Abstract

The post-pandemic business landscape in Africa is characterized by organizational non-performance, employee attrition, lack of resilience, and strategic thinking in recent times. It continues to generate public discussion, concerns, and scientific interest because of its negative impacts. The coronavirus pandemic has also heightened these concerns; though, organizations continue to grapple for ways to improve performance. However inadequate strategic thinking is prevalent and has not received adequate attention post-pandemic, particularly in Nigeria the giant of Africa owning to the population. Therefore, this study aims to determine the association between strategic thinking and the long-term performance of organizations in Nigeria with a representative sample of selected teaching hospitals in Ogun State Nigeria. This is due to the peculiarity of teaching hospitals to live and well-being and the peculiar erratic business environment in Nigeria. The investigation utilized a survey research design comprising 339 medical doctors (Registrars, Senior Registrars, and Consultants) from teaching hospitals in Ogun State, Nigeria. The technique of total enumeration was used. A validated semi-structured questionnaire was utilized to collect data for the study. The constructs' Cronbach's alpha reliability coefficients ranged from 0.88 to 0.92. The rate of response was 93.8%. For the analysis of the data descriptive and inferential statistics were employed (Pearson product-moment correlation and regression analysis). The data analysis revealed that strategic thinking had a significant positive effect on the organizational performance of teaching hospitals in Ogun State, Nigeria (Adj. R2 = 0.051, F(4, 313) = 5.295, p < 0.05). The study concluded that strategic thinking affects the organizational performance of teaching hospitals in Ogun State, Nigeria, and can ensure long-term survival. Due to the correlation between strategic thinking and organizational performance, it is recommended that organizations adopt strategic thinking and ensure that they comprehend its significance to organizational performance. Strategic thinking can be a solution for hospital organizations to remain resilient in uncertain times.

Full Text
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