Strategy Implementation and Financial Performance of Finance Institutions in Kenya: A Case of Shelter Afrique


  • Faith Chepkoech Kirui Catholic University of Eastern Africa Kenya
  • Dr. Okumu Ndiao Catholic University of Eastern Africa Kenya
  • Dr. Susan Wasike Catholic University of Eastern Africa Kenya


Leadership, Resources, Culture, Financial Performance


Firms operate in a turbulent and dynamic business environment characterized by fast-paced and constant changes that calls for new strategies.  Organizational financial performance defines the competitiveness, economic interests of the company's management, potentials of the business and reliability of the present or future contractors. Financial performance analysis identifies an organization's weaknesses and strengths, and this contributes to the management, shareholders and the public. This study was guided by three main objectives; to determine how organizational culture affects financial performance, to assess the role leadership plays in enhancing financial performance and to establish the effect of resources on financial performance in Shelter Afrique, the Pan-African Housing Finance Institution headquartered in Nairobi, Kenya. A theoretical review, empirical review, critical review of literature, knowledge and the conceptual framework was also provided. A census was conducted on 55 employees of Shelter Afrique based at the Head Office. The findings indicated that strategy implementation had a significant positive effect on the financial performance of Shelter Afrique. Aspects on resources, leadership and organizational culture enhance an organization's competitive advantage thus improving its financial performance. The study also recommended that management needs to set high performance systems to enable employees to achieve their strategic goals thus enhancing the overall performance of the organization. 

Keywords: Leadership, Resources, Culture, Financial Performance

Author Biographies

Faith Chepkoech Kirui, Catholic University of Eastern Africa Kenya

MBA Student, School of Graduate Studies

Dr. Okumu Ndiao, Catholic University of Eastern Africa Kenya

Lecturer, School of Graduate Studies, Catholic University of Eastern Africa

Dr. Susan Wasike, Catholic University of Eastern Africa Kenya

Lecturer, School of Graduate Studies, Catholic University of Eastern Africa


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How to Cite

Kirui, F. C., Ndiao, D. O., & Wasike, D. S. (2018). Strategy Implementation and Financial Performance of Finance Institutions in Kenya: A Case of Shelter Afrique. Journal of Strategic Management, 2(4), 21–36. Retrieved from