Abstract: Many international firms have found it necessary to institute formal global strategic planning to provide a means for top management to identify opportunities and threats from their operating environment, formulate strategies to handle them, and stipulate how to finance the strategies’ implementation. However, in Rwanda, many organizations exhibit poor growth and low rates of performance implying that the influence of strategic planning in these organizations is not well embraced or understood. This study aimed at examining the influence of Strategic Planning practices to organizational growth. The study was guided by four specific objectives; to establish the effects of setting vision, mission and objectives on the organizational growth, to analyze the effect of evaluation and strategic control on the organizational growth, to assess the effects of strategic implementation organizational growth, and to analyze the effects of evaluation and strategic control on organizational growth. A descriptive survey design was adopted. 98 respondents were sampled out using stratified sampling technique from a population of 4154 representatives of Ntende Rice Cooperative Society. Data from these respondents was collected using closed ended questionnaire and analyzed using a computer based SPSS for descriptive and inferential statistics. The findings revealed that strategic planning components have positive significant effect on organization growth. The study recommended that organizations should be guided by SWOT analysis in their operations, successful strategy implementation, carry out evaluation and control of various strategies, make clear their mission and vision. The study will be important to the cooperative managers through getting informed on the key strategic planning tools to be employed for better performance of the organizations.
Title: INFLUENCE OF STRATEGIC PLANNING ON ORGANIZATIONAL GROWTH: CASE STUDY OF NTENDE RICE COOPERATIVE SOCIETY
Author: Kayitesi Solange, Dr. Patrick Mulyungi
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
Research Publish Journals