Strategic Options for Improved Organizational Performance in the Nigerian Telecommunication Industry: Miles and Snow Approach.
The global telecommunications industry has witnessed tremendous challenge in the last two decades. Telecommunications companies in Nigeria have formulated policies that could enable them to cope with the global challenge. However, most of them have not really employed strategic options that could...
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Format: | Article |
Language: | English |
Published: |
Danubius University
2021-04-01
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Series: | Acta Universitatis Danubius: Oeconomica |
Subjects: | |
Online Access: | https://dj.univ-danubius.ro/index.php/AUDOE/article/view/637/1279 |
Summary: | The global telecommunications industry has witnessed tremendous challenge in the last two
decades. Telecommunications companies in Nigeria have formulated policies that could enable them
to cope with the global challenge. However, most of them have not really employed strategic options
that could enable them to cope with the changing condition. The main objective of this study is to
examine the effect of Miles and Snows strategies which is considered the major approach that could
promote competitiveness in the industry to enable them manage and survive other present and future
challenges. The study adopted survey research design and population composed of 7,567 top and middle
level management staff of four major service providers MTN, Airtel, Globacom and 9Mobile with
sample size of 380 determined scientifically through Yamane’s formula. Combinations of judgemental
and stratified random sampling techniques were used to select participants for the study from the
selected Telecommunication Companies. Out of the 380 content validated questionnaire subjected to
cronbach’s alpha measure of reliability distributed, 369 were retrieved representing a response rate of
97.1%. The study reaffirmed the efficacy of Mile and Snow’s competitive strategy. It was
recommended that Telecom Company should adopt prospector, analyzer, and defender strategies to
improve their performances. |
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ISSN: | 2065-0175 2067-340X |