This study examined the impact of strategic foresight (SF) on the competitive advantage (CA) of SMEs in Anambra State.Research methodology: Survey research design was chosen for the work. The population was 1500, while the sample size was 306 business owners arrived at using Krejcie and Morgan formula. Split-Half technique was used in testing the reliability of the selfstructured questionnaire, and the result obtained was .891. Data were analysed using Simple Regression Technique, and the hypothesis was tested at 5% level of significance. Results: The findings revealed that SF has a relationship with CA (r = .968) while coefficient of determination (R2) indicates that a 92% change in CA is accounted for by changes in SF (R2 = .938; F = 4070.780, p-value < 0.05). Limitation: This study is limited by scope as only SMEs in Anambra State were studied which may not be enough to make an inference. Contribution: This study will help small and medium-sized enterprises to realize the importance of keeping them aware not only of what is happening in their business environment, but also outside of their immediate environment.
This study was necessitated due to rate of employee turnover, which is increasing in Nigeria banking system; a situation whereby employee continuously move from one bank to another in a short period of time. This paper seeks to examine the influence of compensation management on employee retention. It specifically set out to examine the relationship between Salary and Employee satisfaction in selected Commercial banks in Awka. The study employed descriptive research design. Primary source of data was the major instrument used for this study. 60 copies of questionnaire were administered to employees of selected commercial banks (First bank, Fidelity and Sterling bank); 56 were retrieved and they were all useful. Pearson's Product Moment Correlation was used for the analyses. The findings revealed that there is a positive weak relationship between salary and employee satisfaction. This shows that employees were not satisfied despite their seemingly attractive salary. In view of the finding, the study concluded that if management fail to formulate, administer and implement a good compensation policies that would allow them retain their talented employee; these employee might leave their job if they find a better offer elsewhere. The researcher recommended among others that compensation structure should include new and enticing ways to motivate and retain employee with wide range of benefits other than salary.
Purpose: This study examined how small businesses in Africa can use technology to grow and sustain their businesses in a post-Covid-19 world. The paper looked at various digital skills needed by these businesses to navigate and profit from the digital space's massive opportunities. It also ascertained the challenges facing them from keying into the digital ecosystem. The place of technology in the fight against Covid-19 was also highlighted. Research methodology: This study is a qualitative review study. Results: The study concluded that possessing some form of digital skills by business owners and employees could be the difference between a competing and a non-competing organization. Limitations: The work did not use methodology as it is a qualitative review study that limited the study's generalizability. Contribution: This work represents a current work in digital technology and how it relates to pandemic situations and economic challenges, especially in Africa. Keywords: Digital, Technology, Covid-19, Small businesses, Management, Skills
The seeming unending controversy between employers and employees in the workplace which have most often led to some sort of faceoff between both parties necessitated this study which looked at employee rewards and how it impacts on job performance of civil servants in South East of Nigeria. The work was anchored on Victor Vroom’s Expectancy Theory. Descriptive survey design was adopted for the study. The population of the study was 26,741 civil servants from South Eastern States of Nigeria. A sample size of 5136 was arrived at through the application of Borg and Gall method. Data were collected using structured questionnaire and were analyzed using Pearson Product Moment Correlation Coefficient while hypotheses were tested at 0.05 (5%) significance level. The study revealed that there was a statistical significant relationship between employee recognition and performance in civil service in South East of Nigeria (r = .819, p-value < 0.05) and that there was a statistical significant relationship between staff development and employee performance in civil service in South East of Nigeria (r = .586, p-value < 0.05). Sequel to this, it was concluded that reward systems has significant performance implication for civil servants. Following this, it was recommended among other things that it is the duty of government to fashion out best methods of recognizing employees who distinguish themselves while carrying out their assigned tasks and that government needs to always identify training needs of the workers through effective performance appraisal and staff development practices.
The need for organisational effectiveness and efficiency and the desire to gained competitive advantage in the market have made most organisations to place emphasis on continuous quality improvement. Acknowledging the need for quality improvement in meeting the demands of the changing environment therefore necessitated this study, total quality management and performance of selected plastic manufacturing firms in South East, Nigeria. The study employed correlational survey design in an attempt to identify the direction and magnitude of the relationship between studied variables. Copies of structured questionnaire were administered to the sample of two hundred and eighty five (285), out of which, two hundred and seventy (270) copies of the questionnaire were successfully returned, hence used for the analysis. Hypotheses were formulated in line with the objectives and research questions. Pearson Product Moment Correlation Coefficient Via SPSS version 20.0 was employed in testing the hypotheses. The study found a significant relationship between continuous quality improvement and market share (r=0.82) and significant relationship between the use of statistical process control and quantity increase per production run (r=0.84) of the selected plastic manufacturing firms in the South East, Nigeria. From the findings therefore, the study concluded that effective implementation of total quality management will lead to enhanced organisational performance. The study recommended that organisations should pay adequate attention to the implementation of total quality management principles. Trained personnel, who have cognate experience in the use of statistical process control to handle issues relating to their quality control problems should be employed for optimal performance. The implication of this study is that the employment of statistical process control on quality control mechanism eliminates variation in product quality and defective rate to engender products quality that meets the demands of the environment as opposed to inspection methods.
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