Sunday, 29 April 2018

THE IMPACT OF MANAGEMENT STYLE ON THE EFFICIENCY OF SELECTED GOVERNMEMT OWNED COMPANIES




THE IMPACT OF MANAGEMENT STYLE ON THE EFFICIENCY OF SELECTED GOVERNMEMT OWNED COMPANIES
(A STUDY OF ENUGU METROPOLIS )

The research titled “The Impact of Management Style on the Efficiency of Selected Government Owned Companies In Enugu State” started with the introduction, where the researcher discussed the background of the study including finding out the impact of management style on the efficiency of some government owned companies. To find out the management style adopted by the companies under study, to find out why there is poor attitude  to  work  in  those  companies,  to  find  out  where  there  is  poor performance  and  improper  accountability  in  these  companies  and  to ascertain the causes of the manager’s inefficiency and instability. The significance of the study include that the study will be immense help to the managers  to  understand  the  impact  of  management  style  on  their companies. The companies covered where Enugu State Water Corporation, Enugu State Printing and Publishing Company and Sunrise Flour Mill. Under  the  literature  review,  the  researcher  discussed  the  theoretical framework  of  the  study,  the  objective  of  governments  in  business, performance  of  government  owned  companies  in  Nigeria  etc.  The population was 700 and the sample size used was128 employees from the three  companies.  The  sample  size  was  determined  using  the  Yaro Yammani’s  Formula.  The  major  instrument  of  data  collection  is  the questionnaire.  The  researcher  presented  the  data  in  tables  using frequencies  and  analysized  the  data  using  inferential  statistics,  the hypothesis were tested using the Chi-Square formula. The summary of findings  include  that  the  management  style  adopted  by  these  three companies were mainly permissive autocratic and directive democratic. The researcher concluded by saying the management style has a great impact  on  the  efficiency  of  government  owned  companies.  The accommodations  included  that  the  state  government  owned  companies should be managed by people who have the necessary  experience and training.

Saturday, 28 April 2018

THE IMPACT OF TRAINING AND DEVELOPMENT OF HUMAN RESOURCE AS A CRITICAL FACTOR IN THE BANKING SECTOR

 

 

THE IMPACT OF TRAINING AND DEVELOPMENT OF HUMAN RESOURCE AS A CRITICAL FACTOR IN THE BANKING SECTOR 


(A CASE STUDY OF FIRST BANK OF NIGERIA PLC MAIN BRANCH ENUGU).

This research work on the impact of training and development of human resource as a critical factor in banking sector a case study of First bank of Nigerian plc main branch Enugu. The main objective of the study is to evaluate the effect of training and development of human resource in bank operation. The population of study which is the employees of First Bank of Nigeria plc main branch and as it stands is a  total  of 100,  while  the sample size is 80.  During the  research process the researcher collected data from two source the primary and the secondary source of data were gotten from questionnaires administered  to the employee of First bank plc while secondary data were gotten from textbook, journals, publication and manual. In determining sample size, the researcher used yaro yamene formular. For determining sample size as quoted in Nigeria, n – N/1 + N (e)2 in the act to determine  finding  the  techniques  used  was  descriptive  survey  and  descriptive analysis was based on answer to research quotation that were formulated. On the base of the above finding, the researcher recommended among others that First Bank  of  Nigeria  plc  main  branch,  Okpara  Avenue  Enugu  should  implement effectively and progressively any training plans or budget to ensure improvement in banking operation. The management should build good and mutual relationship with  workers,  so  as  to  create  a  conducive  working  environment.  In  order  to encourage workers to put in their best in what they do.  

Wednesday, 25 April 2018

THE MANAGEMENT OF INSURANCE COMPANIES TOWARDS THE DEVELOPMENT OF BUSINESS ENTERPRISES

THE MANAGEMENT OF INSURANCE COMPANIES TOWARDS THE DEVELOPMENT OF BUSINESS ENTERPRISES

 (A CASE STUDY OF ROYAL EXCHANGE ASSURANCE NIG. PLC.KANO STATE).


This  project  work  titled  ‘’the  management  of  insurance  company  towards  the development of business enterprises’’ a case Study of Royal exchange assurance Nig. Plc. Kano. This research work intends to survey the role and the concept of insurance companies in business and in the   sustainability of business enterprises in Nigeria. The researcher adopted a descriptive method of survey; the sample method use was sampling method. Both primary and secondary sources of data were used to obtain relevant information. The company has a total population of 100 employees’. The sample size was 50 which is draw from the total population using Yaro Yamani formula.In my findings,  it  claims  for  those  loss  will  be  guaranteed.  It  is  recommended  that  the insurance managers should do everything possible to train their staff on job and on insurance training. It is drawn to the phase of the insurance industries with a view of determining adaptability and sustainability, taking into consideration the peculiarity of Nigeria  circumstance.  Take  into  consideration,  the  recapitalization  exercise  in  the companies rather than financial effects and also to proffer solutions to problems hiking around the insurance companies.

Monday, 23 April 2018

UNEMPLOYMENT PROBLEMS AMONGST GRADUATES OF HIGHER INSTITUTIONS (A CASE STUDY OF ENUGU METROPOLIS)

UNEMPLOYMENT PROBLEMS AMONGST GRADUATES OF HIGHER INSTITUTIONS   (A CASE STUDY OF ENUGU METROPOLIS)

In this research, it is assumed that  unemployment is a factor inherent in  the nation’s economic system, first because  intentionally or unintentionally the policy- makers do not deliberately resort to measures capable of  reducing unemployment to  acceptable  level.  This  research  is  concerned  with  wages  and  means  of denitrifying  the  causes  and  measures  of  curbing  the  problem  created  by unemployment. To do this, this research will specifically investigate the incidence if unemployment among graduates of institution of higher learning in Enugu State and to determine what factors are  responsible for or that affect unemployment. The  researcher distributed (200) two hundred questionnaires to the respondent and    collected  (170)  one  hundred  and  seventy.  Data  were  collected  from unemployed  graduates  the  data  extracted  from  the  questionnaire  from  the validation of research hypothesis were subjected to chi-square test statistics. And at the end of the research work, some possible recommendation  where made like, establishment  of  more  industries  should  be  provided  in  order  to  absorb  our unemployed graduates and conclusion were made in order to tackle the problems of unemployment amongst the graduates of higher institution in Enugu State. 

Sunday, 22 April 2018

THE IMPACT OF CHANGE MANAGEMENT IN NIGERIAN BANKING INDUSTRY A STUDY OF UNITED BANK FOR AFRICA (UBA) STATION ROAD, ENUGU



THE IMPACT OF CHANGE MANAGEMENT IN NIGERIAN BANKING INDUSTRY A STUDY OF UNITED BANK FOR AFRICA (UBA)  STATION ROAD, ENUGU

The research topic of this study is the impact of change management in Nigerian Banking Industry, A study of United Bank for Africa (UBA) station Road, Enugu. The research was a descriptive research, the researcher  made use of primary sources and secondary sources of data. The primary sources of data was obtained through questionnaire and oral interview while secondary sources was sourced through texts books ,journals and magazines

The population of the study was seventy seven (77) employees. The sample size was 77 employees of the bank. The finding  revealed  among others that change management  results  to  quality  services.  The  researcher  recommended  among others  that  management  should ensure  effective  communication  link between management and workers before any change process is embarked upon to attract co-operation from workers. 

Friday, 20 April 2018

ROLE OF SMALL SCALE BUSINESS IN DEVELOPMENT OF RURAL ECONOMY



ROLE OF SMALL SCALE BUSINESS IN DEVELOPMENT OF RURAL ECONOMY

Joseph Schumpeter (1940) declared investment in small scale business as a necessary condition for economic growth. Small scale business plays a vital role to the development of rural economics if not all other economics. One fundamental question that need to asked is have rural economics in Nigeria benefited maximally from small business as it is the casein other parts of the world? The most obvious answer to the above question is negative. Every concerned Nigeria would want to know why the role player by small scale business in development of rural economic in Nigeria is commensurate to what is obtainable in other parts of the world such as Brazil which was at a point in time categorized with Nigeria in terms of economic development, and whether the situation can be turned for the better.

There is no single criterion for classifying a business unit as small, medium or large. The terms small, medium and large are relative different from country to country, industry to industry, institution to institution and there is no unique or accepted definition of these terms.
It is of paramount importance to recognize the definition changes over a period of time depending to a large scale business in the 1950s may be regarded as small today.

Automatic ARIMA Forecasting

Automatic ARIMA Forecasting
EViews 9 Automatic ARIMA Estimation and Forecasting
https://youtu.be/6N5vvyxxREA

Wednesday, 18 April 2018

IMPACT OF EMPLOYEES MOTIVATION ON ORGANIZATIONAL PRODUCTIVITY.

IMPACT OF EMPLOYEES MOTIVATION ON ORGANIZATIONAL PRODUCTIVITY.
(A CASE STUDY OF POWER HOLDING COMPANY OF NIGERIA ENUGU, ENUGU STATE) 

The  study  is  focused  on  the  impact  of  employee  motivation  on organizational  productivity.(A  Case  Study  of  PHCN  Okpara  Avenue).  The population of the study was 96, the sample used is 83. The primary data were collected through the instrument  of questionnaire, interviews and observation. The secondary data were collected from textbooks, journals, magazines,  newspapers  and  libraries.  The  researcher  find  out  that employee  can  improve  their  performance  if  they  are  motivated  in  the workplace.  Also  identify  how  productivity  can  be  improved  through effective and efficient motivation. The researcher recommended that there is relationship between motivation and performance in the organization. Money is a motivator and also influences the worker in the organization. Management  style  also  has  effect  on  the  employee’s  performance.  In conclusion organization that intend to grow must attain and maintain a high level of employee motivation in the organization

Tuesday, 17 April 2018

A REVIEW OF MOTIVATION AS A MANAGEMENT TOOL FOR INCREASING THE PRODUCTIVITY OF EMPLOYEES



This  research  examines  “the  review  of motivation  as a  management tool  for increasing the productivity of employees, a case study of Emenite Limited, Emene, Enugu State. The researcher adopted descriptive survey design. The population of the study is 224 while the sample size is 144. The researcher used both primary and secondary sources of data.  In view of this, four research questions were formulated to generate expected answers. Literal works were reviewed for proper understanding and guidance. Questionnaires, personal interview and observation  were used for collection of primary data. Secondary sources of data were collected from textbooks, periodicals, articles and journals. Tables and simple percentage were  used  for  data  presentation  and  analysis.  Based  on  the  findings,  the researcher  found  out  that  salary  increase,  fringe  benefit,  regular  training, promotion and favourable working conditions are good motivational technique. The  management  of  Emenite  Limited  adopts  various  motivational  techniques including roofing and ceiling their staff houses at a cheaper rate. Finally the researcher proffered among others prompt payment of salary to their employee that will improve motivation in the company.




Monday, 16 April 2018

AN APPRAISAL OF SOCIAL RESPONSIBILITY ON CORPORATE ORGANIZATION IN ENUGU

AN APPRAISAL OF SOCIAL RESPONSIBILITY ON CORPORATE ORGANIZATION IN ENUGU



The research work took a look at an appraisal of social responsibility practice by Anambra Motor Manufacturing Company (ANAMMCO) Emene, Enugu. In an attempt to get to the root of the matter being investigated, four research questions and four hypotheses were proposed. 

The chi square statistics was used to test the hypotheses. The researcher adopted the survey approach. The population of the study is five hundred and ninety (590) staff while the sample size is two hundred and thirty eight (238). The researcher used both primary and secondary sources of data. The primary data was generated through the use of questionnaires and oral interview. The secondary data was sourced through the use of textbooks, journals including newspaper prints from library.

The study revealed that apart from the usually tradition of profit making, business firms can also carry out a successful Social Responsibility practice. The study also revealed that social responsibility practice should be legalized given the negative impact of business organization to the society. Where to source funds for financing social programmes and when business should engage in social responsibility programmes were equally x-rayed. Recommendations were also made to ensure possible completion of the work. These include; proper implementation of social issues, strict application of legislation to compel business firms to be socially responsibly and finally, social responsibility should be better practice than imagined since it still create favorable public image for the business and it is normal and right thing to do.

Sunday, 15 April 2018

So you think you can startup? Here are few questions that you need to answer before you startup your business.  The questions may look small and simple but requires a lot of thought, brainstorming and research to get answers specific to your situation. I haven’t provided answers here( but, yes it has hyperlinks that can help you in the right direction) because this is for you to ponder on. Each one of us can have a different opinion/situation on the below questionnaire, find out yours.
knowstartup.com - startup questions
  1. Why do I want to start a business?
  2. What kind of Business should I start, should it be a product or a service?
  3. What is the problem statement that I am trying to address?
  4. Is my product valuable, does it solve any problem?
  5. How /what will I name my startup?
  6. Is my startup idea any different from what is already available in the market?
  7. Who is my competition?
  8. Do I have the time and patience, a startup requires?
  9. Can I operate my business from Home?
  10. How many employees do I need, how will I hire them?
  11. Who can help me in my venture?
  12. Till how much time should/can I wait to see any substantial output?
  13. How much money do I need?
  14. What will be the right location for my business, How do I choose it?
  15. Who is my target audience and how will I attract them?
  16. Is it better for me to start a franchise or do I really want to create something new?
  17. Should I start just one company or a backup  plan as well?
  18. When can I expect to be profitable?
  19. Do I want to/am I capable of bootstrapping?
  20. How Can I obtain financing?
  21. Do I require a licence?
  22. How will I market my business?
  23. What will my business plan be like? Who will write it?
  24. What all hurdles and setbacks should I expect?
  25. What will my exit strategy be?
  26. Should I pay myself as well?
  27. What will be the outcome, if I fail?
knowstartup- ready to startup
Believe me if you have answers ready to these questions, you are ready for the journey!

Saturday, 14 April 2018

Being successful, learn the power of autosuggesstion

Learn the power of breathing and its relationship with your energy source. The mind is intimately connected with your breathing. For example, when the mind is agitated, your breathing becomes quick and shallow. When you are relaxed and focused, your breathing is deep and calm. By practising deep, abdominal breathing, you will develop a calm, serene demeanour that will remain cool in the hottest of circumstances. Remember the rule of the Eastern mountain men: "to breathe properly is to live properly." 

Recognize and cultivate the power of autosuggestion. It works and is an essential tool in maintaining peak performance. We are all performers in one way or another and it is particularly valuable to use such techniques of athletes and public figures for our own enhancement. If you want to become more enthusiastic, repeat "I am more enthusiastic today and am improving this trait daily". Repeat it over and over. Purchase a legal notepad and write out this mantra 500 times. Do it for three weeks with regular practice and feel that this quality is developing. Very soon it will come. This is a strategy that Indian sages have employed for thousands of years to aid their spiritual and mental development.
Do not be discouraged if the results are not immediate, they will certainly develop. The spoken word is a powerful influencer of the mind. 30. Maintain a diary to measure your progress and to express your thoughts. Writing out not only your successes but your troubles is one of the world's most effective methods of erasing the worry habit, staying in optimum state and developing precision of thought.