Abstract: In the recent past, the banking sector has witnessed a number of challenges including some commercial banks posting losses while others have collapsed altogether. The present study assessed the relationship between organizational alignment and growth of commercial banks in Nakuru town, Kenya. The study was guided by contingency and organizational theories. The study employed a cross-sectional survey designed. The study targeted all the managers in charge of the 35 branches of commercial banks currently operating in Nakuru town. This study used a structured questionnaire to collect data The Statistical Package for Social Sciences Version 24 software facilitated data processing and analysis. Both descriptive and inferential statistics were used in the analysis. The results of the analyses were presented in tables. The study found that the relationship between organizational structure alignment and growth of commercial banks was positive, moderately strong and significant. The findings further indicated that organizational structure alignment was very important at influencing growth of commercial banks. The study also inferred that organizational structure alignment was important in enhancing growth of commercial banks in Nakuru town. The study recommended that the organizational structure of commercial banks should be flexible enough to mitigate the challenges emanating from bureaucratic bottlenecks.
Keywords: Organizational growth, organizational structure alignment, financial institutions, commercial banks.
Title: ASSESSMENT OF THE RELATIONSHIP BETWEEN ORGANIZATIONAL STRUCTURE ALIGNMENT AND GROWTH OF FINANCIAL INSTITUTIONS IN KENYA: A SURVEY OF COMMERCIAL BANKS IN NAKURU TOWN
Author: Stephen Ndirangu Wambugu
International Journal of Social Science and Humanities Research
ISSN 2348-3156 (Print), ISSN 2348-3164 (online)
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