scholarly journals Turnaround Strategies and Their Influence on the Financial Performance of Organizations: A Case Study of Uchumi Supermarkets Ltd-Nairobi County Branches

2016 ◽  
Vol 1 (1) ◽  
pp. 92
Author(s):  
Angelica Mbandu

Purpose: The main purpose of this study was to establish the influence of turnaround strategies on the performance of Organizations: A case study of Uchumi Supermarkets Ltd, Nairobi branches.Methodology: This study employed descriptive case study design. Uchumi supermarkets Ltd, Nairobi branches was the unit of study. This study purposively sampled 35 respondents from the 90 managers at all the management levels with equal representation. This was a 40% representation. This research was conducted through a case study to enable the researcher explore the matter in depth. Primary data was gathered by use of closed ended questionnaires, which were self-administered. A pilot study was conducted in order to establish the validity and reliability of data collection instruments. After data had been collected through questionnaires, it was prepared in readiness for analysis by editing, handling blank responses, coding, categorizing and keying into Statistical Package for Social Sciences (SPSS) computer software for analysis. SPSS was used to produce frequencies, descriptive and inferential statistics which were used to derive conclusions and generalizations regarding the population.Results: The study findings indicated that debt restructuring, change management, asset restructuring are positively and significantly related to performance. The results also indicated that debt restructuring explains 24.6% of performance of Uchumi Supermarkets Limited. The results also indicated that Changes in management explains 45.2% of performance of Uchumi Supermarkets Limited. The results further indicated that asset restructuring explains 21% of performance of Uchumi Supermarkets Limited. The results also indicated that staff rationalization explains 8.2% of performance of Uchumi Supermarkets Limited.Unique contribution to theory, practice and policy: The study recommended that organizations aiming to turnaround and improve their financial performance should include debt restructuring, change management and asset restructuring.  . The study also recommends that Uchumi supermarkets limited should continue with the turnaround strategies like engaging human resource consultants to head hunt for key individuals for managerial positions, having structured and competitive salaries for key managerial positions and implementing performance based bonus pay programs for key staff because they lead to improved performance.

2019 ◽  
Vol 11 (1) ◽  
pp. 17-23
Author(s):  
Ahmad Maulana ◽  
Mukhlis . ◽  
Nurkardina Novalia

This study aims to determine: (1) the effect of Shopping Life Style on impulse buying on customersat Palembang City Hypermarket, (2) the effect of positive emotions on Impulse buying on customers atPalembang City Hypermarket, (3) the effect of Shopping Life Style and positive emotions impulse buying forcustomers at the Palembang City Hypermarket. This study uses primary data obtained by survey methods bydistributing questionnaires that have been tested for validity and reliability. The population in this studywere customers at the Palembang City Hypermarket. The sampling technique used purposive samplingmethod with a total sample of 150 people. The data analysis technique used is path analysis. ShoppingLifeStyle has a significant effect on the Hypermarket impulse buying in Palembang. Positive emotions have asignificant effect on Impulse Buying at Hypermarket consumers in Palembang.


2020 ◽  
Vol 3 (1) ◽  
pp. 275-281
Author(s):  
Muhdar

This study is aimed at analyzing the role of motivation and leadership strategies in improvingthe performance of case study teachers in teachers at SMK Negeri Kalibaru.The data uses primary data and obtained by interview and questionnaire distribution methodwith the population in this study were all Gorvernmentalteachers of SMK Negeri KalibaruBanyuwangi with 38 people as respondents in this study. The analysis includes the instrumenttest that is the validity and reliability test, econometric evaluation or classic assumption testthat is normality test, multicollinearity test and heteroscedasticity test, model suitability testand multiple regression analysis results are obtained: Motivation has a strategic and positiverole on performance. Leadership has a strategic and positive role and is significant toperformance. So from this conclusion, Motivation and Leadership have a strategic role inincreasing teacher performance.From the results of the study, it is expected that schools andprincipals will pay more attention and improve services to teachers in motivating and leadingteachers and providing positive behavior so that teachers can work well, responsible,comfortable and improve school goals in accordance with the vision and mission of theschool.


2021 ◽  
Vol 12 (01) ◽  
Author(s):  
Ndifreke Clinton-Etim ◽  
◽  
Theoneste Manishimwe ◽  
◽  

The rapid population growth and the ongoing globalization of the economies result in increased competitiveness. Customers now prefer organizations’ that do not just meet but also exceed their needs. Vertical Integration (VI) has been used as a vital tool to increase competitiveness by aligning organizational functions and promoting new opportunities through supply chain management. Though, there has been ambiguity in findings on the impact of vertical integration on financial performance worldwide. Hence, the purpose of this study is to provide empirical evidence regarding the impact of vertical integration on financial performance in African emerging economies, a case study of Olam Nigeria Limited. The secondary data was obtained from Olam's cross-sectional financial record between 2010-2018, and the primary data was from 175 respondents out of the 183 questionnaires administered to the employee sample frame. Descriptive statistics and regression analysis were used to analyze the data. The findings indicate a positive impact between the components of vertical integration and financial performance measures in Olam Nigeria Limited. This study is one of the first studies conducted in emerging economies after the International Monetary Fund (IMF) upgraded 9 African countries, including Nigeria. These findings can serve as a strategic, operational guide for business managers who may be considering vertical integration to improve their financial performance. This study also adds to the secondary source on the subject matter in the Nigerian Agribusiness sector, and it reiterates the three theories: transaction cost theory, resource-based theory, and property rights theory. However, the financial performance measurement metrics are limited to Olam's recommended parameters to gauge its progress, and the study did not cover the moderating variables.


Author(s):  
Variyetmi Wira ◽  
Gustati

<p><strong><em>Abstract</em></strong></p><p><em>Developing Koperasi Jasa Keuangan Syariah (KJKS) is a priority program of the city government to reduce poverty though rural micro enterprises empowerment in the area of Padang city by creating KJKS BMT (Koperasi Jasa Keuangan Syariah Baitul Maal Wat Tamwil). The aim of this research is to assess the KJKS BMT capacity based on explorative case study and primary data collection through questionaire distribution to the total sample of 103 KJKS BMT village. The results show that 66% KJKS BMT village have Good capacity and only 5.8% KJKS BMT village have Very Good capacity. Some proposed recommendation to increase capasity are: improving cooperation with other private institutions based on Islamic principles, increasing the KJKS BMT village capital, and managing business risks, particularly in dealing with cases of non financial performance.</em></p><p><strong><strong>Abstrak</strong></strong></p><p>Koperasi Jasa Keuangan Syariah (KJKS) merupakan program prioritas dari pemerintah kota Padang untuk dapat menanggulangi kemiskinan dengan memberdayakan usaha mikro berbasis kelurahan yang kemudian dikenal dengan KJKS BMT (Koperasi Jasa Keuangan Syariah <em>Baitul Maal Wat Tamwil)</em>. Tujuan penelitian adalah menilai kapasitas KJKS BMT dengan metode penelitian exploratif yang bersifat studi kasus dengan mengumpulkan data primer melalui penyebaran kuisioner pada total sampel sebanyak 103 KJKS BMT Kelurahan. Hasil penelitian memperlihatkan bahwa 66% KJKS BMT Kelurahan memiliki kapasitas Baik dan hanya 5,8% KJKS BMT Kelurahan memiliki kapasitas Sangat Baik. Beberapa rekomendasi untuk meningkatkan kapasitas KJKS adalah meningkatkan kerjasama dengan lembaga swasta lainnya berdasarkan prinsip syariah, meningkatkan permodalan KJKS BMT dan mengelola resiko pembiayaan bermasalah.</p><p><strong><br /></strong></p>


Author(s):  
Selly Veronica ◽  
Nurlisa Ginting ◽  
AmyMarisa

Night tourism development comes up as an innovative strategy for tourism development in this current intense competition. There are four main elements in night tourism, namely economic, social, environmental, and night atmosphere. Berastagi is the most popular tourist destination in Karo Regency, Sumatera Utara, Indonesia, which already have night tourism destination but unfortunately undeveloped yet. Night tourism development in Berastagi must be with the local wisdom approach to maximize its benefit. Karonese as the majority ethnic of the local community in this area potential to be developed on its night tourism. This paper only analyzes the environmental and night atmosphere aspects in Berastagi’s night tourism, which based on local wisdom. Qualitative primary data from field observation and depth interview results have been analyzed by using the descriptive method. The study shows that involving local wisdom in developing the environment and night atmosphere can give the typical identity for the night tourism in Berastagi.Night Tourism


GIS Business ◽  
2019 ◽  
Vol 14 (6) ◽  
pp. 133-145
Author(s):  
Dr. S. S. Nirmala ◽  
Dr. N. Kogila ◽  
T. Porkodi

The present study is focusing on the professional stress on organisation among the Junior Commissioned Officers (JCOs) and Non-Commissioned Officers (NCOs) of Indian Military Intelligence. 384 samples of Military Intelligence personnel will be taken for this study. Sources of data is Primary data include a structured questionnaire. Data was collected through structured questionnaire and measure through Likert’s scale, using KMO measure of sampling adequacy, Cronbach’s alpha for checking internal consistency, Bartlett sphericity test for testing the null hypothesis and various factor analysis including Eigenvalues, Extract square Sum loading, variance percent and Accumulation percent values relative comparison and Correlation matrix will be used as tools to arrive at desired results and statistical interpretations. The hypotheses put for test and the resultant values at 0.01 and 0.05 (for different factors) clearly indicated that there is an existence of association between different level of cadres and professional stress among personnel of Indian Military Intelligence. The authority who can formulate the rules and regulations and binding them on the lower cadres and professions to accept and adopt.


Author(s):  
Guangyu Xiong ◽  
Huaiyu Wu ◽  
Petri Helo ◽  
Xiuqin Shang ◽  
Gang Xiong ◽  
...  

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