Entrepreneurial Orientation as a Predictor of Organization Performance: A Perspective of State Corporations in the Energy Sector in Kenya
Year: 2023
Type: article
Study design: Observational Study
Abstract: Organizations operate in ever-changing environments characterized by technological, competitive, regulatory, and economic shifts (Wanyeri & Moronge, 2018).As a result, companies are becoming more proactive and dynamic in identifying and implementing strategies that ensure long-term viability through superior performance.Furthermore, organizations must consequently establish an aggressive benefit to outperform their rivals (Zehir, Can & Karaboga, 2015).According to the literature on strategic management, one of the most important issues that must be addressed is organization performance (Sosiawani, Ramli, Mustafa & Yusoff, 2015; Rizan, Bilfas & Purwohedi, 2019).Organization performance refers to a firm's ability to effectively execute its strategy and use available resources (Jenatabadi, 2015).Furthermore, organization performance refers to how a company uses resources, both tangible and intangible, to achieve its goals, as reflected in its performance (Wheelen & Hunger, 2015).Globally, the energy sector is experiencing substantial changes as countries struggle to decarbonize and establish an extensive energy transition while also attempting to recover from the financial meltdowns brought about by the covid-19 pandemic.Energy policies and regulations continue to lag Abstract: Kenya's energy sector has generally underperformed, particularly in terms of efficiency and management.Furthermore, statistics show that strategic objectives in the energy sector, such as increasing electricity generation capacity, the goals of improving access to services and information, boosting stakeholder satisfaction, and upgrading technology have not been accomplished, resulting in poor results.This study investigated the effect of entrepreneurial orientation on the organization performance of government entities in Kenya's energy sector.The research was based on resource based view, dynamic capabilities theory and the balanced scorecard.The philosophy used in this study was positivism philosophy.The research design was cross-sectional, including inferential and descriptive analysis.The study's target group included 11 Kenyan state corporations with 887 managers.A sample size of 285 respondents was chosen using a stratified random selection procedure.The respondents were managers in the fields of human resources, accounting, marketing, operations, corporate affairs, procurement, and supply chain management as well as information and communication technology, administration, finance, and business strategy development.To acquire primary data, a semi-structured questionnaire was used.Quantitative data was analyzed and presented using figures and tables, as well as descriptive and inferential statistics.Tables and pie charts were used to convey quantitative data.The findings of the research demonstrated entrepreneurial orientation had a significant effect on performance of state corporations in Kenya's energy sector.The findings of the study contribute to the body of knowledge thereby enriching the formulation of policies and best practices in entrepreneurial orientation.Management of energy state corporations should entrench activities and practices the foster entrepreneurial orientation so as to optimize organizational outcomes.Future researchers should focus on other sectors such as health, education, agriculture, water, and the private sectors considering the use of both financial and non-financial attributes of organization performance.
Institution: Kenyatta University
Language: English
Subfield: Management of Technology and Innovation
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4387349192