Strategic Alliances and Effective Performance of Selected Manufacturing Firms in Akwa Ibom State

This study was designed to examine the relationship between strategic alliance and effective performance in selected manufacturing firms in Akwa Ibom State. The main objective of this study was to examine the relationship between strategic alliance dimensions and effective performance in selected manufacturing firms in Akwa Ibom State. In line with the research objective was the research questions and hypotheses. Survey research design was adopted for the study and a sample size of 105 respondents were drawn from the population using census sampling technique. The major instrument for data collection was a structured questionnaire administered to the respondent using stratified sampling techniques. Data collected were analyzed using simple percentage and Pearson Product Moment Correlation. Results showed a significant positive relationship between each of the four dimensions (shared goal and objective Rx1 =0.742, clear communication Rx2 = 0.747, and effective performance at the selected manufacturing firms in Akwa Ibom State. It was concluded that shared goal and objective, clear communication, trust and resource allocation, are relational dimensions that can influence effective performance among manufacturing firms in Akwa Ibom State, Nigeria. Adopting an efficient alliances/allocation planning model is a key issue for achieving firm‘s goals, especially as they relate to resource sustainability. Based on the findings, it was recommended that firm managers should establish clear shared goals and objectives in organization that would encourage strategic alliance, partnering organizations and align their efforts, resources, and capabilities to achieve mutual success and create sustainable value for all parties involved. Regular communication, collaboration, and alignment around these goals are essential for driving the alliance forward and maximizing its impact.