Home / Business Administration / PROBLEMS OF EFFECTIVE MANAGEMENT IN GOVERNMENT OWNED COMPANIES

PROBLEMS OF EFFECTIVE MANAGEMENT IN GOVERNMENT OWNED COMPANIES

 

Table Of Contents


Title page   —       –       –       –       –       –       –       –       –       –       – i    

Declaration —       –       –       –       –       –       –       –       –       –       -ii

Approval page —   –       –       –       –       –       –       –       –       –       -iii

Dedication —         –       –       –       –       –       –       –       –       –       -iv

Acknowledgement —       –       –       –       –       –       –       –       –       -v    

Table of content   —         –       –       –       –       –       –       –       –       -vi                 Abstract —   –       –       –       –       –       –       –       –       –       –       -vii


Thesis Abstract

Abstract
Effective management is crucial for the success of any organization, including government-owned companies. However, these entities often face unique challenges that can hinder their ability to manage effectively. This research project aims to identify and analyze the problems of effective management in government-owned companies, with a focus on understanding the underlying issues and exploring potential solutions. One of the key issues that government-owned companies face is political interference. As these organizations are under the control of the government, they are often subject to political pressures and interventions that can disrupt the management process. This interference can lead to decision-making based on political considerations rather than what is best for the company, resulting in inefficiencies and poor performance. Another challenge is the lack of autonomy and flexibility in decision-making. Government-owned companies are often bound by bureaucratic processes and regulations that can slow down decision-making and limit the ability of managers to respond quickly to changing circumstances. This lack of agility can make it difficult for these companies to adapt to market changes and compete effectively. Additionally, government-owned companies may struggle with issues related to accountability and transparency. Due to their public ownership, these organizations are expected to operate in the public interest and be accountable to the government and the public. However, achieving transparency and accountability can be challenging, especially when there are conflicting priorities or interests at play. Furthermore, government-owned companies may face challenges related to talent management and workforce development. These organizations may struggle to attract and retain top talent due to factors such as lower salaries compared to the private sector and limited opportunities for career advancement. This can impact the company's ability to innovate and compete in the market. In conclusion, the problems of effective management in government-owned companies are multifaceted and require a comprehensive approach to address. By understanding the unique challenges that these organizations face, it is possible to develop strategies and solutions to improve management effectiveness and ultimately enhance the performance of government-owned companies.

Thesis Overview

       INTRODUCTION        

1.1   General Background to the subject matter

        There was Hills in Udi near Enugu in the then Anambra state. It was in 1909 that one of the most important minerals called ‘coal’ was discovered.

        Although further exploration continued the existence of coal in abundance in different parts of the country. Presently, the proven coal reserve in the country is over 1.5 billion tones.

        The quality of coal has been tested and accepted in the world market as one of the book. On the 18th of November 1949, 21 coal miners were killed at Iva valley mine in Enugu during a shooting incident. The miners engaged in a go-slow strike action to back up their demand for bread were given bullets. Following this incident a commission of inquring headed this incidents a commission of inquring in to the Enugu shooting incident in 1949.

 In its findings, Fitzgerald commission recommended that independents bodies be set up to manage business established by government.

        And so the Nigeria coal corporation was born through the enactment of ordinance No 29 of 1950. before this time, Nigeria coal corporation was jointly administered with Nigerian Railways under the ordinance 29 of 1950. the corporation is solely changed with the responsibility to mine treat, render saleable and sell coal and coal by-products in Nigeria and Overseas.

         In 1977, the Federal Government entered into a contract with overseas coal mining construction company of Poland (KOPEX) for the mechanization of the two (2) Enugu coal mines. The project was designed to increase daily product of coal from about 400 to 100 tounes. Contrary to expectation, kopex due to technical reasons and in consequence daily production reasons and in consequence daily production hardly exceeded two tones. The scheme was finally terminated in 1983. It is a matter of great concern that the industry suffered a servere decline and came to its present how to ebb inspite of government efforts to raise its tones.

 1.2   PROBLEMS ASSOCIATED WITH THE SUBJECT MATTER

Since the research is on the problems of effective management in government owned companies. The research took an indepth look at the problems militating against effective performance in government owned companies, before narrowing down to Nigeria coal corporation, Enugu.

        Some of the problems of government owned companies high lighted in this research work are:-

  1. Government does not have the mechanism to manage companies. In government procedures appears more important than result and discreation appears limited
  2. In government owned companies nobody wants to take the bame for a mistake

Consequently executives of government owned companies usually take minimal asks for fear of having to explain to the ministry as bold decision that has not worked out well.

  1. Government owned companies follow government employment policies like salary awards, special grades for certain categories of labour etc. irrespective of productivity and whether or not such a policy is appropriate.
  2. The idea of “government owned” in Nigeria corrayes inefficiency and mediocrity.

Suppliers immediately refuse them normal good business dealings like credit facilities and are afraid of the constant charges that occur in such companies.

        It id in the opinion of the researcher that where this problems are taken note of the recommendation in this research work adequately carted for in planning g there is no doubt management of government owned companies will realize or achieve its predetermined mission, goal and objectives on time.

This is purely whast effectiveness and efficiency of management are all about.

 1.3   Problem(s) that the study will be concerned with

it is of general concerns as that government owned companies in Nigeria are performing below the expectation of the private enterprise. It is against this that the researcher concentrated on the problems the management are having in mistake these companies to achieve its goals and objectives.

        Hence the researcher work was on identifying and analyzing this problems and possibly making some useful recommendation to these problems.

        The research work had a major limitations due to the fact that the study was carried out on only one company. (Nigeria coal corporation Enugu) out of several other government owned companies in Nigeria.

        This may not serve as an ideal situation for generalization but the fact that the company operate within the same socio-economic environment, it was considered a fairly representative sample.

        The management of Nigeria coal corporation saw the work as mere academic exercise. They deliberately kept away some official documents that would have helped in the research work due to official policy against releasing such documents.

1.4   The Importance of studying the area

The aim and importance of studying this area is to examine all the various problems militating against effective management in Nigeria coal corporation. Enugu. To trace the root causes of the problem and suggesting solution for its remedies.

 These problems include:-

1.     A look at the contribution of appointments to the executive positions and seeking appropriate remedies.

  1. It will take a look at finding and concrete ideas for the effective and corporation Enugu.

iii.   to find out what lead to the termination in 1983 of a contract signed by the government in 1977 with a mining construction company of Poland (kopex) for the mechanization of the two Enugu mines. This contact was designed to increase the daily production from 400-1000 tones per day.

iv     Finally, it will examine the relationship between the management and the workers, management and Board of Directors and management and the government

v     It will also examine wheather appointment to the executives and managerial positions should be made by the government or by Board of Directors.

 1.5   Definition of Important terms

                Most of the terms used are managerial terms which includes:-

        Management

According to koot2 and O’ Donnell (1968), “Management is the process of geeting things done through and with other in an organization individual is allowed to work in an organization so long as his individual goal does not conflict with the organsational goal.

       Ejifor (1981) defines management as “the art or science of working in an organization through being directed by and by directing and co-odinating the activities of people to achieve one’s personal goals in the context of the goals of one’s organization.

 Motivation

        Vroom (1964) defined motivation as a process governing choices among alternative forms of voluntary activity.

 Management by objectives (MBO)

        George Odiome define management by objectives as a process whereby the superior and subordinate manager of an organization jointly identify its common goals, define each individuals major areas of responsibility in terms of the results expected of him and use these measures as guides for operating the unit and assessing the conbutations of each of its members.

 References

1.     Ejiofor P.N.O (1982) management in Nigeria –

Theories and issues. Onistsha, Africana – Fep. Publishers Limited P. 208

  2.     Herold koont2 and Hein2 W. (1990) Essentials of

Management. New  York MC-Graw Hill publishing company P.320

 3.     Geroge S. Odiorne; MBO –system of Managerail

Leadership London; sir Isaace Pitman and sons limited.

 4.     Drucker Peter (1954). The practice of management

New York: Harper and Row.


Blazingprojects Mobile App

📚 Over 50,000 Research Thesis
📱 100% Offline: No internet needed
📝 Over 98 Departments
🔍 Thesis-to-Journal Publication
🎓 Undergraduate/Postgraduate Thesis
📥 Instant Whatsapp/Email Delivery

Blazingprojects App

Related Research

Business Administrat. 4 min read

Analysis of the impact of technology on supply chain management in the retail indust...

The project titled "Analysis of the impact of technology on supply chain management in the retail industry" aims to investigate and analyze the influe...

BP
Blazingprojects
Read more →
Business Administrat. 3 min read

Analyzing the Impact of Social Media Marketing on Consumer Behavior in the Retail In...

The research project titled "Analyzing the Impact of Social Media Marketing on Consumer Behavior in the Retail Industry" seeks to investigate the infl...

BP
Blazingprojects
Read more →
Business Administrat. 4 min read

Analyzing the Impact of Artificial Intelligence on Marketing Strategies in the Retai...

The research project titled "Analyzing the Impact of Artificial Intelligence on Marketing Strategies in the Retail Industry" aims to investigate the i...

BP
Blazingprojects
Read more →
Business Administrat. 3 min read

Analyzing the Impact of Technological Innovation on Supply Chain Management in the R...

The project titled "Analyzing the Impact of Technological Innovation on Supply Chain Management in the Retail Industry" aims to investigate how techno...

BP
Blazingprojects
Read more →
Business Administrat. 4 min read

Analysis of Supply Chain Management Strategies in the Retail Industry: A Case Study ...

The project, titled "Analysis of Supply Chain Management Strategies in the Retail Industry: A Case Study Approach," aims to delve into the intricate r...

BP
Blazingprojects
Read more →
Business Administrat. 4 min read

Analyzing the Impact of Digital Marketing Strategies on Consumer Behavior in the Ret...

The project titled "Analyzing the Impact of Digital Marketing Strategies on Consumer Behavior in the Retail Industry" aims to investigate the influenc...

BP
Blazingprojects
Read more →
Business Administrat. 2 min read

Implementing Sustainable Supply Chain Practices in a Global Business Setting...

The research project titled "Implementing Sustainable Supply Chain Practices in a Global Business Setting" focuses on the critical aspects of enhancin...

BP
Blazingprojects
Read more →
Business Administrat. 3 min read

Analyzing the Impact of E-commerce on Traditional Retail Businesses: A Case Study Ap...

The project titled "Analyzing the Impact of E-commerce on Traditional Retail Businesses: A Case Study Approach" aims to investigate the influence of e...

BP
Blazingprojects
Read more →
Business Administrat. 4 min read

Implementation of Sustainable Supply Chain Management Practices in a Manufacturing C...

The research project titled "Implementation of Sustainable Supply Chain Management Practices in a Manufacturing Company: A Case Study" aims to explore...

BP
Blazingprojects
Read more →
WhatsApp Click here to chat with us