The purpose of this paper is to examine how the mediating effect of strategic management impacts the relationship between dynamic capabilities and firm performance concerning environmental munificence in 3rd party logistics (3PL) firms operating in Turkey.
Results revealed that dynamic capabilities were a strong predictor for organizational performance, environmental munificence also emerges as a key predictor for dynamic capabilities and strategic management, and strategic management fully mediates the link between dynamic capabilities and organizational performance, suggesting that they function as substitutes in affecting performance outcomes.
This paper provides empirical evidence of the relationship between the dynamic capability adaptation, strategic management, environment and performance of 3PL firms. As a limitation, the results are based on survey research with a limited sample size.
Organizations should manage not only dynamism but also the scarcity of environmental resources found to be significant on both dynamic capabilities and strategic management. Additionally, in the logistics sector, managers should focus on the big picture while they empower and lead capable followers to transform this strategic view into operational-level changes.
Depending on the relationships between constructs, studying environmental munificence is a different topic than the dynamic environment concept in the effectiveness of dynamic capabilities of 3PL firms. As well as dynamic capabilities at the level of individual and strategic management relationship on organization performance are confirmed.
Arun, K. and Yildirim Ozmutlu, S. (2022), "Narratives of environmental munificence of 3PL firms on the relationship between dynamic capabilities, strategic management and organizational performance", Journal of Strategy and Management, Vol. 15 No. 1, pp. 96-118. -01-2021-0019
Organizational dynamics is defined as a process that helps to strengthen resources and boost the performances of employees continuously. It is how a company learns to manage as well as promote strategic management, business practices, and organizational learning.
Of course, the analysis just conducted can be no more than exploratory. After all, much of our data is static in nature, based on a single cross-section derived from a one-off questionnaire, and the above analysis has implicitly assumed that in the 5-year period after the questionnaire was commissioned, there were no major shifts in strategy, on average. Given the large body of literature on organisational inertia (for a recent overview, see van Witteloostuijn et al. 2003), this assumption is not unrealistic. As is well known from empirical studies of organisational change, major strategic re-orientations are exceptions rather than the rule, particularly over short time spans (see the review chapters on change in Baum 2002). However, only with a repeated-measures research design can we check the validity of our assumption of relative strategic inertia.
Over the years, there have been a number of process theories in the academic literature, but seldom has anyone reviewed them systematically or in an integrated way. Process theories have appeared in organization theory, strategic management, operations management, group dynamics, and studies of managerial behavior. The few scholarly efforts to tackle processes as a collective phenomenon either have been tightly focused theoretical or methodological statements or have focused primarily on a single type of process theory.2
N2 - Renowned for its unconventional thinking, Strategic Management and Organisational Dynamics continues to be a refreshing alternative for students and lecturers of strategic management specifically looking for something different'. Stacey challenges the conceptual orthodoxy of planned strategy, focusing instead on the influence of more complex and unstable forces in the development of strategy. This book explores and challenges ways of thinking about strategy and organisational dynamics and raises questions about systemic and responsive processes, utilising insights from the complexity sciences. The purpose of this book is to assist people to make sense of their own experience of life in organisations, to explore their own thinking and to pay attention to and so what they do. Ideal for advanced undergraduate and postgraduate study, this critically detailed account deals with up-to-the minute issues, raising the challenge of complexity within practice and theory. As such it remains unique amongst strategic management text books.
AB - Renowned for its unconventional thinking, Strategic Management and Organisational Dynamics continues to be a refreshing alternative for students and lecturers of strategic management specifically looking for something different'. Stacey challenges the conceptual orthodoxy of planned strategy, focusing instead on the influence of more complex and unstable forces in the development of strategy. This book explores and challenges ways of thinking about strategy and organisational dynamics and raises questions about systemic and responsive processes, utilising insights from the complexity sciences. The purpose of this book is to assist people to make sense of their own experience of life in organisations, to explore their own thinking and to pay attention to and so what they do. Ideal for advanced undergraduate and postgraduate study, this critically detailed account deals with up-to-the minute issues, raising the challenge of complexity within practice and theory. As such it remains unique amongst strategic management text books.
Organizational Dynamics' domain is primarily organizational behavior and development and secondarily, HRM and strategic management. The objective is to link leading-edge thought and research with management practice. Organizational Dynamics publishes articles that embody both theoretical and practical content, showing how research findings can help deal more effectively with the dynamics of organizational life.
Abstract: Customer relationship management (CRM) adoption is both a relevant research topic in academia and a challenge for practitioners. We understand CRM as a complex concept that includes technology, strategy and philosophy. In this research, we propose an analysis of CRM organisational dynamic capabilities. The main goal is to apply a dynamic capabilities perspective to analyse how companies can improve their CRM initiatives. In order to achieve this purpose, a qualitative, interpretative, case-based research strategy was implemented. We conducted a case study in a Portuguese telecommunication enterprise for one year. The case study was based on semi-structured interviews and document analysis. We used qualitative techniques to analyse the collected data and ground our interpretation in a dynamic capabilities theoretical approach. We propose a theoretical framework related to CRM dynamic capability that is corroborated with empirical evidence. We believe that because organisations which adopt a CRM strategy are in a competitive environment, a dynamic model needs to be used to analyse and explain how they can improve their CRM strategy in order to achieve success.
Strategy, as the name suggests is a plan of action intended to attain a long-term aim or goal. It is also known as a master plan, an approach or a process. We make strategies in various aspects of life. Strategy formulation or planning and strategic management are important measures of the success of an organisation. According to Fred David, Strategic Management can be defined as the art and science of analysing, formulating, implementing and evaluating any cross-functional decisions that enable an organisation to achieve its objectives. It is all about achieving and maintaining competitive advantage. Competitive advantage of any organisation is never fixed and cannot be unique for a long time, and thus, we can say that strategic management is a dynamic process in order to maintain its competitive advantage so as to achieve their vision and missions. Strategic Management process may be described as an unbiased, rational, systematic approach for making major decisions in an organisation.
Thus, for a company to succeed in its missions and to constantly maintain its competitive advantage and reach new heights, strategy management will play a vital role and without a proper strategic management the missions can never be achieved.
Strategic management is the ongoing planning, monitoring, analysis and assessment of all necessities an organization needs to meet its goals and objectives. Changes in business environments will require organizations to constantly assess their strategies for success. The strategic management process helps organizations take stock of their present situation, chalk out strategies, deploy them and analyze the effectiveness of the implemented management strategies. Strategic management strategies consist of five basic strategies and can differ in implementation depending on the surrounding environment. Strategic management applies both to on-premise and mobile platforms.
Strategic management is generally thought to have financial and nonfinancial benefits. A strategic management process helps an organization and its leadership to think about and plan for its future existence, fulfilling a chief responsibility of a board of directors. Strategic management sets a direction for the organization and its employees. Unlike once-and-done strategic plans, effective strategic management continuously plans, monitors and tests an organization's activities, resulting in greater operational efficiency, market share and profitability.
Strategic management is based around an organization's clear understanding of its mission; its vision for where it wants to be in the future; and the values that will guide its actions. The process requires a commitment to strategic planning, a subset of business management that involves an organization's ability to set both short- and long-term goals. Strategic planning also includes the planning of strategic decisions, activities and resource allocation needed to achieve those goals. 781b155fdc