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Practice of Strategic Planning and Implementation on the Operations of PZ Industry Plc

Practice of Strategic Planning and Implementation on the Operations of PZ Industry Plc

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DEDICATION

This research material, titled “Practice of Strategic Planning and Implementation on the Operations of PZ Industry Plc” is dedicated to God for His boundless grace and guidance. It is also a tribute to all computer enthusiasts whose contributions made my research journey smoother and enriched my documentation process, making the experience truly fulfilling.



ACKNOWLEDGEMENT

I am profoundly grateful to everyone who contributed to the successful completion of this project. I am especially grateful to my Supervisor (Name), the Head of Department (Name), and the Lecturers in the Department of Business Administration and Management (BAM) for their invaluable guidance and support. I also acknowledge the contributions of authors and scholars whose works on Practice of Strategic Planning and Implementation on the Operations of PZ Industry Plc provided essential insights. Special thanks go to my study area (and any funding organizations, if applicable) for their financial assistance. I am equally thankful to stakeholders, including mentors, teachers, and colleagues, for their encouragement and support. Finally, I deeply appreciate my family and friends for their patience and unwavering support throughout this journey. Your contributions have been instrumental in making this research a reality.



TABLE OF CONTENTS

PRELIMINARY PAGES

CHAPTER ONE

INTRODUCTION

    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • ⋮
    • 2.4 Empirical Studies
    • 2.5 Research Gaps
    • 2.6 Summary of Literature Review

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”


    ABSTRACT

    This study is intended to evaluate the effect of strategic planning and implementation on the operations of PZ Industry. The key to strategic implementation and control for any organization is the marketing plan. This plan indicates what strategic goals are and how they will be accomplished. This research provides managers with the information they need to analyze product markets, competition and product performance with regards to the marketing plan. Marketing research provides information for strategy implementation and long term planning. The beginning of the implementation phase is signaled y a decision to proceed with a new program or strategy and by the related commitment to objective, budget and timetables.


    Practice of Strategic Planning and Implementation on the Operations of PZ Industry Plc

    CHAPTER ONE

    Introduction

    1.1 Background Of The Study

    Strategic planning

    Has been defined as the process by which management identifies opportunities and threats from all over the world, formulated strategy to handle them and stipulate how to finance the strategy implementation (Ball et al 2004: 465).

    It has been noted that failures recorded in some organizations is due to poor or lack of strategic planning. These failures were attributed to factors like choice of executive officers, lack of cooperate planning and inability of the company to employ qualified and competent personals.

    As a result of the above mentioned problems facing the organization this research is conducted so as to enable organization to understand the important of strategic planning as well as helping them to avoid those problems facing the organization.

    1.2 Statement Of The Problem

    This study intends to investigate the practice of strategic planning on the operations of an industry or business organization.

    1.3 Purpose Of The Study

    The purpose of the study includes.

    1. To identity the extent to which practice of strategic planning and implementation can affect the operation of an organization.
    2. To investigate how a change in strategic planning can affect the structure of an organization in accomplishing it’s objectives
    3. To improve the knowledge of management on the need for strategic planning and how it can improve the organizations performance.

    1.4 Scope Of The Study

    There are many industrial firms in the company. Through this topic limits the researcher to the study of how practice of strategic planning and implementation can affect the operations of an industry.

    Furthermore the researcher concentrated on the staff of pz industry of the Onitsha branch in Nigeria.

    1.5 Research Questions

    1. Does the organizations structure affects the strategy of the organization?
    2. Is there any relationship between a change in strategy and organization objectives?
    3. To what extent has strategic planning and implementation helps the organization in achieving it’s objectives?

    1.6 Limitation Of The Study

    During the research process have limited resource money, which is needed to run around going to library, going to the company to gather some reliable information about strategic planning and implementation and how it affects the operations of pz industry plc.

    Poor attention of personnel in the company because they are always busy. Also the combination of final year lectures and writing of this particular project and many other things that are associated with final year in school limits our time to enough data about this particular topic.

    …

    CHAPTER TWO

    2.0 Literature Review

    2.1 Introduction

    This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the conceputal review, theoretical framework, the review of related literature …

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