Assessment of Internal Factors Affecting Strategic Plan Implementation: The Case of Federal Housing Corporation, Addis Ababa Ethiopia

Abstract

The purpose of this study was to investigate the significant internal factors affecting strategic plan implementation in the case of Federal Housing Corporation of Ethiopia. Employed the mixed method research design, Simple random sampling and purposive sampling were employed to draw 160 research participants (157 filled the survey questionnaire and 3 individuals participated in key informant interviews). Self-developed questionnaires and interview guides were key data gathering tools employed. Data gathered via questionnaires were analyzed using descriptive statistics like mean and standard deviation and simple and multiple linear regressions. The qualitative data was transcribed, translated, thematically analyzed and integrated from which conclusions and recommendations were clearly drawn. Lack of good conceptual, technical and human skills, lack of required education background and work experiences from leadership qualities; shortage of financial resources; tools and technologies from resource availability; top down communication in the corporation, poor and external communication effective and timely communication; existence of highly hierarchy structure that delays decision making from organizational structure; poor culture to tolerate new ideas, and existence of the culture of less tolerance to risks from organizational culture are key internal factors that highly influence the implementation of strategic plans in FHC. Organizational culture and resource availability are identified as the dominant internal factors affecting strategic plan implementation. Therefore the study recommended that, the corporation should be prime priority for leadership capacity buildings, considering leadership prior experiences and education qualifications; allocating and cascading sufficient budge; equipping the FHC with required tools and technologies that assist in strategic plan implementation; and ensuring existence communicative team sprit among leaders, employees and stakeholders through developing communication channels that accelerate achievement of strategic plan. Future research should also need to focus on both internal and external factors that predict strategic plan implementation by adding more predictor variables to the internal factors