Assessing Change Management and Performance of Selected Banks in Anambra State, Nigeria

The continuous resistance to change by employees has resulted in survival problem of Banks as the banking industry seems to experience technological and environmental change. In view of this, this study determined the relationship that exists between change management and selected Banks in Anambra State. The study adopted descriptive survey research design and Purposive Sampling Technique was used to select 3 notable banks operating in the major cities of Anambra State that is Nnewi, Awka and Onitsha, these banks Include; branches of Fidelity Bank Plc, Access Bank Plc, and Eco Bank plc, operating at Awka, Onitsha and Nnewi, Anambra State. Data were collected from 162 respondents with the aid of structured questionnaire. Personal Data of respondents were presented using simple frequency and percentage tables. Data relating to research questions were analyzed using Descriptive Statistics (Arithmetic Mean). Hypotheses were tested using Pearson Product Moment Correlation Coefficient with the aid of Statistical Packages of Social Science (SPSS version 23). Findings revealed that there is significant relationship between change management and organizational performance of selected Banks in Anambra State by indicating positive relationship between internal communication and business sustainability; positive relationship between employee development and business competitiveness; the study concluded that change management is a remedy to employee resistance to change. The study recommended that management should adopt supportive approach while introducing change into the organization

Entrepreneurial Orientation and Performance of Selected Smes in Awka South, Anambra State, Nigeria

The growing significance of entrepreneurial orientation cannot be overemphasized in view of its contributions to the economic growth of the State. In Nigeria, Small scale businesses are faced with challenges aligned with implementation of entrepreneurial Orientation practices resulting to poor growth and lack of sustainability. This study examined the relationship between Entrepreneurial orientation and the Performance of SMEs in Awka South, Anambra State. The study adopted survey research design. Primary data were used to carry out the study. A population of 100 SMEs was obtained and taro yamane was applied to ascertain a sample size of 80. Pearson's Product Moment Correlation Coefficient was used to test the hypotheses. Findings revealed that there is a significant relationship between Innovativeness on market share and SMEs performance; there is a significant relationship between competitive aggressiveness on sales volume and SMEs performance. They study concluded that entrepreneurial orientation plays a crucial role in determining the performance of SMEs and recommends that every small and medium enterprises needs to embrace Innovativeness for effective performance, find out the enterprises weaknesses and identify the secret behind other progressing enterprises in the same line of business and apply such in their own business in order to sustain the life of their businesses and achieve increased market share and also, there is need for owners of SMEs to understand that maintaining a well monitored competitive aggressiveness is very vital to the life of the business

Era of Disruptions Entrepreneurs’ Experiences and Challenges on Business Sustainability in Nigeria

Entrepreneurship disruptions have become a pervasive and transformative force in today's global business landscape. These disruptions are characterized by the rapid and often unpredictable changes that impact the way entrepreneurs conceive, launch, and operate businesses. In the modern era, the rapid pace of technological advancement and the rise of disruptive innovations have presented a significant challenge for entrepreneurs and established businesses alike. As entrepreneurs strive to identify and leverage disruptive opportunities, they face complex issues related to market dynamics, economic instability resource allocation, and competitive pressures. Moreover, the ever-accelerating rate of disruption necessitates a deeper understanding of how entrepreneurs can effectively navigate these challenges while staying innovative and sustainable. This study seeks to identify and analyse the experiences and challenges faced by businesses in their pursuit of sustainability during this disruptive era. Data were generated via the internet, newspapers, newsletters, libraries and other documented materials pertinent to the study. Findings revealed that there is a positive relationship between entrepreneurship disruptions and business sustainability in Nigeria. To fully harness disruptive entrepreneurship and achieve sustainability, regulatory reforms, technological advancements, changing consumer behaviour, infrastructure development, and increased access to funding are crucial. Consequently, to address these challenges and promote sustainability, it is imperative to conduct a comprehensive analysis of the experiences and challenges faced by businesses and individuals in the disruption era, businesses in Nigeria need to adopt innovative solutions, and collaborate with relevant stakeholders while keeping a close eye on regulatory changes and global trends

Assessing Change Management and Performance of Selected Banks in Anambra State, Nigeria

The continuous resistance to change by employees has resulted in survival problem of Banks as the banking industry seems to experience technological and environmental change. In view of this, this study determined the relationship that exists between change management and selected Banks in Anambra State. The study adopted descriptive survey research design and Purposive Sampling Technique was used to select 3 notable banks operating in the major cities of Anambra State that is Nnewi, Awka and Onitsha, these banks Include; branches of Fidelity Bank Plc, Access Bank Plc, and Eco Bank plc, operating at Awka, Onitsha and Nnewi, Anambra State. Data were collected from 162 respondents with the aid of structured questionnaire. Personal Data of respondents were presented using simple frequency and percentage tables. Data relating to research questions were analyzed using Descriptive Statistics (Arithmetic Mean). Hypotheses were tested using Pearson Product Moment Correlation Coefficient with the aid of Statistical Packages of Social Science (SPSS version 23). Findings revealed that there is significant relationship between change management and organizational performance of selected Banks in Anambra State by indicating positive relationship between internal communication and business sustainability; positive relationship between employee development and business competitiveness; the study concluded that change management is a remedy to employee resistance to change. The study recommended that management should adopt supportive approach while introducing change into the organization

Assessing Change Management and Performance of Selected Banks in Anambra State, Nigeria

The continuous resistance to change by employees has resulted in survival problem of Banks as the banking industry seems to experience technological and environmental change. In view of this, this study determined the relationship that exists between change management and selected Banks in Anambra State. The study adopted descriptive survey research design and Purposive Sampling Technique was used to select 3 notable banks operating in the major cities of Anambra State that is Nnewi, Awka and Onitsha, these banks Include; branches of Fidelity Bank Plc, Access Bank Plc, and Eco Bank plc, operating at Awka, Onitsha and Nnewi, Anambra State. Data were collected from 162 respondents with the aid of structured questionnaire. Personal Data of respondents were presented using simple frequency and percentage tables. Data relating to research questions were analyzed using Descriptive Statistics (Arithmetic Mean). Hypotheses were tested using Pearson Product Moment Correlation Coefficient with the aid of Statistical Packages of Social Science (SPSS version 23). Findings revealed that there is significant relationship between change management and organizational performance of selected Banks in Anambra State by indicating positive relationship between internal communication and business sustainability; positive relationship between employee development and business competitiveness; the study concluded that change management is a remedy to employee resistance to change. The study recommended that management should adopt supportive approach while introducing change into the organization

Era of Disruptions: Entrepreneurs’ Experiences and Challenges on Business Sustainability in Nigeria

Entrepreneurship disruptions have become a pervasive and transformative force in today's global business landscape. These disruptions are characterized by the rapid and often unpredictable changes that impact the way entrepreneurs conceive, launch, and operate businesses. In the modern era, the rapid pace of technological advancement and the rise of disruptive innovations have presented a significant challenge for entrepreneurs and established businesses alike. As entrepreneurs strive to identify and leverage disruptive opportunities, they face complex issues related to market dynamics, economic instability resource allocation, and competitive pressures. Moreover, the ever-accelerating rate of disruption necessitates a deeper understanding of how entrepreneurs can effectively navigate these challenges while staying innovative and sustainable. This study seeks to identify and analyse the experiences and challenges faced by businesses in their pursuit of sustainability during this disruptive era. Data were generated via the internet, newspapers, newsletters, libraries and other documented materials pertinent to the study. Findings revealed that there is a positive relationship between entrepreneurship disruptions and business sustainability in Nigeria. To fully harness disruptive entrepreneurship and achieve sustainability, regulatory reforms, technological advancements, changing consumer behaviour, infrastructure development, and increased access to funding are crucial. Consequently, to address these challenges and promote sustainability, it is imperative to conduct a comprehensive analysis of the experiences and challenges faced by businesses and individuals in the disruption era, businesses in Nigeria need to adopt innovative solutions, and collaborate with relevant stakeholders while keeping a close eye on regulatory changes and global trends

Era of Disruptions: Entrepreneurs’ Experiences and Challenges on Business Sustainability in Nigeria

Entrepreneurship disruptions have become a pervasive and transformative force in today's global business landscape. These disruptions are characterized by the rapid and often unpredictable changes that impact the way entrepreneurs conceive, launch, and operate businesses. In the modern era, the rapid pace of technological advancement and the rise of disruptive innovations have presented a significant challenge for entrepreneurs and established businesses alike. As entrepreneurs strive to identify and leverage disruptive opportunities, they face complex issues related to market dynamics, economic instability resource allocation, and competitive pressures. Moreover, the ever-accelerating rate of disruption necessitates a deeper understanding of how entrepreneurs can effectively navigate these challenges while staying innovative and sustainable. This study seeks to identify and analyse the experiences and challenges faced by businesses in their pursuit of sustainability during this disruptive era. Data were generated via the internet, newspapers, newsletters, libraries and other documented materials pertinent to the study. Findings revealed that there is a positive relationship between entrepreneurship disruptions and business sustainability in Nigeria. To fully harness disruptive entrepreneurship and achieve sustainability, regulatory reforms, technological advancements, changing consumer behaviour, infrastructure development, and increased access to funding are crucial. Consequently, to address these challenges and promote sustainability, it is imperative to conduct a comprehensive analysis of the experiences and challenges faced by businesses and individuals in the disruption era, businesses in Nigeria need to adopt innovative solutions, and collaborate with relevant stakeholders while keeping a close eye on regulatory changes and global trends

The practice of inclusive representation in Nigeria bureaucracy: The federal character principle experience

This paper reviews the application of federal character principle (FCP) in Nigerian civil service for inclusive representation and national unity. It draws on case studies and empirical works on the exacerbated disunity, persistent primordial sectional loyalty over national loyalty. It adopts face-to-face interviews, documentary and thematic analyses. Findings reveal that FCP has negative effects on Nigerian bureaucracy following the way it has been applied. It illustrates how inter-ethnic rivalry and national disunity continue unabated because of governance issues associated with representative bureaucracy. A number of research priorities linking inequalities between federating units are identified for the immediate attention of researchers whose research interest areas may include practice and the future of Nigeria bureaucracy. The paper, however, argues for sound governance model as a substitute for FCP. It highlights the components of sound governance model to include citizen active participation, collaboration, network, equity, stronger regulations, etc. Its implications for public trust, equity and public-service diversity management and national unity in Nigeria's democratic governance were equally highlighted

Choice of antipsychotic treatment by European psychiatry trainees: are decisions based on evidence?

Background: Little is known about the factors influencing treatment choice in psychosis, the majority of this work being conducted with specialists (consultant) in psychiatry. We sought to examine trainees' choices of treatment for psychosis if they had to prescribe it for themselves, their patients, and factors influencing decision-making. Methods: Cross-sectional, semi-structured questionnaire-based study. Results: Of the 726 respondents (response rate = 66%), the majority chose second-generation antipsychotics (SGAs) if they had to prescribe it for themselves (n = 530, 93%) or for their patients (n = 546, 94%). The main factor influencing choice was perceived efficacy, 84.8% (n = 475) of trainees stating this was the most important factor for the patient, and 77.8% (n = 404) stating this was the most important factor for their own treatment. Trainees with knowledge of trials questioning use of SGAs (CATIE, CUtLASS, TEOSS) were more likely to choose second-generation antipsychotics than those without knowledge of these trials (chi(2) = 3.943; p = 0.047; O.R. = 2.11; 95% C.I. = 1.0-4.48). Regarding psychotherapy, cognitive behavioural therapy (CBT) was the most popular choice for self (33.1%; n = 240) and patient (30.9%; n = 224). Trainees were significantly more likely to prefer some form of psychotherapy for themselves rather than patients (chi(2) = 9.98; p < 0,002; O.R. = 1.54; 95% CIs = 1.18-2.0). Conclusions: Trainees are more likely to choose second-generation antipsychotic medication for patients and themselves. Despite being aware of evidence that suggests otherwise, they predominantly base these choices on perceived efficacy