THE IMPACT OF STRATEGIC PLANNING ON PERFORMANCE IN THE UNIVERSITY EDUCATION: A CASE STUDY OF UNIVERSITY OF IBADAN, NIGERIA

Authors

  • Ayodele Bidemi Kolade Dr., University of Benin, Nigeria
  • Olaoluwa Omotayo Olanipon Department of Management and Accounting, Obafemi Awolowo University, Ile-Ife, Osun State, Nigeria
  • Olarewaju Michael Olumuyiwa Department of Management and Accounting, Obafemi Awolowo University, Ile-Ife, Osun State, Nigeria

DOI:

https://doi.org/10.46827/ejes.v0i0.2058

Keywords:

strategy, university, performance, strategic planning, organisation

Abstract

The study examined the effects of Strategic Planning on Corporate Performance using University of Ibadan as the case study. It further probed into how this has impacted on the management efficiency and effectiveness as strategic planning is essential in corporate organisations. Primary data was used for the study. The study made use of questionnaire to elicit information from employees of University of Ibadan. Data collected were analysed using inferential statistics. The hypotheses were tested using the using the Pearson’s Product Moment Correlation Coefficient to establish the significance of relationship between the various variables used in measuring performance. The results of the hypotheses revealed that there is a significant positive correlation between strategic planning and corporate performance. The study therefore, concluded that strategic planning is beneficial to organisations in achieving set goals and recommends that universities and other corporate organizations alike, should engage in strategic planning in order to enhance corporate performance.

 

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Published

2018-11-06

Issue

Vol 5, No 5 (2018)

Section

Articles

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