STRATEGIC MANAGEMENT AND CALABAR PORT PERFORMANCE TOWARDS ENHANCED EFFICIENCY OF SEAPORTS’ ADMINISTRATION: A CONCEPTUAL REVIEW

Financial status is used to evaluate an organization's performance as a gauge of its value-creation efforts. Businesses generate value by being creative and effective to satisfy stakeholders and gain an advantage over rivals. By leveraging their strengths and taking advantage of all the opportunities at their disposal, organizations can establish a connection with their surroundings. This aids them in managing their vulnerabilities and environmental threats. Using a hermeneutic method, the study provided an empiricism-free analysis and interpretation of extant literature. To increase performance through frequent environmental analysis and make it easier to set quantifiable goals in line with an entity's corporate goals, the Calabar port management could benefit from implementing such strategic management. This will mean coming up with plans, selecting the best ones, allocating funds, and monitoring the strategies to ensure they work.