Strategic Planning and Organisational Efficiency-A Focus on Selected Accounting Firms in Abuja.
Abstract
Accounting firms all over the world face significant challenges that require high level of organisational efficiency to overcome. This study therefore, examined the effect of strategic planning on organisational efficiency of accounting firms in Abuja; while considering the moderating role of leadership style. The study focused on 8 randomly selected accounting firms with offices in Abuja; and used structured questionnaire. The study was quantitative. Cronbach's Alpha was used to assess reliability of data with expert opinion providing additional validation. Descriptive research design was adopted. Statistical tool of analysis and test of hypotheses used was multiple linear regression model. Findings of this study affirmed that the three dimensions of strategic planning studied – strategy formulation, strategy evaluation and monitoring and evaluation used as proxies individually have significant and positive relationship with organisational efficiency. Findings also revealed that the combined effect of the components indicated a weak predictor of organisational efficiency however, this predictive power was improved when leadership style was introduced as a moderator. The study recommends that they adopt a leadership style that is inspirational, supportive, all-inclusive, and encourages innovation.
Keywords
Accounting Firms, leadership style, Organisational Efficiency, Strategic Planning
Citations
IRE Journals:
Anyanwu Angela Ayoka , Prof. Udu Ama Aka , Dr. Eucharia Ume
"Strategic Planning and Organisational Efficiency-A Focus on Selected Accounting Firms in Abuja." Iconic Research And Engineering Journals Volume 9 Issue 1 2025 Page 1530-1546
IEEE:
Anyanwu Angela Ayoka , Prof. Udu Ama Aka , Dr. Eucharia Ume
"Strategic Planning and Organisational Efficiency-A Focus on Selected Accounting Firms in Abuja." Iconic Research And Engineering Journals, 9(1)
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