Influence of Intrapreneurial Strategies on Performance of State Corporations in Kenya
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Abstract
The performance of state corporations in Kenya has not been as expected, as demonstrated by reports of unrelenting financial and managerial woes. In an attempt to reign on the poor performance, the government has developed policies on how to manage the state corporations, with emphasis on self-sustainability. The requirement to be self-sustaining demands that state corporations continuously innovate, improve themselves and competitively market their products and services, which in essence is entrepreneurship/intrapreneurship. This paper looks at role of organization strategies on performance of State Corporations in Kenya. The paper objectives were to establish the role of Support structure and Product champion strategies on organization performance. It was found out that there is relationship between intrapreneurship strategies (support structure and product development) and the two strategies affect the commercial public organization by 12.2%. The paper recommends that; management should encourage organization innovation and creativity as well as encourage implementation of new ideas and not following the rigid rules. This will encourage the employees to develop new products and services to enable the organization have a competitive edge in the market.