Uncovering The Relationships Between Strategic Capability, Strategic Flexibility, And Performance
Keywords:
Strategic Flexibility, Strategic Capability, Performance
Abstract
Abstract.
Strategic flexibility and strategic capability are seen as strategic activities carried out by companies to compete and adapt to the business environment to achieve the expected performance. The objectives of this research are: (1) examine strategic flexibility, strategic capability, and performance by emphasizing their relationships, dimensions and roles of context (2) identify the relationship between strategic flexibility, strategic capability and performance that can be used for future theory development. This research uses bibliometric analysis to map how strategic flexibility, strategic capability and performance intended from several previous journals using VOSviewer. This research concludes that implementing strategic flexibility and strategic capability will result in effective relationships and good firm performance although strategic flexibility is not directly related to the strategic capability. Performance mediates the influence between strategic flexibility and strategic capability. The strategic flexibility is influenced by product innovation, absorptive capacity, and dynamic capability, in the other hand, strategic capability is influenced by network capability. The implication of this research are following researches can add literatures and new theories on the strategic flexibility and strategic capability so that research and discussion on this object can continue to grow.
Keywords: Strategic Flexibility, Strategic Capability, Performance
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References
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[3] V. FernándezPérez, A. José VerdúJóver, and J. BenitezAmado, “Managerial social networks and strategic flexibility: the role of strategic orientation,” Pers. Rev., vol. 42, no. 2, pp. 134–153, 2013, doi: 10.1108/00483481311309357.
[4] Y. Kouropalatis, P. Hughes, and R. E. Morgan, “Pursuing ‘flexible commitment’ as strategic ambidexterity: An empirical justification in high technology firms,” Eur. J. Mark., vol. 46, no. 10, pp. 1389–1417, 2012, doi: 10.1108/03090561211248099.
[5] H. Guo and Z. Cao, “Strategic flexibility and SME performance in an emerging economy: A contingency perspective,” J. Organ. Chang. Manag., vol. 27, no. 2, pp. 273–298, 2014, doi: 10.1108/JOCM-11-2012-0177.
[6] E. F. Thomas, “Platform-based product design and environmental turbulence: The mediating role of strategic flexibility,” Eur. J. Innov. Manag., vol. 17, no. 1, pp. 107–124, 2014, doi: 10.1108/EJIM-06-2013-0055.
[7] A. H. Gorondutse, D. Arshad, and A. S. Alshuaibi, “Driving sustainability in SMEs’ performance: the effect of strategic flexibility,” J. Strateg. Manag., vol. 14, no. 1, pp. 64–81, 2021, doi: 10.1108/JSMA-03-2020-0064.
[8] S. Chaudhary, “Implications of strategic flexibility in small firms: the moderating role of absorptive capacity,” South Asian J. Bus. Stud., vol. 8, no. 3, pp. 370–386, 2019, doi: 10.1108/SAJBS-10-2018-0104.
[9] J. A. Parnell, “Strategic capabilities, competitive strategy, and performance among retailers in Argentina, Peru and the United States,” Manag. Decis., vol. 49, no. 1, pp. 139–155, 2011, doi: 10.1108/00251741111094482.
[10] J. A. Parnell, “Nonmarket and market strategies, strategic uncertainty and strategic capabilities: Evidence from the USA,” Manag. Res. Rev., vol. 41, no. 2, pp. 252–274, 2018, doi: 10.1108/MRR-05-2017-0151.
[11] T. Huikkola and M. Kohtamäki, Solution providers’ strategic capabilities, vol. 32, no. 5. 2017. doi: 10.1108/JBIM-11-2015-0213.
[12] M. SEYHAN, S. AYAS, U. SONMEZ, and O. Y. UGURLU, “The Relationship between Strategic Capabilities and Competitive Performance: The Moderating Role of Internal Cooperation,” Int. J. Acad. Res. Econ. Manag. Sci., vol. 6, no. 1, pp. 146–161, 2017, doi: 10.6007/ijarems/v6-i1/2603.
[13] V. Fernández-Pérez, F. J. L. Montes, and V. J. García-Morales, “Towards strategic flexibility: Social networks, climate and uncertainty,” Ind. Manag. Data Syst., vol. 114, no. 6, pp. 858–871, 2014, doi: 10.1108/IMDS-11-2013-0483.
[14] A. Guiette and K. Vandenbempt, A Focused Issue on Building New Competences in Dynamic Environments . 2014. doi: 10.1108/s1744-211720140000007018.
[15] J. Vesalainen and H. Hakala, “Strategic capability architecture: The role of network capability,” Ind. Mark. Manag., vol. 43, no. 6, pp. 938–950, 2014, doi: 10.1016/j.indmarman.2014.05.008.
[16] A. Zgarni, “Competitive Intensity, Strategic Capabilities and Strategic Business Choices: Competitive, Cooperation or Coopetition. The Case of Tunisian Manufacturing Industries,” Int. Bus. Manag., vol. 13, no. 7, pp. 256–265, 2019, doi: 10.36478/ibm.2019.256.265.
[17] Y. Lin, S. Zhao, and N. Li, “A study of network-building HR practices for TMT, strategic flexibility and firm performance: The moderating role of environmental uncertainty,” Nankai Bus. Rev. Int., vol. 5, no. 1, pp. 95–114, 2014, doi: 10.1108/NBRI-01-2014-0001.
[18] C. Han and S. Zhang, “Multiple strategic orientations and strategic flexibility in product innovation,” Eur. Res. Manag. Bus. Econ., vol. 27, no. 1, p. 100136, 2021, doi: 10.1016/j.iedeen.2020.100136.
[19] V. F. Pérez, A. J. V. Jóver, and J. B. Amado, “Managerial social networks and strategic flexibility: the role of strategic orientation,” Pers. Rev., vol. 42, no. 2, pp. 134–153, 2013, doi: 10.1108/00483481311309357.
[20] V. F. Pérez, F. J. L. Montes, and V. J. G. Morales, “Towards strategic flexibility: Social networks, climate and uncertainty,” Ind. Manag. Data Syst., vol. 114, no. 6, pp. 858–871, 2014, doi: 10.1108/IMDS-11-2013-0483.
[21] M. S. Change et al., “International Marketing in the Fast Changing World,” p. iii, 2015, doi: 10.1108/s1474-797920150000026019.
[22] Z. Yousaf and A. Majid, “Organizational network and strategic business performance: does organizational flexibility and entrepreneurial orientation really matter?", Journal of Organizational Change Management, https://doi.org/10.1108/ Zahid Yousaf, Abdul Majid, "Organizational ne,” J. Organ. Chang. Manag., vol. 31, no. 2, pp. 268–285, 2018.
[23] Z. Wei, Y. Yi, and C. Yuan, “Bottom-up learning, organizational formalization, and ambidextrous innovation,” J. Organ. Chang. Manag., vol. 24, no. 3, pp. 314–329, 2011, doi: 10.1108/09534811111132712.
[24] M. Ahmadi, M. Hassan, and M. Osman, “Influence of Context on Strategic Flexibility – A Critical Review,” Int. J. Innov. Bus. Strateg., vol. 8, no. 2, pp. 17–29, 2017.
[25] L. Xiu, X. Liang, Z. Chen, and W. Xu, “Strategic flexibility, innovative HR practices, and firm performance: A moderated mediation model,” Pers. Rev., vol. 46, no. 7, pp. 1335–1357, 2017, doi: 10.1108/PR-09-2016-0252.
[26] X. Wang, Y. Qi, and Y. Zhao, “Individual unlearning, organizational unlearning and strategic flexibility: The down-up change perspective,” Balt. J. Manag., vol. 14, no. 1, pp. 2–18, 2019, doi: 10.1108/BJM-10-2017-0324.
[27] A. Beraha, D. Bingol, E. Ozkan-Canbolat, and N. Szczygiel, “The effect of strategic flexibility configurations on product innovation,” Eur. J. Manag. Bus. Econ., vol. 27, no. 2, pp. 129–140, 2018, doi: 10.1108/ejmbe-02-2018-0028.
[28] Sumiati, “Kinerja Usaha Kecil Menengah Sektor Industri Pengolahan Kota Malang,” J. Manaj. Teor. dan Terap., vol. 12, no. 3, pp. 278–293, 2019.
[29] J. Hess and T. Flatten, “Strategic Responsiveness and Adaptive Organizations: New Research Frontiers in International Strategic Management,” Strateg. Responsiveness Adapt. Organ. New Res. Front. Int. Strateg. Manag., 2019, doi: 10.1108/9781789730111.
[30] I. Miroshnychenko, A. Strobl, K. Matzler, and A. De Massis, “Absorptive capacity, strategic flexibility, and business model innovation: Empirical evidence from Italian SMEs,” J. Bus. Res., vol. 130, no. February, pp. 670–682, 2021, doi: 10.1016/j.jbusres.2020.02.015.
[31] R. Rialti, G. Marzi, A. Caputo, and K. A. Mayah, “Achieving strategic flexibility in the era of big data: The importance of knowledge management and ambidexterity,” Manag. Decis., vol. 58, no. 8, pp. 1585–1600, 2020, doi: 10.1108/MD-09-2019-1237.
[32] E. S. Pudjiarti and H. R. D. Putranti, “Integrasi Fleksibilitas Strategis dan Kapabilitas Pembelajaran Organisasi sebagai Second-order Factor terhadap Kinerja Inovasi dan Perusahaan,” J. Maksipreneur Manajemen, Koperasi, dan Entrep., vol. 10, no. 1, p. 73, 2020, doi: 10.30588/jmp.v10i1.693.
[33] L. Yang and C. Gan, “Cooperative goals and dynamic capability: the mediating role of strategic flexibility and the moderating role of human resource flexibility,” J. Bus. Ind. Mark., vol. 36, no. 5, pp. 782–795, 2020, doi: 10.1108/JBIM-11-2019-0495.
Published
2023-01-09
How to Cite
Evanthi, A., & Azhar, R. M. (2023). Uncovering The Relationships Between Strategic Capability, Strategic Flexibility, And Performance . International Journal of Science, Technology & Management, 4(1), 30-38. https://doi.org/10.46729/ijstm.v4i1.722
Section
Articles
