Author:
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Category :
Languages : en
Pages : 93

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Author:
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Category :
Languages : en
Pages : 69

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Book Description

Author:
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Languages : en
Pages : 66

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Book Description
The objective of the study was to analyse the effect of external environmental factors on the performance of small to medium size enterprises. The study was guided by research questions, which sought to find out what effect political, regulatory, market issues and infrastructure had on the performance of small to medium sized enterprises in Kenya. The research adopted a descriptive research design where the population of interest was SMEs in the manufacturing and service industries in Kenya. The design using questionnaires was deemed appropriate because the main objective was to establish the main factors affecting the performance and growth of SMEs in Kenya. The study adopted stratified random sampling, with the strata being the type of business. Proportional allocation was used to determine the number in the sample from each stratum. The study sample was 88 respondents, with proportionately allocated strata of services at 56 and those in manufacturing were 32. The elements in each stratum were obtained using simple random sampling. The researcher used a questionnaire as a primary data collection instrument. The questionnaire was designed in consultation with the research supervisor and other colleagues. The questionnaire was divided into sections, each representing the different variables adopted for study. The analysed findings of the study observe that SMEs in Kenya face external environmental challenges as follows: Political factors affect the performance of small to medium size enterprises. The key factors based on the collected data were extracted and political unrest or demonstrations, stood out as key factors affecting the performance of SMEs. Regulation issues were also found to have a significant effect of the performance of SMEs. The current tax system was viewed as a tedious and complex process presenting compliance challenges to some of the small businesses. Lack of belief in the court system was a factor, and, the underdeveloped regulation policies according to respondents had a direct impact on the state of the underdeveloped infrastructure and low levels of information available to their businesses. In regards to marketing issues the challenge of there being an inadequate market for their products affected business growth. This challenge was further compounded by the fact that respondents found it difficult to search for or access new markets. Infrastructure issues, specifically the unpredictable power availability patterns caused a multiple effect on small to medium sized enterprises. Water interruptions and inefficiencies stood out as key challenges especially for SMEs in manufacturing and catering services. Transport infrastructure and services also provided a glaring challenge to SMEs. The performance of the enterprises was also analysed to help measure the performance and growth of the enterprise. In terms of sales, low growth was recorded, other performance indicators such as growth in number of employees and profit showed similar performance to the previous year and minimal growth respectively. When testing the objective of the study, it was noted that an increase of various factors had a positive effect on the performance of the enterprise with the exception of the extracted political issues which had a negative effect on SMEs as indicated in the survey model. Generally the study looked into a number of challenges facing SMEs in Kenya and found that to surmount the challenges, they would need to be addressed by all stakeholders involved. Academic and research institutions would need to ensure continuous research specifically tailored for SMEs to develop and update best practice standards, and also help develop predictive models that help small businesses avert challenges presented by the unpredictable nature of the external business environment. The study came up with recommendations and among them, a complete review of policies that govern SMEs to ensure regulations assist in their growth. The design of a conceptual model for quality integrated SME management for SMEs in Kenya and Africa as a whole was also recommended as part of the effort to manage the familiar political unrest that follow election periods and also to ensure managerial and financial health of SMEs. Recommendations were also made that SMEs engage actively in building their markets through formation of alliances that would allow them to extend their reach without incurring very high overheads, and to take advantage of business development services from the government to help enhance their institutional capacity, adaptive capacity and also the developmental capacity of the businesses to ensure they can withstand environmental shocks.

Author:
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Category :
Languages : en
Pages : 67

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Author:
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Languages : en
Pages : 73

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Author: Geada, Nuno
Publisher: IGI Global
ISBN: 1799874540
Category : Business & Economics
Languages : en
Pages : 356

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Book Description
With the gradual resumption of economic activity, most businesses are facing a range of challenges associated with implementing measures to protect the health and safety of their employees. Some employers had to put certain business activities on hold and even start new ones in order to keep their organizations operating efficiently. The global COVID-19 pandemic plus digital transformation and the pressure of Industry 4.0 have challenged companies to manage their organizations in newfound ways. In the short term, they are facing enormous changes to their business plans; in the long term, they must adapt and continue to progress on their original goals. Reviving Businesses With New Organizational Change Management Strategies is a crucial reference book that analyzes the sensitivity of organizations to change management based on methodologies and tools to control impacts, to understand how employees will be impacted in their environment, and to learn how technology will help both the industry and professionals. This book also explores types of frameworks that are built for communication and business continuity, the importance of collaborative and interactive relationships for change management, and emotional factors and issues for change management. Covering topics including change management models, cybersecurity, Health 4.0, privacy and security, and information systems management, this text is essential for managers, executives, human resources managers, academicians, students, and researchers looking for successful business strategies that are leading to increased efficiency, performance, and growth.

Author:
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Category :
Languages : en
Pages : 72

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Author:
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Languages : en
Pages : 68

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Book Description
The purpose of this study is to investigate the effect of the change management process by Unilever Kenya, while adopting Leveredge, a new form of Electronic Commerce by the firm, together with its impact on ways of working. It specifically gives a detailed analysis of the change management actions taken in readiness for the new Distributor system change, how Unilever handled the change and the challenges encountered as well as the actions taken to manage the change transition from Ultra, the current system, to Leveredge, the proposed system for implementation and the effects thereafter. This Research used both descriptive and inferential research designs for this study. The methodology also outlines the data collection method as the study using both structured and semi-structured questionnaires as well as interviews conducted to a Unilever change agent and the Outlet Distributor. This was to capture their thoughts as they were considered key people in this study. A census was carried out to capture the quantitative bit of this research as the population at hand consisted of a total of 32 people, which was later analyzed using interpreted frequencies and inferential analysis of the variables. Key Informant interviews enabled the collection of the qualitative data in which content analysis was used to draw conclusions from the data. In overall, the study used both descriptive and inferential research designs to draw its conclusions and state its recommendations. Findings as per the first research questions were that it is important to ensure that the guiding coalition is completely sold to the idea. Proper training and willingness to see change acceptance by them is critical. This is the only way the coalition can lead the change effectively during the implementation. Findings as per the second research objective justified the importance of effective and efficient communication. The communication mode used by Unilever in Leveredge?s implementation was however not visually appealing as most felt there was too much detail on posters and other material. Proper training is also key in that it determines the status of the flow of information from one person to the other or even in execution while in the line of duty. This in turn greatly reduces the number of challenges that can be encountered. As per the third research objective, findings were that Post-Go Live support is also essential in managing teething problems that would definitely be encountered. A command centre is therefore essential as it shortens the response time. In this study, the interviewees were only able to discuss the immediate benefits of Leveredge. They also said that most benefits would be realized after some time of approximately a month or so. The study concluded that change is never a smooth transition and thus this study gives best practices in dealing with change as well as shows the importance of proper change management before, during and after transition. This report examines all these aspects critically, outlining all steps followed and later documenting the findings based on a pilot exercise, which is the focus of the study. The study recommended that in regard to organizational growth and change; proper employee and guiding coalition preparedness, exhaustive training of all parties, effective and efficient communication, an active command post-Go Live and a review of the results after a pilot exercise are essential for a successful change implementation project.

Author: Edward Darnell
Publisher: GRIN Verlag
ISBN: 365624572X
Category : Business & Economics
Languages : en
Pages : 59

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Master's Thesis from the year 2012 in the subject Business economics - Business Management, Corporate Governance, grade: 100, Pfeiffer University, course: Practicum in Health Administration - Buisness / Management / Change, language: English, abstract: An in-depth look at changes within the workplace involving surveys and interviews with 3 levels of staff: employees, managers, and leaders. This is followed by the creation of a new model combining change management and change leadership into one process to increase the chance of successfully implementing changes in the workplace.

Author: Sanel Muranovic
Publisher: GRIN Verlag
ISBN: 3668312583
Category : Business & Economics
Languages : en
Pages : 17

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Book Description
Seminar paper from the year 2015 in the subject Business economics - Business Management, Corporate Governance, grade: 1,00, University of Applied Sciences Vorarlberg, language: English, abstract: Change is the norm and flexibility is a requirement, so be prepared to deal with it. A very meaningful sentence nowadays. Organizations and companies all over the world are confronted with change and the question, how to manage it. Threatening external influences force organizational culture to arrange themselves with permanent change processes. Even if there are no evident problems brewing. Imminent external disruptions, like new competitors or technology, the own cost structure or economy depression, can take the organization by surprise too fast. One way to deal with change is to prevent problems that weren’t tangible but could arise from different change processes in- and outside the organization. This individual seminar paper is structured in by comparing the academically approach from well-known economics literature with an actual case study with a practical approach. In this context it is about a Harvard Business Review article of November 20th 2015 called “Getting Employees Excited About a New Direction” by Douglas A. Ready. The main goal will be to analyse the change process with a reference to different theories and perspectives following by a practical transfer with possible suggestions or solutions.