Abstract: The aim of this study was to establish the influence of organizational competence on the performance of firms listed at the Nairobi Securities Exchange (NSE). Organizational competence is the ability of an organization to cope with modern environmental dynamics and effectively perform its mandate to meet its goals and steer performance and continuity. While the firms listed at NSE have been at the forefront of steering economic growth and development in Kenya, most of the firms have unsustainable performance characterized by declining profit margins, losses and shrinking market capitalization which poses a threat to investors and shareholders. This study therefore sought to assess the role played by organizational competence in enhancing firm performance of the listed firms at NSE. Descriptive research design was employed and the target population was the listed firms at NSE. Purposive sampling and census were applied where all the listed firms were surveyed (census) while purposive sampling was used to pick four senior managers from each of the companies. A structured questionnaire was used to collect data which was analysed through descriptive and inferential statistics. The findings revealed that organizational competence was a key aspect in steering the performance of the listed firms. It was concluded that the listed firms with more competent management recorded better performance thus recommending that the listed firms ought to embrace organizational competence as a key driver to enhancing organizational performance.
Keywords: Organizational Competence, firm performance, listed firms, Nairobi Securities Exchange.
Title: INFLUENCE OF ORGANIZATIONAL COMPETENCE ON PERFORMANCE OF FIRMS LISTED AT THE NAIROBI SECURITIES EXCHANGE
Author: Ndungu Samuel Machiri
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
Research Publish Journals
