TECHNOLOGY ADAPTABILITY AND ORGANIZATION PERFORMANCE (A CASE STUDY OF HARULITE VENTURE SAKI)

Student: Wahab Asamu Ganiyu
Supervisor: Mr Williams Lanre Abolade
HOD: Mr Shuaib Abdullah
Department of Business Administration and Management
School of Business and Communications studies
The Oke-Ogun Polytechnic, Saki, Oyo State

Abstract

This study investigates the relationship between technology adaptability and organizational performance in the Nigerian private sector, using Harulite Venture, Saki as a case study. In a rapidly evolving digital economy, small and medium enterprises (SMEs) must adapt to technological advancements to remain competitive. The study employed a descriptive survey design and selected a sample of 50 staff from a population of 100 using purposive sampling. Data were collected through structured questionnaires and analyzed using SPSS, including t-tests for hypothesis testing. Findings revealed that Harulite Venture has adopted several modern technologies that significantly improve workflow, communication, task management, and staff productivity. Despite these positive outcomes, the firm faces notable challenges, including high technology costs, inadequate technical skills, and infrastructural limitations such as poor internet access and unstable power supply. Hypothesis testing confirmed significant relationships between technology adaptability, productivity, and organizational performance. The study concludes that technology adaptability is a critical factor in organizational success and recommends focused investments in staff training, digital infrastructure, and flexible strategies for overcoming technology-related barriers.

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