Abstract
Organizations have recently seen the need of planning strategically in order to take stock of the benefits that accrue from having well crafted strategic plans. Kenya Seed Company is an expanding company. The purpose of this study was to establish the factors affecting monitoring of strategic plan at Kenya Seed Company plan. The Strategic Plan of reference was the one that covers the period 2013/2014 to2017/ 2018.The study was based on the following specific objectives: To find out the role of management on monitoring of strategic plans, to find out the role of resource allocation on monitoring of strategic plans ,to find out the role of organization structure on monitoring of strategic plans and to find out the role of communication in monitoring of strategic plans .The study undertook a case study design and targeted a population of 110 employees of Kenya Seed Company among them 54 employees were sampled out to participate in the study. The study adopted used questionnaires as the research instrument. Validity was ensured by asking for advice from the supervisors and other lecturers in the department while reliability was ensured by use of Cronbach's Coefficient Alpha. In data processing and analysis SPPSS was used in computation. Pearson's coefficient of correlation and factorial analysis were also used. Data was presented in tables. The study concluded that leadership is very important for the monitoring of a strategic plan and its implementation in an organization since it's an interpersonal dynamics about the process of influencing others and bringing diverse people together to do purposeful things. The organizational structure is also important in supporting the monitoring of the strategic plan. Communication especially the top-down also plays a key role in ensuring the monitoring of the strategic plan of an organization and finally that an organization's human resource also contributes immensely towards monitoring and implementation of the strategic plan. The study recommended that, management at the company should not only focus on providing leadership alone but also provide adequate resources needed for monitoring of the strategic plan and that the company's organization structure should also be designed to permit interactions. .
Cite
CITATION STYLE
Walter Okibo, Dr. B., & Masika, E. (2014). Factors Affecting Monitoring Of the Strategic Plan: A Case of Kenya Seed Company. IOSR Journal of Business and Management, 16(4), 14–20. https://doi.org/10.9790/487x-16431420
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