STRATEGIC LEADERSHIP PRACTICES AND PERFORMANCE OF LISTED COMMERCIAL BANKS IN KENYA
STRATEGIC LEADERSHIP PRACTICES AND PERFORMANCE OF LISTED COMMERCIAL BANKS IN KENYA
Jeldone Muthoni Njenga - Masters of Business Administration (Strategic Management), Jomo Kenyatta University of Agriculture and Technology, Kenya
Dr. Lawrence Odollo (PhD) - Lecturer, Jomo Kenyatta University of Agriculture and Technology, Kenya
ABSTRACT
The main aim of this study was to establish the influence strategic leadership practices and performance of listed commercial banks in Kenya. Specifically, the study pursued the following objectives; establish the influence of Strategy Control, Strategic direction, Human capacity development and Strategic design on performance of commercial banks in Kenya. The following theories guided the study; resource-based view, contingency theory, and dynamic capability theory. The study adopted descriptive research design. Questionnaire was used to collect primary data from employees of the 42 licensed Commercial Banks in Kenya. Study respondents comprised employees in the carder of senior management team, middle-level managers as well as managers at functional level. Systematic random sampling was used to sample 384 employees. A pilot test of 38 respondents in 4 banks was conducted to detect weaknesses in design and instrumentation. The collected study data was analyzed both descriptively and inferentially. The correlation analysis that was done on the strategic leadership and performance showed that, a significant relationship exists between strategic leadership and performance of commercial banks in Kenya. This research contributes to the area of literature of strategic leadership and their influence on organizational performance. The researcher recommends that the ethical considerations and competencies should be given a keen attention and on performance a focus on customer satisfaction should equally be emphasized. Additionally, another research can be done on the influence of strategic leadership on performance of the non-financial firms as its recommendations can be very valuable.
