IJMLS Volume II Issue 3
Permanent URI for this collectionhttp://197.211.31.166:4000/handle/123456789/924
Browse
3 results
Search Results
Item SUSTAINABLE BUSINESS PRACTICES AND COMMUNITY WELLBEING(management university of africa, 2020-11) Peter Paul KithaeA leader has been defined as a person who is able to motivate, inspire, and win commitment from those he leads to work willingly towards achievement of organizational objectives. Consequently, a sustainable leader is someone who “inspires and supports action towards a better world.” In leading and inspiring those he leads, a sustainable leader adopts new ways of seeing, thinking and interacting that result in innovative and sustainable solutions.” This paper attempts a Critical analysis of the effect of sustainable business practices on community wellbeing. It uses desk research to gather academic literature and current business examples on the topic. By analyzing empirical literature on the topic, the study evaluates contributions of sustainable business practices in relation to climate change, social justice and economic prosperity and with special emphasis on the management of triple bottom line sustainability, corporate social responsibility and business ethics by organizations. It is organized under the headings: Business and sustainability challenges; contributions of sustainable business practices to corporate social responsibility and the management of triple bottom line sustainability as a panacea to enhancing community wellbeing. After analyses, the paper concludes that a sustainable leader is one who design innovative programmed necessary for dealing with Sustainable Business Practices for Climate Change, Social Justice and Economic Prosperity at all levels of the organization. Finally, the paper recommends that in order to achieve their goals, a business has to adopt sustainable business management practices through Cooperation, Collaboration, and Partnerships, popularly known as the Triple Bottom Line Sustainability model.Item ORGANIZATIONAL INNOVATIVENESS AND FIRM PERFORMANCE OF SMALLAND MEDIUM CAR BURSARS (SMES) IN KENYA: A CASE STUDY OF EUREKA MOTORS(management university of africa, 2020-11) Peter Paul KithaeThe role of small and medium enterprises (SMEs) in economic development and employment creation has occupied most of the discussions among government, policy makers, academicians, researchers, scholars and economists globally. This study investigated the effect of innovative processes that Kenyan SMEs employ on their firm performance. The study's objectives were to find out how product innovation affects performance of medium enterprises in Kenya, to assess the extent to which process innovation affect performance of medium enterprises in Kenya and to investigate how market innovation affect performance of medium enterprises in Kenya. Findings from the study are expected to aid the government in formulating good policies to assist the SME sector, assist practicing entrepreneurs to perfect their business operations and enable academicians and researchers to find new knowledge to rely on while conducting further research on the SME sector. The study adopted cross sectional design which seek to establish the relationship between innovative processes and firm performance over the five years' period (2013 to 2018) and collected primary data using self-administered questionnaires. From the findings, the study realized that the firm is a sole proprietorship formed over ten years ago and that its Profits have not been stable. It has not been using product nor process innovations due to their costs and technical expertise involve and hence these have had no effect on the firm's performance. However, market innovation which is the only organizational innovativeness used by the firm had positively enhanced the firm's performance according to the study. The study therefore concluded that the firm has not been doing well due to its inability to implementing all the three innovative processes. Among the study recommendations is that the firm need to start doing product innovations; and subcontract for parts not implementable immediately as their effects are very beneficial to firm performance; and should do away with process innovation as it is risky and very expensive to the firm.Item EFFECT OF KNOWLEDGE UTILIZATION ON ENTREPRENEURIAL FIRM PERFORMANCE: A CRITICALANALYSES OF MERGERS AND ACQUISITIONS AS ENABLERS OF ENTREPRENEURIAL FIRMS' COMPETITIVENESS(management university of africa, 2020-11) Peter Paul Kithae“Mergers and acquisitions are the key to an organization's strategic development of knowledge. The foregoing is a critical evaluation of the above statement using desk research to gather academic literature and current business examples on the topic. The paper critically evaluates the effect of knowledge utilization on entrepreneurial firm performance. It is organized under the subheadings of importance of entrepreneurial organizations, organization's strategic planning, Mergers and acquisitions as strategies for organizational competitiveness, Knowledge acquisition through mergers and acquisitions, knowledge utilization as a driving tool for competitive advantage, critical analysis and conclusions and recommendations. From the analyses, it is clear that Mergers and acquisition arrangements are used for Knowledge acquisition and utilization as well as for creating and securing of new markets. Reduction of cost pressures and utilization of economies of scale emerged as some of the other importance of mergers and acquisitions. The paper concludes that organizational knowledge is a strategic capability which if well managed would lead to “innovative products or processes, organizational profitability and competitiveness”; and recommends a balanced utilization of the knowledge systems' key resources (people, processes and technology) for effectiveness