STRATEGIC CHANGE: A PANACEA FOR ORGANIZATIONAL PERFORMANCE

This research study examined the strategic change a panacea for organizational performance with special reference to access bank Plc., Aba as an organization of study problems such as high labour turnover, poor employee performance and low productivity led to this study in line with the problem of the study. The objectives were to examine the relationship between strategic change and labour turnover. To determine the relationship between strategic change and employee performance, and to determine the extent to which strategic change enhance organizational productivity. The researcher employed directive survey method. The population of the study was 400 and a sample size of 200 was determined using the Yaro Yamane formula. Table and percentage were used to analyze the data collected. While correlation co-efficient were used to text eh hypothesis formulated. The findings revealed that there is significant relationship between strategic change and labour turnover; secondly there is significant relationship between strategic change and employee performance and productivity. It was recommended that organization have to employ productivity. It was recommended that organization have to employ productive manages who should strategic on how to handle economic volatility at any point in time. Secondly of enhance productivity, organization should train employees to develop skill and talents in handling organization issues .