Factors Affecting Implementation of Strategic Plans in Co-operative Societies in Turkana County

Naphtali Maiche, Dr. Margaret A. Oloko

Abstract: Co-operatives develop strategic plans to set direction and establish priorities with a view to achieving organizational success. However, the process of implementation is bedeviled by many factors which impede strategy implementation. This study sought to examine factors affecting implementation of strategic plans in Co-operative Societies in Turkana County. The study’s specific objectives were: To examine the influence of top leadership commitment and support on the implementation of strategic plans in Co-operative Societies; to examine the influence of availability of resources on the implementation of strategic plans in Co-operative Societies; to examine the influence of levels of risk on the implementation of strategic plans in Co-operative Societies; to examine the influence of monitoring and evaluation on the implementation of strategic plans in Co-operative Societies. The study adopted a descriptive research design. The study’s population was drawn from 12 SACCOs in Turkana County with a registered membership of 3000 members. Purposive sampling was used to select a sample size of 52 respondents represented by 36 board members, 12 supervisory committee members and 4 CEOs/ managers. Data was collected using open-ended questionnaires and analyzed using the descriptive statistics tool of the Microsoft Excel Computer Package with the aid of SPSS software. The study concluded that: top leadership commitment and support; availability of resources; levels of risk, and; monitoring and evaluation influence implementation of strategic plans in Co-operative Societies. The study recommended that SACCOs should foster continuous trainings on implementation of strategic plans targeting everybody involved with implementation of SACCOs’ strategic plans; resources allocated for implementing strategic plans should be in the right qualities, quantities and timelines; SACCOs should device adequate capital formation methods without necessarily compromising on their principles and values; communication in SACCOs should be made to be a pivot of clarity on SACCOs’ strategies; SACCOs should develop risk-conscious strategic plans to reduce the negative impact of risk on their strategic objectives; SACCOs should embrace current technology to enhance implementation of their strategic plans; monitoring and evaluation of the implementation of strategic plans should be done regularly, and; SACCOs should develop highly responsive strategy implementation feedback mechanisms to inform on strategy performance hence enable SACCOs to take prompt action to guarantee realization of organizational strategies. Keywords: Commitment and support, implementation, monitoring and evaluation, resources, risk, strategic plans. Title: Factors Affecting Implementation of Strategic Plans in Co-operative Societies in Turkana County Author: Naphtali Maiche, Dr. Margaret A. Oloko International Journal of Social Science and Humanities Research ISSN 2348-3156 (Print), ISSN 2348-3164 (online) Research Publish Journals

Vol. 4, Issue 4, October 2016 – December 2016

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Factors Affecting Implementation of Strategic Plans in Co-operative Societies in Turkana County by Naphtali Maiche, Dr. Margaret A. Oloko