Strategy Implementation at Kakamega Teachers Savings and Credit Cooperative Society, Kenya

Avigoke, Simiyu Petronilla; Auma, Odero Faith; Ng’ong’a, Aketch E.

doi:10.6007/ijarbss/v9-i7/6100

Cited by 2 publications

(2 citation statements)

References 7 publications

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“…Co-operatives ensure there is inclusive growth in the society as they create opportunity for all (OECD, 2014). Some of the challenges experienced by SACCO's include inadequate resources, absence of IT skills, lack of IT equipments, outdated information technology, change resistance, unsupportive culture, poor communication and absence of a reward policy (Avigoke, Auma and Ng'ong'a, 2019). Njenga, Kiragu and Opiyo (2015) portended that SACCOS served 81% of Kenyans who relied on the SACCO's resource mobilization.…”

Section: Introductionmentioning

confidence: 99%

Competitor Orientation and Innovation: Kenyan Deposit Taking Sacco Experience

ODERO,

EGESSA,

MACHUKI

2024

OJBE

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The study sought to examine the influence of competitor orientation on innovation in Kenya’s Deposit Taking SACCO’s. The study adopted descriptive survey research design and targeted 49 respondents drawn from all the 7 Kenyan deposit taking SACCO’s in western region. A census study was considered. Structured questionnaires and an interview schedule were used to collect data. Data was analyzed using descriptive and inferential statistics. The data was presented in a tabular form. Simple linear regression results indicated that competitor orientation accounted for 51.4% of variance in innovation (R2 = .514) and was statistically significant (F=40.207 β=.554, t=6.341, p<0.01. The study recommends that Deposit Taking Sacco managers’ should pay keen interest on their competitors so as to get information on their strategies, strengths and weaknesses as this may assist in bolstering innovation. The paper contributes to scholarly debate on the influence competitor orientation plays in enhancing innovation in Kenya’s Deposit Taking Sacco’s.

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Section: Introductionmentioning

confidence: 99%

Competitor Orientation and Innovation: Kenyan Deposit Taking Sacco Experience

ODERO,

EGESSA,

MACHUKI

2024

OJBE

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“…The study's conclusions showed that Sacco faced several obstacles when carrying out its plan. Inadequate resources, insufficient access to resources, a lack of knowledge, resistance to change, an unwelcoming culture, poor communication, and a lack of a reward system are a few of them (Avigoke & Petronilla, 2013). The institution has experienced difficulty in knowing the weaknesses of its cooperative.…”

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confidence: 99%

Understanding Management Practices of Selected Credit Cooperatives in Cavite: A Microanalysis Study

Rosario

Mendrez

Abug

2023

IJMABER

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The researchers conducted this study focusing on credit cooperatives, which are common in the community. The study aimed to determine the participants' business profile in terms of length of operation and number of members. It also aimed to determine the management practices and the challenges encountered by the participants in terms of planning, commanding, coordinating, and, controlling. The study used a descriptive method, and purposive sampling comprised participants in Cavite. The findings revealed that most participants have been operating above 20 years and have over 500 members. The management practices of most participants formulate a plan based on the resources available and have a flexible, continuous, relevant, and accurate method of their cooperative. Moreover, the participants supervised their members and motivated them to achieve their goals, adhere to policies, and treat them according to cooperative standards. Most of the participants hold meetings addressing matters of common interest. Lastly, most participants ensure that the cooperative activities align with its policies and objectives. The challenges encountered by the participants were developing a short-term plan and experiencing failure despite having a good plan. Most participants needed clarification, commands, and instructions. Finally, most participants have had trouble in knowing the weaknesses of its cooperative and often experienced dynamic plans. Moreover, the researchers provide solutions to address the participant's challenges.

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Strategy Implementation at Kakamega Teachers Savings and Credit Cooperative Society, Kenya

Cited by 2 publications

References 7 publications

Competitor Orientation and Innovation: Kenyan Deposit Taking Sacco Experience

Competitor Orientation and Innovation: Kenyan Deposit Taking Sacco Experience

Understanding Management Practices of Selected Credit Cooperatives in Cavite: A Microanalysis Study

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