Capacity Building: A Timeless Managerial Responsibility for Achieving Organization’s Success in Akwa Ibom State

Authors

  • E. O. Etim Department of Accounting Faculty of Business Administration University of Uyo, Uyo. Akwa Ibom State, Nigeria
  • I. N. Ebito Department of Business Management University of Uyo, Uyo, Akwa Ibom State, Nigeria

Keywords:

Capacity building, change, complex environment, organizational success

Abstract

Capacity building is a conscious strategic measure to solve problems of change in organizations and is often seen as a medium and long term strategy to address major changes in the organizations’ environment. This study present the strategy as a timeless activity which management has to embark on following continuous monitoring and evaluation of the operational environment to keep pace with constant changes prompted by complex and multidimensional business environment of modern days. The study adopts a survey design. Data were obtained from fifty middle and senior management personnel of public interest entities operating in Uyo, Nigeria. The sample was purposively selected. Data collected were analyzed using measures of central tendency involving mean, standard deviation and simple percentage. Results show necessity for timeless capacity building strategy if organizations must succeed. It is therefore recommended that adequate monitoring and evaluation be conducted regularly to confirm needs for capacity building, to enable organization stay competitive, successful and not adopt fire-brigade approach to changes that befall it. This is because without good capacity building programmes, complex enterprises tend to become chaotic in ways that threaten their very existence.

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Published

2023-06-01

How to Cite

Etim, E. O., & Ebito, I. N. (2023). Capacity Building: A Timeless Managerial Responsibility for Achieving Organization’s Success in Akwa Ibom State. International Journal of Finance and Management in Practice (IJFMP), 2(1), 51–59. Retrieved from http://icidr.org.ng/index.php/Ijfmp/article/view/550

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