Role of Focus Strategy in Performance of NHIF Accredited Hospitals in Kenya

Ochodo, Grace K. A.; Oloko, Margaret; Yabs, John

doi:10.5539/ijbm.v15n8p16

Cited by 2 publications

(2 citation statements)

References 5 publications

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“…The current study was conducted in Meru county Kenya and focused on cost restructuring strategy on performance of coffee cooperative societies. There is a strong correlation between cost leadership strategy and organizational performance, according to research by [31] on NHIF-accredited hospitals in Kenya. According to [26], medium-sized mining operations in Taita Taveta County that adopted a cost leadership approach saw significant improvements in their bottom lines as a result.…”

Section: Independent Variable Dependent Variablementioning

confidence: 99%

Effect of Cost Efficiency Restructuring Strategy on Financial Performance of Coffee Cooperative Societies in Meru County

Nkirote,

Kibe

2023

AJEBA

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This study sought to assess the effect of cost efficiency restructuring strategy on organizational performance of coffee cooperative societies in Meru County. The study was guided by the resource based theory. The research targeted top management team in the 42 coffee cooperative societies in Meru County, the study adopted a descriptive research design with a sample size of 121 participants who were the managers of the cooperatives, the study utilized census to get information from the respondents. The data gathering tools were structured questionnaire including both open-ended and closed-ended questions, as well as a quantitative part using a 5-point Likert scale. Quantitative methods which included measures of central tendency and dispersion such as Mean and standard deviation, as well as inferential statistics were used for data analysis and interpretation. The data collected was presented through; Textual method a narrative description of data gathered and Tabular Method a systematic arrangement of information into columns and rows. Finally, SPSS Version 27 was used to process and analyze the collected data, and its results informed the report's discussion, conclusions, and recommendations. The study established that cost efficiency restructuring had a positive significant relationship with the financial performance of coffee cooperative societies in Meru County. The study concluded that elimination of non-profitable products/services and reduction of inventory, improvement of business strategy through innovation management enhances financial performance. The study recommended that the organization should consider purchase of new equipment to cater for most profitable market niche. The current study suggests that further studies should be done that focus on different turnaround strategies on organizational performance

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Section: Independent Variable Dependent Variablementioning

confidence: 99%

Effect of Cost Efficiency Restructuring Strategy on Financial Performance of Coffee Cooperative Societies in Meru County

Nkirote,

Kibe

2023

AJEBA

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“…Ochodo, Oloko and Yabs (2020) study examined focus strategy's role in Kenyan NHIF Accredited Hospitals' performance. The study deployed mixed research design based on causal, 5, Issue 1, 2022, PP 19-43, ISSN 2707-8027 and non-experimental considering quantitative and qualitative techniques, 150 hospitals which were NHIF accredited with a 100 and higher bed capacity as by 2016 July formed the study population.…”

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confidence: 99%

Competitive Strategies and Performance of Selected Cement Companies in Kenya

Atela¹,

Sitienei²

2023

jbmed

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In an organization, performance is affected by various factors. The performance of the cement industry in Kenya has been adversely affected by the challenge of inadequate employee training, inefficiency, not meeting the targets, inadequate employee development and reduced sales volume. Cost leadership, differentiation and focus strategies are used in enhancing the organizational performance. This current study was to determine the influence of competitive strategies on performance of selected Cement Companies in Kenya. The specific objectives were to examine the influence of cost leadership strategy, differentiation strategy and focus strategy on performance of selected Cement Companies in Kenya. Theories guiding the study included; competitive advantage theory, resource based view theory, open systems theory and dynamic capability theory. The current study used descriptive research design. The unit of analysis was 6 Cement Companies in Kenya that included; Bamburi Cement Limited, Mombasa Cement Ltd (MCL), East Africa Portland Cement Company, Savannah Cement Limited ,ARM Cement Limited and National Cement Company . The observation unit was the employees working with these companies. Therefore, the target population was 744 employees. Stratified sampling method was used to group respondents into departments in order to ensure representativeness of all the cases. Simple random sampling method was used to select the respondents. Therefore, the sample size was 260 respondents which represented a 34.9% of the total population. Data was collected using self-administered questionnaire which was on the basis of drop and pick later method. Reliability and validity of research instrument was ascertained. Data was analyzed by using descriptive as well as inferential statistics. The study found that cost leadership strategy, differentiation strategy and focus strategy had a positive significant effect on the performance of cement manufacturing companies. The study concluded that a firm following a cost leadership strategy offers products or services with acceptable quality and features to a broad set of customers at a low price. A differentiation strategy enables firm to create a product/service, which is considered unique in some aspect that the customer values because their needs are satisfied. Focus strategy allows cement companies to concentrate on promotional resources on the sectors that match their quality advantage. The study recommended that the cement companies should diagnose their changing cost of economics all the way from the raw materials stage to the final price paid by the ultimate consumer. Cement companies should exploit different ways to make the products and services unique. The management of cement companies should get to know management of their customers so that they can anticipate what customers want, how they want it, when they want it, and most importantly, how they can solve it for them. The current research would be of significance to the Cement Manufacturing companies’ leadership as it would help them in the management of the firms which would influence greater firms performance.

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Role of Focus Strategy in Performance of NHIF Accredited Hospitals in Kenya

Cited by 2 publications

References 5 publications

Effect of Cost Efficiency Restructuring Strategy on Financial Performance of Coffee Cooperative Societies in Meru County

Effect of Cost Efficiency Restructuring Strategy on Financial Performance of Coffee Cooperative Societies in Meru County

Competitive Strategies and Performance of Selected Cement Companies in Kenya

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