Knowledge Management Practices and Family Business Profitability : Evidence from Lagos State, Nigeria

Olubiyi, Timilehin Olasoji

doi:10.12816/0056218

Cited by 4 publications

(3 citation statements)

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“…Olubiyi, Egwakhe, and Akinlabi (2019), Olubiyi, Egwakhe, and Egwuonwu, (2019), Olubiyi, Egwakhe, Amos, and Ajayi (2019), . Olubiyi (2019), , Olubiyi, (2022a), Olubiyi, (2022b), Olubiyi, Jubril, Sojinu, and Ngari, (2022), Ukabi, Uba, Ewum, & Olubiyi, (2023) and Uwem, Oyedele, and Olubiyi, (2021). Olubiyi, Jubril, Sojinu, andNgari, (2022), Olubiyi, (2022), Uwem, Oyedele, and Olubiyi, (2021) with cross-sectional have adopted this method in their respective studies and found it useful.…”

Section: Methodsmentioning

confidence: 99%

Leveraging Competitive Strategies on Business Outcomes Post-Covid-19 Pandemic: Empirical Investigation From Africa

Olubiyi

2023

JMB

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Background: The novel coronavirus has damaged the global economy, and business outcomes such as low profitability, poor sales, and weak market share, including intense competition, are widespread within the business ecosystem; however, competitive strategies have been some of the business decisions in recent times. Aim: The study, therefore, examined the effects of competitive strategies on business outcomes of selected consumer goods companies listed in Nigeria, the most populous and largest economy in Africa. Methods and Sample: The study adopted a survey research design, with a population of 22,466 staff members, comprising regular employees and top- and middle-level managers of twenty consumer goods companies listed on the Nigeria Exchange Group (NGX). The study used a proportionate stratified sampling technique to draw a convenient sample for the analysis. 491 copies of the questionnaire were administered to the respondents, with a response rate of 97.76%. Results: Findings showed that competitive strategies significantly and positively affected business outcomes (Adj. R2 = 0.563; F5/1306 = 337.061, p<0.05). Conclusion: The study recommended that the consumer goods companies often refer to Fast Moving Consumer Goods (FMCG) listed in Nigeria must have a market-development mindset, invest in consumer education, and integrate an efficient supply chain management model.

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Section: Methodsmentioning

confidence: 99%

Leveraging Competitive Strategies on Business Outcomes Post-Covid-19 Pandemic: Empirical Investigation From Africa

Olubiyi

2023

JMB

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“…Olubiyi, Egwakhe, and Akinlabi (2019), Olubiyi, Egwakhe, and Egwuonwu, (2019), Olubiyi, Egwakhe, Amos, and Ajayi (2019), . Olubiyi (2019), ), Olubiyi, (2022a), Olubiyi, (2022b), Olubiyi, Jubril, Sojinu, and Ngari, (2022), Ukabi, Uba, Ewum, & Olubiyi, (2023 and Uwem, Oyedele, and Olubiyi, (2021). From the outset, it was clear to the researchers that given the time available for the study, an effective approach must be found to obtain data from the study population.…”

Section: Methodsmentioning

confidence: 99%

Evaluating Service Quality and Business Outcomes Post-Pandemic: Perspective From Hotels in Emerging Market

Olowoporoku,

Olubiyi

2023

JSAN

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The impact of the novel coronavirus has been severe, and while crises are impossible to predict, they must be anticipated and planned for in business. However, less is known about the preparedness of emerging markets, particularly in the hospitality industry in Nigeria. Therefore this study seeks to situate the service quality debate within the emerging hotel service arena by exploring service quality and business outcomes in selected hotels within the Ogun East senatorial district, Ogun State, Nigeria. The study adopted the survey research design, which is cross-sectional. A convenience sampling technique was adopted in arriving at the respondents. A total of 232 copies of a questionnaire were received from the customers of twenty hotels in six major towns within the Ogun East senatorial district -Ijebu-Ode, Ago-Iwoye, Ijebu-Igbo, Sagamu, Ilishan-Remo, and Iperu-Remo representing 89.3% response rate. The regression analysis was carried out to test the effect of service quality on business outcomes. The main findings of the empirical study show that there is strong support for service quality to improve business outcomes in hotels. Specifically, service quality significantly impacted both competitiveness and brand recognition, the study's two measures of business outcomes. However, taken individually, the study found that tangibility as a factor showed little impact on outcomes but a strong impact on brand recognition. Similarly, service assurance significantly affected business competitiveness but only mildly impacted brand recognition. The distinct effects of service quality and business outcomes post-pandemic in Nigeria were highlighted. It also provided hotel stakeholders and owner-managers with insights on the need to enshrine service quality management in the corporate policies to reduce customer dissatisfaction and poor business outcomes. It is also essential for hotel operators to stay abreast of the current and future needs of an ever-evolving industry and to meet the demands of guests who are becoming more sophisticated. Innovation and originality are essential to the hotel industry's outcome. This is one of the first studies to provide empirical evidence of the relationship between service quality and business outcomes post-pandemic in Nigeria. The results provide new insights into this relationship and may clarify divergent results found in the literature from other climes

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“…On the one hand, as a significant contributor to any economy and the foundation of many emerging and developing nations' economies, small businesses can be agents of poverty reduction, wealth creation, and income redistribution in many developing countries (Olubiyi, 2022). In developing countries, small and medium-sized businesses (SMEs) make up most private-sector businesses and economic activity (Olubiyi, 2020).…”

Section: Introductionmentioning

confidence: 99%

Strengthening gender equality in small business and achieving sustainable development goals (SDGs): Comparative analysis of Kenya and Nigeria

Jubril

Olubiyi

Sojinu

et al. 2022

Econ. manag. sustain.

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Purpose. Many small business owners and entrepreneurs in Africa still see sustainable development goals as a misery. The study investigates whether sustainable development goal number five (5) is being used to motivate gender equality among small and medium-sized enterprises in Africa, particularly in Kenya and Nigeria. The study focuses on female entrepreneurs and female-owned businesses. Design/methodology/approach. A qualitative approach involving semi-structured in-depth interviews was considered with a target population of 110 participants selected from businesses operating in Embakasi East constituency in the Embakasi ward in Nairobi County, Kenya, and in Ikeja Local Government in the Lagos Mainland of Lagos state Nigeria. The primary interview data was gathered from businesses in the manufacturing, services, information technology, transport, trading, and communications sectors. Findings. From the population of 110 participants, the response rate was 90.91%. Results demonstrated that a significant number of women working in SMEs are unaware of the sustainable development goal number five (5) in the two countries despite the United Nations (UN) supporting gender equality globally. The research concludes that there is still a considerable difference between men and women in small and medium-sized SMEs in Africa, and the awareness of sustainable development goals is limited. Research limitations/implications. The restriction of the dataset from a small sample size of women-owned businesses operating in Embakasi East constituency in the Embakasi ward in Nairobi County, Kenya, and in Ikeja Local Government in the Lagos State Nigeria. The research criteria used to choose study participants were unique to the current research; future researchers may consider changing the research criteria and sample size to broaden the study's focus. Practical implications. The study advances empirical research on sustainable development goal number five (5) by offering evidence of its impact on women-owned businesses. Further, the study throws light on the need to the fact that gender equality is necessary and why women should receive funding and mentoring to help them succeed as business owners. Originality/value. The study provides a comparative study with evidence from two countries, Kenya and Nigeria, on sustainable development goal number five (5) and throws light on the relevance of gender equality on business performance as funding and mentoring will assist women-owned businesses. For Africa to flourish and grow economically, gender equality is crucial.

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Knowledge Management Practices and Family Business Profitability : Evidence from Lagos State, Nigeria

Cited by 4 publications

References 0 publications

Leveraging Competitive Strategies on Business Outcomes Post-Covid-19 Pandemic: Empirical Investigation From Africa

Leveraging Competitive Strategies on Business Outcomes Post-Covid-19 Pandemic: Empirical Investigation From Africa

Evaluating Service Quality and Business Outcomes Post-Pandemic: Perspective From Hotels in Emerging Market

Strengthening gender equality in small business and achieving sustainable development goals (SDGs): Comparative analysis of Kenya and Nigeria

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