Effects of Strategic Planning On Organizational Performance of Exxonmobil Producing Unlimited Akwa Ibom State, Nigeria

  • R.S. Dickson Department of Business Administration, Faculty of Management Sciences, Niger Delta University, Wilberforce Island Amassoma Bayelsa State, Nigeria
  • Iniobong Duke Department of Business Administration, College of Management Sciences, Michael Okpara University of Agriculture, Umudike, Abia State, Nigeria
  • G.A. Emerole Department of Business Administration, College of Management Sciences, Michael Okpara University of Agriculture, Umudike, Abia State, Nigeria
Keywords: Strategic Planning, Competitiveness, Organizational Performance.

Abstract

The study focused on the effects of strategic planning on organizational performance, using Exxonmobil Producing Unlimited AkwaIbom as the study organization. The study broad objective evaluated the effect of strategic planning on organizational performance, by investigating various strategic planning processes and the implication of effective strategic planning on organizational competiveness. The methodology adopted was a descriptive research method of data collected through a questionnaire administered on a sample size of 60 respondents selected from a population of 260 employees of the study organization, the data was analyzed with Karl Pearson’s coefficient of correlation computed with SPSS 22 version. The result showed a significant relationship between strategic planning and organization performance. Hence the study recommends that organizations should adopt inculcate all strategic planning processes involving; proper formulation, implementation and control/review of the organization mission, vision, goals, objectives, environmental scan and channeling employee activities in totality to achieve competiveness and attain organizational performance.

 

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Published
2017-12-29