Impact of Strategic Planning on Organizational Performance of University of Uyo
Efi, Anietie E.1, Udofia, Ndianabasi S.2 & Imagha, Orok A.
Department of Business Management
Faculty of Business Administration
University of Uyo, Uyo.
Email: efianietie1@gmail.com1, ndianabasiudofia@gmail.com2 & rockypride07@gmail.com
ABSTRACT: The study investigated the impact of strategic planning on organizational performance of University of Uyo, taking mission statement into consideration. Measures of organizational performance were non-financial. Population of the study was 134 principal officer staff of the university with sample size of 100 selected using Taro Yamene’s formula for sample size determination. Survey research design was employed in carrying out the study. Data for the study were generated from field survey using questionnaire to elicit information from the respondents. Data collected were analyzed using descriptive statistics. Hypotheses were tested to establish the level of influence of mission statement on performance using Linear Regression Analysis and Multiple Regression Model was used to test the overall Impact of strategic planning on performance. The result of the finding revealed that both mission statement and strategic planning have a significant influence on organizational performance of University of Uyo. We concluded that Strategic planning is vital for the overall existence, management and proper functioning of University of Uyo and other educational institutions alike. We recommended that since the available resources of University of Uyo do not conform to what the mission statement stipulates, policies on resources should be revisited, revised and better strategies for prompt sourcing, marshalling, allocation and utilization of resources should be evolved to catch up with current realities and the mission of the institution, if the University must achieve its objectives.
Key words: Strategic Planning, Organization, Performance, University of Uyo.
