All organization whether private or public needs effective policy that will help channel the achievement of the growth and development of the organization. However, these policies must be implemented in other to make it effective for the achievement of the organizational corporate goals.
What then is policy implementation? While policy on its part according to Olugbemis (1966-79), is seen as “a proposed or adopted course or principle of action”, implementation is regarded as “the act of accomplishing some aim or executing some order” (Grindle, 1980). Policy implementation therefore implies the stage of policy-making between the establishment of a policy and the consequences of the policy for the people whom it affects.
One of the significant benefit of policy implementation is that it tends to enable an organization to achieve its desired goals and objectives.
Aware of the strategic importance of policy implementation to the realization of organizational growth, many organizations, IC Global Micro-Finance Bank, Warri-Delta State inclusive, are not doing enough in its direction hence thus project titled: “Relevance of policy Implementation in Achieving Organizational Growth”.
This research study has the following as the statement of the problem;
The following are the objectives of this research work;
In this study, four (4) research questions are being asked thus;
The following are the research hypotheses;
The research study on this subject matter must have been carried out before. However, this one is intended to fill the vacuity created and provide more insights on policy implementation in an organization.
This research study will be of immense benefit to personnel manager’s, employer’s of labour, trade unions and other corporate bodies.
The studies will equally be useful to student of public and business administration and other researcher.
This research work is intended to cover all such areas, such as meaning and concept of policy making and implementation, area of policy implementation characteristic of good policies, overview of policy making and implementation, definition of policy, policy that empower etc.
This research study is delimited to cover the period between (2009-2012); three year of the operation of IC Global Micro-Finance Bank, Warri-Delta State.
In the course of writing the research work, inadequate library facilities passed some problems to the researcher. Also, the high cost of transportation involved and the high cost of getting the actual materials from the internet. The unwilling attitude exhibited by the staff of IC Global Micro-Finance Bank in giving out information contributed to the limiting factors of this research work.
Growth: This is the process of growing, an increase in size, number, value or strength, extension or expansion.
Implementation: The act of accomplishing some aim or executing some order.
Policy: A proposed or adopted course or principle of action.
Bank: Jhingan (2004) defines a bank as an institution which accepts deposits from the public and in turn advances loans by creating credit.
Organization: Organization refers to the process of co-ordinating individual efforts to accomplish a common objective.
Micro-Finance: Micro-finance refers to a variety of financial services that target low-income clients, since the clients of Micro-Finance Institution (MFIS) have lower incomes and often have limited access to other financial services; these services include;