CAPACITY BUILDING STRATEGIES AND OPERATIONAL EFFICIENCY OF GEOTHERMAL DEVELOPMENT COMPANY LIMITED IN KENYA
Abstract
The study aimed at examining the role of capacity building strategies on operational efficiency of Geothermal Development Company Limited in Kenya. The study was based on examining the influence of training and development, leadership development, knowledge management and stakeholder management strategies on operational efficiency of Geothermal Development Company in Kenya. The study was anchored on Capacity building theory, Human capital development theory and Knowledge based theory. The study adopted descriptive design and targeted 78 senior employees from the three department of Finance and audit, human resource and administration and the procurement and legal departments, who were sampled through census approach. Data was gathered through questionnaires and later analyzed descriptively using Statistical Packages for Social Sciences. Findings showed a positive and significant relationship between training and development, leadership development, knowledge management and stakeholder management and operational efficiency of Geothermal Development Company. The study recommended for robust measures to be undertaken realizing the potential of employees through capacity building initiatives. The study suggested more researches on impact of capacity building on sustainable business practices, how capacity building influence innovation management in manufacturing firms and employee engagement and motivation through capacity building.
Key Words: Training and Development, Leadership Development, Knowledge Management, Stakeholder Management Strategies
CITATION: Muhia, R., & Juma, D. (2024). Capacity building strategies and operational efficiency of Geothermal Development Company Limited in Kenya. The Strategic Journal of Business & Change Management, 11 (2), 981 – 992. http://dx.doi.org/10.61426/sjbcm.v11i2.2963
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DOI: http://dx.doi.org/10.61426/sjbcm.v11i2.2963
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