scholarly journals The Effects of Inventory Management capability on Performance of the Firm- Business Strategies as a Mediating Role

2020 ◽  
Vol 4 (2) ◽  
pp. 1-7
Author(s):  
Md. Sazzadur Rahman Khan
Keyword(s):  
Inventory Management ◽  
Garment Industry ◽  
Business Strategies ◽  
Senior Managers ◽  
Related Factors ◽  
Mediating Role ◽  
Leadership Strategy ◽  
Management Capability ◽  
And Performance ◽  
Cost Leadership Strategy

The research aim is to evaluate the mediating aspects of business strategies e.g. differentiation and cost leadership strategy in affecting the aspects of inventory capability e.g. cost-related factors of inventory and techniques of inventory and firm performance e.g. return on asset (ROA) and improve productivity (IMP) of the Bangladeshi garment industry. A survey was utilized to collect information and the questionnaire was dispersed among 385 senior managers in the readymade garment industry of Bangladesh. For the data analysis, AMOS version 24 and SPSS version 23 were used. The findings of the analyzed data revealed that strategies of the business mediate the consequence of inventory materials capability and performance of the firm. The (SEM) results identify that the study model has an appropriate observation fits.

scholarly journals COST LEADERSHIP STRATEGY, COMPETITIVE ADVANTAGE, AND PERFORMANCE: A CROSS-SECTIONAL STUDY IN THE CONTEXT OF MILK PROCESSING FIRMS IN KENYA

2020 ◽  
Vol 6 (2) ◽  
pp. 64-76
Author(s):  
Paul G. Kimiti ◽  
Stephen M. A. Muathe ◽  
Elishiba M. Murigi
Keyword(s):  
Competitive Advantage ◽  
Economies Of Scale ◽  
Scale Economies ◽  
Economies Of Scope ◽  
Cost Leadership ◽  
Milk Processing ◽  
Leadership Strategy ◽  
And Performance ◽  
The Relationship ◽  
Cost Leadership Strategy

Purpose of the study: Cost leadership strategy is driven by economies of scale, economies of scope, and operational efficiency is a remedy to a performance where firms are facing high costs. This study sought to investigate the influence of cost leadership strategy on the performance of milk processing firms in Kenya through the lens of competitive advantage as a mediator. Methodology: The study adopted descriptive and explanatory non-experimental research designs. It was a census of all 29 milk processing firms registered with Kenya Dairy Board as of June 2019. Sampling was done using proportionate stratified random sampling technique and data was collected using self-administered semi-structured questionnaires. The analysis was done using means, standard deviations, and regression. Main Findings: The findings showed that a cost leadership strategy had a positive and significant effect on the performance of milk processing firms in Kenya with a competitive advantage partially mediating the relationship. The constituent measures of cost leadership strategy namely economies of scale, economies of scope, and operational efficiency accounted for 40.1% of the variation in firm performance. Applications of this study: This study provides suggestions for firms to manage costs and therefore improve performance. This is by increasing the size of operations, expanding into related business areas, and improving operational processes. Novelty/originality of this study: The study examines the influence of cost leadership strategy in a new context of milk processing firms in Kenya. It also incorporates a competitive advantage as a significant variable affecting the relationship between costs and performance.  

scholarly journals Generic Strategies and Performance of Pharmaceutical Manufacturing Companies in Nairobi County, Kenya

2021 ◽  
Vol 3 (1) ◽  
pp. 17-35
Author(s):  
Grace Wanjiru Ngugi ◽  
Esther Gitonga
Keyword(s):  
Pharmaceutical Manufacturing ◽  
Manufacturing Companies ◽  
Differentiation Strategy ◽  
Pharmaceutical Firms ◽  
Leadership Strategy ◽  
And Performance ◽  
The Cost ◽  
Focus Strategy ◽  
Generic Strategies ◽  
Cost Leadership Strategy

Pharmaceutical industry has been facing a lot of competition both from the inside and outside the country (importers of raw materials who also manufacture finished product). A report by the Kenya Pharmaceutical Sector Profile in 2018 indicated that imports have been rising sharply and grew by more than 30% between 2017 and 2018 in other sectors but a decline from the pharmaceutical manufacturing sector which could be attributed to the low-quality pharmaceutical products. The aim of this study was to analyze the generic strategies and performance of pharmaceutical manufacturing companies in Nairobi County, Kenya. The specific objectives were to: assess the effect of cost leadership strategy, differentiation strategy and focus strategy on performance of pharmaceutical companies in Nairobi County, Kenya. The study was informed by Porter’s Five Forces Model and Resource Based View theory. The study used descriptive research design. The population of this study was all the 22 pharmaceutical manufacturing companies in Nairobi County. The target population was the managers in the pharmaceutical manufacturing companies. The study was a census of all pharmaceutical manufacturing companies in Nairobi. A structured questionnaire was used for data collection. The questionnaire was pilot tested to determine its validity and reliability. The study used primary data which was gathered from the managers. Data collected was organized in spreadsheets for the purpose of analysis. It was coded and entered in Statistical Package for Social Sciences (SPSS, Version 22.0) for analysis. Correlation and regression analysis were conducted to find the relationship between the independent and dependent variables. The study found that cost leadership strategy, product differentiation strategy and focus strategy positively and significantly influenced performance of pharmaceutical companies in Nairobi County, Kenya. The study concluded that managing the production expenses enhances business performance because of increased profit value. Also, the study concluded that using technology to automate business operations lowers the cost thus increasing profitability. In addition to that, the study concluded that providing high quality products to customers builds customer loyalty which translates to improved performance. Similarly, the research concluded that lowering prices relative to that of competitors attracts more customers leading to increased sales volume. It was recommended that pharmaceutical firms should always aim at lowering the cost of production to reap optimal profits. However, these products should meet the quality demands in the market. It was also recommended that businesses should conduct customer satisfaction surveys to bridge the niche that may be identified. This way, businesses will be able to offer the relevant products and services and gain customer loyalty which eventually leads to increased profitability. In addition, it was recommended that non price competition strategies such as product packaging should be adopted by pharmaceutical firms to increase profitability. Customers would prefer to buy uniquely packaged products as they appear appealing. Future areas of study should focus on other competitive strategies since the three generic strategies that were identified did not account for 100% of the variation in performance of pharmaceutical firms.

Intentional Cannibalization, Radical Innovation, and Performance: A Comparison of Chinese and Western Enterprises in China

2019 ◽  
Vol 28 (2) ◽  
pp. 40-58
Author(s):  
Saeed Samiee ◽  
Maria Sääksjärvi ◽  
Nükhet Harmancioǧlu ◽  
Erik Jan Hultink
Keyword(s):  
Radical Innovation ◽  
Marketing Strategies ◽  
Chinese Firms ◽  
Chinese Enterprises ◽  
Cost Leadership ◽  
Subsequent Performance ◽  
Differentiation Strategy ◽  
Leadership Strategy ◽  
And Performance ◽  
Cost Leadership Strategy

Research contrasting the marketing strategies of foreign and domestic firms within local markets is scarce but is of critical importance to both types of firms. This research examines how intentional cannibalization (IC) functions in Western and Chinese enterprises operating in China and evaluates IC’s impact on radical innovation and subsequent performance while accounting for the moderating effects of cost leadership and differentiation strategies. The investigation uncovers important marketing strategy concerns for firms competing in emerging markets such as China. The results demonstrate that IC on its own correlates with radical innovation for Western firms, but not for Chinese firms. For Chinese firms, the link between IC and radical innovation becomes significant only in combination with a cost leadership strategy. For Western firms, the link between IC and radical innovation is strengthened when these firms pursue a differentiation strategy and, in contrast to Chinese firms, radical innovation mediates the effect between IC and performance. Thus, the way IC and radical innovation affect performance varies across Western and Chinese enterprises. These findings bolster and extend research regarding strategies of local and nonlocal firms in home markets.

scholarly journals Cost Leadership Strategy, Firm Structure And Performance Of Star Rated Hotels

2019 ◽  
Vol 2 (3) ◽  
Author(s):  
JANE NYOKABI
Keyword(s):  
Structural Equation ◽  
Simple Random Sampling ◽  
Positive Influence ◽  
Equation Modeling ◽  
Cost Leadership ◽  
Firm Structure ◽  
Leadership Strategy ◽  
And Performance ◽  
Hotel Managers ◽  
Cost Leadership Strategy

The purpose of this study was to assess the influence of cost leadership strategy and firm structure coalignment on firm performance of star rated hotels in Kenya. The research philosophy adopted was positivism and the research design was descriptive and correlative. The population consisted of senior managers from star rated hotels listed by the Tourism Regulatory Authority of Kenya as at 2018. Sampling techniques used in the study were proportionate stratified sampling and simple random sampling. 267 hotel managers were sampled. 253 managers responded out of which 103 respondents were found to represent cost leadership hotels. Hypothesis was tested using structural equation modeling. The study concluded that cost leadership strategy and firm structure coalignment has significant and positive influence on performance of star rated hotels in Kenya. The study recommends hotel managers to ensure a match between the pursuit of cost leadership strategy and the choice of firm structure.

How Competitive Strategies Affect Organizational Structure

2022 ◽  
pp. 271-299
Author(s):  
Muhammed Seyda Akdag ◽  
Yasemin Bal
Keyword(s):  
Technology Development ◽  
Organizational Structures ◽  
Competitive Strategies ◽  
Senior Managers ◽  
Cost Leadership ◽  
Leadership Strategy ◽  
The Cost ◽  
Focus Strategies ◽  
The Relationship ◽  
Cost Leadership Strategy

Organizational structures can change according to the strategy determined by the businesses. The purpose of this chapter is to extend that research by analyzing the relationship between Porter's competitive strategies and Burns and Stalker's structure types. The authors conduct their research on the enterprises in Technology Development Zones in Istanbul, Turkey. One hundred sixty of 5,506 enterprises participated in the research. Then, to search deeper, the authors conducted a qualitative research on the 25 enterprises in Technology Development Zones. Results show that, while the mechanical structure tendency is observed in the enterprises following the cost leadership strategy, the mechanical or organic structure tendency is not observed in the enterprises following the differentiation and focus strategies. Also, according to the interviews, results show that the organizational structures in the enterprises in Technology Development Zones are affected by the size of the organization or the strategic awareness level of the senior managers rather than the competitive strategies.

scholarly journals Performance, resources and capabilities of construction organisations: The mediating role of competitive strategies

2019 ◽  
Vol 9 (1) ◽  
pp. 35-59
Author(s):  
Luqman Oyewobi ◽  
◽  
Abimbola Windapo ◽  
Richard Jimoh ◽  
James Rotimi ◽  
...  
Keyword(s):  
Competitive Strategy ◽  
Positive Impact ◽  
Performance Excellence ◽  
Competitive Strategies ◽  
Differentiation Strategy ◽  
Mediating Role ◽  
Leadership Strategy ◽  
Resources And Capabilities ◽  
And Performance

This study examines the relationships between competitive strategies, resources/capabilities and organisational performance in construction organisations. The main objective is to establish the mediating role of competitive strategies on the strength of relationship between resources, capabilities and performance of large construction business organisations in South Africa. A survey instrument was administered to Grades 7, 8 and 9 construction organisations listed in the Construction Industry Development Board (cidb) database. 72 usable questionnaires were analysed using descriptive statistics and correlations. The results show that organisational resources and capabilities do not exert a direct impact on performance of construction organisations, but technological resources showed significant relationship, when mediated by competitive strategy. This implies that performance of large construction organisations is contingent upon their competitive strategies and organisational capabilities, for them to achieve performance excellence. Furthermore, differentiation strategy influences an organisations’ financial performance negatively whereas cost-leadership strategy has a positive impact. It provides empirical evidence on the relationship between competitive strategy and organisational resources/capabilities in a new setting.

scholarly journals Intellectual Capital, Members' Participation and Cooperative Performance: The Mediating Role of Management Capabilities

2021 ◽  
Vol 12 (1) ◽  
pp. 252
Author(s):  
Suraiya Ishak ◽  
Ahmad Raflis Che Omar ◽  
Sarmila Md Sum ◽  
Azhar Ahmad ◽  
Abd Hair Awang ◽  
...  
Keyword(s):  
Financial Performance ◽  
Intellectual Capital ◽  
Peninsular Malaysia ◽  
Mediating Effect ◽  
Mediating Role ◽  
Structural Capital ◽  
Management Capability ◽  
The Board Of Directors ◽  
And Performance ◽  
Management Capabilities

The purpose of this paper is to validate the mediating effect of management capability/capabilities (MC) on the relationships between intellectual capital (IC) and cooperative members’ participation (MP) and the cooperatives' financial and non-financial performance. The major aim is to examine the effect of MC in mediating the relationship between influential antecedents and cooperative performance - a topic that is relatively understudied in the literature. The study employs the survey technique to gather data from the respondents. Therefore, the questionnaire is designed to measure the indicators of the prescribed independent and dependent variables. The independent variables consist of MP and IC, which is further itemised into structural capital (SC), human capital (HC) and relational capital (RC), whilst the dependent variable consists of performance measured by financial and non-financial indicators. The questionnaires are distributed to 234 cooperatives that consist of palm oil smallholders cooperatives in Peninsular Malaysia. Among the targeted sample, 44% responded to the survey. The relationships between the characteristics of the Board of Directors and performance are validated through the partial least squares analysis. The findings indicate MC is a significant mediator in the relationships between IC and MP and cooperative performance. Furthermore, MC has been found to have a positive effect on the financial and non-financial performance of the cooperatives. IC and MP have indirect effects on cooperative performance. The ability to influence such a performance lies in the abilities of the management to optimise the benefits obtained from the SC, HC and RC and MP in the cooperative's activities.

scholarly journals Strategic Competitiveness and Corporate Performance of Paints Manufacturing Companies Quoted in Nigerian Stock Exchange

2021 ◽  
pp. 17-26
Author(s):  
Oyakhire Victor Alaba ◽  
Ofobruku Sylvester Abomeh ◽  
Akpoyibo Gregory Akpobome
Keyword(s):  
Corporate Performance ◽  
Stock Exchange ◽  
Design Method ◽  
Manufacturing Companies ◽  
Cost Leadership ◽  
Differentiation Strategy ◽  
Leadership Strategy ◽  
And Performance ◽  
Focus Strategy ◽  
Cost Leadership Strategy

Corporate organizations all over the world are continually faced with volatile business conditions, competitive market environments and rapid technological change. Most organizations focus on survive and also find better ways to improve their performance. This study examined the effects of strategic competitiveness on the performance of quoted paints manufacturing companies in Nigerian stock exchange. The research used the descriptive research design method. The study investigated the relationship between cost-leadership strategy, differentiation strategy, focus strategy and performance of companies. This research applied the theory of dynamic capability. The data was collected from one hundred and eighty-seven (187) respondents, these includes directors, management staff and senior staff of the six paint companies quoted in Nigeria. The results showed that a strategic competitiveness (cost leadership strategy, diversification strategy and focus strategy) have a significant impact on corporate performance. These findings reinforce the need for paint manufacturing companies to adopt strategic planning in capitalizing on differentiation strategy, train their staff to gain competitive advantage knowledge and ensure their competitive survival.

Intrapreneurship in the digital era: driven by big data and human resource management?

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Wenhai Wan ◽  
Longjun Liu
Keyword(s):  
Big Data ◽  
Resource Management ◽  
Human Resource Management ◽  
Human Resource ◽  
Business Performance ◽  
Senior Managers ◽  
Content Type ◽  
Mediating Role ◽  
Digital Era ◽  
And Performance

Purpose This study aims to investigate whether big data enabling (BDE) and empowerment-focused human resource management (EHRM) can effectively promote employee intrapreneurship and their effects on platform enterprises’ innovation performance. The paper also examines the contexts under which employee intrapreneurship may affect business performance. Design/methodology/approach Data were collected from 155 platform enterprises in China in the form of questionnaires. Participants were mainly middle and senior managers with a comprehensive grasp of the enterprises’ information. Findings The results indicated that BDE, EHRM and their synergy positively influenced employee intrapreneurship, which could potentially extend to enterprise performance. Specifically, employee intrapreneurship played a partial mediating role between BDE, EHRM and performance, and a whole mediating role between synergy and performance. Finally, platform strategic flexibility played a positive moderating role between employee intrapreneurship and performance. Practical implications Platform enterprises should focus on the construction and utilization of big data and EHRM to stimulate organizational vitality. They also need to encourage employees to start businesses and build more flexible strategies to adapt to the dynamic economic environment. Originality/value This is an empirical study on the effect mechanism of big data and HRM on employee intrapreneurship and platform enterprises’ performance in China. The paper combined big data, HRM and employee intrapreneurship, which broke through the previous research on enterprise entrepreneurship and social entrepreneurship. The findings guide platform enterprises to stimulate organizational vitality and achieve better performance in the digital era.

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