THE IMPACT OF STRATEGIC PLANNING ON ORGANIZATIONAL PERFORMANCE; A STUDY OF SOME SELESTED BANKS IN ASABA


THE IMPACT OF STRATEGIC PLANNING ON ORGANIZATIONAL PERFORMANCE; A STUDY OF SOME SELESTED BANKS IN ASABA

Type: Project Materials | Format: Ms Word | Attribute: Documentation Only | Pages: 106 Pages | Chapters: 1-5 chapters | Price: ₦ 3,000.00

1,949 marked this research material reliable.
Call or whatsapp: +2347063298784 or email: info@allprojectmaterials.com
THE IMPACT OF STRATEGIC PLANNING ON ORGANIZATIONAL PERFORMANCE; A STUDY OF SOME SELESTED BANKS IN ASABA

CHAPTER ONE
1.0    INTRODUCTION
1.1               BACKGROUND OF THE STUDY
The issues of strategic planning continue to attract considerable national and international attention and have again appeared at the top of the agenda with the current global financial meltdown. The ongoing global financial crisis has further reinforced the message that strategic planning in firms, especially in financial institutions, should always aim at protecting the interests of all stakeholders, which include shareholders, depositors, creditors, regulators and the public.
The strategic planning of banks in developing economies is important for several reasons.

  • banks have an overwhelmingly dominant position in the financial systems of developing economies, and are extremely important engines of economic growth (King and Levine 1993 a, b).
  • banks in these developing economies are typically one of the most important sources of finance for the majority of firms.
  • Third, banks in developing countries are the main depository for the economy’s savings and provide the means for payment.

Given the importance of banks, strategic planning now assumes a central role in view of the peculiar contractual form of banking, strategic planning mechanisms for banks should encapsulate depositors and shareholders. There is substantial evidence to show the positive link between finance sector development (FSD), and economic growth and poverty reduction (King and Levine, 1993; Levine and Zervos, 1998; and Rajan and Zingales, 1998).
The Nigerian banking industry therefore has a significant role to play in the development of the country’s economy. Banks have been the main sources of financing in the Nigerian financial market and bank loans were the predominant sources of debt financing in the economy (Central Bank of Nigeria Annual Report 2006). Strategic planning is particularly important in the Nigerian banking industry because a number of recent financial failures, frauds and questionable business practices had adversely affected investors’ confidence. In 1995, several CEOs and directors of banks in Nigeria where arrested for non-performing loans that were given to themselves, relations and friends. Some of the banks that could not meet the Central Bank of Nigeria (CBN) recapitalization requirement in 2006, where found to be saddled with non-performing loans that were given to directors and their friends.
The financial health and performance of banks are important for the economic growth of Nigeria. This is why the regulator of the industry in Nigeria, the Central Bank of Nigeria, had decided to reform the industry in order to achieve global competitiveness. The strategic planning landscape in the Nigerian banking industry has been dynamic and has generated interest from within and outside the country. In recent times, banks performance have not been the encouraging and this has raise significant concerns that bother on the area of strategic planning. In this regard, analysis, researchers, industry watchers, strategic managers have continued to ask the question that the marginal performance of the banks is because they have been strategic in their planning given the increase volatility of the environment in which they operate.
A recent study by Gibson and Cassar (2005) cast doubt on the causal relationship between planning and performance, . Thus, this studyis set  to examine the relationship between strategic planning on organizational performance in banks in Asaba. Given the fact that strategic planning is first being embraced in the developed countries, it is important that the implications of this practice is researched and documented.

1.2     STATEMENT OF RESEARCH PROBLEM.
Strategic planning has become the preferred approach in the organization in terms of steering the institutions towards achieving their goals. It is important that all employees in organization understand the process and how their own contribution can help achieve the overall organizational goal. Many organizations spend most of their time realizing and reacting to unexpected changes and problems instead of anticipating and preparing for them. Empirical findings to date on the impact of strategy planning on organizational performance have been inconsistent; therefore this inconsistency has created a gap that need to be filled. Hence this study identified the strategic planning variables such as: strategic intents, strategic diagnosis, environmental analysis and strategic choice as a critical factors that are likely to affect organizational performance?
1.3     OBJECTIVES OF THE STUDY 
The general objective of this study, is to investigate the impact of strategic planning on organizational performance in three banks in Asaba, Delta state.
The specific objective is to:

  • Assess the relationship between strategic intents and organization performance.
  • Assess the relationship between strategic diagnosis and organizational performance.
  • Assess whether there is a relationship between environmental analysis and organizational performance
  • Assess the relationship between strategic choice and organizational performance.

1.4     RESEARCH QUESTIONS
This study made to an attempt towards findings answers to the research questions;

  • Is there any significant relationship between the strategic diagnosis and organizational performance?
  • Is there any significant relationship between the strategic diagnosis and organizational performance?
  • To what extent does environmental analysis influences organizational performances?
  • Is there any significant relationship between strategic choice and organizational performances?

THE IMPACT OF STRATEGIC PLANNING ON ORGANIZATIONAL PERFORMANCE; A STUDY OF SOME SELESTED BANKS IN ASABA

Additional Information

  • The Project Material is available for download.
  • The Research material is delivered within 15-30 Minutes.
  • The Material is complete from Preliminary Pages to References.
  • Well Researched and Approved for supervision.
  • Click the download button below to get the complete project material.

Frequently Asked Questions

In-order to give you the best service available online, we have compiled frequently asked questions (FAQ) from our clients so as to answer them and make your visit much more interesting.

We are proudly Nigerians, and we are well aware of fraudulent activities that has been ongoing in the internet. To make it well known to our customers, we are geniune and duely registered with the Corporate Affairs Commission of the republic of Nigeria. Remember, Fraudulent sites can NEVER post bank accounts or contact address which contains personal information. Free chapter One is always given on the site to prove to you that we have the material. If you are unable to view the free chapter 1 send an email to info@allprojectmaterials.com with the subject head "FREE CHAPTER 1' plus the topic. You will get a free chapter 1 within an hour. You can also check out what our happy clients have to say.


Students are always advised to use our materials as guide. However, if you have a different case study, you may need to consult one of our professional writers to help you with that. Depending on similarity of the organization/industry you may modify if you wish.


We have professional writers in various disciplines. If you have a fresh topic, just click Hire a Writer or click here to fill the form and one of our writers will contact you shortly.


Yes it is a complete research project. We ensure that our client receives complete project materials which includes chapters 1-5, full references, questionnaires/secondary data, etc.


Depending on how fast your request is acknowledged by us, you will get the complete project material withing 15-30 minutes. However, on a very good day you can still get it within 5 minutes!

What Clients Say

Our Researchers are happy, see what they are saying. Share your own experience with the world.
Be polite and honest, as we seek to expand our business and reach more people. Thank you.

A Research proposal for the impact of strategic planning on organizational performance; a study of some selested banks in asaba:
Reviews: A Review on the impact of strategic planning on organizational performance; a study of some selested banks in asaba, impact, strategic, planning project topics, researchcub.info, project topic, list of project topics, research project topics, journals, books, Academic writer.
1.2 STATEMENT OF RESEARCH PROBLEM. Strategic planning has become the preferred approach in the organization in terms of steering the institutions towards achieving their goals. It is important that all employees in organization understand the process and how their own contribution can help achieve the overall organizational goal. Many organizations spend most of their time realizing and reacting to unexpected changes and problems instead of anticipating and preparing for them. Empirical findings to date on the impact of strategy planning on organizational performance have been inconsistent; therefore this inconsistency has created a gap that need to be filled. Hence this study identified the strategic planning variables such as: strategic intents, strategic diagnosis, environmental analysis and strategic choice as a critical factors that are likely to affect organizational performance? 1.3 OBJECTIVES OF THE STUDY The general objective of this study, is to investigate the impact of strategic planning on organizational performance in three banks in Asaba, Delta state. The specific objective is to: Assess the relationship between strategic intents and organization performance. Assess the relationship between strategic diagnosis and organizational performance. Assess whether there is a relationship between environmental analysis and organizational performance Assess the relationship between strategic choice and organizational performance. 1.4 RESEARCH QUESTIONS This.. accounting project topics

THE IMPACT OF STRATEGIC PLANNING ON ORGANIZATIONAL PERFORMANCE; A STUDY OF SOME SELESTED BANKS IN ASABA

Project Information

  • CATEGORY : ACCOUNTING
  • TYPE : PROJECT MATERIAL
  • FORMAT : MICROSOFT WORD
  • ATTRIBUTE : Documentation Only
  • PAGES : 106 Pages
  • CHAPTERS : 1 - 5
  • PRICE : ₦ 3,000.00

Share Links

Download Post
Download Post

Search for Project Topics

Project topics in Departments

Do you need a writer for your academic work?