Management Awareness and Strategies for the Contemporary African Manager of Organizations

This paper addresses a topical issue: management awareness and strategies for the contemporary African manager. The overall aim of the work is to provide a framework for improved management practices for the manager and the intervener in both private and public sectors. This frame-work is not limited to the African manager but has a wider application for other managers of organizations. In pursuant of this objective, relevant key management concepts are explored and discussed bearing in mind that the subject of management is a dynamic and universal phenomenon. Emphasis is placed on the features of the endowed person and the potentials of the human being as the manager and as the most effective contributor to organizational life.The identified concepts and their properties are interwoven. Other highlights are: (i) the universality in the applications or practices of management; (ii) the peculiarity in the applications and practices of management in different environments or social settings; (iii) management practices, problems and prospects in the African settings (See Table I). Cases cited and examples drawn are meant inter alia to strengthen the objectives of the study

Concise Adoption of Generic Business Strategies, Virtues for Accomplishing: Corporate Mission in Multinational Firms in Nigeria

This study considered the concise adoption of generic business strategies in the accomplishment of corporate mission in multinational firms in Nigeria. Several attributes based on the resource and competence-based theories and models informed the nature of the study. Quantitative explanatory cross-sectional design was adopted using primarily the structured instrument designed on a 5-point Likert scale. Probability and non-probability sampling techniques were engaged in sampling 275 respondents from the multinational firms.The data obtained were analyzed using both descriptive statistics and regression analysis. The findings revealed that the generic business strategies have signify cant predictors of corporate mission accomplishment. Findings also revealed that there was positive significant influence between concise generic business strategies and firms’ productivity.This paper recommended a mandatory and thorough environmental scanning in order to select the appropriate business stratagem to be implemented in achieving the precise aspects of the corporate mission

Concise Adoption of Generic Business Strategies, Virtues for Accomplishing:Corporate Mission in Multinational Firms in Nigeria

This study considered the concise adoption of generic business strategies in the accomplishment of corporate mission in multinational firms in Nigeria. Several attributes based on the resource and competencebased theories and models informed the nature of the study. Quantitative explanatory cross-sectional design was adopted using primarily the structured instrument designed on a 5-point Likert scale. Probability and non-probability sampling techniques were engaged in sampling 275 respondents from the multinational firms. The data obtained were analyzed using both descriptive statistics and regression analysis. The findings revealed that the generic business strategies have signify cant predictors of corporate mission accomplishment. Findings also revealed that there was positive significant influence between concise generic business strategies and firms’ productivity.This paper recommended a mandatory and thorough environmental scanning in order to select the appropriate business stratagem to be implemented in achieving the precise aspects of the corporate mission

The Role of Business Strategy in Accomplishing Organization Mission in Nigerian Manufacturing Companies

The imperativeness of strategic alignment in attaining organizational objectives have become critical in this contemporary business age. The study examined the role of Business Strategy on Mission Accomplishment of Manufacturing companies with a major focus on mission statements of two multi-national companies in Nigeria. Probability and non probability sampling techniques were adopted. In the first stage, the two multinational companies were purposively selected among the list of registered manufacturing companies while in the second stage, a simple random sampling procedure was employed to draw participants from the organizations. A total sample of 384 participants was planned by the sampling procedure, however, only 291 participants were successfully interviewed. From the analysis, it was asserted that the employment of business strategy enhances organizational mission irrespective of the type, ownership, management and size of the organization. In addition, there is need for a thorough environmental scanning in order to select the appropriate business strategy to be adopted in accomplishing the specific aspect of the organization`s mission

Effects of Subcontracting on Modern Day Organizations

Many small businesses hire subcontractors to assist with a wide variety of functions. Subcontracting is a business strategy which came about in Nigeria as an outfall of the practices that were inherent in the industrial sector of the 1960s and 1970s. The adoption of subcontracting to most business organizations in advanced nations has been acknowledged to help such organisations attain organisational goals and aids economic growth and development. Empirical literature in Nigeria reported that the concept is not fully adopted despite emergence of manufacturing and services firms as a result of thriving economy. This study investigates the awareness, adoption and impact of the subcontracting strategy among business organizations in Nigeria. Quantitatively designed questionnaires were distributed to 120 respondents from selected manufacturing and service organisations around Lagos. A Multiple Regression Analysis was carried out to investigate the push and pull factors to subcontracting which could help to find out the decision of organisations to subcontract. Results from the Multiple Regression Analysis reported various levels of significance after testing H1-H4. However, the Pearson Correlation also reported different shared variance figures which is the amount of correlation that exists between both the push and pull factors to the subcontracting decision. However, results from analysis finds that majority of the respondents agreed that subcontracting has indeed assisted the company in realizing positive growth. This study has stirred up the need for a more detailed effort in the use of subcontracting as a tool for success in business activities even in light of the current waves of global financial crisis

Effects of Subcontracting on Modern Day Organizations

Many small businesses hire subcontractors to assist with a wide variety of functions. Subcontracting is a business strategy which came about in Nigeria as an outfall of the practices that were inherent in the industrial sector of the 1960s and 1970s. The adoption of subcontracting to most business organizations in advanced nations has been acknowledged to help such organisations attain organisational goals and aids economic growth and development. Empirical literature in Nigeria reported that the concept is not fully adopted despite emergence of manufacturing and services firms as a result of thriving economy. This study investigates the awareness, adoption and impact of the subcontracting strategy among business organizations in Nigeria. Quantitatively designed questionnaires were distributed to 120 respondents from selected manufacturing and service organisations around Lagos. A Multiple Regression Analysis was carried out to investigate the push and pull factors to subcontracting which could help to find out the decision of organisations to subcontract. Results from the Multiple Regression Analysis reported various levels of significance after testing H1-H4. However, the Pearson Correlation also reported different shared variance figures which is the amount of correlation that exists between both the push and pull factors to the subcontracting decision. However, results from analysis finds that majority of the respondents agreed that subcontracting has indeed assisted the company in realizing positive growth. This study has stirred up the need for a more detailed effort in the use of subcontracting as a tool for success in business activities even in light of the current waves of global financial crisis