Determinants of the Impact of Strategic Managers Skills on Large Scale Business's Performance: A Study of Best Aluminum Manufacturing Company Ltd Onitsha, Anambra state

Abstract

This paper determined the impact of strategic managers skills on organizational performance:  A study of Best Aluminum Manufacturing Company Ltd Onitsha, Anambra state. Strategic managers are managers that occupy the apex leadership positions of both medium and large-scale businesses in the world of business. They are the policy making bodies of corporate organizations. They manage complexities in a business; ensure fund acquisition, allocation and investment decision.  In large scale businesses, they determine dividends that should be paid to shareholders. One research question and one hypothesis guided this study.  Descriptive research survey design was employed in this study. Instrument for data collection was a researcher developed instrument titled “Determinants of the impact of strategic managers skills on organizational performance: A study of Best Aluminum Manufacturing Company Ltd Onitsha, Anambra state” with four rating scales of strongly agree, agree and strongly disagree. The process for validation of the instrument was carried out by two specialists in the department of Business Education and Business Administration departments of Madonna University, Okija Campus, Anambra state. Conbach alpha statistics was used to determine the reliability coefficient of the instrument at 0.78 and 0.80, which showed that the instrument was reliable to be used in this study.  A total of 106 questionnaires were administered to respondents, and a total of 106 questionnaires were returned and used in the analysis of the study. Mean and standard deviation were used to analyze the data collected; Pearson Product Moment Correlation Coefficient was used to test the hypothesis. The findings from the study revealed that strategic managers are outstandingly waging wars against failures of most corporate businesses in competitive business environments. It was recommended in this study that business organizations should employ the services of strategic managers in their businesses. This would prevent their businesses from crunching into sudden failures due to non-existing standard services of strategic managers in their businesses.