Correction: Mohammad et al. User Authentication and Authorization Framework in IoT Protocols. Computers 2022, 11, 147

Mohammad, Ammar; Al-refai, Hasan; Alawneh, Ali

doi:10.3390/computers11120168

Cited by 1 publication

(2 citation statements)

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“…Effective strategy formulation involves aligning organizational goals with market opportunities and competitive advantages, which can impact financial metrics through improved resource allocation, innovation, and market positioning (Mashingaidze and Chinakidzwa, 2021). Non-financial performance measures, such as stakeholders' satisfaction and employee engagement, are positively influenced when the formulated strategy addresses stakeholders' needs and aligns with the organization's values (Mohammad, et al, 2019). However, the lack of significance in the relationship between strategy implementation and performance could be attributed to factors like implementation challenges, unforeseen external influences, and the complexity of translating formulated strategies into actionable operational plans (Njagi and Kombo, 2014).…”

Section: Discussionmentioning

confidence: 99%

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Strategic Implications on Institutional Performance in Higher Learning: Case of Uganda Management Institute (Umi)

D. Walugembe,

K. Osunsan,

Kiyemba

2023

IJMSSSR

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The study explored the relationship between strategy formulation, implementation, and performance in the context of higher education institutions, focusing on the Uganda Management Institute (UMI). Guided by three objectives: (i) to determine the relationships between strategy formulation and performance (financial and non-financial), (ii) to determine the relationship between strategy implementation and performance (financial and non-financial), and (iii) to determine the difference between strategy formulation and strategy implementation; 37 stakeholders including senior management, academic and administrative employees, students and alumni leaders at UMI provided data for the study using a purposive sample approach to the respondents. The data analysis employed Pearson's correlation and ANOVA tests to assess the relationships between strategy formulation, implementation, and performance. The findings reveal a statistically significant positive correlation between strategy formulation and performance and a non-significant correlation between strategy implementation and performance. The study further confirmed that there was a significant difference between strategy formulation and strategy implementations. Conclusions were drawn and recommendations given with regards to bridging the gap between the two aspects of strategy.

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Section: Discussionmentioning

confidence: 99%

“…With the exceptions of studies such as these most study confirm the positive effect and influence of strategy formulation on performance. Such is the case with Mohammad, et al, (2019) who indicated that formulation of good strategy improved performance of small and medium size enterprise.…”

Section: Independent Variablementioning

confidence: 97%