Strategic Leadership Practices, Environmental Factors and Financial Sustainability of Faith- Based Organizations Affiliated to Wycliffe Global Alliance in Africa
Date
2022-06
Authors
Bore, Mathew Kipkosgei
Journal Title
Journal ISSN
Volume Title
Publisher
PAC University
Abstract
Maintaining financial sustainability over the long term is vital for faith-based organizations since many offer services to very needy communities. However, faith-based organizations, particularly in Africa, struggle to sustain the financial resources required to effectively realize their mission. This challenge arises from their operating environment characterized by declining donations, reduced funding from their partners, and increased scrutiny of their charitable role from governments. In view of the challenges and the hyper turbulent environment in which faith-based organizations operate, there is a need for these organizations to be led effectively so that their financial sustainability is assured. The purpose of this study was to establish the extent to which strategic leadership practices affect the financial sustainability of faith-based organizations affiliated to Wycliffe Global Alliance in Africa. In order to achieve this purpose, the study investigated the effect of strategic direction, exploiting and maintaining core competencies, developing human capital, and establishing balanced organizational controls on the financial sustainability of organizations affiliated to Wycliffe Global Alliance in Africa. This study also sought to establish the extent to which environmental factors moderated the relationship between strategic leadership practices and financial sustainability of faith-based organizations affiliated to Wycliffe Global Alliance in Africa. This study was anchored on strategic leadership, resource-based view, and adaptive leadership theories. It was based on positivism research paradigm. It adopted explanatory and descriptive research designs. The study was done in 18 faith-based organizations affiliated to the Wycliffe Global Alliance in Africa, which formed the unit of analysis. Data was collected from 198 leaders serving as directors, heads of departments, and heads of units in organizations affiliated to Wycliffe Global Alliance in Africa, which was also the unit of observation. This study adopted a census survey where data was collected from the entire target population. The research designs. The study was done in 18 faith-based organizations affiliated to the Wycliffe Global Alliance in Africa, which formed the unit of analysis. Data was collected from 198 leaders serving as directors, heads of departments, and heads of units in organizations affiliated to Wycliffe Global Alliance in Africa, which was also the unit of observation. This study adopted a census survey where data was collected from the entire target population. The researcher used primary data collected using a structured questionnaire. Data analysis was done using descriptive and inferential statistics. The results of data analysis were presented in charts, tables and graphs. Descriptive statistics reported means and standard deviations respectively for the study variables; determining strategic direction 4.41 and 0.480, exploiting and maintaining core competencies 3.90 and 0.629, developing human capital 3.79 and 0.647, balanced organizational controls 3.85 and 0.587. Simple and multiple linear regression analyses confirmed that financial sustainability of faith-based organizations affiliated to Wycliffe Global Alliance was highly predicted by strategic leadership practices with the independent variables explaining 71.3 percent of the variation in financial sustainability. The study established that the effect of each strategic leadership practice on financial sustainability of faith-based organizations was significant. Environmental factors were found to positively moderate the relationship between strategic leadership practices and financial sustainability of faith-based organizations. The study concluded that the studied strategic leadership practices if fully utilized and supported could enhance financial
sustainability of faith-based organizations affiliated to Wycliffe Global Alliance in Africa. The study recommends that leaders of faith-based organizations affiliated to Wycliffe Global Alliance should provide a favourable environment for core competencies, balanced organizational controls, strategic direction and human capital to be practiced in order to strengthen financial sustainability. The study recommended future research to be conducted in other faith-based organizations in Africa not affiliated to Wycliffe Global Alliance
Description
Keywords
Financial sustainability, Strategic leadership Practices, Environmental factors, Faith Based organizations, Global Alliances in Africa
Citation
Collections
Version History
You are currently viewing version 2 of the item.