Factors Affecting Implementation of Strategies among Savings and Credit Co-Operative Societies in Kakamega County, Kenya
Pages : 814-820Download PDF
The study sought to review factors affecting implementation of strategies among Savings and credit cooperative societies in Kakamega County. The study was guided by two specific objectives, namely; information technology and financial resources. The population of the study was drawn from management staff of the Saccos in Kakamega County registered under the Sacco Society Regulatory Authority that are duly licensed to carry out deposit-taking Sacco business in Kenya. The study relied on primary data which was obtained through a structured questionnaire. The study adopted a descriptive research design. The study employed census study. The study generated quantitative data where quantitative data was coded and entered into Statistical Packages for Social Scientists (SPSS Version 20) and analyzed using descriptive and inferential statistics. Multiple regression and correlation were used. The findings show that information technology and financial resources are positively correlated to implementation of strategies. The study recommends that more needs to be done to ensure financial resources are aligned to the implementation of the strategy and attention should be paid to the adequacy of financial resources. Further the study recommends that Sacco’s should embrace modern technology.
Keywords: Strategy Implementation, Information Technology and Financial Resources