Role of Strategy Implementation on Performance of State corporations In Kenya: A Case of National Social Security Fund

Virginia Maina, Dr. Assumptah Kagiri

Abstract: Organizations both private and public tend to employ strategies which are likely to improve on performance. Strategy in this case can be considered as choices which an individual or player makes in certain situation. Individuals and institutions which implement strategies effectively and efficiently harvest positive performance results. Strategy implementation can be viewed as a process which induces different forms of organizational learning, mainly as a result of both environmental threats and strategic responses which are a prime trigger for learning process within an organizations.it is an iterative process of implementing policies, strategies, programs and action plans which allow a firm to utilize its resources to take advantage of opportunities in the competitive environment. This study explored the role of strategy implementation on the Performance of State Corporations in Kenya, with reference to National Social Security Fund in Kenya. The study was guided by the following specific objectives: To determine the influence of benefit processing strategies on performance of NSSF; To assess the relationship between payment strategy and performance of NSSF; and to ascertain the effect of competitive strategy on performance of NSSF. The study collected data from 163 employees of NSSF departments of headquarters and branches operating in Nairobi Region. The study used both descriptive and inferential statistics to analyze the data. The Pearson Product Moment Correlation Coefficient results indicated that benefit processing strategy (r=0.451), Payment strategy (r=0.336) and Competitive strategy (r=0.557) all had a positive moderate correlation with performance of NSSF. The slope coefficients of the regression results showed that benefit processing strategy (0.434), Payment Strategy (0.395) and Competitive Strategy (0.59) all influenced performance of NSSF positively. Keywords: Strategic implementation, Performance, Process. Title: Role of Strategy Implementation on Performance of State corporations In Kenya: A Case of National Social Security Fund Author: Virginia Maina, Dr Assumptah Kagiri International Journal of Social Science and Humanities Research ISSN 2348-3164 (online), ISSN 2348-3156 (Print) Research Publish Journals

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

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Role of Strategy Implementation on Performance of State corporations In Kenya: A Case of National Social Security Fund by Virginia Maina, Dr. Assumptah Kagiri