Tag Archives: Strategic

Strategic Impacts of Supply Chain Innovation on Firms Performance (Published)

The need to be proactive to customers demand and the intensifying challenges from globalization and the rising cost of consumable goods necessitated the researchers desire to explores, strategic impacts of supply chain innovation on firms’ performance. Many firms believed that supply chain innovation is a means of competitive advantage. Conversely, one firm’s supply chain innovation is another company’s process improvement. In today’s competitive business environment, misunderstanding a new idea may result in wasting resources on an innovation that is not yet materialized. Lack of clarity is an issue for academic debate. The objective of this article therefore was to examine strategic impacts of supply chain innovation on firms’ performance. The researchers adopted theoretical framework in investigating the nature and concepts of supply chain innovation in this research. Data were sourced from management journals, internet and periodical. This gives a clear understanding of earlier work in the area of exploration thereby providing foundation for the researchable predicament at stake. Findings reveal that supply chain innovation involves an integrative system of customers, suppliers, manufacturers, information technology and finance through physical and human resources for enhance performance. Supply chains innovation requires array of relationships and numerous paths through which products and information travel. To gain utmost advantage from supply chain innovation, a firm must energetically draw upon its available internal capabilities and the external resources of its supply chain network to fulfill customer requirements.

Keywords: Chain, Innovation, Strategic, and Firms Performance, supply

EFFECT OF STRATEGIC MARKETING OF FINANCIAL SERVICES ON ORGANIZATION PERFORMANCE (Published)

This study focuses on the effect of strategic marketing of financial services on organization performance. The primary purpose of this study is to focus on the relationship between marketing strategies and banks performance. The research design adopted for this study was survey research design in which a sample was selected at random amongst the population of the study and used as respondents for the study. Questionnaires were used as an instrument of primary data collection. Stratified random sampling was used to select the sample. Simple percentages and frequency distributions together with Spearman’s rank correlation coefficient were used to analyze the data. The result of this study reveals that there is a significant positive relationship between the financial marketing services and profitability of First Bank of Nigeria Plc. Therefore, it is recommended that Banks should remove the communication gap that currently exists between the banks and their customers as most customers are not aware of the services rendered by their banks. Information can be provided through brochures, pamphlets, circular, adverts etc. The banks should devise ways of making it easy for customers to obtain information from banks.

Keywords: Financial Services, Marketing, Organization, Performance, Profitability, Strategic

STRATEGIC MODEL OF TIN MINING INDUSTRY IN INDONESIA (CASE STUDY OF BANGKA BELITUNG PROVINCE) (Published)

Indonesia Has Abundance Of Natural Resources Such As Oil, Gas And Minerals. Bangka Belitung Province Has Tin Mineral Abundant And Had Been Mining Since 1668. Beside, Tin Mining Industry Has Some Problem Continues In Bangka Belitung Province. Some Of Tin Mining Industry Issues Are Struggling Of People Interest To Utilize The Mineral Area And Degradation From Mining Activities (Casper 2007), Illegal Tin Mining (Elfida 2007; Inonu 2010), Lack Of Coordination Between The Local Government And Central Government In Regulation And Licensing For Mines (Purba 2007; Hayati 2011), Socio-Economic Conflicts (Aziz, Salim 2005; Resosudarmo, Subiman 2010; Erman 2013), Poverty Issue (Eir 2003; Jatam 2005), Political Power And Structures Issue (Erman 2007; Resourdarmo Et Al 2009; Hendra 2012). The Aim Of Our Study Was To Make Strategic Model Of Tin Mining Industry (Case Study Bangka Belitung Province). Strategic Model Of Tin Mining Industry Can Be Used As A Solution To; Avoid Conflicts Between Stakeholders, Economic Improvement, Increasing Regional Revenue And Competitiveness Of Tin Industries. Our Methodologies Conducted By Structured-In Depth Interviews And Questioner. Expert Respondents Were Selected By Purposive Sampling. Respondents Were Selected By Non-Probability Sampling Technique. Furthermore, The Study Employed Analysis Tool Of Analytical Network Process (Anp) To Make Strategic Model For Tin Mining Industry. Framework Model Has Been Confirmed By Expert In Tin Mining Industry. Anp Framework Consists Of 6 Cluster Include; Strategic Model, Macro-Environment Strategic, Key Stakeholder, Activities, Industry Issue And Strategic. Macro-Environment Strategic Priority Should Be Concerned Are; Politic And Law (28.91%), Economic And Business (28.9%). Key Stakeholder Priorities Are; Local Government (26.65%), Then Central Government As Second Priority (24.36%). Key Activity Priorities Are; Regulation And License (38.71%), Audited And Supervision (35.73%). Industry Issues Are; Finishing Of Monitoring And Enforcement (21.49%), Coordination & Policy (20.97%). Strategic Which Should Be Implemented Are Audit And Supervision (31.05%), And Then Standardization (22.19%). The Research Showed The Need Of Improvement For Government, Law Enforcement And Regulatory.

Keywords: Analytical Network Process, Strategic, Tin Mining Industry

A Study on the Influence of Strategic Human Resource and Organizational Capacity Building on Performance Improvement of Public Service Delivery in Nakuru County-Kenya (Published)

The study will seek to examine the influence of strategic human resource and organizational capacity building on performance improvement of public service delivery in the departments of the registration of persons Nakuru County (Kenya) using the 2012-2013 performance improvement service delivery period as the baseline. The said departments include registration of births which issues birth certificates, registration of persons which issues national identity cards and registration of refugees which registers political asylum seekers. Nakuru County comprises of 9 sub counties thus- Nakuru Sub County, Njoro, Molo, Subukia, Nakuru North, Kuresoi, Rongai, Gilgil and Naivasha. The study has been prompted to be carried out due to reported incidents of low registration coverage in the issuance of Kenyan National Identification documents in the said county as pointed out by the (2012-2013) county annual registration performance reports which recorded less than 100% coverage contrary to the projected and expected achievement of 100%. The objectives of the study will be to: examine strategies put in place focusing on performance improvement of public service delivery, investigate on types of human resource capacity building advanced aiming at performance improvement of public service delivery, find out the influence of human resource and organizational capacity building on performance improvement of public service delivery, establish challenges and possible remedies encountered by the human resource and relevant organizations on performance improvement of public service delivery. The study will be guided by the Roseau’s psychological contract theory of (1994) which stresses on mutual beliefs and expectations by employees and organizations upon the successful performance of a worker. Descriptive survey research design method targeting a population of 308 respondents and 9 sub counties will be adopted. A sample size of 50% of the same will be used through random and non probability purposeful identification techniques which for the purposes of data collection will translate to 154 respondents and 5 sub counties. Primary and secondary sources of data collection will be employed by using questionnaires as data collection instruments after testing and re-testing them in similar environmental study conditions through piloting techniques to ascertain their validity and reliability as data collection tools. Collected data will be sorted out, coded and analyzed by using descriptive statistics and Statistical Packages for Social Scientists (SPSS) then tabulated in form of frequencies and percentages. Multiple regression statistical model will be adopted to test the advanced study hypothesis thus there is no significance relationship between strategies and performance improvement on public service delivery. Study findings will be subjected to review committee and its findings made open for public information and consumption.

Keywords: Capacity building, Human resource, Organizational, Performance Improvement And Public Service Delivery., Strategic

The Effect of Business Incubation in Developing Countries (Published)

The aim of this paper is to review the literature and show the strength and weakness of business incubation in developing countries. This paper is based on a wide literature review, focused on the identification of the incubators as tool for economic development. We found that 1) business incubators provide support for start-up companies, 2) graduated companies tend to have a greater probability of success and 3) graduated companies have a significant positive impact on economic development. These findings can help policy makers, governments, and practitioners with their implementation in incubator programs, leading to better planning and a greater chance of success. This paper contributes to enhance the understanding of the strategic implementation of incubator models in developing countries and provides useful information to both academicians and practitioners who are interested in incubator programs.

Keywords: Economic Development, Incubators, Strategic, developing countries