scholarly journals Dynamic Capacities in a Crisis Environment: A Comparative Analysis of Cases from the Retail and Clothing Retail Sector

2018 ◽  
Vol 17 (4) ◽  
pp. 19-37
Author(s):  
Renata Barcelos ◽  
Daniel Paulino Teixeira Lopes ◽  
Carlos Alberto Gonçalves ◽  
Allan Claudius Queiroz Barbosa
Keyword(s):  
Corporate Governance ◽  
Path Dependence ◽  
Dynamic Capabilities ◽  
External Environment ◽  
Retail Sector ◽  
Structured Interviews ◽  
Mediating Role ◽  
The Face ◽  
And Performance ◽  
Political Economic

Objective: Our objective was to explore evidence of the relevance of dynamic capabilities to the economic performance of companies and on the mediating role of the external environment in the relation between capabilities and performance in the context of the Brazilian political-economic crisis of 2015-2017. Methodology: This was a comparative study of two cases of family companies of the same sector and stage, which have demonstrated opposite economic results. Structured questionnaires and semi-structured interviews were applied to a board member from each company. Originality: Environmental dynamics and capabilities are discussed as fundamental elements to performance. The former has been discussed little in the field of strategy and the latter has been explored little in crisis contexts. Main results: We demonstrated the complexity involved in research relating environment, capacities, and performance. The relevance of dynamic capabilities was evidenced, but corporate governance was demonstrated to be a fundamental element for the development of such capabilities. The idea of ​​environmental tolerance is raised in the face of long-term companies that have not developed some strategic capabilities over the years. Theoretical contributions: The relevance of the external environment is highlighted in the studies of strategy. Furthermore, corporate governance is proposed as a fundamental area to be investigated in the context of dynamic capacities. The time factor between capabilities and performance is also highlighted. Path dependence and ordinary capacities are suggested as important elements for building a theory based on capabilities.

scholarly journals Human resources managers as custodians of the King III code

2015 ◽  
Vol 18 (2) ◽  
pp. 206-217
Author(s):  
Frank De Beer ◽  
Daniel Hercules Du Toit
Keyword(s):  
Corporate Governance ◽  
Human Resources ◽  
Performance Management ◽  
Ethical Decision Making ◽  
Structured Interviews ◽  
Main Research ◽  
Hr Management ◽  
Human Resources Managers ◽  
And Performance ◽  
Hr Managers

The objective of this research was to perform an exploratory study on the knowledge and understanding of the King III code among Human Resources (HR) managers in South African companies. The King III code is a comprehensive international corporate governance regime which addresses the financial, social, ethical and environmental practices of organisations. HR management plays a role in managing corporate governance by using the King III code as a guideline. The main research questions were: Does HR management know, understand, apply, and have the ability to use the King III code in terms of ethical decision-making? What role does HR management play in corporate governance? A random sample of available HR managers, senior HR consultants and HR directors was taken and semi-structured interviews were conducted. The results indicated that the respondents had no in-depth knowledge of the King III code. They did not fully understand the King III code and its implications nor did they use it to ensure ethical management. The themes most emphasised by the participants were: culture, reward and remuneration, policies and procedures and performance management. The participants emphasised the importance of these items  and HR’s role in managing them.

Dynamic capabilities, innovation and branding capabilities and their impact on competitive advantage and SME's performance in Portugal: the moderating effects of entrepreneurial orientation

2020 ◽  
Vol 12 (3) ◽  
pp. 255-286
Author(s):  
Jorge Ferreira ◽  
Arnaldo Coelho
Keyword(s):  
Competitive Advantage ◽  
Entrepreneurial Orientation ◽  
Dynamic Capabilities ◽  
Exploration And Exploitation ◽  
Content Type ◽  
Mediating Role ◽  
And Performance ◽  
Positive Direct ◽  
Moderating Role

Purpose The purpose of this paper is to understand the impact of dynamic capabilities (DC) (in the view of exploration and exploitation) on competitiveness and performance, considering the mediating role the innovation capability (IC) and branding capabilities (BC)on competitive advantage and firm’s performance and the moderating role of entrepreneurial orientation (EO). Design/methodology/approach This investigation proposes a theoretical model tested using structural equation modelling (SEM). Multi-group analysis was performed to understand the moderating role of. A questionnaire survey was developed to explore the relations between DC and innovation variable. For this study, 387 valid questionnaires were collected from a sample of Portugal SME’ firms. A 90-item questionnaire which consists to study the relationships among all the variables. Findings The results show that exists a positive direct and indirect influence of DC on competitive advantage and performance variables and mediating impact the IC and BC. Research limitations/implications This study has some methodological limitations affecting its potential contributions. As a cross-sectional study that captures one image in time, its ability to identify strict causality between variables is limited. Furthermore, the results are based on log collected from a key respondent, rather than broader actual data. The results are restricted to one country, Portugal. Some variables, such as ICs, may play a different role in other countries. Future research should initially target different countries. Such research could then test the generalizability of the results. Practical implications This study has important implications for the managers. It highlights the necessity of firms to develop superior strategic orientation of all their members and to invest in better resources and consequently superior capabilities as a way of achieving high levels of firm performance. Another implication from the study is that the firms should develop their marketing programs by focusing on developing innovativeness. Originality/value This study contributes to the understanding of the indirect and direct impact of exploration and exploitation variables, and the mediating role of ICs and BC on the competitive advantage and performance and the moderating effect of EO.

scholarly journals Corporate Governance Guideline Relevance To Maltese Family Public Interest Companies A Small State Perspective

2020 ◽  
Vol 7 (2) ◽  
pp. 14-41
Author(s):  
Peter Baldacchino ◽  
Karl Cachia ◽  
Norbert Tabone ◽  
Simon Grima ◽  
Frank Bezzina
Keyword(s):  
Corporate Governance ◽  
Public Interest ◽  
Small State ◽  
Structured Interviews ◽  
Family Governance ◽  
Good Corporate Governance ◽  
The Board Of Directors ◽  
Explanatory Mixed Methods ◽  
And Performance ◽  
Structured Questionnaire

The objectives of this paper are to investigate the relevance of guidelines on good corporate governance (CG) to family public interest companies (PICs) within the small state of Malta and to recommend how existing guidelines may be improved and tailored for such companies. An explanatory mixed-methods empirical approach is adopted with a structured questionnaire being first administered to 17 respondents in 12 PICs owned by different families. This was then followed by semi-structured interviews with the representatives of 11 of these PICs. Findings indicate that there is a need for the existing guidelines to be improved for them to become more in line with the needs of PICs which are characterised by dominant family interests. In this respect, this paper recommends possible principles and guidelines that may be used by the relevant authorities either to improve the existing PIC guidelines or to issue a new set of guidelines aimed specifically for family PICs. Given the peculiarities of such companies, it is clear that the guidelines have to contain elements that address the CG structure, such as the need to formally document a family governance plan. Clearer guidance is needed on the appointment and composition of the Board of Directors, on the employment, conduct, compensation and performance evaluation of managers, as well as on the composition of the ownership of family PICs. Additionally, the paper concludes that a relevant factor for family PICs in carrying out improvements to their CG is that they continue to place more importance than other PICs to their continued existence.

scholarly journals A Dynamic Capabilities-Based Research Model for Innovation in Independent Restaurants

2021 ◽  
Vol 14 (12) ◽  
pp. 135
Author(s):  
Belinda K. Muriuki ◽  
Zack B. Awino ◽  
Madara M. Ogot ◽  
James N. Muranga
Keyword(s):  
Dynamic Capabilities ◽  
Empirical Studies ◽  
Restaurant Industry ◽  
Research Model ◽  
Mediating Role ◽  
Innovation Activities ◽  
And Performance ◽  
Comprehensive Framework ◽  
The Relationship

The purpose of the study is to contribute to the existing literature by reviewing empirical studies conducted in the restaurant industry on innovation to develop a dynamic capabilities-based research model for independent restaurants which can be tested by future scholars in the restaurants industry. The review covered innovation models that have been used and tested in restaurants; types of innovation; dynamic capabilities as an antecedent for innovation; the mediating role of human capital between dynamic capabilities and innovation; and the relationship between innovation and performance. The results of the study revealed that innovation activities described in the literature can be categorised into the dynamic capabilities components of sensing, learning, integrating, and co-ordinating capabilities thus supporting the proposed dynamic capabilities research model. The model, therefore, provides a comprehensive framework for investigating innovation activities in independent restaurants.

scholarly journals INFLUENCE OF THE EXTERNAL ENVIRONMENT ON THE LOGISTICS STRATEGIES OF INDUSTRIAL ORGANIZATIONS

2019 ◽  
Vol 7 (12) ◽  
pp. 628-643
Author(s):  
Daniel Nascimento-e-Silva ◽  
Elenilson Bento de Sousa Júnior ◽  
Ana Lúcia Soares Machado ◽  
Márison Luiz Soares ◽  
Gilbert Breves Martins
Keyword(s):  
External Environment ◽  
Professional Experience ◽  
Research Protocol ◽  
Structured Interviews ◽  
Scientific Training ◽  
Industrial Organizations ◽  
Minimum Data ◽  
Outdoor Environments ◽  
Political Economic ◽  
Industrial Center

Context: Environments of uncertainty and instability force organizations to modify their actions. The reason for this change is that the minimum data and information needed to establish the logic of production cannot be obtained. Objective: This study aimed to identify the impacts of the external environment on the logistics strategies of the industrial organizations operating at the Manaus Industrial Pole. Methodology: The method was the survey, which used a research protocol as a guide, and had as its subject five managers of the logistics sector of five medium and large industries operating in the industrial center of Manaus, Brazil, intentionally chosen, whose Data collection was done through semi-structured interviews and the results were generated with the aid of content analysis. Results: The results showed that a) the logistics chain is made up of foreign suppliers and domestic consumers, b) the organizations are managed by professionals with adequate technical and scientific training and solid professional experience in the area, c) the impacts of the external environment are of economic, political, ecological and political-economic natures and d) all were perceived as threats to the logistics strategies of the surveyed industries. Conclusion: The impacts of the external environment caused organizations to reduce their logistics operations. Contribution of the study to the logistics area: the confirmation that turbulent outdoor environments force organizations to reduce their production activities.

scholarly journals Marketing Capabilities and Performance of Companies: A Case Study of The Czech Retail Sector During The Covid-19 Crisis

Auspicia ◽  
2021 ◽  
Vol XVIII (1) ◽  
pp. 43-51
Keyword(s):  
Dynamic Capabilities ◽  
Synergistic Effects ◽  
Motor Vehicles ◽  
Retail Sector ◽  
Marketing Capabilities ◽  
Net Profit ◽  
Dynamic Components ◽  
And Performance ◽  
Relationship Of ◽  
The Relationship

Marketing capabilities are related to the performance of companies; however, it is still unclear how and to what extent. Resource-Based View (RBV) assumes a relatively straightforward relationship between specific individual skills and resources to maximize net profit. The Dynamic Capabilities View theory assumes synergistic effects between skills and other resources in the company and the relationship of marketing skills may not be straightforward. This paper uses the period of the covid-19 pandemic to evaluate the relationship between marketing skills and their impact on the productivity of companies and technical efficiency of net profit. A questionnaire survey conducted in 2019 focused on enterprises operating in the Retail sector except motor vehicles (NACE 47) with a branch in the Central Bohemian Region of the Czech Republic. The results of the data envelopment analysis and the subsequent regression analyses suggest the existence of a relatively direct influence of market research capabilities on the performance of companies. It can be assumed that the other marketing skills are rather dynamic components within the theory of DCV.

scholarly journals Dynamic Capabilities and Performance: The Mediating Role of Firm Competence

2020 ◽  
Vol 3 (1) ◽  
Author(s):  
Gabriel Kitenga ◽  
◽  
J. M. Kilika ◽  
A. W. Muchemi
Keyword(s):  
Dynamic Capabilities ◽  
Mediating Role ◽  
And Performance

scholarly journals DYNAMIC CAPABILITIES IN AUTOMOTIVE POLLUTANTS REDUCTION TECHNOLOGIES: CASE STUDY

2017 ◽  
Vol 18 (3) ◽  
pp. 15-41
Author(s):  
DANIEL LEITE MESQUITA ◽  
ALEX FERNANDO BORGES ◽  
ANTÔNIO CARLOS DOS SANTOS ◽  
JOEL YUTAKA SUGANO ◽  
TAIS CASTRO VELOSO
Keyword(s):  
Content Analysis ◽  
Path Dependence ◽  
Dynamic Capabilities ◽  
External Environment ◽  
Reduction Techniques ◽  
The Creation ◽  
Pollutant Reduction ◽  
Methodological Aspects ◽  
Do So

ABSTRACT Purpose: The aim of this paper is to analyze the dynamic capabilities related to the generation of pollutant reduction techniques according with Teece's proposition. In order to do so, we developed a case study in a Brazilian automaker. Originality/gap/relevance/implications: This paper discusses empirically aspects of creation of dynamic capabilities and innovations from its foundations. The originality of the study resides in a clearer understanding inside an organization the conception of dynamic capabilities and innovations through time. Key methodological aspects: In this paper, an automaker was studied, focusing on interviewers' interpretations concerning on the creation of reduction of pollutants technologies. The data collected were qualitative and they were analyzed through the technique of content analysis. Summary of key results: As main results, we observed that Integration and development capabilities were found and they were characterized as dynamic capabilities in the sense that, they are all based in the automaker's adaptation to its external environment. The path dependence of the automaker was also observed, through all the innovations that were created during the automaker's history towards more efficient and less pollutant vehicles. Key considerations/conclusions: Summarizing, the automaker seeks to ‘perceive' its dynamic capabilities from market's actions, since the organization has an historical path and also its R&D capabilities. So on the seizing phase of the Dynamic Capabilities, the organization seeks to ‘create value' to its customers.

Structuring supervisory board for an anti-corruption strategy: a new application of a compliance system

2017 ◽  
Vol 17 (1) ◽  
pp. 48-63 ◽  
Author(s):  
Pietro Previtali ◽  
Paola Cerchiello
Keyword(s):  
Corporate Governance ◽  
Supervisory Board ◽  
Effective Measure ◽  
Content Type ◽  
Mediating Role ◽  
Industrial Sectors ◽  
Oecd Convention ◽  
Supervisory Boards ◽  
Nuanced Understanding ◽  
And Performance

Purpose The aim of this paper is to examine a relevant innovation in terms of how corporate supervisory boards are structured for an effective measure of anti-corruption that concerns a new application of Italian Legislative Decree No. 231/2001 in compliance with the obligations set out by OECD Convention of 17 September 1997 on the fight against corruption. Design/methodology/approach The research hypotheses which lead the study are based on an empirical analysis of 119 nursing homes with the aim of investigating the state-of-the art of this innovative application especially regarding the composition, effectiveness and functioning of the supervisory board in the unique case when this compliance system becomes compulsory. Findings The results show how, even though a certain level of uncertainty and ambiguity have led to great variance in the ways the compliance system is drafted, was possible to identify a positive relation between supervisory board composition and performance – that is the effectiveness of anti-corruption system – and a negative relation between board size and performance. Finally, the results suggest the relevance of supervisory board in fostering knowledge as mediating role. Research limitations/implications The authors believes that future work using inter-temporal modelling could build upon and extend the insights presented here. A second area arises from those contrasts in board characteristics that are present across countries and/or across company’s size, small- and medium-sized enterprises or multinational companies and/or across industrial sectors. Practical implications The authors offers a more nuanced understanding of the linkages between corporate governance and anti-corruption. In particular, the paper suggests that for an effective anti-corruption strategy, larger supervisory board sizes are associated with weaker performance, and a greater external composition is preferable to an internal one. Originality/value The paper depicts a first and relevant step toward the identification of best practices of corporate governance as anti-corruption system, relating to an innovative and unique – to the date – application of a compliance system based on the supervisory board.

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