Abbah, Edache Idoko James2023-12-102023-12-102010-08-12Sproull, L.S. (1981). Beliefs In Organizations, In Nystrom, P. And Starbuck, W.H. (L: Handbook Of Organizational Design, 1, 203-224, New York. Oxford Univer. Press. Triandis, H.C. (1982). Dimensions Of Cultural Variation As Parameters Of Organizati? Theories. International Studies OfManagement & Organization. 12,139-169. Trice, H.M. And Beyer. J.M. (1993). The Cultures Of Work Organizations. Engle. : Cliffs, NJ. Prentice Hall.https://keffi.nsuk.edu.ng/handle/20.500.14448/1037It is an acknowledged fact that indigenous top management staff of Nigerian companies a well qualified to hold their positions. Yet, Nigerian companies perform poorly, particular under the globalization regime. This paper is the result of a survey into reasons was Nigerian managers and their companies perform poorly. In the survey 210 top management staff of randomly selected Nigerian companies in the telecommunications, banking at agro-processing companies in six states in north-central Nigeria were interviewed and recorded on a Likert scale questionnaire. The data was analyzed using ANOVA statistic find out whether there was a significant difference between the means of the responses managers in the six states. Results showed that the major causes were socio-cultural pressures including poverty among extended family, and poor shareholder/board control, i well as strategic myopia. It is recommended that managers can be relieved from socio-cultural pressures by taking sole decision making from them to a combination of two board institution of target-setting MBO at the shareholders level, and training them on strategy formulation and implementation.enArticle