Challenges of Implementation of Derivatives Related Strategy Concept at the Nairobi Securities Exchange in Kenya

Abstract

In today’s ever changing environment, the major determinant of an organisation’s success is the implementation of its strategic plans. Strategy implementation is the process that turns plans and strategies into actions to accomplish objectives. For effective strategy implementation, the strategy must be supported by decisions regarding the appropriate organization structure, organizational culture, resource allocation, organisation’s policies and leadership. The objective of this study was to determine the challenges facing NSE in the process of implementation of derivative related strategy and to determine how the NSE has addressed such challenges. This was a case study design where primary data as collected using an interview guide. The data collected was analysed using content analysis. The findings of the study suggest that NSE has a lot to do in terms of restructuring its workforce and creating an appropriate atmosphere for the successful implementation of the derivatives related strategy