Organizational Structure, in the Context of Change Management and Performance of Companies Listed in Nairobi Securities Exchange in Kenya

Abstract

Companies listed in Nairobi Securities Exchange are faced with difficulties in adopting flexible and effective organizational structures that are capable of realigning the business processes/operations in change management processes for a more efficient, effective response to the turbulent and changing business environment. This study sought to determine the extent to which organizational structure in the context of change management affects performance of companies listed in NSE in Kenya. This study anchored on pragmatism philosophy, adopted a cross sectional survey and correlational research designs. A quantitative research approach to collecting and analyzing data was used. The target population was 64 companies listed in NSE and met the condition of having traded for five years from 2013 to June 2017.The study used Mugenda and Mugenda (2003) sample determination proposition that a sample size of 10% to 30% was a good representation of the target population. Multistage sampling techniques was used, at the first stage stratified random sampling technique was used since the population was subdivided into groups, six were in agricultural sector, two were in automobiles and accessories, ten were in banking sector, thirteen were in commercial and services, five were in construction and allied, five were in energy and petroleum, six were in insurance, three were in investment, one was in investment services, nine were in manufacturing and allied, one was in telecommunications and technology and lastly, one was in real estate investment trust (NSE Handbook, 2015).At the second stage, purposive sampling was used and was confined to specific types of people