INFLUENCE OF COMPETITIVE INTELLIGENCE ON ORGANIZATIONAL PERFORMANCE OF OIL MARKETING COMPANIES IN MOMBASA, KENYA
Keywords:
Competetive, Intelligence, Performance, SatisfactionAbstract
Organization performance is critical for every oil marketing company as it enhances customer
satisfaction and retention. The competitive business environment is continuously working
against a firm’s performance and thus the need to counter these competing forces by gathering
information for strategic management. This study was guided by both general and specific
objectives as follows: to determine the effect of strategic competitive intelligence practice on
organizational performance of oil marketing firms in Mombasa County; to investigate the effect
of technology competitive intelligence practice on organizational performance of oil marketing
firms in Mombasa County. To evaluate the effect of tactics competitive intelligence practice on
organizational performance of oil marketing firms in Mombasa County and to examine the effect
of target competitive intelligence practice on organizational performance of oil marketing firms
in Mombasa County. To strengthen the conceptual framework, the study used the following
theories porter’s generic theory, theory of strategic balancing, Ansoff’s growth theory, theory of
network organizationa and grand unified theory of the firm, The study targeted two officers
working 62 firms being general managers and marketing manager therefore the target population
was124. The study sample size was94. A modified Likert scale questionnaire will be developed
and divided into three parts. A pilot study was carried out to refine the instrument. The quality
and consistency of the study was further assessed using Cronbach's alpha. Data analysis was
performed on a computer using Statistical Package for Social Science (SPSS Version 25) for
Windows. Data was presented in form of means, standard deviation, percentages and tables.The
findings indicate that competitive intelligence practices have a positive and a statistically
significant effect on the non-financial performance of oil marketing companies. The study
concluded that strategic competitive intelligence and target competitive intelligence have a
significant effect on organizational performance of oil marketing companies in Mombasa county.
Managers of oil marketing companies should raise the utilization level of competitive
intelligence practices to enable the firms to make accurate predictions on changes in the business
environment, compete better in the marketplace against rivals, improve on innovation and
automation, track competitors’ activities and improve the competitiveness of their firms by
identifying threats and opportunities before they become obvious.