Browsing by Author "Olawale, Y.A"
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Item Critical Success Factors for Corporate Entrepreneurship Development in Selected Organizations in South-West Nigeria(The Pacific Journal of Science and Technology, 2017-11) Adeoti, J.O; Olawale, Y.A; Oludele, M.A; Mulikat, ACorporate entrepreneurship is crucial to the survival of organizations in the face of stiff global competition. This study seeks to examine the Critical Success Factors for Corporate Entrepreneurship Development in Selected Organizations in South-west Nigeria. The specific objective was to examine the relationship between management support for corporate entrepreneurial development and corporate goals achievement in the fast moving consumer goods companies in South-west Nigeria. Two hundred and five (205) respondents were sampled from middle management to executive level within consumer goods sector in South-west Nigeria. The sampled companies are Nigerian Breweries, Guinness Nigeria, Pepsi, Coca-Cola, Unilever Nigeria, PZ Cussons, Flour Mills of Nigeria Plc., Cadbury Nigeria Plc., Dangote Group Industries (flour mills). Primary source of data, using structured questionnaires was employed to collect relevant data for this study. Findings from the study revealed that rewards for corporate entrepreneurship (Pearson Correlation = .958, p<0.001), support for corporate entrepreneurship (Pearson Correlation = .947, p<0.001), empowered, autonomous employees (Pearson Correlation = .910, p<0.001), supportive organizational structure and organizational boundaries (Pearson Correlation = .824, p<0.001) and time and resource availability (Pearson Correlation = .814, p<0.001) have statistically significant relationship with corporate goal achievement. The study therefore recommended that management should concentrate more on strategic leadership and support to enhance corporate goal achievement.Item Effect of Strategic Information Systems Support on Competitive Advantage in Organization in Nigeria(African Journal of Social Sciences. Department of Business Administration University of Ilorin, Ilorin, Nigeria, 2016) Adeoti, J.O; Balogun, S.A; Olawale, Y.AThis study examines the impact of information systems support on organization performance in Lagos State. The specific objective was to: examine the strategic use of information systems support for competitive advantage in organization. In an attempt to achieve the objective, two hundred and fifty-eight (258) respondents at managerial level were sampled from Nigerian Breweries, Guinness Nigeria, Nigeria Bottling Company Ltd, PZ Cussons Plc, Flour Mills of Nigeria Plc, Cadbury Nigeria Plc, and Unilever Nigeria Plc. The primary method of data collection used to collect relevant data was structured questionnaires. Descriptive statistical tools such as frequency count, percentage and charts was used in analyzing the demographic data of respondents, while inferential statistics such as multiple regression analysis and correlation analysis was used to analyze the research hypotheses. Findings from the study revealed that strategic use of information systems support contributed 71.5% to gaining competitive advantage (R2=0.715), and it was captured under innovative applications that provide direct strategic advantage to organizations (B=0.478, p<0.05) with 47.8% prediction; business process effectiveness (B=0.181, p<0.05) with 18.1% prediction; cost reduction (B=0.181, p>0.05) with 18.1% prediction; and linking company with its business partners effectively and efficiently (B=0.194, p>0.05) with 19.4% prediction. Finally, the study recommended that organizations must establish all aspects of their planning structures based on strategic planning and they have to continue being innovative and investing in information systems support to stay ahead of the competition and stay afloat in the market.Item Impact of Intrapreneurship on the Corporate Goal Achievement of Selected Food and Beverage Firms in Lagos State, Nigeria(KIU Journal of Social Sciences, Kampala International University, 2016) Adeoti, J.O; Olawale, Y.A; Oludele, AGlobalization has changed the world‟s economic order, bringing with it new challenges and opportunities. Food and beverage firms cannot compete in this new environment unless it becomes more innovative and responds more effectively to consumers‟ needs and preferences. This study examines the impact of intrapreneurship on the corporate goal achievement of food and beverage firms in Lagos state, Nigeria. The specific objectives of this study are to investigate the impact of management support for intrapreneurial dimension on corporate goals achievement of the selected food and beverages firms in Lagos state; and to assess the organizational factors for intrapreneurship that affect innovative performance of the selected food and beverages firms in Lagos state. The study develops and tests a theoretical research model where the management support for intrapreneurial dimensions and organizational factors for intrapreneurship are the independent variables; corporate goal achievement and innovative performance are the dependent variable via a questionnaire study covering 361 respondents from five (4) food and beverage firms in Lagos State in Nigeria, using purposive sampling techniques. The study therefore revealed that management support for intrapreneurship contribute significantly to corporate goal achievement, and this contribution is captured under the paradigm of three dimensions: innovativeness (beta =.253, t=2.246, p<0.05), risk-taking (beta =.794, t=6.296, p<0.05), and proactiveness (beta =.211, t=1.932, p>0.05). The study also shows that internal supportive environment especially management support for innovation (beta =.358, t=5.352, p>0.05), tolerance for risk taking (beta =.149, t=2.246, p>0.05), performance-based reward system (beta =.382, t=15.752, p>0.05), allocation of free time (beta =.284, t=4.226, p>0.05) and work discretion to their intrapreneurs (beta =.329, t=4.835, p>0.05), have positive impact on innovative performance. The study therefore recommended that management should be cognizant of the fact that they should concentrate more on empowerment, flexibility in drafting organizational policies, provide necessary support and act positively to the innovative activities by encouraging risk taking initiatives among the employees and also management should design appropriate reward system such as financial reward, recognition and appraisal on significant achievements and organization should ensure the availability of resources such as time, materials and funds in supporting new ideas.Item Impact of Marketing Information System on Product Performance in Nigerian Bottling Company Limited(KIU Journal of Social Sciences, Kampala International University, 2016) Adeoti, J.O; Olawale, Y.A; Oladunni, AMany organizations fail to realize that the survival of their products in the competitive market is a function of their commitment to building and maintaining reliable marketing information system that is encompassing and embracing. This is because many companies in developing countries are often successful for a short period of time as they launched a new attractive product or an appealing service, but find it difficult to sustain over a longer period of time due to failure to continually gather information about the changes in market situation. Thus, this study examined the impact of marketing information system on product performance in the marketing department. The population of the study is the staff in the marketing department of the firm‟s plant in kwara, Lagos and Oyo which consist of five hundred and twenty six (526) respondents. Data for the study were collected through administration of questionnaire to a randomly selected sample of 226 staff of Nigerian Bottling Company Plants. The data were analysed and hypotheses tested using regression analysis. The study revealed that marketing information system has significant effect on sales volume and that marketing information system has significant impact on product performance. The study concludes that company with effective and efficient marketing information system will develop competitive products that meet existing and potential buyers‟ expectation in the market than organisation that do not have well organized and good marketing information system. Therefore, the study recommends that the company should develop and maintain advanced marketing information systems that provide company management with rapid and incredible information about consumers‟ needs and wants, preferences and behaviour.Item The Impact of Micro-Finance Institutions Credit on the Survival of Small- and Medium-Scale Enterprises in Irepodun LGA of Kwara State, Nigeria(The Pacific Journal of Science and Technology, A Publication of the Akamai University., 2015) Adeoti, J.O; Gbadeyan, R.A; Olawale, Y.AThe failure of many small-scale businesses in Nigeria is largely due to a shortage of finances for a continued period of time. The microfinance banks serve as a bailor to the financial collapse that would have befallen many of these businesses. This paper looks at the impact of microfinance credit on the survival of small- and medium-scale businesses in Irepodun Local Government Area (LGA) of Kwara State, Nigeria. The two functional microfinance banks in the Irepodun LGA were the population/sample for this study. ANOVA was used to test the hypothesis. The findings revealed that microfinance banks contribute significantly to the survival of small- and medium-scale enterprises in the study area. The study recommends that: repayment periods should be increased and more funds should be released to potential entrepreneurs for enterprise creation and to generate more employment.