THE EFFECTS OF STRATEGIC MANAGEMENT ON JOB PERFORMANCE (A STUDY OF AKWA IBOM TRANSPORT COMPANY – AKTC)
BACKGROUND OF THE STUDY
Nigerian business job has experienced a number of changes in recent years. Fundamental economic, restructuring growth in size and complexity of business job have classifically attend the ways in which business executives can effectually manage a business. To cope with these changes, modern management techniques are used in the contemporary jobs.
It is worthy to note that strategic management has a valuable effect on job performance. This can be achieved by means of strategic planning which help a company to capitalize on opportunities and cope with treats provide a basic for measuring performance leads a company to act rather than react, ensures setting and acceptance of common goals and also trains managers to thinks ahead. However, strategic management entail risks the process may expose underlying conflicts within the job. It may disrupt the flow of information and the ways decisions are made and also post fear and suspicious by conservative managers that strategic management might expose their weakness. These factors may beset the effective strategy implementation in most Nigeria Business Jobs.
STATEMENT OF THE PROBLEM
In formulating and implementing strategies in job. There are problems faced as a result of these strategies. The major problem to be emphasized on here is poor policy and strategy formulation.
Lack of communication; the strategic plan is not communicated to front-line employees who are therefore working in the dark.
Also managers are so tied up with day to day operating problem that they lose sight of the long-term strategic goals.
Confusing terminology and language people do not understand what government want because it is not expressed clearly in the strategic plan.
OBJECTIVE OF THE STUDY
(1) To examine strategic management on job performance with particular reference to Akwa Ibom Transport Company (AKTC).
(2) To examine if the business communication strategy is given clearly and regularly to employees.
(3) To examine how strategic management helps in improving jobal performance by setting new priorities for funds and personal.
SIGNIFICANT OF THE STUDY
Generally, the success and continuity of any job is determined by its productivity and performance.In this regards students and interested reader would find this work very useful for reference purposes.
Sincerely, this research will help the executive and who ever at management position of any job to properly make and implement some decisions that will arrest in the improvement of the Akwa Ibom Transport Company (AKTC) performance. Hence, any other individual(s) who wish to go into any further research on this topic will find this work very useful.
POPULATION, SAMPLE AND SAMPLING PROCEDURE
The staff strength of Akwa Ibom Transport Company (AKTC), constitute the population of study. The actual number is two hundred and thirty seven (237).
The random sampling technique was used for the study; this was to give the individual an equal opportunity of being selected for the study.
In determining the sample size, the researcher made use of the yards formula propounded by Yaro Yammani in 1964 which denoted.
N = N
1+N (e) 2
Where
n= sample size
N= population
E= error limited (level of significant) = 0.05
TYPES AND LOCATION OF DATA USED (OPTIONAL)
Primary and secondary source of data were the major source of data collection, the primary sources was basically from the use of questionnaire while the secondary source was obtained from the work of other researcher, personal library, journals, Uyo City Polytechnic Library and other selected materials.
INSTRUMENT FOR DATA ANALYSIS
The main instrument of collection of data used in this research was questionnaire.
This instrument administered in person by the researcher of the respondents, the questionnaire, was designed with multiple questions that provide options to the respondents; the question was sent out in communication with simple size of 80.
However only 64 out of the 80 distributed questionnaires were correctly filled and return to the researcher against this back drop of the research calculation and demonstration in chapter four of this work.
Data collection was edited first for accuracy classified and presented in a manner that will enable the research and reader easy comprehension, the simple percentage was used in validating the research hypothesis in analyzing the research question is started mathematically.
Thus
P% = fo X 100
No I
Where
P% = calculated percentage for a particular response
No = observed frequency of response
No = total number of respondents
100 = percentage base
In a simdiated manner, person correlation
Coefficient statistical formula is well stated.
Mathematically thus,
r = correlation coefficient
n = number of observation
x = independent variables
y = dependent variables
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THE EFFECTS OF STRATEGIC MANAGEMENT ON JOB PERFORMANCE (A STUDY OF AKWA IBOM TRANSPORT COMPANY – AKTC)
