Analysis of Influence of Strategic Planning Practices on Organization Performance: A Case of Baringo County Government, Kenya
- November 17, 2021
- Posted by: rsispostadmin
- Category: IJRSI
International Journal of Research and Scientific Innovation (IJRSI) | Volume VIII, Issue X, October 2021 | ISSN 2321–2705
Valerie Kemboi1*, Sedina Misango2
1P.O. Box 25666, 00100, Nairobi
2South Eastern Kenya University, P.O Box 170, 90200, Kitui
*corresponding author
Abstract: Ever since the advent of globalization, the interest in strategic management studies has attracted the attention of academic scholars as well as business practitioners. Organizations have continued to realize the vital role played by strategic planning towards the realization of its goals and objectives. This study set out to answer the question: what is the effect of strategic planning practices on organization performance in Kenya. Data was analyzed and presented using methods of dispersion statistics such as means, frequencies, percentages and standard deviations and regression analysis was also used to determine the relationship of the variables. The findings of the study revealed that fundraising was the main form of resource mobilization in Baringo County Government and further that financial resources were the highly allocated resources and that there was a significant positive relationship between resource mobilization strategies, resource allocation strategies and organization performance at the county government. Leadership strategies on organization performance were applied using a policy formulation. Risk management on organization performance; used risk control strategy in the County Government of Baringo. The study, therefore, concluded that resource mobilization on organization performance through fundraising is an important way of resource mobilization. Further, that resource allocation on organization performance through financial resources is important and as well as resource allocation through policy formulations. This study recommends that Baringo County Government should continue to practice and strengthen strategic planning practices for enhanced effectiveness as well as improved organizational performance and the practices would be adopted in all other counties of Kenya where they are not practiced.
Key Words: Resource Mobilization, Resource Allocation, Leadership Strategies, Risk Management.
I. INTRODUCTION AND BACKGROUND OF THE STUDY
Strategic planning has different uses which vary from definition of purpose, objectives and, goals to very wide ones which include those that deal with the means for achieving given objectives. From the organization’s business perspective, strategic planning comprises of the main programs used by the organization to fulfill its mission, objectives and goals. Strategic planning is considered a well-organized process that influences the
