10 research outputs found
Relationship between Cultural Orientation and Strategy Implementation in Water Service Providers in Western Kenya
No full textInfluence of Inventory Control Practices on Procurement Performance of Public Hospitals in Trans Nzoia County
Get PDFHospitals procure almost all the products that they use for both pharmaceutical and non-pharmaceutical purposes, food items, cleaning agents among others. A significant amount of hospitals’ expenditure goes to purchasing of these items. However, poor inventory control of these products lead to loss, misuse, lack of accountability and poor management of these products. This study looked at the relationship between inventory control practices and procurement performance of public hospitals in Trans Nzoia County with regards to use of economic order quantity, safety stock ordering, first-in-first-out and inventory audit. The main objective of this study was to assess the influence of inventory control practices on procurement performance of public hospitals in Trans Nzoia County. A survey research design was used in this study. The study was conducted in public hospitals in Trans Nzoia County which comprised of Kitale County Hospital, Mt. Elgon Hospital and six sub-county hospitals (Endebes, Kwanza, Cherang\u27any, Saboti, Kapsara and Matunda Sub-County Hospitals). The study employed census as the sampling technique. The sample size for this study was 47 respondents comprising of heads of departments of procurement and stores, their assistants as well as employees working in those departments. A structured questionnaire was used for collecting data. The research instrument was pretested at Kapenguria County Referral Hospital and Chepararia sub-county hospital; West Pokot County. Collected data was analyzed using statistical package SPSS.
Pearson correlation and multiple linear regression were used for inferential analysis. The study found out that the use of economic order quantity had significant influence on procurement performance of public hospitals in Trans Nzoia County. However, EOQ did not take into account changing consumer demand and seasonal changes in inventory costs. Safety stock ordering had significant influence on procurement performance of public hospitals in Trans Nzoia County. Hospitals always had safety stocks of its inventories. Safety stock ordering absorbed the variability of customer demand and was used to protect the hospital from stock-outs caused by inaccurate planning. High level of safety stock ordering led high customer satisfaction. However, high level of safety stock ordering led to high holding costs for the hospitals. FIFO had a positive significant influence on procurement performance of public hospitals in Trans Nzoia County. FIFO resulted in a higher ending inventory and lower cost of inventory. Inventory audit had a positive significant influence on procurement performance of public hospitals in Trans Nzoia County. Inventory audit ensured timely and adequate identification and evaluation of inventories and enabled the hospitals evade risks associated with stock such as unnecessarily high stock levels. The study recommended that hospitals should find a complementary inventory control practice to the use of EOQ which takes take into account changing consumer demand and seasonal changes in inventory costs
Work–Family Conflict and Employee Commitment: The Moderating Effect of Perceived Managerial Support
No full textEffect of Inventory Conversion Period on Liquidity of Equity Securities of Companies at Nairobi Securities Exchange
Get PDFInvestors consider Liquidity of assets as an avenue of finances to the organizations. Illiquidity has led most of the listed companies to run insolvent in that considerable managerial obligations in firms fail to be honoured. Liquidity is considered as the capability with which a security could either be sold or bought at securities exchange. Inventory Conversion period, arises from Working Capital elements which is preferred as relevant on determining the level of cash cycle conversion period which is vital for the organization’s contractual functions both internally and externally. Inventory Conversion Period is an internal function of the organization that provides in-house financial information that assist investors to make decisions over the existence of a firm and how such a firm can be recognized by external investors who would like to associate themselves with the firm. The objective of the study was to examine the effect of Inventory Conversion Period on Liquidity of Equity Securities of Firms listed at Nairobi Securities Exchange. This study considered target population of the entire listed sixty one firms during the closing of the financial year 2016 and embraced a study period of ten years. The study applied panel data that consisted of secondary information for all companies found from publicized audited financial reports. Census technique was used on entire population of companies since it was comparatively moderate and manageable. This study used Descriptive research design anchored on pragmatism philosophy since the design could depict and describe the situation of the population the way it really was. E-views software was applied for descriptive and inferential statistical analysis and on panel data for regression analysis. Findings on Inventory Conversion Period indicated a positive and significant effect on Liquidity of Equity Securities at Nairobi Securities Exchange. This study embraced for proper management of inventory conversion period since improves on Liquidity of Equity Securities of companies listed at Nairobi Securities Exchange. The study recommended for further research on the Inventory Conversion Period and Liquidity of Equity Securities since it was just but one of components of working capital components, hence results could be different when combined with other independent variables and the regressed on Liquidity of equity securities at the securities exchange market.Keywords: Liquidity, Inventory Conversion Period, Firm Size, LiquidityDOI: 10.7176/RJFA/11-22-09Publication date: November 30th 202
THE RELATIONSHIP BETWEEN SELF-MANAGEMENT AND EFFECTIVE LEADERSHIP IN COUNTY GOVERNMENTS IN KENYA
Get PDFPurpose: The main objective of this study was to establish the relationship between self-management and effective leadership in County Governments in Kenya.
Methods: The study adopted descriptive survey research design. The target population of the study was 3,190 County Officials. A stratified sampling technique was used to gather for proper representation of the entire population. Data collection instrument used was a questionnaire. Quantitative data was analyzed statistically yielding frequencies, percentages, means and standard deviations, while inferential statistical tools such as correlation and regression were used to determine and explain variable relations by use of SPSS Version 22 program. Analysis of variance (ANOVA) was used to test for significant differences in three categories of county officers and data were presented in the form of tables, figures and charts.
Results: The results revealed that there was a moderately strong, positive and significant association between self-management and effective leadership. These finding implied that increase in self-management positively resulted to increase in effective leadership. The findings of univariate and multivariate regression analysis further revealed that there is a significant positive relationship between self-management and effective leadership in county governments in Kenya.
Unique Contribution to Theory, Practice and Policy: The study recommended that organisations seeking the hire effective leaders should look out for individuals\u27 self- control, conscientiousness, adaptability and innovativeness which are constructs of self-management that determines effective leadership. Institutions should design experiment during the probation stage where new recruits are evaluated on self-management before being confirmed in leadership position. The organisations should revise their recruitment policies to include self-management measures for senior leadership positions.  
Liquidity Regulation Compliance and Financial Performance of Deposit-Taking Savings and Credit Cooperative Societies.
Get PDFLiquidity regulation is critical for ensuring the financial stability of Deposit-Taking Savings and Credit Cooperative Societies (DT SACCOs) in Kenya, which play a pivotal role in financial inclusion and economic empowerment. This article examines the effect of liquidity regulation on the financial performance of DT SACCOs, emphasizing compliance with the SACCO Societies Act of 2008. The study adopted a descriptive research design and analyzed secondary panel data from audited financial statements of 175 DT SACCOs over five years. Key metrics included cash ratio, loan-to-deposit ratio, and return on assets (ROA). The findings revealed that adherence to liquidity regulation significantly enhances financial performance, as indicated by a positive relationship between liquidity levels and profitability. However, challenges such as governance gaps and resource constraints hinder effective compliance. The study concludes that liquidity regulation improves operational efficiency, safeguards member deposits, and promotes financial stability. It recommends that DT SACCOs prioritize maintaining liquidity above the 15% threshold, adopt robust liquidity management strategies, and leverage regular audits to identify risks. These measures will not only strengthen financial performance but also enhance resilience to economic fluctuations. The findings contribute to understanding the critical balance between regulatory compliance and financial sustainability in the cooperative sector. Keywords: Liquidity Regulation, Financial Performance, Deposit Taking SACCOs. DOI: 10.7176/EJBM/17-3-03 Publication date: April 30th 2025
THE RELATIONSHIP BETWEEN SELF-AWARENESS AND EFFECTIVE LEADERSHIP IN COUNTY GOVERNMENTS IN KENYA
Get PDFPurpose: The main objective of this study was to establish the relationship between self-awareness and effective leadership in County Governments in Kenya.
Methods: The study adopted descriptive survey research design. The target population of the study was 3,190 County Officials. A stratified sampling technique was used to gather for proper representation of the entire population. Data collection instrument used was a questionnaire. Quantitative data was analyzed statistically yielding frequencies, percentages, means and standard deviations, while inferential statistical tools such as correlation and regression were used to determine and explain variable relations by use of SPSS Version 22 program. Analysis of variance (ANOVA) was used to test for significant differences in three categories of county officers and data were presented in the form of tables, figures and charts.
Results: The results of correlation analysis showed that there was a moderately strong, positive and significant relationship between self-awareness and effective leadership. These finding implied that increase in self-awareness positively resulted to increase in effective leadership. This univariate regression results also confirmed that there is a positive linear relationship between self-awareness and effective leadership.
Unique Contribution to Theory, Practice and Policy: The study recommends county government, public institutions and private entity that wish to gain from the significant impact of self-awareness should hire employee with high self-confidence, accurate self-assessment and generally high self-awareness. The organisations should also during the induction process conduct self-awareness evaluation and offers training where necessary. Improving self-awareness of employees with enhance their leadership qualities hence benefiting the organisation
Relationship between Cultural Orientation and Strategy Implementation in Water Service Providers in Western Kenya
Get PDFStrategy implementation is viewed as an integral component of the strategic management process that turns formulated strategies into actionable activities. The purpose of this study was to evaluate how cultural orientation, specifically market-oriented culture, related to strategy implementation in water service providers in Western Kenya. The study was guided by the organizational culture theory. The study adopted a descriptive survey research design. The study population consisted of employees working with Vihiga, Kakamega County and Busia water companies. The study employed a census design and obtained 70 respondents as the unit of analysis. A structured questionnaire was used in data collection. The questionnaire was pilot tested prior to its use in collection of data for the main study. The collected data were analyzed with the help of Statistical Package for Social Sciences programme. Both descriptive and inferential statistics were employed. The study results were presented in form of tables. The study concluded that corporate culture is very important in determining the success of water companies. Market-oriented culture (t = 29.592; p< 0.05was found to be of paramount importance in enhancing strategy implementation in water companies. The study recommended that management of water companies should ensure that the culture embraced by the WSPs does not result in resistance from employees and other stakeholders; so as to ensure that the execution of organizational strategies is not curtailed
Engaged Leadership: Experiences and Lessons from the LEAD Research Countries
Get PDFThis chapter addresses the concept of engaged leadership in the under-researched context of African countries. It provides insights on engaged leadership based on the findings from selected Leadership Effectiveness in Africa and the African Diaspora (LEAD) research countries in Africa. The chapter utilizes qualitative data collected from leaders in business and public sector organizations using the Delphi technique, focus groups, and interviews. The findings from the Delphi technique and focus groups show that leaders who are effective are those that are perceived to be engaging, while the results from the interviews show that both local and foreign leaders view current African leadership styles as less engaging and hence ineffective. This has implications for the practice of management in Africa and similar contexts. Leaders in both business and public organizations need to be engaged to be effective in their leadership roles. Organizations, as well as universities that are involved in leadership development, need to incorporate concepts of engaged leadership in their training curricula in order to develop and foster leadership engagement competencies which would positively impact performance
