ANALYZING SUCCESSION MANAGEMENT PRACTISE IN THE CONTEXT OF ORGANIZATIONAL SURVIVAL: A QUALITATIVE APPROACH

Qualitative data analysis methods are becoming more and more useful in management sciences. In this paper, an attempt is made to qualitatively ascertain the extent to which effective management succession influences organizational survival. An open-ended interview schedule with 15 questions was administered on 15 randomly selected individuals belonging to top, mid and low level management cadre across 5 money deposit banks in Nigeria. Qualitative content analysis was used to carry out coding of the responses. Cohen Kappa (κ) inter-coder reliability test of trustworthiness gave a coding consistency value of 0.86, showing a near-perfect agreement. The final themes generated include; succession ingredients; succession results, and succession checks. It was found that for succession to truly drive an organization towards survival, certain key inputs, otherwise known as ingredients must be in place. Furthermore, the many short-comings in the process of succession must be checked and corrected. If rightly corrected, succession checks could help gain positive results, however, if not carefully monitored, results could be negative

Impact of Organisational Structure on Organisational Performance

This paper examined the impact of organisational structure on organisational performance. An organisation cannot exist without a definite structure. The purpose of organisational structure is the division of work among members of the organisation, and the co-ordination of their activities so they are directed towards the goals and objectives of the organisation. This study used mainly the secondary sources of data collection. The secondary data was sourced through journals, articles, internets and texts books. The findings revealed that organisational structure has an impact on organisational performance. Therefore, it was recommended that organisations should endeavor to have well defined structure in place in order to achieve the set objectives

Review of Organizational Strategy and Structure (1962-2015)

Improving on performance is of greater interest to all organization leaders in today's business environment. Researches relating to large, small and medium sized firms constantly stress a positive link between business strategies, management activities and organizational performance. Because it is often detailed that best business strategies produce outstanding organizational performance. This study used secondary method of data collection to review various empirical literatures on business strategies and their effects on organizational performance. The study was able to ascertain from various literature reviewed that business strategies such as (customer orientation, employee autonomy, communication, training and development job satisfaction, corporate social responsibility, motivational factors) have major role to play in organizational performance. Recognizing the causes of organizational performance is important especially in the perspective of the current global crises because it helps an organization to identify those factors that should be given priority attention in order to improve the organizational performance. Hence, this study recommends that business organizations should adopt appropriate strategies that would enhance adequate organizational performanc

Assessment of Public-Private Partnership on Infrastructural Development in Nigeria: Challenges and Prospects

The era of government singlehandedly providing infrastructural facilities are long gone. Governments all over the world in this new dispensation cooperate with the private sectors in the provision and management of various infrastructural facilities in their respective countries. Based on archives of relevant literatures reviewed, this study focuses on Public Private Partnership (PPP) with respect to its effect on infrastructural development in Nigeria. It sets out to assess the role of this union of convenience on the growth of various infrastructures in Nigeria, with a view to evaluating in specific terms the challenges of the partnership on infrastructural development in Nigeria and to proffer solutions to them. Finding revealed that Public Private Partnerships in Nigeria are faced with challenges ranging from dearth of financing and when such is in place, it carries high interest rate. Another strong challenge hinges on lack of experience in project financing by bank officials and technical expertise. The findings further revealed lack of sound legal and institutional framework as a backing for Public Private Partnership in Nigeria. Despite these challenges, the study finds that the mutual relationship between the Public and Private sector had contributed immensely to the growth of infrastructures in the country as revealed by this reviewed work. The study recommends the establishment of the required regulatory framework for proper implementation of Public Private Partnership projects. Moreover, Nigerian banks through the CBN should be assisted to cope with the financing skills required for PPP

Nigerian Socio-Economic Development: The Roles and Challenges of Small and Medium Entreprises Development Agency of Nigeria (SMEDAN) A Descriptive Perspective

In recent time, no other sector has been given so much attention in Nigeria’s development plans as the small and medium industrial sector. There has been a conscious decision to de-emphasis the capital intensive, large scale industrial projects by the three tiers of government in Nigeria and put more emphasis on small scale enterprises. Small scale enterprises have been observed over the years to have immense potentials for socio-economic development of a nation. The objectives of the paper is to establish the immense potentials of small and medium enterprises (SMEs) in Nigeria, to identify the challenges being faced by SMEs in Nigeria and the roles of Small and medium Enterprises Development Agency of Nigeria (SMEDAN) in addressing these challenges. This reviewed work revealed that SMEDAN is faced with a lot of challenges ranging from inadequate fund, tribalism, nepotism, lack of enlightenment/campaign amongst others. From reviewed of literature, it was found out that SMEDAN has not carried out its roles to a large extent to help alleviate the challenges faced by small and medium enterprises in Nigerians. It is recommended that there should be more awareness about the existence of the agency and it roles, there should be checks and balances to curb corruption etc. These will help the agency to carry out its roles efficiently and effectively so that the small and medium enterprises will have greater impact on the socio-economic development of Nigeria

EMPIRICAL ASSESSMENT OF NEXUS AMONG MARKETING ORIENTATION, ENTREPRENEURIAL ORIENTATION AND FIRM PERFORMANCE

This study was carried out to ascertain the strength of the link among marketing orientation, entrepreneurial orientation and firm performance. The objectives of the study include: to examine the effects of entrepreneurial orientation on the performance of the firm, to examine the degree of the relationship between market orientation and performance of the firm, to determine the effect of entrepreneurial marketing on the performance of the firm, to examine the degree of the relationship between entrepreneurial orientation and market orientation, to determine the effect of entrepreneurial marketing and market orientation, to determine the effect of entrepreneurial marketing and entrepreneurial orientation. The study is restricted to employees of the selected firms. While regression was used to test the four hypotheses for this study. The core findings from the result obtained revealed that entrepreneurial marketing implementation was found to be effective in increasing the company’s market share as well as improving their competitive position in the industry, it was found that entrepreneurial marketing plays a crucial role in achievements of the firm’s performance and marketing goals. It was recommended that entrepreneurial and marketing orientation should be inculcated by employees to promote employee performance thereby culminating into the overall firm performance

INFLUENCE OF DISTRIBUTIVE JUSTICE ON JOB SATISFACTION: A FOCUS ON EMPLOYEES IN NIGERIA PORT AUTHORITY

Arising from the fact that it has become pertinent to establish a research agenda that can guide managerial efforts ethical conducts that will be perceived as workplace or organizational justice, especially with respect to distributive justice, hence, this research is focused on investigating the influence of distributive justice on employees’ job satisfaction. The descriptive survey research design was used for this study. The sample size for this study included three hundred and twenty-five (325) staff of the Nigerian Ports Authority. Using the multiple regression analysis, the study revealed that that distributive justice has significant influence on employees’ satisfaction. Consequently, the study suggested that deliberate effort should be made to install and run a system whereby distribution of outcomes, particularly financial rewards should be performance based and reviewed at regular intervals in light of prevailing socio�economic circumstances

ROLE OF LEARNING ORIENTATION ON SMEs’ PERFORMANCE: EMPIRICAL EVIDENCE FROM SMEs IN NIGERIA

This study set out to investigate the role of learning orientation and SMEs’ performance. A descriptive research design was adopted to gather information from registered SMEs as captured by Corporate Affairs Commission in Nigeria. The data gathered were sourced via the administration of structured questionnaire to 436 owner-managers of SMEs. The study employed the use of standard multiple regression analysis to test the hypothesis. The results from statistical analysis indicates that Among the diverse dimensions of learning orientation that were adopted for this study, the greatest and most significant influence came from new strategy, innovative products and new knowledge sharing. Consequently, the research results points to the fact that SMEs operators and managers should focus on continuous learning that emphasizes the capability of the firm and its members to understand and adapt to the competitions in its chosen product-market through dynamic strategies that can achieve and sustain their firms’ competitive position