INFLUENCE OF STRATEGIC LEADERSHIP ON EFFECTIVE STRATEGY IMPLEMENTATION AMONG SAVINGS AND CREDIT CO-OPERATIVE SOCIETIES IN KENYA
Keywords:
Strategic leadership, strategy, strategy implementationAbstract
Purpose: The purpose of the study was to investigate the influence of strategic leadership on effective strategy implementation among SACCOs in Kenya.
Methodology: The study used survey research applying both quantitative and qualitative research methodology. The target population was all the 176 deposit taking SACCOs in Kenya. The study used simple random sampling to select respondents and a sample size of 192 respondents obtained. Questionnaires were used to collect data. Descriptive analysis, Content analysis, analysis of variance (ANOVA), Pearson correlation, multicollinearity tests and multiple regressions were used in analyzing the data.
Results: Strategic leadership had a positive and significant influence with effective strategy implementation;
Unique contribution to theory, practice and policy: Many people believe that formulating an innovative and unique strategy is critical and by itself sufficient to lead an organization to success in today's business world. In an era of technological explosion, progress rigor, and knowledge, centric work cultures, strategic initiatives alone can catapult a firm to market leadership.
Keywords: Strategic leadership, strategy, strategy implementation
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