EFFECT OF RISK MANAGEMENT AGILITY ON PERFORMANCE OF SAVINGS AND CREDIT CO-OPERATIVES IN KENYA

ELISHA MKOFIRHA ADE, PROF. G. S. NAMUSONGE (Ph.D), PROF. M. SAKWA (Ph.D)

Abstract


The study established the effect of risk management agility on performance of savings and credit co-operatives in Kenya. The study used explanatory cross-sectional design. The study employed stratified random sampling technique in coming up with a sample size of 204 respondents from a total of 433 of representatives of management staff working in savings and credit co-operatives in Kenya. The study concluded that there is a strong correlation coefficient between Performance of Saccos and innovativeness agility. The study concluded that there is a strong correlation coefficient between Performance of Saccos and risk management agility. The study recommends that that policy and practice for performance should be carefully evaluated and the results of that evaluation fed back into improved approaches, that human resource management should formulate and implement an active reward policy and that Sacco’s need to promote a healthier relationship at all times between them and their customers.

Key terms: Agility strategy, Competition, Organizational performance, Quality Management, Risk Management, strategic Agility.


CITATION: CITATION: Ade, E. M., Namusonge, G. S., & Sakwa, M. (2019). Effect of risk management agility on performance of savings and credit co-operatives in Kenya. The Strategic Journal of Business & Change Management, 6 (1), 150 – 168.


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DOI: http://dx.doi.org/10.61426/sjbcm.v6i1.1046

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