The Role Of Strategic Planning On Enhancing Investment In Public Transport Saccos In Kenya

This study will seek to find out the effects of strategic planning on enhancing investments in public transport Saccos in Kenya. The study will also seek to find out recent changes in operation of public transport in Kenya for example new vehicles on the road, new safety rules and the registration of co-operative societies to replace the Matatu Welfare Associations in a new development which started from early 1990’s. Cooperatives are economic units by which members mobilize their financial resources through savings. It is estimated that this sector contributes about 20% to the gross Domestic Product. Although this sector is considered both economically and socially important, sectoral report indicates that nearly 2% of savings and Credit Cooperative Societies (SACCOs) collapse every year and about 6% of registered members withdraw their membership annually. Some SACCOs pay dividends which are as low as 3.5%. It is not clear why there is a deteriorating trend in most of the societies despite government’s financial regulations being in operation since 2004 that were meant to help SACCOs achieve sustainability through growth and financial stability. The objective of this study was to assess the effect of government’s financial regulations on investment performance in SACCOs in Nairobi County. The study adopted descriptive research design and purposive sampling method. The research adopted a self administered questionnaire which was used to collect quantitative data. The study units comprised 104 sacco societies of public transport in Nairobi County. The questionnaire was designed based on a Five Lickert scale. However, only 95 Saccos were actively in operation. The other 9 were either dormant or inactive. Therefore, 87 Saccos were randomly sampled and studies. The findings show that government financial regulations have been moderately regulated with a weighted mean of 2.805. Concerning the approval of maximum borrowing powers by members, a weighted mean score of 3.816 on the scale was posted. It is therefore expected that with this large extent of implementation of this regulation, Saccos will have a strong financial stability since they will have fewer loans to service. The study also found out that performance of Saccos in terms of efficient and prompt disbursement of loans is quite wanting with a weighted mean score 2.0919. Key recommendations were to the Ministry of Co-operative Development to mobilize resources to educate the members and management committees of the societies for better performance, and adherence to the regulations laid down by the government.

Reviews experiences of refinancing credit unions in several developing countries. Examines their capacity to increase members' shares or mobilize deposits, how refinancing facilities have influenced the quality of the loan portfolio, whether external credit lines have enhanced their profitability, and whether debt finance has led to sustained growth and better outreach to the poor. Includes an agenda for action.

The Public Investment Management (PIM) Reference Guide aims to convey country experiences and good international practices as a basis for decisions on how to address a country-specific PIM reform agenda. The country references are drawn largely from previous diagnostics and technical assistance reports of the World Bank. The application of country diagnostics and assessments has revealed a need to address the following issues when undertaking a country reform in PIM: • Clarification of the definition and scope of public investment and public investment management • Establishment of a sound legal, regulatory, and institutional setting for PIM, making sure it is linked to the budget process • Allocation of roles and responsibilities for key players in PIM across government • Strengthening of guidance on project preappraisal, appraisal, and selection-prioritization procedures and deepening of project appraisal methodologies • Integration of strategic planning, project appraisal-selection, and capital budgeting • Management of multiyear capital budget allocations and commitments • Efforts to address effective implementation, procurement, and monitoring of projects • Strengthening of asset management and ex post evaluation • Integration of PIM and public-private partnership (PPP) in a unified framework • Rationalization and prioritization of the existing PIM project portfolio • Development of a PIM database and information technology in the form of a PIM information system. The PIM Reference Guide does not seek to provide definitive answers or standard guidance for the common PIM issues facing countries. Nor does it seek to provide a detailed template for replication across countries: this would be impossible given the diversity of country situations. Instead, each chapter begins with an overview of the specific reform issue, lists approaches and experiences from different countries, and summarizes the references and good practices to be considered in designing country-specific reform actions.

Contemporary research in strategic management, with an emphasis on conceptual tools and skills created by scholars and practitioners in the field are evident throughout Strategic Management, 13e. This thirteenth edition of Strategic Management has a refined message and a new subtitle: Planning for Domestic & Global Competition. This new edition is specially designed to accommodate the needs of strategy students worldwide in our fast-changing twenty-first century. The authors complement the focus on strategic planning for success within U.S. borders with unprecedented attention on how U.S. firms can leverage their domestic success by forming international partnerships and can achieve international success by becoming actively involved in global trade. These are exciting times, and they are reflected in this book. The new edition includes NEW or revised chapter material, 30 NEW cases, and dozens of NEW illustrations.

The African Development Bank's (AfDB) Addis Ababa Forum in June 2003 focused on the role of women entrepreneurs in private sector development, poverty reduction, and sustainable growth and development. It provided an opportunity for the AfDB and the International Labour Office (ILO) to join forces using their complementary expertise in support of women-owned businesses in Tanzania, Ethiopia and Zambia. This report is based on the country assessment for Kenya, where the ILO has been researching and supporting women's entrepreneurship. Examining such issues as the economic context, micro-finance.

A proven approach for addressing explosive metropolitan growth in an integrated and holistic manner “The book provides a basis for the contemplation of the old network paradigm of the megalopolis into the informational meshwork of the mega- or metacity of the future. The handbook’s review of the networked past is invaluable, while its projection of these networks into future plans raises very many important questions for planners, urban designers, architects, and concerned citizens alike.” –From the Foreword by Professor Grahame Shane, Columbia University For the first time, half the global population is living in urban areas—and that number is growing exponentially. Written by noted urban planner Pedro Ortiz, who served as director of the groundbreaking Madrid Metropolitan-Regional Plan, The Art of Shaping the Metropolis presents an innovative, agile solution for managing urban growth that enhances economic activity, environmental stability, and quality of life. Based on the findings from Madrid and other cities, this timely guide offers a methodical system for addressing the crucial issues facing governments, professionals, the private and public sectors, developers, stakeholders, and inhabitants of twenty-first-century metropolises. The book details new rubrics to identify the process of growth and its evolution, new tools to monitor and gauge them, and new methods to synthesize them into a professional praxis that will be sustainable for the long term. Ortiz demonstrates how metropolises can be organized for a future that preserves the historic nucleus of the city and the environment, while providing for the necessary sustainable expansion of transportation, housing, and social and productive facilities. Coverage includes: The dialogues of the metropolis The challenge The inheritance Balanced urban development—fabric and form The chess on a tripod (CiTi) method to build the model Madrid as testing ground Practical considerations in implementing a metropolitan plan Translating the model elsewhere