The usefulness of strategic planning in a turbulent economic environment: a case of Zimbabwe during the period 2007‐2009

Mufudza, Tsitsi; Jengeta, Mirriam; Hove, Precious

doi:10.1108/17515631311295686

Cited by 10 publications

(2 citation statements)

References 10 publications

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“…Zimbabwe experienced very extreme economic hardships leading to rising poverty levels, high levels of unemployment, the decline of the provision of basic public services and financial crisis which culminated into inadequate provision of learning infrastructural facilities, delayed/nonpayment of salaries and bonuses, strike actions and lack of commitment to work among staff members at universities (Mufudza et al, 2013;Mutambara & Chinyoka, 2016).…”

Section: Background To the Studymentioning

confidence: 99%

The challenges of revenue generation in state universities: The case of Zimbabwe

Chinyoka

Mutambara

2020

Cogent Social Sciences

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The study examined the challenges on revenue generation among state universities in Zimbabwe. The situation at state universities is unbearable because of rising inflation, worsening economic and political challenges facing Zimbabwe for close to three decades without any sign of improvement. A case study approach was used to purposively select twelve (12) participants drawn from the two urban state universities. Two university financial directors and 10 senior members of staff from the selected universities were interviewed. An inductive approach to analysing the responses allowed themes and categories to emerge. The study established that the current legislation, macroeconomic and political environment, reduction in government support and diminishing grant funding were noted as major barriers to revenue generation among state universities in Zimbabwe. On the way forward, there is need for the universities to be given the autonomy to determine their own fees and activities. University administrators need to be resolute, innovative, determined and creative.

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Section: Background To the Studymentioning

confidence: 99%

The challenges of revenue generation in state universities: The case of Zimbabwe

Chinyoka

Mutambara

2020

Cogent Social Sciences

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“…Mboko & Smith (2009) found that Zimbabwe SMEs were in their early stages of strategy formulation and were not likely to use strategic planning tools. Mufudza et al, (2013) noted that organizations adopting strategies from other organizations does not factor in long run benefits but rather focuses on matters that solve current situations. Dobni et al, (2001) found out that executives were not able to take strategy from boardrooms to the business environment playing field.…”

Section: Empirical Reviewmentioning

confidence: 99%

Influence of Strategy Formulation on Performance of State Corporations in Kenya

MAINA,

NJERU,

MUNGA

2020

strategicjournals.com

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The main objective of this study was to establish the influence of strategy formulation on performance of State Corporations in Kenya. This was supported by four specific objectives derived from operationalization of strategy formulation. Target population comprised of managers of 187 State Corporations. A sample of 77 managers was picked. Primary data was collected by using questionnaires. Descriptive statistics was used in preliminary analysis of data. Inferential statistics was used to establish predictive equation and tests its combined and individual significance. Results revealed that in terms of leadership, top management makes decisions in consultation with employees and there is delegation of authority and responsibility. It was revealed that in terms of mission and vision the organization possessed a formal mission to pursue its objectives and also organization focused on what really matters to the stakeholders. Firm resources indicated that firm are a learning organization and has a well understood culture by employees embedded in values. Environmental scanning key aspects were ethic and tribal inclinations, cultural practices and management uses various sources of information to scan the environment and level of annual budget allocation to the organization and population growth rate. The predictive model was fit for prediction as the explanatory power was 81.2 percent. The predictive model was both overall and individually significant. Environmental scanning had the highest positive influence on performance followed by leadership which had negative influence on performance, firm resources have positive influence on mission and vision statement. The study concluded that State Corporations need to embrace leadership, mission and vision, resources and environmental scanning so as to improve their performance. The established predictive model should be used for foresting performance in State Corporations. More emphasis should be placed on environmental scanning and leaderships as they are key indicators of strategy formulation. Manager should embrace strategy formulation so that firm performance could be improved. Policy makers should put more emphasis on strategy formulation aspect as it has important impact on firm performance. Comparable studies should be carried out in other sectors and results be compared for generalization purposes.

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What Is Strategic Management and Why Do We Need It: Theoretical Foundations of Strategic Management

Schühly

2022

MIR Series in International Business

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The usefulness of strategic planning in a turbulent economic environment: a case of Zimbabwe during the period 2007‐2009

Cited by 10 publications

References 10 publications

The challenges of revenue generation in state universities: The case of Zimbabwe

The challenges of revenue generation in state universities: The case of Zimbabwe

Influence of Strategy Formulation on Performance of State Corporations in Kenya

What Is Strategic Management and Why Do We Need It: Theoretical Foundations of Strategic Management

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