Abstract
The study aimed to highlight the effect of strategic vigilance on organizational ambidexterity in Jordanian Commercial Banks.  A simple random sample with a size of (217) managers was adopted. The questionnaire was distributed to the sample and (171) questionnaire was retrieved. The study found a positive effect of strategic vigilance on organizational ambidexterity. The study recommends the organizations to employ committees and teams that specialize in strategic vigilance and provide them with all necessary resources to achieve organizational goals.
Highlights
Strategic vigilance and organizational ambidexterity considered an important issue for all organizations that seek to keep up with the dynamic developments in their sector
The main objective of this study is to Identify the effect of strategic vigilance on organizational ambidexterity in Jordanian Commercial banks
The results of the analysis of the study data indicated that there is a positive effect of strategic vigilance on organizational ambidexterity in Jordanian Commercial Banks where the levels of strategic vigilance & organizational ambidexterity were high
Summary
Strategic vigilance and organizational ambidexterity considered an important issue for all organizations that seek to keep up with the dynamic developments in their sector. Strategic ambidexterity points out to the simultaneous exploration and follows up of new market opportunities and effective exploitation of the current market (Snehvrat et al, 2018). Strategic vigilance authorizes organizations to sense and seize current and new opportunities by assign organizational assets, capabilities and resources. Exploitative and exploratory strategies led organizations to raise their sales performance in both current and new markets (Ramirez et al, 2018). Organizations that applied exploratory strategies improve new products and seek new markets (Park & Kim, 2015).
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