Determinants of Effective Strategy Imeplementation in Commercial Bank of Ethiopia: The Case of Ambo District

Abstract

This article addresses determinants of effective strategy implementation in commercial bank of Ethiopia: The case of Ambo district. The objective of the study was to look into the factors influencing the Commercial Bank of Ethiopia’s Ambo District strategy’s execution. The study used both descriptive and explanatory research methodologies, with a focus on CBE Ambo District workers and a sample of 290 respondents. For the investigation, both primary and secondary data were employed. The primary data was collected using questionnaires and an interviewing guide. For the analysis of the data both descriptive and inferential tactical tools were used. A range of metrics, such as percentages, means, standard deviations and frequencies, were employed. The study employed a multivariate regression model to investigate the relationship between the independent and dependent variables. The study concluded that the efficacy of the strategy implementation process in CBE, Ambo District, is greatly influenced by organisational leadership, structure, resource allocation, culture and staff dedication. In order to accomplish the intended goals and objectives, it is advised that CBE Ambo district pay attention to the strategy implementation process and the elements impacting its success. In addition, the strategy’s execution procedures require sufficient money, on-going oversight and improvement for the success of the firm.

Keywords: Effective Strategy Implementation, Organisational Structure, Organisational Resources, Organisational Culture, Organisational Leadership and Employee Commitment

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