Abstract: The study investigated the effect of strategic management practices on the performance of State corporations in Kenya. Specifically, the study investigated the effects of strategic planning, technological competitiveness, corporate governance practices, Total quality Management practices, Human resource management practices and Customer relationship management practices on the performance of State corporations in Kenya. The study adopted quantitative research with a survey design and Primary data was gathered by the use of closed ended questionnaires which were self-administered. Secondary data was obtained from the Corporations’ performance annual reports and manuals, textbooks, review articles and statistical databases. The theories that were used in the study were The competitive Advantage theory, the Stakeholders theory, Resource based Theory and the Agency theory. The target population was all the State Corporations in Kenya. The study used stratified random sampling technique and Multiple regression to determine the relationship between the Strategic Management practices and Performances of State Corporations in Kenya. Analysis of inferential statistics was performed through bivariate correlation analysis in order to confirm if there was a relationship between the research variables. Results of analysis showed that strategic competitive positioning practice, strategic Technology Adoption, strategic Corporate Governance Practice and strategic Total Quality Management Practice were all strongly correlated to performance of state corporations in Kenya. The research concluded that Corporate level managers should formulate policies that guide the development of strategic competitive positioning and ensure involvement of stakeholders in the strategic management process. Management of the state corporations should also ensure that proper scanning of the environment is undertaken in order to enhance the ability of the organization to optimize and leverage on strategic choices. In addition, all the state corporations’ stakeholders should be adequately facilitated to efficiently and effectively execute their corporate obligations both individually and collectively.
Keywords: Strategic Management Practices, Performance, State Corporations.
Title: Effect of Strategic Management Practices on the Performance of State Corporations in Kenya
Author: Dr. Uzel Jean Mutindi Mzera
International Journal of Social Science and Humanities Research
ISSN 2348-3156 (Print), ISSN 2348-3164 (online)
Vol. 12, Issue 1, January 2024 - March 2024
Page No: 70-76
Research Publish Journals
Website: www.researchpublish.com
Published Date: 26-January-2024
