COLLINEARITY FACTORS IN THE RESTRUCTURING PROCESS OF PUBLIC ENTERPRISES IN ZIMBABWE

Chavunduka, Desderio ; Sifile, Obert (2015-11)

Article

This study was meant to determine if there is interference among internal organizational factors that have been applied during the restructuring process of public enterprises in Zimbabwe. A survey was used to collect data from a sample of 318 employees that witnessed the restructuring exercise in public enterprises. The data collected was subjected to a multiple regression analysis model using SPSS. Results depict two levels of predictability. At 95% level of significance, three factors i.e. planning, decision making and resource utilization were noted to be sufficient predictor elements for the success of organizational restructuring as a group of factors. However employee motivation and structural factors were predictors as individual elements in the restructuring process. This is a case of collinearity. The fact that these elements confer the same predictivity to organizational restructuring calls for increased monitoring of such factors by both change managers and policy implementers at both organizational and national level to find appropriate ways to identify their effects and so apply correct interventions to the restructuring process. The study therefore recommends that before any further restructuring of public enterprises, adequate attention be given to the effects of these factors if proper intervention strategies can be put in place.

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