Analysis of Strategic Change and Employee Performance at Commercial Bank of Ethiopia
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Date
2022-01
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A.A.U
Abstract
The purpose of this study is to investigate the effect of strategic change, communication system
and Covid-19 on the performance of employees of the commercial bank of Ethiopia during the
Corona pandemic. It also examined differences in the attitude of employees about strategic
change with respect to the types of departments, gender, age and years of services in the bank. A
sample of 165 respondents were drawn from the CBE in each department using systematic
sampling method. Primary data was collected through questionnaire. Data was analyzed using
multiple linear regression, t test and one way ANOVA. The findings of the study indicated that
strategic change implementation was significantly associated with employees’ performance with
in the context of Commercial Bank of Ethiopia. Furthermore, years of services was found to be
signifcanlty associated with employee performance. Statistically significant differences in
attitude towards strategic change among commercial bank employees was also found between
first degree and second degree (t (163) = -3.08, p<0.05) with scores for first degree holder
employees (M=75.77, SD=15.23) being lower than employees with MA or MSc (M=82.64,
SD=13.37). Implication of the findings for research and theory were discussed.
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Keywords
Strategic change, COVID-19, communication system, employee performance