Work

Effect of Strategy Implementation on Organizational Performance: the Case of Cooperative Bank of Oromia Nekemte District

Year: 2025
Type: article
Abstract: Advisor KIBIRU TEKALGN (PHD) Candidate This research aims to explore the impact of strategy implementation on organizational performance, focusing on the case of the Cooperative Bank of Oromia S.C. located at the Nekemte town Ethiopia. Utilizing the five dimensions of strategy implementation strategic planning, resource allocation, implementation process, monitoring & adaptation, and financial performance of the study employs both descriptive and explanatory research designs. A sample size of 290 participants was selected. Out of the total target sample of 290 questionnaires distributed to selected employees at the Cooperative Bank's Nekemte district for the study, 261 questionnaires were returned, out of these 29 questionnaires not returned due to delayed responses from the participants. Primary data was collected through structured questionnaires, yielding 261 responses. Descriptive analysis techniques, including mean and standard deviation calculations, were employed alongside multiple linear regression analysis conducted using SPSS software. Additionally, secondary data were collected from the bank's annual fiscal reports, and comparative analysis was performed to complement the primary data findings. The results revealed that the independent variables significantly influence organizational performance, with all five predictor variables demonstrating a significant effect on the Cooperative Bank of Oromia S.C.'s performance. Recommendations for the company include enhancing the strategic planning process, optimizing resource allocation, fostering employee involvement, strengthening feedback mechanisms, and focusing on liquidity management and asset quality. Keywords: Strategic Planning, Resource Allocation, Implementation Process, Monitoring & Adaptation, Financial Performance of an Organization.
Author: BY: LENSA WONDIMU
Language: English
Open Access status: green
OpenAlex ID: W6907173915
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