Business Transformation and the Performance of Manufacturing Frms in Nigeria
DOI:
https://doi.org/10.59890/ijasr.v2i4.1659Keywords:
Business, Transformation, Performance, ManufacturingAbstract
The business atmosphere is increasingly becoming competitive due to the reality of global dynamics. Thus, firms especially, the manufacturing sub-sector need to adopt transformation strategies to enable them compete favorably. This study titled Business transformation and Performance of the Manufacturing Firms in Nigeria is written to examine the effect of business transformation on performance of manufacturing sub-sector in North-Central Nigeria. The population of the study was 1404 spread across the selected manufacturing firms in Nigeria. However, due to the fact that the population is large the researcher utilized the Godden sample size statistical technique to reach 302 respondents, however, only 284 respondents completed and returned their questionnaire which shows a retrieval rate of 94%. More so, the study applied research survey design, and the statistical tools applied comprised descriptive and parametric statistics. More so, the hypothesis was tested using simple linear regression analysis. The findings revealed that there is a significant positive relationship between Technological Resource application and First Pass Yield (r =.939, p-value <0.05. In view of the finding, the study concluded that there is a significant positive relationship between Business transformation and Performance of manufacturing firms in Nigeria. Anchored on the finding the study recommends that a Business Transformation techniques should be improved and periodic review be carried out in order to sustain and improve performance.
References
Adegbie, F.F; Adeniji, N. (2017).The Challenges and Prospects of Manufacturing Sector on Nigeria Economy. Asian Online Journal Publishing Group.
Afolabi, A; Laseinde, O.T. (2019). Manufacturing Sector Performance and Economic ;Growth in Nigeria. International Conference on Engineering for Sustainable World.
Agbionu, C.U. (2018). Encouraging and Sustaining Manufacturing Industries in Sothest Nigeria For Industrialization of Africa: A critical Analysis and Action-based Evaluation. Unizik Journal of Business, 1 (1).
Agu, O. A; Anichebe, N.A; Maduagwu, N. E. (2016).Impact of Globalization on Nigeria Manufacturing Sector.Singaporean Journal of Business Economics, and Management Studies.5(5).
Akpan, L.P., Ememuo, V., Onyechere, P.O. (2019). Business environmental imperatives and sustainable Growth of Food and beverage firms in a Developing Economy. International Journal of Recent research in Commerce, Economics and Management, 6(3).
Aljazzi, F., Galal, M.A., Khalifa, N.A., Abdel, M.H. (2022). Business process reengineering: A literature based analysis of implementation measures. Information, MDP1.https://creativecommon.org.
Andre, P. (2021). Module Tester First Pass Yield Improvement. Metropolia University of Applied Sciences, 1.
Asare, Y. O; Emmanuel, B. (2018).The Impact of IT-technological Innovation on the Productivity of a Bank Employee.Cogent Business and management.
Aysar, M.K. (2019). The Effect of Business Process Re-Engineering on Organizational Performance: The Mediating Role of Information and Communications Technology. International Journal of Business and Management.Vol.14. No. 9.
Baber, M., Islam,K., Ullah, A& Ullah,, W. (2024). Libraries in the Age of Intelligent Information: AI-Driven Solutions. International Journal of Applied and Scientific Research,2(1), 153-176, https://doi.org//10.59890/ijasr.v2i1295.
Claudia. T., Chris, E. (2015). Highlithing the importance of testing in the product development process. Proceedings of the 20th International Conference on Engineering Design, (ICEDIS), volume II.
Edna, I.B., Samson Joel A. (2021). Organizational Culture and Performance of Commercial Banks in Kogi State. Journal of Good Governance and Sustainable Development in Africa, 6(2),17-26. Retrieved from http://journals.rcmss.com/index.phb/jggsda/article/view/85.
Ibrahim, U. (2024). The Role of Cloud Computing in Transforming ICT Infrastructure in Educational Institutions. International Journal of Applied and Scientific Research,2(2), 213-226, https://doi.org//10.59890/ijasr.v2i12.1333.
Igor, F; Alexander, S; Yury, T; Nixon, O. (2021). Improving Business Process Efficiency and Quality by Using BPMS, 10th International Scientific and Practical Conference, Proceedings.
Jan, M; Nicholas, B; Stefan, S; Thomas, G. (2021). Pluralism and Pragmatism in the Information Systems Field: The Case of Research on Business Processes and Organizational Routines. Researchgate.
Kabiru, J. R; Mohammed, R.R; Norlena, H. (2012).The Moderating Effect of IT Capability on the Relationship between Business process Reengineering Factors and Organizational Performance of Banks .Journal of Internet Banking and Commerce.17(2).
Kehinde, S. (2024). Impact of Leadership Styles on Organizational Productivity: a case study of Zenith Bank Nigeria plc.. International Journal of Applied and Scientific Research,2(1), 105-122, https://doi.org//10.59890/ijasr.v2i/1231.
Kunle, T. M. (2015). Promoting Partnership among Private Ceramic Firms/Practitioners and Tertiary Institutions in Nigeria for Improved Ceramic Productivity.Journal of Ceramics.Vo.2.
Laura, S; Madalina, C; Anbdy, S; Pompillu, C. (2018).Rethinking the Business Process Through Reengineering. Journal of Applied Economic Science, Volume 11 (1).
Malik,A.A., Audu, S. (2023). Globalization as Catalyst for International Entrepreneurship.Journal of Internationals Relations Security and Economic Studies, 2(3),65-72. Retrieved from http://journals.rcmss.com/index.phb/jirses/article/view/822.
Muharman, L., Lyvia, W.L., Arif, R.L. (2022). Business Process Reengineering: Strategies for Health Management Services in Puskesmas. Proceedings of sixth International congress on Informational and communication technology.
Ndirangu, F. W; Patrick, M; Kibachia, J. (2017). Contribution of Business Process reengineering on Performance of Manufacturing Firms: A case study of Bralirwa Ltd. The International Journal of Business and Management, Vol. 5 (9).
Norlena, H; Kabiru, J. R; Mohammed, R. R. (2017).Assessing the Implementation Level of Business Process Reengineering Factors in Malaysian Islamic Banks. Journal of Advanced Research in Business and Management studies.7 (1).
Nzewi, H. N; Nzewi, U. C; Moneme, P. (2015).Business Process Reengineering and Performance of Courier Service Organizations in Anambra State, Nigeria.American Journal of Social and management Studies.6 (1).
Okonkwo, I. E. (2014).Students Perception of Ceramics Education in Nigerian Tertiary Institutions. African Research Review: An International multidisciplinary Journal, Ethiopia, Vo, 8(2).
Omale, S.A; Oriaku, C. (2017). Business Process Reengineering and It Impact on the Performance of Manufacturing Firms in Nigeria: An Empirical Evaluation. European Journal of Business and management, 9 (29).
Orogbu, O. L; Onyeizugbe, C. U; Onuzulike, N. F. (2015).Business Process Reengineering and Organizational Performance of Selected Automobile Firms in Southeast of Nigeria.European Journal of Business Economics and Accounting, 3 (5).
Pathmandan, P., Naresh, B., Shanker, G., Deepark, B., Narayanan, R. (2019). Six Sigma Methodologies for Increasing the First Pass Yield Rate of Engines in Manufacturing. Journal of Advanced Research in Quality Control and Management, vol. 4 (1).
Purnamasari, D.I; Heriya;nto, N. A; Oliver,S.S. (2020). Factors affecting the use of online Application for Business Process Reengineering Acceleration in micro, small and medium Enterprises as a consequence of Covid-19 Pandemic. Archives of Business Research. 8(8).
Schuh, G; Gudergan, G; Feigen, B.A; Buschmeyer, A; Krechting, D. (2015). Business Transformation in the Ma;nufacturing Industry. How Information Acquisition, analysis, usage and distribution affects the Lifecycle-product-service systems. Elsevier Science Direct. CIRP 30.
Tobias, O., Stephen, K. (2021). Maintaining business process complianc despite changes: a decision support approach based on process adaptations. Journal of Decision systems.
Uchenna, A.C., Audu, S.J. (2021). Business Process Reengineering and Performance of Manufacturing Firms in North-Central Nigeria. Journal of Good Governance and Sustainable Development in Africa, 6(3),75-87. Retrieved from
http://journals.rcmss.com/index.phb/jddsda/article/view/282.
Uchenna, A.C., Audu, S.J. (2022). Dynamic Capability and the Performance of West African
Ceramics Limited Ajaokuta, Kogi State. International Journal of Democratic and Development Studies, 5(2),15-30. Retrieved from http://journals.rcmss.com/index.phb/ijdds/article/view/605.
Ugwu, S.C. (2006). Public Policy Analysis; Issues, Principles, Theories and Applications.; Chiezugo ventures.
Waidi, A. A. (2014). Business Process Reengineering and Customer Responses in Selected Food and Beverages Companies in Lagos State. Review of Public Administration and Management, Vol. 3 No. 5.
Wardhanie, A.P., Amelia, T. (2022). Implementation of Business Process Reengineering during New normal in Dinamika University Library. Managemen Bisnis, 12 (1).
Yananda, S., Siraphatthada, T., Phusanisa, S., Pawintana, C., Duddaow, B. (2022). Process Innovation of local economy to enhance the value added of creative and experiential Community-based agro-tourism: GI Durian in Ban Naiwongtai. Journal of Positive School Psychology, 6 (5).
Zangyay, G. (2024). Digital Transformation in Health: A Comprehensive Review of Current Status and Future Perspectives. International Journal of Applied and Scientific Research,2(1), 353-370, https://doi.org//10.59890/ijasr.v213.1558.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Audu Samson
This work is licensed under a Creative Commons Attribution 4.0 International License.
