Select Currency
Translate this page

IMPACT OF STRATEGIC MANAGEMENT ON ORGANISATIONAL GROWTH

Format: MS WORD  |  Chapter: 1-5  |  Pages: 75  |  1722 Users found this project useful  |  Price NGN5,000

  DOWNLOAD THE FULL PROJECT

IMPACT OF STRATEGIC MANAGEMENT ON ORGANISATIONAL GROWTH

 

CHAPTER ONE

INTRODUCTION

1.1   BACKGROUND TO THE STUDY

Strategic Management is used to describe the decision process. It can also be called strategic planning. Strategic management is that set of direction and actions which leads to the development of an effective strategy to help achieve corporate objectives. It is the careful selection and correct application of tools that determine entrepreneurial success. It is felt that strategic management, a key pillar for corporate survival, may be adapted and applied to ensure better entrepreneurial performance on a more consistent basis. Strategic management materials appear to be written primarily for larger corporations. It suggests elaborate involvement, high cost and complex architecture as prerequisites. The reaction of Small-Scale Business Enterprise is naturally one of being intimidated; and therefore most small scale entrepreneurial  prefer to operate in the usual manner and mindset. Where there is no change, different results cannot be expected. Anthony Robbins (2007), the most famous Neurolinguistic Programming specialist, once remarked: To keep on doing the same thing and expect a different result is a form of insanity. For reasons stated above, a research on strategic approach to management of Small-Scale Business Enterprises is therefore examined.

1.2   STATEMENT OF THE PROBLEM

Some Nigerian Business Organizations are without formal plans or where there are formal plans they do operate without adhering to them. Some argued that the market place changes so fast for a plan to be useful. All business organizations are heading somewhere but unfortunately some do not know where they are going, then any road will lead them there. This therefore emphasizes the need for organizations to utilize strategic planning concepts. Strategic management implementation has been challenging to many organizations. They crunch vast amounts of consumer data, hold planning sessions frequently, and use various techniques to develop strategy. Still, they  miss the mark a lot of the times. Some strategic management problems faced by organizations include; Companies tend to ignore one complication along the way: They can’t develop models of the increasingly complex environment in which they operate. As a result, contemporary strategic-planning processes don’t help enterprises cope with the big problems they face.

Several Chief Executive Officers (CEOs) admit that they are confronted with issues that cannot be resolved merely by gathering additional data, defining issues more clearly, or breaking them down into small problems. Their planning techniques don’t generate fresh ideas, and implementing the solutions those processes come up with is fraught with political peril. Most Organizations do not progress at all walloping in serious planning problems. Therefore, there is need to investigate why the above problems persist and examine ways by which strategic planning could assist.

1.3   OBJECTIVES OF STUDY

This research aims at examining the impact of strategic management on the organizational performance. The specific  objectives of the study include;

i.  To appraise the value of strategic management concepts and techniques as applied to organizations.

ii. To examine the impact of strategic management in organisation’s success.

iii. To provide some guidelines with which organisations can apply the strategic management ideas and skills, in a time-saving manner.

iv. Suggest methods that may prevent major crisis and business failures.

1.4   RESEARCH QUESTIONS

The following questions are pertinent to this work;

To what extent are strategic management concepts and techniques important in an organisation?

Is there any significant relationship between organization strategic management and organizational performance?

Has Lawrenzo Cargo and Logistics Ltd been able to put in place  effectively plan on how to acquire knowledge on strategic management ideas and skills?

To what extent is Planning as a managerial function relevant to the existence of Lawrenzo Cargo and Logistics Ltd?

What are the Strategic Management concepts and techniques organizations need to make it achieve their aims and objectives?

1.5   RESEARCH HYPOTHESES

For the purpose of this study, it is necessary that working hypotheses be established. To this end, the following hypotheses were tested:

HYPOTHESIS ONE

Ho:   There is no significant relationship between Strategic management and organizational performance

H1:  There is significant relationship between Strategic management and organizational performance.

HYPOTHESIS TWO

Ho:  Acquiring strategic management ideas/skills is not   important to the management of an organization.

H1: Acquiring strategic management ideas/skills is important to the management of an organization.

1.6   RESEARCH METHODOLOGY

Research methodology deals with the description analysis and interpretation of various methods employed for collecting relevant information necessary for research work. For the purpose of collecting necessary data for this research work, primary and secondary data collection method are used. The primary data collection method will be through the following:

1.  Structured questionnaire

2.  Personal unstructured interview

3.  Observation

The secondary data are collected from reports and documents from the company. Also, materials from library and desk research literatures were used. In this study, descriptive method are used to analyze data and also in testing hypothesis, chi-square (X2) was employed. Findings from this research study will be discussed in the light of the research problem hypothesis, purpose research questions, literatures of the research and other relevant issues conclusions will be drawn and recommendations and suggestions also will be made.

1.7   SIGNIFICANCE OF THE STUDY

Without doubt, strategic management plays an integral role in the management of business. It is a managerial tool that cannot be overlooked. Hence, the motivating factor of this work is to elucidate information on the need to be more proactive in manager’s planning toward the sustenance of business enterprise. Strategic management endeavours to achieve effective and efficient programs to accomplish the organization’s mission. As a philosophy, it changes how managers looks at competitors, customers, markets and even the organization itself. The significance of this research work is to stimulate management’s awareness of the strategic implication of environmental events and internal decision. Strategy is needed to focus effort and promote coordination of activities. Without strategy an organization becomes bunch of individuals, hence strategy is required to ensure collective actions and concentration of efforts towards achieving organizational plans and objective

1.8     SCOPE OF THE STUDY

This project work examines the Impact of Strategic Management on Organisational Growth, it is designed to capture data and achieve research objectives for Lawrenzo Cargo and Logistic Ltd only. It is however hoped that the result could be applied to other organisations. Due to the time limit, the research work covers a small cargo and logistic company (Lawrenzo Cargo and Logistic Ltd) located in Lagos.

1.10 HISTORICAL BACKGROUND OF LAWRENZO CARGO AND LOGISTICS

Lawrenzo Cargo and Logistics Limited commenced its operations in 2004 as a Cargo Company providing freight forwarding services. The Registered Office of the Company is located at Muritala Muhammed International Airport Ikeja, Lagos. The Company offers specialized logistics services across Multimodal Transport Operations, cargo export/import, Container Freight Station Operations, consolidation and warehousing. Benchmarked quality standards, standardized processes and operation excellence across all the services and facilities, have enabled Lawrenzo Cargo and Logistics Ltd to emerge as leading players in all these segments. Lawrenzo Cargo and Logistics Ltd currently has about one hundred (100) competent staff. As a result of milestone achievements in the last three years, she was awarded ‘Best Consolidator’ for the year 2011 by Euro airline. As a young and fast growing company, Lawrenzo Cargo and Logistics Ltd tends to commence operations at Aminu kano International airport before the end of 2012.

  DOWNLOAD THE FULL PROJECT

IMPACT OF STRATEGIC MANAGEMENT ON ORGANISATIONAL GROWTH

Not The Topic You Are Looking For?



For Quick Help Chat with Us Now!

+234 813 292 6373

+233 55 397 8005


HOW TO GET THE COMPLETE PROJECT ON IMPACT OF STRATEGIC MANAGEMENT ON ORGANISATIONAL GROWTH INSTANTLY

  • Click on the Download Button above.
  • Select any option to get the complete project immediately.
  • Chat with Our Instant Help Desk on +234 813 292 6373 for further assistance.
  • All projects on our website are well researched by professionals with high level of professionalism.

Here's what our amazing customers are saying

MATTHEW NGBEDE
Ahmadu Bello University
I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!
Excellent
Stancy M
Abia State University, Uturu
I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much iprojectmaster, infact, I owe my graduating well today to you guys...
Excellent
Azeez Abiodun
Moshood Abiola polytechnic
I actually googled and saw about iproject master, copied the number and contacted them through WhatsApp to ask for the availability of the material and to my luck they have it. So there was a delay with the project due to the covid19 pandemic. I was really scared before making the payment cause I’ve been scammed twice, they attended so well to me and that made me trust the process and made the payment and provided them with proof, I got my material in less than 10minutes
Very Good
Abubakar Iliyasu Hashim
Federal college of education pankshin affiliated to university of jos
I am highly impressed with your unquantifiable efforts for the leaners, more grace to your elbow.I will inform my colleagues about your website.
Very Good
Abraham Ogbanje
NATIONAL OPEN UNIVERSITY OF NIGERIA
At first I was afraid.. But I discovered they are legit. I will bring more patronize
Very Good
Abdulrazak Bello Marsha
Usman Dan fodio University
It was quite a better guide for project and paper presentation purpoting. Many thanks.
Average
Dau Mohammed Kabiru
Kaduna State College of Education Gidan Waya
This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.
Very Good
Gbadamosi Solomon Oluwabunmi
Lasu
Swift delivery within 9 minutes of payment. Thank you project master
Excellent
Emmanuel Essential
Kogi state University
I actually took the risk,you know first time stuff But i was suprised i received as requested. I love you guys 🌟 🌟 🌟 🌟
Very Good
Temitayo Ayodele
Obafemi Awolowo University
My friend told me about iprojectmaster website, I doubted her until I saw her download her full project instantly, I tried mine too and got it instantly, right now, am telling everyone in my school about iprojectmaster.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work
Very Good

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on IMPACT OF STRATEGIC MANAGEMENT ON ORGANISATIONAL GROWTH?

Simply click on the Download button above and follow the procedure stated.

I have a fresh topic that is not on your website. How do I go about it?

How fast can I get this complete project on IMPACT OF STRATEGIC MANAGEMENT ON ORGANISATIONAL GROWTH?

Within 15 minutes if you want this exact project topic without adjustment

Is it a complete research project or just materials?

It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data

What if I want to change the case study for IMPACT OF STRATEGIC MANAGEMENT ON ORGANISATIONAL GROWTH, What do i do?

Chat with Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

How will I get my complete project?

Your Complete Project Material will be sent to your Email Address in Ms Word document format

Can I get my Complete Project through WhatsApp?

Yes! We can send your Complete Research Project to your WhatsApp Number

What if my Project Supervisor made some changes to a topic i picked from your website?

Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

Do you assist students with Assignment and Project Proposal?

Yes! Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

What if i do not have any project topic idea at all?

Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 813 292 6373

How can i trust this site?

We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!