Effect of Financial Resource Allocation on Strategy Implementation in the Health Sector of Marsabit County

Abstract

Strategic plan formulation in public hospitals or even in other firms is a time and resource-consuming exercise. Shelving formulated strategic plans become a cost on its own. Therefore, the translation of strategic plans into action is the most critical stage that drives an organization towards harnessing the benefits of strategy implementation. The idea of implementing strategic plans can be hampered by several factors that derail the entire implementation process in public hospitals or other firms in general. Therefore, this study assessed the effect of financial resource allocation on the implementation of strategic plans in public hospitals in Marsabit County. This study adopted a descriptive survey design and targeted employees in health in Marsabit County. A sample of 180 respondents were the key respondents. The study found financial resource allocation to have a positive and significant effect on the implementation of county health strategies. The county government needs to review health fund allocation concerning the success rate of health policy implementation. Additionally, respective health facilities and county health docket need to devise new techniques of generating revenue to increase their financial reservoir and capacity to be sufficient in actualizing health policies in the county.