Influence of Sustainable Strategic Management Practices on the Performance of Technical and Vocational Education and Training: A Literature Based Review
Abstract
The study examined the influence of sustainable strategic management practices on the performance of technical and vocational education and training in Kenya. The specific objectives was to investigate the effect of strategic planning, Strategy formulation, strategy implementation and strategy monitoring & evaluation on the performance of technical and vocational education and training in Kenya. The study was anchored on two theories: Balanced scorecard model and the theory of change. Based on the literature reviewed, it was found that strategic management practices included strategic planning, strategy formulation, strategy implementation and strategy monitoring & evaluation. The study also found that sustainable strategic management has been identified as a veritable tool for improving the competitiveness, performance levelsand structural development of organizations.. The study also established that sustainable strategic management not only gives a firm a competitive advantage but also improves its performance. . The study concluded that a positive and significant relationship was found to exist between strategic planning, strategy formulation, strategy implementation and strategy monitoring & evaluation and performance. Sustainable strategic management involves understanding the strategic position of an organization, strategic choices for the future and managing strategy in actions. The study recommended that sustainable strategic management practices need continuous and sustained supervision, improvement and proper implementations if an organization desire to achieve any organization growth. The study also suggested institutions develop and select the most appropriate courses of action to accomplish its defined goals and objectives will, in turn, enhance its performance.. The study recommended that the technical and vocational education and training should ensure that all the components of strategic management practices (strategic planning, strategy formulation, strategy implementation and strategy monitoring & evaluation) are evaluated from time to time. .
Keywords: Strategy planning, Strategy formulation, strategy implementation, strategy monitoring & evaluation, performance, TVET, Kenya
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