Effect of Management Strategies on Employees’ Job Performance of Pharmaceutical Businesses in Akure, Ondo State
Abstract
The study investigates how management strategies influence the way employees perform their duties in pharmaceutical businesses in Akure, Ondo State. the study employed a survey research design to collect data from registered members of the Association of Community Pharmacies of Nigeria (ACPN), Akure, Ondo State with a total respondent of 76. Three (3) employees were randomly selected from each of the registered members of ACPN in the study area. A total of 228 employees were chosen as the population and sample size for the study using a multi-stage sampling procedure. A structured questionnaire was adapted, validated, and used to collect data for the study with a response rate of 89%. The reliability test was determined using Cronbach’s alpha and all the variables yielded above 0.7. Descriptive statistics were used to analyze the demographic characteristics of the respondents while multiple regression analysis was used to analyze management strategies on employee job performance in pharmaceutical businesses in the study area. Findings revealed a positive relationship between employee motivation and employees’ job performance (R = 0.489, R2 of 0.239, F- statistic = 15.574, P < 0.05) job design and employees’ job performance (R= 0.325, R2 = 0.106, F-statistic = 7.839, P < 0.05), working condition and employees’ job performance (R = 0.578, R2 = 0.334, F-statistics = 24.840, P < 0.05.), management style and employees’ job performance (R= 0.594, R2 = 0.353, F-statistics = 36.158, P < 0.05.). The study recommended that the adoption of employees’ motivation, job design, working conditions, and management style could lead to improved employee job performance in the pharmaceutical business. Therefore, the investors in the pharmaceutical business need to develop internal strategic measures that will promote these variables in the management practices.
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