ASSESSING THE ROLE OF STRATEGIC PLANNING AS A TOOL FOR ACHIEVING ORGANIZATIONAL OBJECTIVES OF BUSINESS ORGANIZATIONS IN NIGERIA (A CASE STUDY OF NIGERIA BOTTLING COMPANY PLC, ILORIN)


ASSESSING THE ROLE OF STRATEGIC PLANNING AS A TOOL FOR ACHIEVING ORGANIZATIONAL OBJECTIVES OF BUSINESS ORGANIZATIONS IN NIGERIA (A CASE STUDY OF NIGERIA BOTTLING COMPANY PLC, ILORIN)  

TABLE OF CONTENTS

Title Page 

Certification i

Dedication           ii

Acknowledgement          iv 

Table of Content          vi

CHAPTER ONE: 

1.0 Background of the study 1

1.1 Introduction 1

1.2 Problems of Study 2

1.3 Aims and Objective of the Study 5

1.4 Scope of the Study           6 

1.5 Limitation of Study 6

1.6 Definition of Term 6 

CHAPTER TWO: LITERATURE REVIEW

2.1 Definition of Strategic Planning 9 

2.2 Type of Strategic Planning         12 

2.3 Importance of Strategic Planning         14 

2.4 Step involved in the strategic planning         16

2.5 Rational for SP         19 

CHAPTER THREE: 

3.0 Research Methodology         20

3.1 Research Population and Sample         20  

3.2 Sampling Design         20           

3.3 Research Instrument                   21 

3.4 Sampling Design and Procedure         21

3.5 Method of Data Collection         22 

CHAPTER FOUR: DATA ANALYSIS AND PRESENTATION

4.0 Presentation and interpretation of Data         24 

4.1 Historical background of the case study         30

4.2 Organization objectives of NBC         32

4.3 Reasons for strategic planning         33

4.4 Effect of strategic planning on NBC objectives         33

4.5 Other factors influencing the achievement of NBC objectives     34

CHAPTER FIVE: SUMMARY, CONCLUSION RECOMMENDATION

5.1 Summary         36 

5.2 Conclusion         36 

5.3 Recommendations         37 

REFERNCES 

APPENDIX 

CHAPTER ONE

1.0 BACKGROUND OF THE STUDY

1.1 INTRODUCTION

Nigerian Bottling Company business environment, business administration, educational sector e.t.c make use of planning to make important decision, recognizing decision making applied in the process, they collect data, organize analysis interpreting and implementing the result for both present and future used.

The organizational mission and functions such as forecasting, planning organizing, motivating coordinating and controlling as the effective and efficient means by which organization can survive and also satisfy their customers need.

However organization is defined as a group of people bound together to provide unity of action for the achievement of a predetermined objectives. It can also be seen as a process of coordinating individual effect to accomplish common objectives.

Since planning is an independent variable while organization is Depend the success or future of it application will depend on how all it has been positively combine with the use of planning.

In recent years, the development of planning in the organizational filed has brought about a substantial change in the organization thinking and practice. The leaning of planning is almost always a wise investment especially for those who are planning to make a carrier in the field of management.

However, planning have been closely considered from the perspective that it enhance knowledge acquiring and decision making, so many texts have been written open the subject organizational and planning, beside good organization should always make use of planning always with the use of statistic data for problem solving and decision making to accomplish organizational goods and objectives.

1.2 PROBLEMS OF THE STUDY

The idea that a company strategy is important to oe leaved to the entire organization because of the competition this is because every firm would be working to words achieving of the organization.

Strategic planning is restrained complex that it can be come prohibitively expensive to operate.

Concentration on specific strategies may lead to inability to take up better opportunities when they arise.

Some argue that many firms not considers strategic planning organization objectives be defatted and may lead to closed down of the business.

It is important to note that there is no point that strategic planning bring about a better performance. However fact suggests that improve organizational performances.

HYPOTHESIS 

HI: Planning has a significant impact on the organization which makes an organization to achieve the goals and objective.

HO: Planning has no significant impart in the organization which are negative effect of the objective of an organization.

H2: Implement and execution of strategic planning has positive impart in the organization performance in achieving the goal and objective of an organization.

H02: Implement and execution of strategic planning has negative impact on an organization performance in the objective and goals of organizations.

A hypothesis is a preposition or statement of fact relating to research out forward by a research or to guide him/her is his/her research work which may be true or false/valid or otherwise. If the majority of the research data collected support the fact that it is valid then it is therefore accepted. Otherwise it’s not and have to be rejected for the purpose of this research work, the major hypothesis considered include.

a. That there is direct relationship between planning and organizational objectives.

b. That effectiveness of planning techniques determines level of achieving organizational objective.

c. Does a manager face problems when making use of statistical data in solving problems?

d. The relevance of planning in organization and to what extent is their roles being carried out?

e. The organization is dependent on planning tools.

f. That planning is dependent to organization.

⦁ That there is direct relationship between planning tools and organization and organizational objectives.

⦁ That effectiveness of planning techniques level of achieving organizational objectives.

⦁ Does a manager face problems when making use of statistic data in solving problems?

⦁ The relevance of planning in organization and to what extents are they carried out?

⦁ The organization is dependent on planning tools.

1.3 AIMS AND OBJECTIVES OF THE STUDY

The centre of study is on how strategic planning help in achieving organizational objectives among the objectives is to critically examine the list o f available planning tools in term of achieving organizational objective in terms of productivity and thereby making huge profit having.

Therefore the basic aims of this study include,

1. To determine what consideration an organization bears in mind when designing tools in achieving it management decision.

2. To identify effect of planning as a tool in achieving organizational objectives.

3. To determine the planning that is available to the organization in order to obtain the greatest capacity of workers.

4. To identify and discuss the effect of planning techniques on bottling company and its corporate objective.

5. To examine the mode and manners in which planning is being applied in Nigerian bottling industry and how effective they are using planning to achieve and increase their organizational objectives.

1.4 SCOPE OF THE STUDY

The scope of the study is made up of strategic planning concept theory in reference to Nigerian Bottling Company, strategic planning influence on the business environment in achieving organizational objectives. Also on how the management of business organization should use good strategic planning in solving problems among employees and for good decision making in other to strike a balance between the employees objectives and that of the organization, furthermore, through the use of good planning, this study will influence the organization on how to maintain good position in the midst of other competition.

1.5 LIMITATION OF THE STUDY

Due to complexity envisage in data collection of the short duration of time available from these types of research the study will cover the period of 2007 — 2011.

However this period of spanning 5years provides an interesting research art it encompass the two regime, administrator interest rate policy (2010/2011) and the liberalized interest regime (2005/2008).

The data used will be strictly those relating to and generated from the Nigeria economy.

Although in our literature review, the performance of interest the rate in other economic will be considered.

1.6 DEFINATION OF TERMS

1. Planning: The procedure or activity of determining in advance especially what need to be done in other to achieve particular goals how should be done when and where it should be done who should do it.

2. Strategic: The key decision or plan of action required to reach on objective or set of objective.

3. Strategic Planning: Long range planning that focus on goals attainment by adapting the organization to environment changes. Determination of the stop required to reach an objective of achievement the optimum fit between the organization and market place.

4. Organization: A group of people bound together to provides unity of action for the achievement of a predetermined objective.

5. Objective: A company defined and measurable aims for a given period.

6. Data: The collection of observant on this is a large volume of details which are generated by day-to-day transaction but most be process and organized before they can sense to central operation or to proved meaningful information.

.


TYPE IN YOUR TOPIC AND CLICK SEARCH.






RESEARCHWAP.COM

Researchwap.com is an online repository for free project topics and research materials, articles and custom writing of research works. We’re an online resource centre that provides a vast database for students to access numerous research project topics and materials. Researchwap.com guides and assist Postgraduate, Undergraduate and Final Year Students with well researched and quality project topics, topic ideas, research guides and project materials. We’re reliable and trustworthy, and we really understand what is called “time factor”, that is why we’ve simplified the process so that students can get their research projects ready on time. Our platform provides more educational services, such as hiring a writer, research analysis, and software for computer science research and we also seriously adhere to a timely delivery.

TESTIMONIES FROM OUR CLIENTS


Please feel free to carefully review some written and captured responses from our satisfied clients.

  • "Exceptionally outstanding. Highly recommend for all who wish to have effective and excellent project defence. Easily Accessable, Affordable, Effective and effective."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "I saw this website on facebook page and I did not even bother since I was in a hurry to complete my project. But I am totally amazed that when I visited the website and saw the topic I was looking for and I decided to give a try and now I have received it within an hour after ordering the material. Am grateful guys!"

    Hilary Yusuf, United States International University Africa, Nairobi, Kenya.
  • "Researchwap.com is a website I recommend to all student and researchers within and outside the country. The web owners are doing great job and I appreciate them for that. Once again, thank you very much "researchwap.com" and God bless you and your business! ."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "I love what you guys are doing, your material guided me well through my research. Thank you for helping me achieve academic success."

    Sampson, University of Nigeria, Nsukka.
  • "researchwap.com is God-sent! I got good grades in my seminar and project with the help of your service, thank you soooooo much."

    Cynthia, Akwa Ibom State University .
  • "Great User Experience, Nice flows and Superb functionalities.The app is indeed a great tech innovation for greasing the wheels of final year, research and other pedagogical related project works. A trial would definitely convince you."

    Lamilare Valentine, Kwame Nkrumah University, Kumasi, Ghana.
  • "Sorry, it was in my spam folder all along, I should have looked it up properly first. Please keep up the good work, your team is quite commited. Am grateful...I will certainly refer my friends too."

    Elizabeth, Obafemi Awolowo University
  • "Am happy the defense went well, thanks to your articles. I may not be able to express how grateful I am for all your assistance, but on my honour, I owe you guys a good number of referrals. Thank you once again."

    Ali Olanrewaju, Lagos State University.
  • "My Dear Researchwap, initially I never believed one can actually do honest business transactions with Nigerians online until i stumbled into your website. You have broken a new legacy of record as far as am concerned. Keep up the good work!"

    Willie Ekereobong, University of Port Harcourt.
  • "WOW, SO IT'S TRUE??!! I can't believe I got this quality work for just 3k...I thought it was scam ooo. I wouldn't mind if it goes for over 5k, its worth it. Thank you!"

    Theressa, Igbinedion University.
  • "I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much researchwap.com, infact, I owe my graduating well today to you guys...."

    Joseph, Abia state Polytechnic.
  • "My friend told me about ResearchWap website, I doubted her until I saw her receive her full project in less than 15 miniutes, I tried mine too and got it same, right now, am telling everyone in my school about researchwap.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work"

    Christiana, Landmark University .
  • "I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!."

    Musa, Federal University of Technology Minna
  • "I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!."

    Ali Obafemi, Ibrahim Badamasi Babangida University, Niger State.
  • To contribute to our success story, send us a feedback or please kindly call 2348037664978.
    Then your comment and contact will be published here also with your consent.

    Thank you for choosing researchwap.com.