This research is focused on impact of strategic management on growth and survival of an organization, using Union Bank of Nigeira Plc as a case study. The project is in chapters, from one to five. Literature review like the definition of strategic management, concept of strategic management, competition of an banking industry, the challenges and operating environment of an organization, fraud in banking industry. The bank business environment and the strategy formulation in bank. The problem militating against strategy planning in achieving bank growth and survival. For effective research work two research methods were used in collection of data which are primary and secondary sources. The limitation of the research study was also discussed. Data’s were analyzed using three methods which are simple average, weighted average/ means, and chi-square. The research project ended by summarizing the entire project work, conclusions and recommendations were given, suggestion for further studies and the bibliography to the research work.
1.1 Introduction
In this section, Impact of Strategic Management on Growth and Survival of an Organization is discussed, with relevant and recent citations. As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the aim and objectives of the study. Others are significance of the study, scope of work, research hypothesis and questions, limitation of the study and definition of terms.