International Journal of Innovative Research and Development

Knight L. Mukilima , John Karanja Ngugi

Abstract

The purpose of national strategies is to clearly define and align the vision for the sector and set out define how to get there. National strategies represent a shared vision of the country's development and competitiveness. In the target status, economic growth is combined with the wellbeing of people and the environment. The main aim of the study is to investigate the effects of national strategy implementation on competitiveness where the focus will be on National Bank of Kenya. The specific objectives of the study were to establish the effects of marketing strategies, product strategies, investment strategies and technological innovation strategies on the competitiveness of National Bank of Kenya. This research problem was studied through the use of a descriptive research design. The target population composed of all the staff currently employed at National Bank of Kenya in Nairobi. Stratified random sampling technique was used. A sample of 20% was selected from within each group in proportions that each group bears to the study population. The study used a survey questionnaire administered to each member of the sample population. Quantitative data collected was analyzed by the use of descriptive statistics using SPSS and presented through percentages, means, standard deviations and frequencies. The information was displayed by use of bar charts, graphs and pie charts and in prose-form. The study found that marketing strategies that concentrate on enhancing competitiveness of the Board through market potential and growth, communication platforms, target customer selection and cost-minimization criteria. The study found that national product strategy affects the competitiveness of NBK to great extent. The study found that investment strategies affect the competitiveness of National Bank of Kenya to great extent. The study further established that effects of investment strategies on the competitiveness of NBK were strategic substitutes, transaction cost, information acquisition, resources and capabilities and institutional conditions. The study found that technological innovations affect the competitiveness of National Bank of Kenya to great extent.

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Faithesther Wangechi Wambugu , John Karanja Ngugi

Abstract

Microfinance institutions indeed need to be self sustaining if they are to achieve their outreach potential providing rapid growth in access to financial services to poor people. However, sustainability is desirable as it allows MFIs to access the formal sector as a source of capital, rather than relying on subsidies to bring about growth. This study sought to investigate the factors influencing sustainability of microfinance institutions in Kenya. The study looked at the influence of factors such as Service delivery, branch network, staff training and capital adequacy. The research design used was a descriptive study of a population of 135 lower and middle managers from Kenya Women Finance Trust Deposit taking microfinance. A sample of 30% was selected using stratified random sampling.

Keywords

Microfinance Institution, Sustainability, Service Delivery, Branch Network, Staff Training, Capital Adequacy

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