EFFECT OF TOP MANAGEMENT CHARACTERISTICS ON STRATEGY IMPLEMENTATION IN PUBLIC PENSION SCHEMES IN KENYA
Abstract
This research was built on previous theoretical and empirical studies to determine the effect of top management characteristics on strategy implementation in public pension schemes in Kenya. The study adopted a descriptive research design. The total population of the study comprised 117 Occupational Pension Schemes from which a total of 655 Trustees were selected. A sample of 106 Trustees was selected from the population. Data was collected using a structured questionnaire. Research assistants were used in distributing and collecting the questionnaires using drop-and-pick-later method. Pilot testing was done to enhance validity and reliability. Quantitative methods were used for data analysis. Descriptive statistical methods of frequencies, percentages, means and standard deviation were used for data analysis. Pie charts and tables were used to present quantitative data. Inferential statistics such as correlation and regression analysis were used to determine the relationship between variables. Results of the study revealed positive and significant relationship between top management experience, decision making flexibility, and strategy implementation in public pension schemes in Kenya.
Key words; Top Management Experience, Decision Making Flexibilities, Strategy Implementation, Public Pension Schemes
CITATION: Koskey, E. K., & Rotich, G. (2019). Effect of top management characteristics on strategy implementation in public pension schemes in Kenya. The Strategic Journal of Business & Change Management, 6 (1), 91 – 105
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DOI: http://dx.doi.org/10.61426/sjbcm.v6i1.1038
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