Influence of Top Management Change Turnaround Strategy on Performance of Manufacturing Firms: The Case of Public Sugar Companies in Kenya
Journal: IMPACT : International Journal of Research in Business Management ( IMPACT : IJRBM ) (Vol.9, No. 8)Publication Date: 2021.08.31
Authors : Judith Jepchumba; Janet Wagude;
Page : 25-34
Keywords : Top Management Change; Turnaround Strategy; Performance; Manufacturing Firms;
Abstract
Turnaround strategy refers to actions that are put in place to enable a firm facing distress or underperforming to return to normalcy in terms of acceptable levels of profitability, solvency, liquidity and cash flow. Top management change strategy is one of the turnaround strategies and it means employing an effective leadership style that is able to motivate and support the employees whilst making strategic changes to the organization's capital, financial well-being and operations. The study sought to establish the influence of top management change turnaround strategy on the performance
Other Latest Articles
- Effect of Monetary Incentives on Workers Performance in Cargo Service Sector: A Study of Himachal Pradesh
- Customer Loyalty through Customer Satisfaction
- Independent Variables Affecting Interest to Buy
- The Impact of E-Management on Crisis Management (An Applied Study on the Jordanian Commercial Banking Sector During the Corona Pandemic)
- ‘Learning by Doing’: A Case of a Flagship Programme of an Environment Club of an Engineering College from Central India
Last modified: 2021-09-11 20:39:03