The Relationship between Strategic Resources and Business Performance

2014 ◽  
Vol 2 (1) ◽  
pp. 01-05
Author(s):  
Sitti Syamsiar Muharram ◽  
Sarminah Samad
Keyword(s):  
Human Capital ◽  
Conceptual Framework ◽  
Business Performance ◽  
Relationship Type ◽  
Resource Based View ◽  
Business Survival ◽  
Strategic Resources ◽  
Physical Resources ◽  
Paper Review ◽  
The Relationship

Objective- The paper aims to develop a conceptual framework to study the relationship between strategic resources and business performance. Methodology/Technique - Reviews of published works to explore the concept of strategic resources and business performance. Findings The decisions to put or acquire certain strategic resources are part of the management responsibilities in order to ensure the business survival is not under pressure. There are four components of strategic resources namely: physical resources, technology, reputation and human capital. Novelty This paper demonstrates the relationship between strategic resources and business performance using resource-based view. The conceptual framework can be used by the academics and practitioners to study this relationship. Type of Paper: Review Keywords: Strategic Resources, Business Performance.

The effect of talent management and human capital on sustainable business performance: an empirical investigation in Malaysian hospitals

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Nagwan Abdulwahab AlQershi ◽  
Ramayah Thurasamy ◽  
Gamal Abdualmajed Ali ◽  
Hussein Abu Al-Rejal ◽  
Amr Al-Ganad ◽  
...  
Keyword(s):  
Human Capital ◽  
Structural Equation ◽  
Business Performance ◽  
Talent Management ◽  
Mediating Effect ◽  
Future Research ◽  
Sustainable Business ◽  
Content Type ◽  
The Relationship ◽  
Practical Implications

Purpose This paper aims to examine the mediating role of human capital on the talent management in hospitals’ sustainable business performance in the health-care sector of Malaysia. Design/methodology/approach The study used a quantitative approach, with an initial sample of 174 Malaysian hospitals. The theoretical framework was based on previous studies of talent management (TM), human capital (HC) and sustainable business performance (SBP). Partial least squares-structural equation modelling (PLS-SEM) was used to test the study’s hypotheses. Findings Talent management mindset (TMM), but not talent management strategy (TMS), has a significant relationship with HC and SBP. HC has a significant direct relationship with SBP, and also mediates the relationship between TMM and SBP but not between TMS and SBP. Research limitations/implications This work is one of a limited number of studies to empirically address TM, HC and SBP in this context. The study is limited to Malaysian hospitals. It provides theoretical contributions by broadening the knowledge of HC, TM and the multifocal perspective of hospitals’ SBP, a relevant but underexplored issue, offering several avenues for future research. Practical implications The findings have beneficial practical implications for both policy makers and managers. First, focusing on talented people will directly improve sustainable performance in the Malaysian health sector. The findings also have important theoretical implications both for Malaysia and countries in similar situations. The study will serve as a reference point for such countries in trying to understand factors influencing SBP. Originality/value This is the first study to examine the mediating effect of HC on the relationship between talent management and hospitals’ sustainable business performance in Malaysia, or worldwide.

scholarly journals When does metric use matter less?

2015 ◽  
Vol 49 (11/12) ◽  
pp. 1809-1856 ◽  
Author(s):  
Ofer Mintz ◽  
Imran S. Currim
Keyword(s):  
Conceptual Framework ◽  
Business Performance ◽  
Performance Metrics ◽  
Generalized Least Squares ◽  
Marketing Mix ◽  
Seemingly Unrelated Regression ◽  
Content Type ◽  
Finance Management ◽  
The Impact ◽  
The Relationship

Purpose – This paper aims to develop a conceptual framework, in an effort toward building a contingent theory of drivers and consequences of managerial metric use in marketing mix decisions, this paper develops a conceptual framework to test whether the relationship between metric use and marketing mix performance is moderated by firm and managerial characteristics. Design/methodology/approach – Based on reviews of the marketing, finance, management and accounting literatures, and homophily, firm resource- and decision-maker-based theories and 22 managerial interviews, a conceptual model is proposed. It is tested via generalized least squares – seemingly unrelated regression estimation of 1,287 managerial decisions. Findings – Results suggest that the impact of metric use on marketing mix performance is lower in firms which are more market oriented, larger and with worse recent business performance and for marketing and higher-level managers, while organizational involvement has a lesser nuanced effect. Research limitations/implications – While much is written on the importance of metric use to improve performance, this work is a first step toward understanding which settings are more difficult than others to accomplish this. Practical implications – Results allow identification of several conditional managerial strategies to improve marketing mix performance based on metric use. Originality/value – This paper contributes to the metric literature, as prior research has generally focused on the development of metrics or the linking of marketing efforts with performance metrics, but paid little attention to understanding the relationship between managerial metric use and performance of the marketing mix decision and has not considered how the relationship is moderated by firm and managerial characteristics.

STUDI HUBUNGAN ANTARA MODAL MANUSIA, MODAL SOSIAL, DAN MODAL KEUANGAN DENGAN STRATEGI INOVASI PERUSAHAAN UKM

SIMAK ◽  
2019 ◽  
Vol 17 (01) ◽  
pp. 84-118
Author(s):  
Wihalminus Sombolayuk ◽  
Ria Mardiana Yusup ◽  
Indrianty Sudirman
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Conceptual Framework ◽  
Financial Capital ◽  
Innovation Strategy ◽  
Positive Relationships ◽  
Literature Study ◽  
Innovation Strategies ◽  
Relationship Of ◽  
The Relationship

This study draws on the conceptual framework of the relationship between human capital and innovation strategies and the relationship of social capital on innovation strategies and the relationship between financial capital and innovation strategies. This research is a literature study and the development of a conceptual framework on SMEs as an analysis. The results of the study succeeded in formulating three prepositions, namely a) a positive relationship between human capital and the company's innovation strategy; b) positive relationships between social capital and SME company innovation strategies; c) positive relationships between financial capital and the company's innovation strategy. The higher human capital, social capital, and financial capital, the better the formulation and implementation of innovation strategies in SME companies.

Intellectual Capital and Business Performance of Pharmaceutical Firms in Kenya

2019 ◽  
pp. 851-873
Author(s):  
James Mark Ngari
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Business Performance ◽  
Strong Support ◽  
Relational Capital ◽  
Fit Indices ◽  
Empirical Results ◽  
Pharmaceutical Firms ◽  
Structural Capital ◽  
The Relationship

Intellectual capital is an investment in the organization and it is perceived to be a strategic resource and a source of competitive advantage. The purpose of this chapter is to test the relationship between intellectual capital and business performance of pharmaceutical firms in Kenya. The specific objectives are to determine whether human capital, structural capital and relational capital influence business performance of pharmaceutical firms in Kenya. The results indicate that human capital, structural capital and relational capital influence business performance of pharmaceutical firms in Kenya. Human capital and structural capital relationship strongly exist among the studied pharmaceutical firms and significantly influenced business performance positively. In addition, the study confirmed that human capital, structural capital and relational capital are dimensions of intellectual capital. The developed model confirm that the theory fitted data with fit indices above or below the required thresholds and the empirical results provided strong support for the model.

CO-OPETITION STRATEGY FROM THE PATENT ANALYSIS PERSPECTIVE: THE CASE OF THE STENT MARKET

2007 ◽  
Vol 04 (02) ◽  
pp. 137-153 ◽  
Author(s):  
KUEI-KUEI LAI ◽  
FANG-PEI SU ◽  
CALVIN S. WENG ◽  
CHIAU-LING CHEN
Keyword(s):  
Business Strategy ◽  
Business Performance ◽  
Critical Issue ◽  
Patent Analysis ◽  
Sustainable Competitive Advantage ◽  
Resource Based View ◽  
Patent Information ◽  
Patent Rights ◽  
The Relationship ◽  
Technological Strength

Information about technological innovation and its evolutionary path can be explored by patent analysis. Therefore, for those firms which are dependant on large investments and a high business performance, such as stent manufacturers, integrating patent information with business strategy is the critical issue. The competition between stent manufactures is intensifying because of increasing global volume demand and improving technological performance. From a resource-based view, adopting a co-opetition strategy is essential for firms to keep sustainable competitive advantage. Over the last decade, patent rights have become a major tool of the co-opetition strategy. This study analyzes patent data from the USPTO during 1984 to 2005 and constructs patent information indicators to verify the process of technology evolution. On these grounds, we can understand the relative technological position and technological strength of the major manufacturers in this industry and also inspect their changes of position and business scope to examine the relationship between each firm's technology strategy and business strategy.

scholarly journals Operational Capability: The Missing Link between Supply Chain Practices and Performance

2015 ◽  
Vol 773-774 ◽  
pp. 856-860
Author(s):  
Ai Chin Thoo ◽  
Abu Bakar Abdul Hamid ◽  
Amran Rasli
Keyword(s):  
Supply Chain ◽  
Business Performance ◽  
Resource Based View ◽  
Operational Capability ◽  
Mediating Role ◽  
Mediating Factor ◽  
And Performance ◽  
The Relationship

The relationship between supply chain practices and business performance has been widely investigated by many academics and practitioners; however, the relationship is not yet fully understood. Therefore, this paper aims to examine the relevance of several prominent theories in strategic management for explaining the mediating role of operational capability in the relationship between supply chain practices and business performance. The resource-based view of the firm and neo-institutional theory are reviewed for their applicability to relate supply chain practices and operational capability in explaining sustained business performance. Supply chain practices are insufficient to drive business performance. Firms need to be able simultaneously to increase efficiency through supply chain practices and to be innovative through operational capability. Specifically, operational capability is forwarded as a key firm-specific capability that can result in significant and long-term improvement in organisational sustainability. Operational capability can serve as a critical mediating factor that better transmits the ambitions of supply chain practices onto business performance. As such, this paper provides a conceptual support to urge further research to empirically evaluate the relationship between supply chain practices, operational capability and business performance.

scholarly journals An Empirical Examination of the Relationship Between Data Storytelling Competency and Business Performance

2021 ◽  
Vol 33 (5) ◽  
pp. 42-73
Author(s):  
Mohammad Kamel Daradkeh
Keyword(s):  
Decision Making ◽  
Domain Knowledge ◽  
Business Performance ◽  
Effective Means ◽  
Business Analytics ◽  
Mediation Model ◽  
Empirical Examination ◽  
Resource Based View ◽  
Antecedents And Consequences ◽  
The Relationship

With the proliferation of big data and business analytics practices, data storytelling has gained increasing importance as an effective means for communicating analytical insights to the target audience to support decision-making and improve business performance. However, there is a limited empirical understanding of the relationship between data storytelling competency, decision-making quality, and business performance. Drawing on the resource-based view (RBV), this study develops and validates the concept of data storytelling competency as a multidimensional construct consisting of data quality, story quality, storytelling tool quality, storyteller skills, and storyteller domain knowledge. It also develops a mediation model to examine the relationship between data storytelling competency and business performance, and whether this relationship is mediated by decision-making quality. Based on an empirical analysis of data collected from business analytics practitioners, the results of this study reveal that the data storytelling competency is positively linked to business performance, which is partially mediated by decision-making quality. These results provide a theoretical basis for further investigation of possible antecedents and consequences of data storytelling competency. They also offer guidance for practitioners on how to leverage data storytelling capabilities in business analytics practices to improve decision-making and business performance.

scholarly journals Investigating the Relationship between Intellectual Capital and Audit Quality Based on China Audit Market

2020 ◽  
Vol 7 (1) ◽  
pp. 65-75
Author(s):  
Meng Chao ◽  
Dewi Fariha Abdullah ◽  
Norhalimah Idris
Keyword(s):  
Human Capital ◽  
Conceptual Framework ◽  
Financial Reporting ◽  
Intellectual Capital ◽  
Audit Quality ◽  
Accounting Firms ◽  
Audit Market ◽  
Knowledge Intensive ◽  
The Relationship

Audit quality is often considered as the probability that auditors can detect and report misstatements of clients’ financial reporting, and enhance the credibility of stakeholders on disclosed information. Hence, the importance of intellectual capital can be tracked to the audit quality of accounting firms with knowledge-intensive feature. This paper discusses a more comprehensive perspective of intellectual capital in auditing area, with the opinion that all of the four components will have critical impact on audit quality. Not only human capital and spiritual capital including such as knowledge, skills, expertise, ethics, moral and values etc., but also the rules, systems, norms within the firm and the relationship characteristics of the firm with its clients are all closely related to audit quality. This paper introduces a more complete conceptual framework of intellectual capital on the basis of exploring the factors mentioned in previous studies and discusses the influencing factors of intellectual capital on audit quality, and finally puts forward some suggestions on the structure of intellectual capital, the internal management of accounting firms and industry supervision based on China's audit market.

scholarly journals THE ROLE OF HALAL CERTIFICATION IN BUSINESS PERFORMANCE IN SELANGOR: A STUDY ON KOPITIAMS

2020 ◽  
Author(s):  
Asnidar Hanim Yusuf ◽  
Idris Oyewale Oyelakin ◽  
Syadiyah Abdul Shukor ◽  
Ummi Salwa Ahmad Bustamam
Keyword(s):  
Human Capital ◽  
Business Performance ◽  
Reasoned Action ◽  
Food Product ◽  
Business Owners ◽  
Financial Capital ◽  
Resource Based View ◽  
Interpretive Analysis ◽  
Job Opportunities

Halal certification plays a key role in food and beverages industry in Malaysia. This certification indicates that the food product is assured in terms of religious compliance, safety and hygiene. There is limited study conducted from the viewpoint of business owners and what benefit it can do in terms of their business development. This research was conducted to associate the role of Halal certification and business performance in four selected Kopitiams around Selangor from various categories; Muslim Halal certified, Muslim not Halal certified, non Muslim Halal certified and non Muslim not Halal certified. Business operators and consumers of the said Kopitiams were interviewed and all case studies were analyzed using descriptive and interpretive analysis. The findings are in line with theories used which are Resource Based View, Theory of Reasoned Action and Theory of Perceived Behavior. The outcome of the study concluded that Halal certificate does bring benefit in their business performance in terms of Islamic view, social contribution, financial capital and human capital. Halal certification is a motivation to gain religious benefit, customer satisfaction, provide more job opportunities and avoid social problems. In financial capital, it serves as an internal resource to boost sales and influence customers’ purchasing decision. For human capital, Halal certificate can increase skill and development of the companies’ human resources.   

Sign in / Sign up

Export Citation Format

Share Document