APPRAISAL OF THE STRATEGIC MANAGEMENT PRACTICES IN NIGERIAN BANKING ORGANIZATIONS: SELECTED STUDIES

ABSTRACT

In this study, we undertook a critical appraisal of the strategic management practices of selected old and new generation banks in Nigeria. It is motivated by the problem of high rate of bank distresses and failures in the economy. The objectives therefore were to ascertain the level of corporate accountability, honesty and integrity exhibited by banks’ management/directors in Nigeria; discover the level of efficiency in the strategic management of human, financial and material resources in Nigerian banks; find out the level of compliance to banking ethics and professionalism that exist in Nigerian banks.
For the research methodology, we adopted opinion survey techniques, where primary data for the study came mainly through questionnaires and personal interviews were conducted where appropriate, while the secondary data were obtained from unpublished materials, Journals and relevant articles in banking and trade newsletters/in-house journals. The data were analysed through Chi-Square statistical techniques.
At the end of the analysis, the results showed that there is a low level of corporate accountability, honesty and integrity by banks’ management/directors in Nigeria. There is also a low level of efficiency in the strategic management of financial, human resources and assets by Nigerian banks, and low level of compliance to banking ethics and professionalism by Nigerian banks’ staff and management.
TABLE OF CONTENTS
Title Page ii
Certification iii
Dedication iv
Acknowledgements v
Abstract vi
Table of Contents vii

• CHAPTER ONE
  1.0 INTRODUCTION 1
  1.1 Overview Of The Study 6
  1.2 Statement of the Problems 15
  1.3 Objectives of the Study 17
  1.4 Research Hypotheses 17
  1.5 Background Of The Study Area
  1.6 Significance of the Study 18
  1.7 Scope of the Study 19
  1.8 Limitations of the Study 20
  References 21
  CHAPTER TWO
  2.0 REVIEW OF RELATED LITERATURE 22
  2.1 Concept Of Strategy 22 2.2 Strategic Planning 23
  2.3 Strategic and Operational Planning 25
  2.4 Importance Of Strategic Planning 26
  2.5 Commandments For Business Strategies 29
  2.6 Criteria For Evaluating Strategies 31
  2.7 A 5-Year X-ray Of the Nigerian Banking Market 32
  2.8 The Balance Sheet Structure and Growth Rates of Nigerian Banks (1999 – 2000).
  2.9 OVERVIEW OF SELECTED BANKS STRATEGIC PERFORMANCE
  2.10 COMMERCIAL BANKS’ FINANCIAL INDEXES IN 2001
  2.11 Bank Performance Before and After the adoption of Strategic Management
  Reference: 34
  CHAPTER THREE
  3.0 RESEARCH DESIGN AND METHODOLOGY 36
  3.1 Research Method 36
  3.2 Research Instrument
  3.3 Structure of the instrument 37
  3.4 Reliability Of The Measuring Instruments 38
  3.5 Population Of The Study
  3.6 Technique Of Data Analysis
  3.7 Sampling Procedure
  3.8 Sampling Techniques
  3.9 Determination of Sample Size 37
  References 39
• CHAPTER FOUR
  4.0 Data Presentations and Analysis
  4.1 Data Presentation
  4.2 Data Analysis
  4.3 Tests of Hypotheses 49
  CHAPTER FIVE
  5.0 Summary of Findings, Discussion of Findings,
  Recommendations, and Conclusion
  5.1 Summary Of Findings 54
  5.2 Discussion of Findings 54
  5.3 Recommendations. 56
  5.4 Conclusion 56
  Bibliography 58
  Appendices 61