scholarly journals Financial Performance Under the Influence of the Coronavirus Disease 2019: Effects of Strategic Flexibility and Environmental Dynamics in Big Data Capability

2021 ◽  
Vol 12 ◽  
Author(s):  
Limei Chen ◽  
Liping Zhai ◽  
Weiwei Zhu ◽  
Gongzhi Luo ◽  
Jing Zhang ◽  
...  
Keyword(s):  
Big Data ◽  
Financial Performance ◽  
Performance Improvement ◽  
Dynamic Capabilities ◽  
Dynamic Environment ◽  
Strategic Flexibility ◽  
Management Process ◽  
Regulatory Effect ◽  
Intermediary Role ◽  
The Relationship

This study draws on the dynamic capabilities view and the firm’s big data capability (BDC) in the new economic environment. It constructs an adjusted intermediary model to study the mechanism of BDC, strategic flexibility, and environmental dynamic affecting financial performance. We find that strategic flexibility plays an intermediary role in the “Converse-U” relationship between BDC and financial performance. Environmental dynamics adjust the relationship between BDC and financial performance positively and smooth the “Converse-U” relationship. The findings suggest building and managing BDC, combining BDC with the management process, and achieving continuous financial performance improvement in a dynamic environment. The paper also puts forward the nonlinear hypothesis, discusses the “Converse-U” relationship between BDC and enterprise financial performance in the Chinese context of digital economy explosion and growth, and considers the intermediary mechanism of strategic flexibility and the regulatory effect of environmental dynamics.

THE MODERATING EFFECTS OF ADAPTIVE AND INTELLECTUAL RESOURCE CAPABILITIES ON THE RELATIONSHIP BETWEEN ENTREPRENEURIAL ORIENTATION AND FINANCIAL PERFORMANCE

2018 ◽  
Vol 22 (03) ◽  
pp. 1850026 ◽  
Author(s):  
SAMUEL ADOMAKO
Keyword(s):  
Firm Performance ◽  
Financial Performance ◽  
Entrepreneurial Orientation ◽  
Dynamic Capabilities ◽  
Primary Data ◽  
Moderating Effects ◽  
Resource Based View ◽  
Intellectual Resource ◽  
The Relationship

Extant entrepreneurial orientation (EO) literature suggests that EO positively affects firm performance, but several factors influence the potency of this relationship. However, the influence of adaptive and intellectual resource capabilities on the EO–performance linkage lacks theoretical clarity. Accordingly, deriving insights from the resource-based view and dynamic capabilities framework, this paper argues that variations in financial performance are a function of degree of EO and levels of adaptive and intellectual resource capabilities. Using primary data gathered from 245 small and medium-sized enterprises (SMEs) operating in Ghana, the study finds that when a firm’s adaptive and intellectual resource capabilities are well developed and deployed, the potency of EO as a driver of financial performance is enhanced.

scholarly journals Achieving strategic flexibility in the era of big data

2020 ◽  
Vol 58 (8) ◽  
pp. 1585-1600 ◽  
Author(s):  
Riccardo Rialti ◽  
Giacomo Marzi ◽  
Andrea Caputo ◽  
Kayode Abraham Mayah
Keyword(s):  
Big Data ◽  
Knowledge Management ◽  
Structural Equation ◽  
Dynamic Capabilities ◽  
Structural Model ◽  
Methodological Approach ◽  
Strategic Flexibility ◽  
Content Type ◽  
Knowledge Management Capabilities ◽  
Management Capabilities

PurposeThis research unpacks the micro-mechanisms that exist between an organisation's ability to conduct big data analytics (BDA) and its achievement of strategic flexibility. Knowledge management capabilities and organisational ambidexterity have long been considered factors influencing the aforementioned relationship. In order to assess this, the authors build on dynamic capabilities as the main theoretical lens through which to examine.Design/methodology/approachStructural equation modelling (SEM) is the main methodological approach used in this research. A structural model was developed and tested based on 215 survey responses collected from managers of organisations in continental Europe.FindingsThe results indicate that BDA capabilities are a significant antecedent of an organisation's strategic flexibility. This relationship, however, is influenced by knowledge management capabilities and ambidexterity.Practical implicationsManagers wishing to properly exploit the potential of big data should invest in the elaboration of knowledge management processes across their organisation. This strategy can foster strategic flexibility.Originality/valuePrevious research has explored the theoretical links between big data, knowledge management and strategic flexibility. However, little attention has been paid to the quantitative investigation of the phenomenon.

scholarly journals Organizational reputation risk management as a component of the dynamic capabilities management process

Management ◽  
2015 ◽  
Vol 19 (1) ◽  
pp. 6-18 ◽  
Author(s):  
Kazimierz Krzakiewicz ◽  
Szymon Cyfert
Keyword(s):  
Risk Management ◽  
Dynamic Capabilities ◽  
Research Problem ◽  
Point Of View ◽  
Management Process ◽  
Organizational Reputation ◽  
Increased Risk ◽  
Reputation Risk ◽  
Strategic Position ◽  
The Relationship

Summary Intangible assets, such as reputation, brand value, strategic position, alliances, knowledge, human capital, play an increasingly important role in shaping the market value of an organization. At the same time, in the literature it is emphasized that the attribute of intangibility translates into an increased risk of destruction or impairment of assets. Thus, the research problem associated with the analysis of organizational reputation risk management as a component of the dynamic capabilities management process should be considered important from the point of view of management science. The study attempts to outline the concept of dynamic capabilities, define the concept of risk and subsequently discuss the relationship between dynamic capabilities and organizational reputation risk management.

scholarly journals The Influence of Corporate Social Responsibility on Competitive Advantage with Multiple Mediations from Social Capital and Dynamic Capabilities

2019 ◽  
Vol 11 (1) ◽  
pp. 218 ◽  
Author(s):  
Zhonghua Zhao ◽  
Fanchen Meng ◽  
Yin He ◽  
Zhouyang Gu
Keyword(s):  
Social Capital ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Competitive Advantage ◽  
Dynamic Capabilities ◽  
Dynamic Environment ◽  
Learning Capability ◽  
Resources And Capabilities ◽  
Corporate Social ◽  
The Relationship

The correlation between corporate social responsibility (CSR) and competitive advantage (CA) has been studied for decades; however, a consistent conclusion has still not been reached. This may be due to the lack of discussion about the variables that affect the relationship between them. We extended the examination of the relationship between CSR and CA through largely ignored perspectives of organization resources and capabilities. Drawing on the multiple mediations of social capital (SC) and dynamic capabilities (DCs), we generated propositions concerning the relationship of CSR with CA. Based on 112 enterprises in China, the data from 269 surveys were used to test our theoretical model. The results showed that CSR can positively affect CA directly and indirectly with mediations of structure and relational dimensions of CA. The results also showed that, in the dynamic environment, CSR indirectly created CA by enhancing DCs, such as resource integration capability and organizing learning capability, but not by innovation and transformation capability. From these results, the paper concluded that with a proper combination of external social measures, internal competitive resources and capabilities, enterprises can realize the creation of a shared value of economy and society, which in turn will become the sustainable power with which enterprises can gain CA.

scholarly journals Technological Configuration Capability, Strategic Flexibility and Organizational Performance in Chinese High-Tech Organizations

2018 ◽  
Author(s):  
Lulu Zhou ◽  
Xufan Zhang ◽  
Zhihong Chen ◽  
Feng Tian
Keyword(s):  
Life Cycle ◽  
Empirical Study ◽  
Organizational Performance ◽  
Empirical Research ◽  
Dynamic Environment ◽  
High Tech ◽  
Strategic Flexibility ◽  
Complex Dynamic ◽  
The Impact ◽  
The Relationship

The purpose of this study is to investigate the moderating effect of technology configuration capability on the relationship between strategic flexibility and organizational performance through different stages of technological life cycle. Through the empirical research on the 439 Chinese high-tech organizations, it shows that a technological configuration capability has enhanced the effect of strategic flexibility to the organizational performance in the complex dynamic environment. However, the impact on the different stages of technological life cycle is different. In addition, this paper explored strategic flexibility on different stages of technological life cycle on the basis of empirical study.

scholarly journals Moderating Effect of Environmental Dynamism on the Relationship between a Firm’s Entrepreneurial Orientation and Financial Performance

2018 ◽  
Vol 9 (4) ◽  
Author(s):  
Kayhan Tajeddini ◽  
Stephen Mueller
Keyword(s):  
Firm Performance ◽  
Financial Performance ◽  
Entrepreneurial Orientation ◽  
Empirical Studies ◽  
Dynamic Environment ◽  
Moderating Effect ◽  
And Performance ◽  
Performance Results ◽  
Financial Firm ◽  
The Relationship

Abstract The relationship between entrepreneurial orientation and firm performance has been the focus of numerous empirical studies over the past decade. The conclusions and findings reported are diverse and often conflicting. One possible explanation for mixed findings is that past studies do not take into account the dynamic nature of the industry environment. Using a sample of 192 Swiss firms from several different industries, this study examines the direct effect of entrepreneurial orientation on financial firm performance along with the moderating effect of a dynamic environment on the relationship between entrepreneurial orientation and performance. Results of this study suggest that for firms competing in a highly dynamic environment, the positive effect of an entrepreneurial orientation on financial performance is enhanced.

Implications of strategic flexibility in small firms: the moderating role of absorptive capacity

2019 ◽  
Vol 8 (3) ◽  
pp. 370-386 ◽  
Author(s):  
Sanjay Chaudhary
Keyword(s):  
Firm Performance ◽  
Empirical Evidence ◽  
Absorptive Capacity ◽  
Entrepreneurial Orientation ◽  
Small Firms ◽  
Dynamic Capabilities ◽  
Strategic Flexibility ◽  
Content Type ◽  
The Relationship

Purpose Guided by the theory of dynamic capabilities and the knowledge-based view of an organization, the purpose of this paper is to examine the crucial role played by entrepreneurial orientation and absorptive capacity in the relationship between strategic flexibility and firm performance, with a specific focus on small firms. Design/methodology/approach The study uses survey data collected from owners of 272 small businesses in India and follows the linear regression method to establish the link between strategic flexibility and firm performance. It hypothesizes that the strategic flexibility of a small firm impacts entrepreneurial orientation, and subsequently its performance, while absorptive capacity further enhances this relationship. Findings The conclusions drawn from the study provide empirical evidence on the mediating role of entrepreneurial orientation in the relationship between strategic flexibility and firm performance. The findings also point out that the potential absorptive capacity of a firm strengthens the relationship between its strategic flexibility and entrepreneurial orientation. Research limitations/implications The empirical findings of the study are limited to small firms from the automotive service industry. Practical implications The study contributes to the existing knowledge on managerial practice by pointing out the importance of strategic flexibility as a dynamic capability and illustrating its impact in the case of a small firm’s performance. Originality/value As yet, there is a dearth of empirical evidence derived from large samples of small firms. The study supplements available literature on dynamic capabilities and knowledge management.

Big data analytics capability as a mediator in the impact of open innovation on firm performance

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
José Arias-Pérez ◽  
Alejandro Coronado-Medina ◽  
Geovanny Perdomo-Charry
Keyword(s):  
Big Data ◽  
Firm Performance ◽  
Financial Performance ◽  
Open Innovation ◽  
Data Analytics ◽  
Big Data Analytics ◽  
Content Type ◽  
Customer Involvement ◽  
The Relationship ◽  
Analytics Capability

PurposeBig data analytics capability (BDAC) is the ability of a firm to capture and analyze big data toward the generation of insights. The literature has mainly focused on analyzing the direct effects of BDAC on different aspects related to firm performance such as finances and innovation. However, the lack of works analyzing the intermediation role BDAC could play is noticeable, particularly in organizational situations that pose great challenges in terms of data processing. Thus, the aim of this paper is to analyze BDAC mediation in the relationship between open innovation (OI), particularly customer involvement, and firm performance (financial and non-financial).Design/methodology/approachStructural equation modeling was used to test the proposed model with survey data from a sample of 112 firms.FindingsThe results show that BDAC has a partial mediating effect on the relationship between OI and financial performance, and between OI and non-financial performance. Nevertheless, this mediation is greater in the first relationship.Originality/valueThe main contribution of the study is to offer a broader research perspective regarding the role of BDAC in the relationship between OI and firm performance. This study ultimately questions that research tradition in which this role has been reduced to that of a simple application of data analytics techniques. Instead, the results show BDAC is primarily an organizational skill that should be articulated with key processes, such as customer involvement, to maximize the financial and non-financial use of the large flow of data coming from the main OI activity of low and medium-technology companies.

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