EFFECT OF STRATEGIC MANAGEMENT ON PERFORMANCE OF FARO WATER COMPANY IN YOLA ADAMAWA STATE NIGERIA
DOI
Keywords:
strategic management, strategic planning, strategic formulation, strategic implementation, strategic evaluation and performanceAbstract
This study investigate the effect of strategic management on performance of Faro Water Company in Yola Adamawa State Nigeria. The research used strategic planning, strategic formulation, strategic implementation and strategic evaluation as independent variables
influencing Faro Water performance. The study employed a survey research design. The population of the study is 192 employees and Taro Yamane simple size formula was used to get a sample size of respondents from the population of the study and 102 was determined as the sample size according. Therefore, one hundred and two (102) questionnaires were administered to the respondents, and only 100 were returned. The data collected and hypothesis was analyzed using SPSS. The findings showed that strategic planning, strategic
formulation and strategic implementation have a positive significant relationship with Faro water performance. Best on finding, the study recommends that Faro Water Company in Yola Adamawa State Nigeria should encourage employees’ involvement in decision making since this will allow people to devote more of their resources to projects that will improve performance.