• Strategic Planning And Organizational Productivity
    [NIGERIAN BOTTLING COMPANY PLC NGWO NINETH MILE ENUGU]

  • CHAPTER TWO -- [Total Page(s) 5]

    Page 3 of 5

    Previous   1 2 3 4 5    Next
    • options and variations are standardized. Mergers or acquisitions and many failures among competing firms occur because of over capacity. In the termination phase, product availability is reduced sharply and the product may even be eliminated altogether.
      ii.    Generic Strategic Model according to J ackson (1990:244) , comprises a framework of three basic strategies.
      a.    Differentiation strategies e mphasize competiting with all other firms in the industry by offering a product that customers perceive to be unique. The long term effectiveness of the differentiation strategy dep ends on how easily competitors can imitate the unique benefits provided by the firm . Approaches of differentiation strategies are innovative product des ign, high quality and unique br and image etc.
      b.    The second strategy of the generic strategic model acc ording to J ackson (1990:245) , is the cost leadership strategies which emphasize competing in the industry by providing a product at a price as low as or lower than the competitors’. Several essential actions are associated with type of strategy. These incl ude; utilizing facilities or equipm ent that yield high economies of scale, constantly striving to reduce per unit overhead and minimizing labour intensive personal services etc. High productivity or rapid growth is needed for profitability with cost leadership strategy.
      c.    The third strategy of the generic strategic model according to J ackson emphasizes competing in a specific industry niche by serving the unique needs of certain customers or a specific geographic market. A niche is a specialized group of customers
      e.g. teenagers or narrowly defined market segment that competitor may overlook, ignore or have difficult serving e.g. (a specific geographic area). Strategic actions associated with this type of strategy are adaptation of those associated with differentiation and cost leadership strategies but are applied to a specific market niche.
      2.6    STRATEGIC PLANNING PROCESS
      A simplified view of the strategic planning process according to QuickMBA (2009) in (www.google.com) is
      The Startegic Processes


      1.    Mission and Objective:
      The mission statement describes the company’s vision, including the unchanging values and the purpose of the firm and forward-look visionary goals that guide the pursu it of the future opportunities. Hellriege l (1990:232) states that organizational mission and goals are developed by answering questions such as: what business are we in? What are we committed to? and what results do we want to achieve?
      2.    Environmental S can
      Environmental        Scan    includes    the analysis    of    both    the internal    and    external    environment s.        Onwuchekwa        (2000:74) states that the environment in which an organization exists can therefore be described in terms of the strength s and weaknesses existing in the internal environment and the opportunities and threats    operating        in        the    external    environment.        Hellriegel (1990:235) defines internal environment as all factors within the organization that impacts strengths or cause weaknesses of a strategic        nature.    The    external    environment    includes    all        the factors outside the organization which provide opportunities or pose threats to the organization.
      Kazmi (2008:71) states that organization performs a SWOT analysis to under stand their internal and external environmen ts. SWOT, is the acronym for strengths, weaknesses, opportunities and threats.
      Strength is an inherent capacity which an organization can use    to    gain    strategic    advantage    e.g.    resources,    people    and experience. Weakness is an inherent limitation which creat es disadvantages e.g. financial deadline and over dependence etc.
  • CHAPTER TWO -- [Total Page(s) 5]

    Page 3 of 5

    Previous   1 2 3 4 5    Next
    • ABSRACT - [ Total Page(s): 1 ]ABSTRACTPoor productivity is a global problem that besets organizations. As a result, the research was set out to ascertain the effects of strategic planning through the effective use of manpower in the strategic planning development and the right choice of technology for strategic planning implementation on organizational productivity. To solve the problem of the study, three hypotheses were formulated. The statistical tools applied for testing the hypotheses are mean, standard deviation and T ... Continue reading---

         

      APPENDIX A - [ Total Page(s): 1 ]APPENDIX A SAMPLE OF INTRODUCTORY LETTER                                                                                                                                   Department of Business Administration,                                                                    Faculty of Management Scienc ... Continue reading---

         

      TABLE OF CONTENTS - [ Total Page(s): 1 ]TABLE OF CONTENTTitle page Approval page Certification  Dedication   Acknowledgment Abstract Table of ContentCHAPTER ONE:    INTRODUCTION                1.1    Background of the Study1.2    Theoretical Framework1.3    Statement of the Problem 1.4    Objectives of the Study 1.5    Research Questions1.6    Research Hyp otheses 1.7    Significance of the Study 1.8    Scope of the Study 1.9    Limitation of the StudyCHAPTER TWO:    LITERATURE REVIEW2.1 ... Continue reading---

         

      CHAPTER ONE - [ Total Page(s): 2 ]CHAPTER ONE :    INTRODUCTION1.1    BACKGROUND OF THE STUDYStrategies and Strategic planning in the context of business organization refer to major programmes used by organizations to achieve their missions and goals.Strategic planning is a systematic process which influences the choice of the long term goals that define the corporate strategy of every firms. The corporate strategy, if adequately implemented, through projects, policies and budgets, helps to determine whether an enterprise ... Continue reading---

         

      CHAPTER THREE - [ Total Page(s): 1 ]CHAPTER  THREE  – RESEARCH  DESIGN AND METHOD OLOGY3.1    INTRODUCTIONResearch design, which entails the acquisition and analysis of necessary data through the application of approved standard techniques, contains in details, the methods and procedures employed.The type of research design used was sur vey. The survey research design does not require laboratory experimentation.The design served as a plan, which helped the researcher to conduct an in-depth and thorough study.3.2    ... Continue reading---

         

      CHAPTER FOUR - [ Total Page(s): 6 ]Table 4.6 shows that 80 (62% ) of the respondents strongly agreed that strategic planning enhances productivity in their organization while 24 ( 18.6% ) of the respondents agreed. Only 10 (7.8% ) and 10 (7.8% ) of the respondents belonged to the undecided and disagreed category respectively while 5 (3.9% ) of the respondents strongly disagreed.Table 4.7 shows that 60 (46.5% ) of the respondents stron gly agreed that appropriate technologies d oes guarantee the implementation of strategic plannin ... Continue reading---

         

      CHAPTER FIVE - [ Total Page(s): 1 ]CHAPTER FIVE    – SUMMARY OF FINDINGS, CONCLUSIONAND RECOMMENDATION5.1    INTRODUCTIONThis chapter summarizes the findings from the study, draws conclusion therein and makes some recommendations.5.2    SUMMARY OF FINDINGSBased on the research investigation through the data collected from the questionnaires, the following findings were observed:I.    The introduction of strategic planning that is long range planning is highly necessary in organization. Table 4.4 supported this ... Continue reading---

         

      REFRENCES - [ Total Page(s): 1 ] REFERENCES Alkhafaji, A. F. (2004). Strategic management, formulation , implementation       and    control          in       a        dynamic       environment . Binghamton (NY): Haworth Press Inc. Drejer A. (2002). Strategic management and core competencies, theory and application . Westport (CT): Quorum Books. Dwivedi, R.S. (1980). Manpower management . New Delhi: Prentice Hall of India. Ewurum , U. and Unamk a, P. (1995). Busin ... Continue reading---