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Chapter One of Impact of Strategic Management on Organisational Growth (a Case Study of Lawrenzo Cargo and Logistics Ltd.)
Abstract of Impact of Strategic Management on Organisational Growth (a Case Study of Lawrenzo Cargo and Logistics Ltd.)
This paper examined the impact of strategic management on organisational growth with reference to Lawrenzo Cargo and Logistics Ltd.). The performance of any business organization in the competitive economy is highly dependent upon the quality of its management vis a vis proper implementation of strategic management.
Survey design was employed with the use of a well structured questionnaire. Respondents were selected based on simple random sampling technique. Fifty (50) staff ofย Lawrenzo Cargo and Logistics were sampled.
Two hypotheses were formulated and tested with the use of Chi-Square analysis. The analysis resulted to rejecting both null hypotheses and hence accepting the two alternate hypotheses.
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Based on decisions of the tested hypotheses conclusions were reached that there is significant relationship between Strategic management and organizational performance. Also that acquiring strategic management ideas/skills isย ย important to the management of an organization. The study revealed that a genuine application of strategic management by managers will enhance organisation performance.
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