ABSTRACT
The strategies for effective management of
cooperative business organization cannot be over emphasized since the failure
or success of any business setting or establishment depends mainly on the
efficiency or the strategies applied.
The ultimate objective of this study is to critically examine the strategies for effective management of cooperative business organizations in promoting the socio-economic condition of the members of the cooperative thrift and loan society limited, federal polytechnic Nekede, Owerri and Nigeria in general.
TABLE OF
CONTENT
Title page
Certification page
Dedication
Acknowledgement
Abstract
Table of content
CHAPTER ONE
- Introduction
1.1 General
overview of the study
1.2 Statement
of the problem
1.3 Objective
of the study
1.4 Scope of
the study
1.5 Research
questions
1.6 Significance
of the study
1.7 Limitation
of the study
1.8 Definition
of terms.
CHAPTER TWO
2.0 Literature
review
2.1 Cooperative
in Nigeria
before 1935
2.2 History
of cooperative societies in Nigeria
2.3 History of the society – History of the cooperative thrift and loan
society limited, federal polytechnic Nekede, Owerri.
2.4 The objective of the society
2.5 Organizational structure of a typical cooperative society.
2.6 The concept of strategy
2.7 Implementive cooperative strategy
2.8 Evaluation of cooperative strategy
CHAPTER THREE
3.0 Research
methodology
3.1 Research
design
3.2 Population
of the study
3.3 Sample
size
3.4 Sampling
Technique determination of sample size
3.5 Source of
data
3.6 Method of
data analysis
3.7 Validation
of research instrument
3.8 Procedure
for processing data.
CHAPTER FOUR
4.0 Presentation
and analysis of data
4.1 Presentation
of data
4.2 Analysis
of data
4.3 Interpretation
of data
CHAPTER FIVE
5.0 Summary
of findings, conclusion and recommendations
5.1 Introduction
5.2 Summary
of findings
5.3 Conclusion
5.4 Recommendations
Bibliography/questionnaire
CHAPTER ONE
- INTRODUCTION
1.1 GENERAL OVERVIEW OF THE STUDY
The continued
existence of any business depends on its ability to formulate strategies.
Strategy
means different things to different people. It generally means an integrated
plan for accomplishing the objective of any organization. These parameters are
of utmost importance to management or directors respectively. Strategies are
necessary task for any firm that whishes to grow and survive, and it is the
core concern of management leadership.
An
organization strategic plan has to be clarified, comprehensive and integrative
and designed to assure that the basic objectives of the enterprise are achieved
(Glueck, 1976:3).
It is a
managerial plan or process of developing and maintaining a fit between an
organization and its changing opportunities.
It
relies on developing a clear organizations missions, objectives and goals.
To
Broke, (1980), an organizational strategy and product portfolio determines a
sense of directions, a set of objectives and appropriate routes to achieve the
objectives.
This
“sense of director” refers to basic organizational missions or purpose while
“appropriate routes refer to plans”.
This
research study streamlines the strategies for effective management of selected
cooperative societies in Owerri West Local Government Area. The cooperative
thrift and loan society limited, federal polytechnic Nekede, Owerri.
Management
process involves:
- Strategic
planning
- Capability
planning
- Real time
response issue management
- Management of
strategic change.
Strategy deals with the relevant and critical issue
that affects the organization as a whole.
We defined strategy as an integrated plan for accomplishing organizational objectives. We also define strategic management as the translation of strategic plans into result (Hill 1987:3). It involve the examination of the organization internal and external environment to determine its strength and weakness (in its internal environment opportunities and threats in its environment). This gives the acronym: SWOT. The process is shown in the diagram below.
1.2 STATEMENT OF THE PROBLEM
Industry
and commerce all over the world know that strategies are the key to growth and
survival effective and efficient strategic management is the means of achieving
success.
Basically,
strategy (the formula for success), is the arrangement for dealing with the
over changing and complex outer world. IT is a coherent set of action aimed at
getting advantages even in the development of resources.
Successful
enterprise grows and when they do, the strategy which worked so in the early
days no longer fits the new scheme of operation because of change in the
business environment, making the design and adjustment of new strategies
imperative. If not properly handled, the organization may fall, this is the
cause of the problem.
Some cooperative have been successful while others have failed and the question is “Why”. Our discussion so far makes it apparent that the purpose of strategies management is to enable the cooperative to grow and survive through organizational strategies and management, but the question still remains that are the owner competent? Do they have technical managerial and strategic skills to see the attainment of the society’s objectives? Management competence is not the only factor that influences the organization performance other include market position, the relative to other firms in the industry, production capacity, trained staff and growth potentials.
In the
advanced countries, the strategies for effective management of cooperative
business organization have been acknowledged for a long time.
In developing countries like Nigeria, strategies is mostly carried out in many cooperative organization simply because they have not realized the best way or strategy for effective management of cooperative business organization and other organization to understand the need for strategies in any cooperative business management.
THE STRATEGIES FOR EFFECTIVE MANAGEMENT OF COOPERATIVE BUSINESS ORGANIZATION. (A CASE STUDY OF COOPERATIVE THRIFT AND LOAN SOCIETY LIMITED) FEDERAL POLYTECHNIC NEKEDE, OWERRI.
