CORPORATE PLANNING AND ORGANIZATIONAL GROWTH IN BUA CEMENT PLC OKPELLA, EDO STATE

This study examines corporate planning and Organizational growth in BUA cement Plc, Okpella Edo State. This study adopted the descriptive research design. This study used the primary method of data collection; the primary data for this study was collected using structured questionnaires; the researcher used descriptive statistics and inferential statistics to analyze data. Statistical Package for Social Sciences (SPSS) was used to generate the statistical output. The study reveals that; Corporate planning significantly prevent corporate failure in Nigeria manufacturing industry; Corporate planning has a significant influence on profitability in Nigeria manufacturing industry; Corporate planning significantly enhance organizational growth in Nigeria manufacturing industry. In line with the findings, the study recommended that; management of BUA cement, as a matter of necessity and in order to improve their level of performance, should look beyond the issue of clear objectives to effectively and efficiently communicate to those pre-determined and clearly stated objectives to all organizational members with the responsibility of executing this task; Employees should be allowed to participate actively in the process of decision making. Participation makes employees more responsible. It also gives them a feeling of dignity, status and recognition, lastly the study recommended that management should provide and encourage the use of regular meetings with employees in lower levels like discussion group programs, production meetings, committee meetings and departmental meetings. There should also be a forum for open discussion between managers and supervisors. This will enable those involved to speak their minds on matters concerning the way forward for the organisation.