摘要：This study focused on the cause-effect analysis of strategic planning and the performance of
Small and Medium-size Enterprises in Kogi State. The study covered SMEs’ cluster areas in three
senatorial districts of Kogi State, and purposively selected 350 respondents. Data were analyzed using
descriptive statistics, Logit and linear regression. Findings showed that SME owners lacked knowledge
and skills on strategic planning, and that tradition-based thinking has significant and positive effect on
strategic planning; while unavailability of resources has significantly negative effect on strategic
planning of SMEs in Kogi State. Furthermore, finding showed that strategic planning has significantly
positive effect on competitive edge and financial performance of SMEs in Kogi State. It was concluded
that strategic planning is a crucial tool for firms’ competitive and market situation. The study therefore
recommended that SME owners should invest in knowledge and skills regarding strategic planning,
and those SME owners, including the economic stakeholders, should establish a social network where
resources can be pooled and tradition-based thinking can be redirected to favour strategic planning of
enterprises in Kogi State.
其他摘要：This study focused on cause-effect analysis of strategic planning and the performance of small and medium-size enterprises in Kogi State. The study covers SMEs’ cluster areas in three senatorial districts of Kogi State, and purposively selected the sample size of 350. Data were analyzed using descriptive statistics, Logit and linear regression. Findings show that SME owners majorly lack knowledge and skills on strategic planning, and that tradition-based thinking has significantly positive effect on strategic planning; while unavailability of resources has significantly negative effect on strategic planning of SMEs in Kogi State. Furthermore, finding shows that strategic planning has significantly positive effect on competitive edge and financial performance of SMEs in Kogi State. It is concluded that strategic planning is a crucial tool for firms’ competitive and market situation today. The study therefore recommends that SME owners should invest in knowledge and skills regarding strategic planning, and t hose SME owners, including the economic stakeholders, should establish a social network where resources can be pooled and tradition-based thinking can be redirected to favour strategic planning of enterprises in Kogi State.
