01-13) Dr Stanley Kavale; Fred Mugambi
    The main purpose of this study is to assess the strategic management determinants of corporate growth of Microfinance Institutions (MFIs) in Kenya. The specific objectives of the study will be; to assess the effects of grand strategy on the growth of MFIs in Kenya; to assess the effects of corporate vision on the growth of MFIs in Kenya; to establish the effects of cost leadership strategy on the growth of MFIs in Kenya; to evaluate the effects of product differentiation strategy on the growth of MFIs in Kenya; to establish the effects of pooling of strategic resources on the growth of MFIs in Kenya; and to assess the effects of strategic synergy on the growth of MFIs in Kenya. The depended variable is corporate growth which will be measured by corporate profitability, market share, entry of new customers, rate of loan recovery, branch network, number of employees, and social impact. The research scope will be the MFIs which have operations in Mombasa County and which are five years of age and above as at 31 st December, 2012 and their regulators (AMFI and CBK). Five years is a period enough to establish a stable growth pattern for MFIs. Descriptive and quantitative research designs will be employed. In a population of 57 firms, 32 will be studied. Both stratified sampling and purposive sampling methods will be used to identify the sample size. Stratified sampling method will assist in categorizing the population into four categories, and subsequently purposive sampling technique will then be engaged to assist the researcher to identify the sample MFIs with specific characteristics under study. The primary data collection instruments will be structured and semi structured questionnaires on strategic management determinants. Secondary data collection will involve data mining from company records. Pilot testing will be conducted in four MFIs in Mombasa CBD to test the data instruments. Cron-bach alpha tool will be employed in testing the data reliability and validity. If the calculated value will be 7.0 and above, the internal consistency will be strong, thus acceptable. Data Triangulation will be deployed to triangulate responses from the MFIs, the regulators and the data mined from company records. Data will be analyzed using SPSS version 20. The hypothesis will be tested using t-test at 95% confidence level. The Tobit Model will be deployed to estimate the final linear relationship between strategic management determinants and corporate growth. Data will be presented in tables, graphs and pie charts.
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    THE CONNECTION BETWEEN STRATEGY AND STRUCTURE
    (International Journal of Business and Commerce, 2024-04-17) Dr Stanley Kavale
    This is a study on structure, strategy, their connection and relationship. The objective was to identify the connection between structure and strategy, their relationship and their consequent influence on organizational performance. Five different cases have been identified which support Chanler’s (1962) proposition that ‘’Structure Follows Strategy’’. These cases are; a real life situation, Chandler’s case study, Safaricom case, Bharti Airtel case and the Kenya commercial bank case. With a good match and connection between structure and strategy, the result is high performance. A mismatch leads to under performance. This paper concludes that structure and strategy are closely related. Structure follows strategy; each is married to the other. This paper recommends that, top management should be ultimately involved from the beginning of strategy crafting and formulation, implementation and aligning it with the structure that follows the strategy.
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    THE ROLE OF DATA IN STRATEGIC DECISION MAKING PROCESS
    (2024-01-13) Dr Stanley Kavale
    This paper explores the role of data on the strategic decision making process. This is a desk top research study which looked at different studies done by researchers on the role of data and its role in strategic decision making. The main objective of this study is to establish the roles data play in strategic decision making. The strategic decision making process has also been identified and the theories underlying strategic decision making process have been explored. First it looked at the definition of data in relation to information and knowledge. Sources of data, both internal and external have been identified and theories of decision making; rational, incremental, political, constructive and factual approach illustrated. From the study, it is quite clear that data has very important roles in strategic decision making. This paper concludes that data plays the roles of; gaining competitive advantage, optimization of resources, cost reduction, value creation, accuracy and accountability and hedging uncertainty. Thus data brings efficiency and effectiveness in the strategic decision making process. This paper recommends that management in organizations should attach a lot of importance to data sourcing, analysis, interpretation and use to create competitive advantage. Further, data security should be enhanced because data is a key resource.