Home Project-material STRATEGIC PLANNING AND ORGANIZATIONAL PRODUCTIVITY IN NIGERIAN BOTTLING COMPANY PLC NGWO NINETH MILE ENUGU

STRATEGIC PLANNING AND ORGANIZATIONAL PRODUCTIVITY IN NIGERIAN BOTTLING COMPANY PLC NGWO NINETH MILE ENUGU

Dept: BUSINESS ADMINISTRATION File: Word(doc) Chapters: 1-5 Views:

Abstract

Poor 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 Ttest. The major findings are the need for adopting a systematic strategic planning process, choosing the appropriate technologies for strategic planning implementation and engaging professionals / experts in the strategic planning development. The major recommendations employed the organizational management to scan the environment and evolve a systematic strategic plan that would checkmate the effects of the business environment, equip the organization with appropriate technologies for st
1.1 BACKGROUND OF THE STUDY

Strategies 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 achieves its objectives even if it

survives (Onwuchekwa, 2000: 66).

Since strategic planning is perceived as a mediating force

between the organization and its environment, it has become

highly imperative for business organizations to adopt it so as to

enhance their productivity.

For any business organization to operate in the present

turbulent environment as well as survive the swift competition

therein, adequate strategic planning is necessary. This will define

fundamental goals and objectives in specific terms and determine

the means to achieve them. Strategic planning can therefore be

12

said to have a strong influence on the survival and growth of an

organization, most especially in a volatile environment.

Since strategic planning aims at finding how a company or

organization competes successfully within its turbulent

environment, strategic planning is based on effective use of

manpower in the strategic planning development and choosing

appropriate technologies for effective implementation of the

strategic plans. This is necessary for the survival and growth of

organizations under competitive condition.

Considering the numerous challenges faced by business

organizations, strategic planning is designed to increase

productivity as well as ensure survival and growth.

It is against this background that this study is being carried

out.

1.2 THEORETICAL FRAMEWORK

The purpose of strategic or long range planning is to assist

the organization in establishing priorities and to better serve the

needs of the organization and the customers.

Strategic planning, if implemented properly, increases

organization’s effectiveness and productivity (Robison, 2003:204).

13

A strategic plan must be flexible, practical and serve as a guide

to implementing and evaluating programs and making

adjustments when necessary.

Strategic planning must follow a systematic process and its

implementation should depend on appropriate technology (Yip,

2002:200). Technology has come a long way in the life of every

organization. The rapid pace of technological change and

innovation has created a significant barrier to improving the

implementation of strategic plan. With the rapid pace of

innovation and technology, the identification and acquisition of

technology is highly necessary to achieve increased productivity

in the organization (Lee, 2001:750).

Human resource commitment towards strategic planning

makes strategic plans to be highly successful (Foster, 2001:151).

The staff recruited to the strategic planning team should come

from both the business and information technology division and

require a strong working knowledge of the business activities.

A significantly related issue, according to Gibson (2004:29),

is that while staffs are working on the development of strategic

plan, they are unable to conduct other organization work. For

14

this reason, it is often difficult to secure top management

commitment for the protracted use of resources under their

control.

Strategic plans, which ensure the effective use of manpower

and appropriate technology for its implementation, must be

closely aligned to achieve organization’s productivity (Yip,

2002:100). It is vital that strategic planning process moves with

the times and employs new and innovative techniques.

1.3 STATEMENT OF THE PROBLEM

Poor productivity in most industries, after the euphoria of

the Nation’s Independence, could be seen from the indices of

denial of strategic planning, technology and effective use of

manpower most basic to an organization’s performance.

The non-systematic strategic planning process, the inability

to acquire the necessary technology due to inadequate fund and

the non-effective use of manpower in the strategic planning

development can be seen to have serious militating hurdles to

contend with. The formulation of the strategy of an organization

involves elaborate analysis of technological, environmental and

organizational human resources in particular.

15

Therefore, output per unit of a factor of production should

be planned in such a way that it follows the systematic process,

identifies the opportunities and threats in the environment,

evaluates the strengths and weaknesses of the organization,

acquires the necessary technologies, hires appropriate people

and develops appropriate incentives that will motivate the

employees to higher performance.

1.4 OBJECTIVES OF THE STUDY

In an attempt to proffer solution to the problem of this

study, the following objectives were set:

1. To find out the effect of strategic planning on the level of

productivity.

2. To ascertain the effect of choosing appropriate technology in

the implementation of strategic planning.

3. To examine the impact of effective use of manpower on the

strategic planning of the organization.

4. To make adequate recommendation based on the findings of the

research.

1.5 RESEARCH QUESTION

The research questions are as follows:

1. To what extent does strategic planning lead to the increase of

organization’s productivity?

16

2. How does appropriate technology guarantees the implementation

of strategic planning?

3. How can the effective use of manpower affects the strategic

planning process of the organization?

1.6 RESEARCH HYPOTHESES

The hypotheses of this study are:

Hi1: There is significant relationship between strategic planning

and the enhancement of the level of productivity.

HO1: There is no significant relationship between strategic

planning and the enhancement of the level of productivity.

Hi2: Appropriate technology does significantly guarantee the

implementation of strategic plans.

HO2: Appropriate technology does not significantly guarantee

the implementation of strategic plans.

Hi3 Sound strategic planning does significantly depend on

effective use of manpower.

HO3 Sound strategic planning does not significantly depend on

effective use of manpower.

1.7 SIGNIFICANCE OF THE STUDY

The significance of this study hinge around its contribution

to the world of knowledge.

The study will help managers to achieve a quick and

positive result in the organizations productive efforts by adopting

the systematic process of strategic planning. It will assist the

management of every organization in reviving their various

17

policies and introducing appropriate technologies which will

ensure effectiveness within the organizations.

The students will equally benefit by using the information

gathered from the research for class work assignments,

seminars, lectures as well as for further research work.

On the part of the government, the study can provide the

basis for legislative policy decision mostly in this era of

democratic dispensation.

This study will also expose the ordinary man to the

meaning, importance and effects of strategic planning on

corporate productivity.

1.8 SCOPE OF THE STUDY

The scope of the study is limited to Nigerian Bottling

Company Plc Enugu.

1.9 LIMITATION OF THE STUDY

It is always difficult to complete a research without going

through a number of factors which constitute impediments. The

most prominent factors are:

a. Lack of material.

b. Lack of cooperation.

c. Financial constraints.

18

Most of the libraries visited could not provide current and

up-to-date information as most of the textbooks on strategic

planning were inadequate. Custodians of the available materials

prove grossly uncooperative. Most of the journals from internets

are also inaccessible.

Lack of cooperation on the side of the workers towards

filling the questionnaires was nothing to write home about. Most

of the workers approached for interviews and questionnaires

usually claimed to be occupied.

Finance was another constraint. The researcher had to

make frantic efforts by traveling and visiting many libraries and

other data banks to gather reasonable materials


Recent Project Materials

Abstract Studies on the biology of silver catfish Chrysichthys nigrodigitatus (Lacèpède, 1803) in Jebba La...
Word(doc) 1-5 5 Read More
Abstract Amietophyrnus regularis a synonym of Bufo regularis is an amphibian in the family Bufonidae.Amietoph...
Word(doc) 1-5 2 Read More
Abstract A preliminary study of helminth parasites of toad in Nnamdi Azikiwe University Awka, Anambra State,...
Word(doc) 1-5 4 Read More
Abstract ...The study investigated the lethal and sublethal effects of imidacloprid on stingless bee. Imidac...
Word(doc) 1-5 1 Read More
View More Topics

Browse by Departments