STRATEGIC MANAGEMENT AND ORGANIZATIONAL PERFORMANCE IN FIRST BANK OF NIGERIA PLC, LAGOS.

AUTHOR: NJELITA NJIDEKA IFEOMA

DEPARTMENT: BUSINESS ADMINISTRATION AND MANAGEMENT

AFFILIATION: NNAMDI AZIKIWE UNIVERSITY AWKA,

Organizations are constantly searching for methods in order to stay competitive. The research investigated what relationship existed between Strategic Management and organization performance. The effectiveness of strategic management can only be measured in terms of the extent to which it influences organizational performance, which affects its survival rate. The main objective of this study is to re-evaluate the management performance relationship in organizations and determine the extent to which Strategic Management affects performance in an organization, of which First Bank of Nigeria PLC’s Head Office, Lagos will be used as case study. In this study, the researcher has concentrated on the responses of the employees, whose decisions and actions can improve or mar the success of the organization. The researcher made use of primary and secondary data, questions were framed and their responses were carefully noted. The statistical tool employed for analyzing the data collected for this research include simple percentage, mean and frequency distribution table. The Chi-square (X2) and the Pearson’s correlation coefficient were used for testing the hypotheses to determine how respondents react to issue concerning strategic management. Analysis and conclusions were based on results of the interviews from First Bank of Nigeria PLC’s Head Office, Lagos. The results showed that there is a positive correlation between Strategic Management, the growth and development of companies. The result also shows that the organization integrates Strategic Management into its operations to improve organizational performance. Finally, the researcher recommends that Organizations’ code of business conduct should define ethical, legal as well as moral standards and expectation in its daily operations.

TO VIEW THE FULL CONTENT OF THIS DOCUMENT, PLEASE VISIT THE UNIZIK LIBRARY WEBSITE USING THIS LINK, http://naulibrary.org/dglibrary/admin/book_directory/Thesis/10966.pdf

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