Challenges of Strategy Implementation at Kimisitu Sacco Ltd, Kenya

Abstract

The purpose of this study was to achieve two objectives namely to determine the challenges of strategy implementation at Kimisitu Sacco, Kenya and to establish the measures to deal with the strategy implementation challenges. This research was conducted through a case study design and the data obtained was analyzed by way of content analysis. The major findings were slow decision making, inadequate budgets, loss of income, resistance to change, and communication, lack of commitment and involvements, human capacity inadequacies, inadequate allocation of time during strategy implementation reviews among others were major obstacles to successful strategy implementation at Kimisitu Sacco. In conclusion if the Sacco implements the proposed measures to deal with strategy implementation challenges, the Sacco will experience a robust growth and will enable her to achieve all the set strategic objectives at the end of the strategic plan period. To effectively implement strategy the study recommends the Sacco to involve all stakeholders in budgeting, strategy formulation and implementation, adequate allocation of resources, adequate time allocation during the periodic strategy implementation reviews, better communication systems, diversification of products and membership base among others.