Strategic Management Practices Research Articles

Is corporate reputation associated with voluntary cybersecurity risk reporting?

Purpose This study investigated the effect of voluntary cybersecurity risk reporting (VCRR) on corporate reputation. By examining the association between VCRR and corporate reputation, this study aims to provide exploratory evidence of how cybersecurity risk is sensitive to a company’s image and reputation. Design/methodology/approach An automated content analysis of VCRR by 95 Bombay Stock Exchange-listed companies was undertaken using Python code. Signaling and legitimacy theories were adopted to interpret the findings, establishing whether VCRR was related to corporate reputation. Findings The results confirm that VCRR improves the corporate reputation in the financial market. The results also confirm the signalling and legitimacy theory that a company can manage reputational risks through higher voluntary risk disclosure. Practical implications The corporation’s managers can gain insights from the study’s findings and proactively address cybersecurity risks through strategic disclosure and management practices. In addition, organizations can recognize that investors value transparency and establish a positive reputation for those who communicate openly. Social implications A significant association between VCRR and corporate reputation implies that such disclosures enhance trust and transparency in the business sector and induce security and accountability among investors engaging with the company. Originality/value To the best of the authors’ knowledge, this study is the first that empirically investigates this issue and adds to the international literature a new explanatory variable, corporate reputation, to explain VCRR practices.

THE EFFECT OF STRATEGIC HUMAN RESOURCE MANAGEMENT PRACTICES ON ORGANIZATIONAL PERFORMANCE WITH THE MEDIATING ROLE OF INNOVATION (CASE STUDY: MIANDOAB CITY EDUCATION DEPARTMENT)

This study aimed to explore the effect of strategic human resource management practices on organizational performance with the mediating role of organizational innovation in the Miandoab City education department. This research is practical, in terms of purpose, and among descriptive studies in terms of data collection method. The statistical population of the research was all the experts of the Miandoab city education department, who were selected by simple random sampling method number of 218 people. To collect data, three questionnaires on strategic human resource management by Chen and Hong (2009), organizational performance by Ahmadi (2012), and organizational innovation by Shoham et al., (2012) were used. The validity of the questions was confirmed using confirmatory factor analysis, and the results showed that strategic human resource management has a significant effect on organizational performance with a factor of 44%, and on organizational innovation with a factor of 76%. Organizational innovation significantly affects organizational performance with a factor of 59%. The results also confirmed the mediating role of organizational innovation in the research community. The study emphasizes the necessity of paying more attention to the strategic methods of human resource management and strengthening innovation to cope with scientific and technological advances.

Resource Management Practices and Completion of Road Construction Projects in Rwanda: Base-Butaro-Kidaho Road Project

The study assessed the effect of resource management practices on completion of road construction projects in Rwanda, with a specific focus on the Base-Butaro-Kidaho road construction project. The research aimed to evaluate the effect of material resource management, financial resource management, and human resource management on the project's successful and timely completion. A mixed-methods approach was employed, combining quantitative and qualitative data collection techniques. The study population consisted of 393 stakeholders involved in the planning, execution, and oversight of the Base-Butaro-Kidaho road project. A sample of 198 respondents was selected using stratified and simple random sampling techniques, complemented by purposive sampling to identify key respondents Descriptive statistics, correlation coefficients, and multiple linear regression were employed to analyze the data. Key findings indicate that material resource management had an overall average mean score of 4.53, showing that it was highly effective in ensuring the project's completion. Financial resource management showed a strong positive correlation with project completion (r = .504, p < .01), while human resource management had the strongest positive impact (r = .570, p < .01). The overall resource management practices demonstrated a significant correlation with project success (r = .643, p < .01). The regression analysis further revealed that human resource management had the most substantial positive impact on project completion, followed by financial and material resource management. The ANOVA results confirmed the statistical significance of all three management practices in predicting project success. The study concludes that comprehensive and strategic resource management practices are essential for the successful completion of road construction projects, with human resource management being the most influential factor. Based on these findings, the study recommends enhancing human resource management, strengthening financial resource management, and improving material resource management to ensure the continued success of future projects. Suggestions for further research include expanding the scope to other infrastructure projects, investigating additional factors influencing project success, and conducting cross-regional comparisons to understand contextual influences on resource management practices.

Strategic leadership and management within non-profit organizations: An in-depth review of practices contributing to sustainable impact

This study provides an in-depth review of strategic leadership and management practices within non-profit organizations (NPOs) and their contribution to sustainable impact. Employing a systematic literature review and content analysis, the research aims to explore the evolving landscape of strategic leadership, define the scope of leadership and management in achieving sustainable impact, and identify innovative management practices that enhance organizational sustainability. The methodology involved a comprehensive search across peer-reviewed journals, conference proceedings, and grey literature from 2013 to 2023, focusing on empirical evidence, theoretical frameworks, and case studies relevant to NPOs' strategic leadership and management. Key findings reveal that adaptive leadership, innovative management practices, stakeholder engagement, and technology integration are crucial for NPOs to navigate operational complexities, engage stakeholders effectively, and achieve mission-driven objectives. The study proposes strategic recommendations for NPOs to enhance their sustainable impact, including adopting adaptive leadership styles, fostering innovation, integrating technology, and building resilient organizational frameworks. The study underscores the importance of policy development to guide non-profit leaders towards best practices in strategic leadership and management. It also highlights future research directions, emphasizing the need to explore the impact of emerging technologies, globalization, and cross-cultural dynamics on NPOs. Conclusively, the research affirms that effective strategic leadership and management are indispensable for enhancing the sustainable impact of NPOs, advocating for continuous innovation and adaptability in the non-profit sector.

Exploring the Impact of Strategic Management Practices on the Governance of Local Government Authorities: Insights from Mufindi District Council in Tanzania

Exploring the Impact of Strategic Management Practices on the Governance of Local Government Authorities: Insights from Mufindi District Council in Tanzania

Talent Management in the Era of Digital Transformation: Challenges and Prospects

This article explores the intricate landscape of talent management in the context of digital transformation, highlighting the associated challenges and prospects that organizations face. Utilizing a qualitative approach, the study employs a comprehensive literature review and library research to synthesize existing knowledge on the evolving role of talent management in a rapidly changing digital environment. The findings reveal that digital transformation significantly impacts recruitment, retention, and development strategies, necessitating a shift in traditional talent management practices. Organizations must adapt to technological advancements and changing workforce expectations, embracing new tools and methodologies to effectively engage and develop talent. Key challenges identified include the skills gap, resistance to change, and the need for continuous learning and development. Conversely, the prospects for enhancing employee engagement and fostering innovation through strategic talent management practices are promising. The study concludes that organizations must adopt a proactive and adaptive approach to talent management, ensuring alignment with digital transformation initiatives to achieve sustained competitive advantage. This research contributes to the ongoing discourse on talent management by providing valuable insights into the interplay between digital transformation and effective talent strategies, offering practical recommendations for practitioners and scholars alike.

Strategic Management Practices and Teaching Performance in Business Administration Institutions, Tanzania

Strategic management practices (SMPs) are very indispensable in a vastly competitive environment of the organizations. Such importance involves several studies on the influence of SMPs on organizational performance and not on individual employee performance. Furthermore, the given studies are done in purely business sector and not in education sector. The studies done in education sector was on research performance and not teaching performance. Therefore, this study assessed an influence of SMPs on teaching performance among academic staff in Business Administration Institutions (BAIs). It specifically determined the influence of innovation strategy, organizational structure, innovation culture and technological capability on teaching performance in BAIs. This study used quantitative approach through descriptive and explanatory survey designs. The data were collected using a questionnaire from 500 academic staff sampled using a multi-stage sampling technique. The data were analyzed using Descriptive Statistics and Multiple Linear Regressions. The findings reveal that, the SIM practices (innovation strategy, organizational structure, innovation culture) positively and significantly influence teaching performance of academic staff. On the other hand, the SIM practice (technological capability) did not statistically influence teaching performance. The management and other stakeholders should continue to advocate innovation strategy, organizational structure and innovation culture management while improving technological capability in BAIs.

Implementation of Strategic Human Resource Management Practices: A Review of the Organisational Performance and New Research Paths

This study aims to discover new avenues for research in the field of Strategic Human Resource Management (SHRM) by investigating the effects of SHRM practices on organizational performance. This study investigates how well HR policies and procedures mesh with overarching company objectives by means of a quantitative methodology and an exhaustive literature analysis. Quantitative data will be gathered through structured surveys aimed at 500 HR managers and executives from different industries. The purpose of these surveys is to measure the implementation and outcomes of SHRM practices. A systematic review of the existing literature will also be conducted to synthesize current knowledge and identify research gaps. In addition to discussing new trends like technology, globalization, sustainability, employee happiness, and agile work methods, important results show that SHRM improves financial performance, employee engagement, and competitive advantage. This study seeks to contribute to the understanding of SHRM and its crucial role in improving organizational resilience and performance by pointing out major research gaps and offering future approaches.

The Role of Trade Officers in Enhancing Local Revenue Collection in Mpanda Municipal Council

The persistent under-collection of local revenues in Mpanda Municipal Council undermines the council's financial autonomy and leads to continued reliance on central government funding. This study aimed to evaluate the role of Local Government Authority (LGA) trade officers in revenue collection as a strategic initiative to diminish this dependency. To address this issue, the study employed a convergent mixed-method design rooted in pragmatism, allowing for the integration of qualitative and quantitative data to provide a comprehensive understanding of the factors influencing revenue collection. The research involved a population of 75 individuals, including personnel from the trade and industry unit, collectors, revenue officials, and business owners within the district council. A sample of 63 respondents participated in the study, with 46 responding to questionnaires and 17 business owners interviewed. Data were gathered through a combination of these methods, analyzed to capture both numerical trends and in-depth perspectives. The findings underscore the critical importance of strategic revenue management practices, well-informed trade officers, and effective revenue supervision in reducing reliance on central government funding. These insights bear significant implications for policymakers and local government officials aspiring to bolster financial self-sufficiency and ensure sustainable fiscal governance in Mpanda Municipal Council. To address these challenges, the study recommends a focus on comprehensive training and capacity-building programs for trade officers to enable them to autonomously manage revenue collection processes.

Operationalization of ESG-Integrated Strategy Through the Balanced Scorecard in FMCG Companies

The increasing focus on sustainability and climate change mitigation necessitates that corporate strategies not only build competitive advantage but also contribute to the creation of sustainable operations. The purpose of the article is to present, based on the analyses of the development of the strategic targets of leading Fast-Moving Consumer Goods (FMCG) companies, a method for operationalizing an ESG-adapted corporate strategy within FMCG companies using the Balanced Scorecard (BSC). ESG, encompassing environmental, social, and governance factors, requires a shift in both strategic management theory and practice. The author explores how ESG metrics can be integrated into the traditional BSC framework alongside financial, customer, and business processes and learning and growth perspectives to align with the growing importance of sustainability. The study identifies specific measures that contribute to a successful transition toward sustainable business practices. The findings demonstrate that the BSC, when adapted to incorporate ESG considerations, is an effective tool for strategy implementation and operational management in FMCG companies. While the proposed framework focuses on the FMCG sector, it has potential applications across other industries. The article makes important theoretical contributions, though it would benefit from further empirical research, sector-specific comparisons, and a more detailed examination of external ESG factors that impact corporate strategy.

Strategic Management and Governance Practices in Local Government Authorities of Tanzania: A Review of Resource-Based – Theory

Strategic Management and Governance Practices in Local Government Authorities of Tanzania: A Review of Resource-Based – Theory

Strategic Management Practices and Accessibility of Non-Governmental Organizations to Donor Funding in Turkana County, Kenya

Non-governmental organizations exist in international development to offer services to vulnerable persons and communities, and as policy advocate’s campaigners. The contemporary environment in which non-governmental organizations operate is increasingly becoming uncertain and unpredictable, with an increased inability to meet budget allocation due to inadequate funds. This study examined strategic management practices and accessibility of non-governmental organizations’ to donor funding in Turkana County, Kenya. The study specifically examined the influence of strategy implementation and strategy evaluation and accessibility of non-governmental organizations’ donor funding in Turkana County, Kenya. The study was grounded on theories that included: Strategic fit theory and Resource dependency theory. The study adopted a descriptive research design. Respondents were selected using stratified random sampling. The study targeted the low-level, middle-level and senior managers of the 30 non-governmental organizations operating in Turkana County. The research relied on structured questionnaires in the data collection process. Inferential statistics and descriptive statistics were utilized in data analysis. The study also relied on frequencies, mean and standard deviation in presenting descriptive results. The inferential statistics used were correlation analysis, regression analysis and analysis of variances. The findings of the study revealed a statistically significant regression effect and indicative of accomplished prediction of accessibility of Non-governmental organizations to donor funding through the F-calculated value which showed that the model was significant. Strategy implementation explained 49.1%, and strategy evaluation 44.3% the variations in accessibility of Non-governmental organizations to donor funding in Turkana County, Kenya. The study recommended for further research work to be conducted to review the influence of other variables on accessibility of non-governmental organizations to donor funding in Turkana county and other counties in Kenya. Keywords: Strategy implementation, Strategy Evaluation, Accessibility of NGO’s to Donor Funding

Strategic Management for Sustainable Growth of Nahdlatul Ulama among Nahdliyin

This research explores the strategic management practices of Nahdlatul Ulama (NU) to ensure sustainable growth while maintaining its traditional religious values. Using a qualitative ethnographic approach, data were collected through in-depth interviews with key organizational leaders and members involved in strategic roles. The findings highlight that NU employs collaborative leadership, decentralization, and adaptability to integrate traditional values with modern governance, ensuring relevance in a globalized society. However, challenges arise in balancing innovation with the preservation of religious identity, particularly within the pesantren system. Internal resistance to change and navigating global complexities are key obstacles. Overall, NU’s inclusive management and adaptability support its sustained growth, though maintaining this balance remains a central challenge.

Strategic management practices, operational efficiency and organizational agility among Shenyang Hospitals: Basis for innovative organizational framework for hospitals

Strategic management practices, operational efficiency and organizational agility among Shenyang Hospitals: Basis for innovative organizational framework for hospitals

Behavioral strategy in evolution: A review and conceptual framework

Behavioral strategy integrates psychology with strategic management theory and practice, offering realistic insights into human cognition, emotions, and social behavior in strategic management. Yet behavioral strategy's antecedents, mechanisms, consequences, and moderators and their interconnectedness and future directions remain unclear. We explore this field's development and current state based on a systematic literature review of 241 articles. We develop a conceptual framework using a coevolutionary perspective and a socially situated cognition approach, which captures essential behavioral strategy elements and dynamics. We advance the field by emphasizing multilevel coevolving dynamics and the interplay of cognition and emotions in shaping strategic behavior. Furthermore, our framework situates cognition within social contexts. We propose an expanded research agenda for the field that highlights artificial intelligence's potential role in enhancing behavioral strategy and the connection between heuristics and nudge frameworks.

Strategic Management Practices in Multinational Corporations: A Comparative Study

This paper explores strategic management practices within multinational corporations (MNCs) through a comparative study of different regional and industrial contexts. The research aims to identify key strategies that drive success and sustainability in a globalized business environment. Utilizing a mixed-method approach, the study combines quantitative analysis of financial performance metrics with qualitative insights from interviews with senior executives. The findings highlight the significance of adaptive strategies, cultural intelligence, and robust risk management frameworks. Additionally, the study uncovers regional variations in strategic priorities, emphasizing the need for MNCs to tailor their approaches to local market conditions. The paper concludes with recommendations for practitioners to enhance strategic alignment and operational effectiveness across diverse geographical landscapes.

Sector and employee withdrawal behavior: evidence from licensed public and private sector commercial bank staff of Sri Lanka

Employee well-being and organizational effectiveness are seriously threatened by withdrawal behavior in the ever-changing business environment. This study explores the complex link between the banking sector (public and private) and employees' withdrawal behavior. Further, which sector of banking staff has more withdrawal behavior is investigated in this study. Regression modeling and quantitative analysis are used in this study to provide persuasive insights into how the sector affects physical and psychological withdrawal behavior (WBP and WBS). Primary data is used in this study, collected through a Likert scale questionnaire from 131 banking staff. The results show a significant and positive relationship between sector and withdrawal behavior. Moreover, the results confirm that private-sector banking staff show higher levels of WBP and WBS than the public sector. Results of the study suggest that both sectors' top management ought to consider some strategic human resource management practices to retain their employees, especially private licensed banks must consider more impressive supervision and motivation strategies to reduce employee turnover because private sector banking staff have a higher level of withdrawal behavior than public sector banking staff.

Strategic Management Practices and Performance of Small and Medium-Sized Enterprises in Nairobi County, Kenya

This study aimed to assess the relationship of strategic management practices and the performance of Small and Medium Enterprises (SMEs) in Nairobi County, Kenya. The research was motivated by the significant role that SMEs play in economic development, particularly in reducing unemployment and contributing to the GDP. However, SMEs often face challenges such as limited resources, inadequate technology adoption, and poor strategic planning, which hinder their competitiveness. The study adopted a quantitative approach, targeting 250 top-ranked SMEs in Nairobi. Data collection was conducted using structured questionnaires, focusing on the four strategic management practices: strategy formulation, strategy implementation, strategy evaluation, and strategic control. The results of the study revealed that all the strategic management practices examined had a positive and significant effect on the performance of SMEs. Specifically, strategy formulation had the highest impact, followed by strategic control, strategy implementation, and strategy evaluation. The findings indicated that SMEs in Nairobi County that adopted comprehensive strategic management practices were more likely to experience improved business performance. The study also confirmed the importance of involving all levels of staff in the strategic management process, as it fosters a sense of ownership and facilitates successful implementation. Furthermore, the research demonstrated that superior strategies positively contribute to organizational performance. Based on these findings, the study concluded that strategic management practices are crucial for the growth and competitiveness of SMEs. It recommended that SME managers focus on developing and implementing superior strategies through detailed situational analysis and participatory mechanisms. Additionally, continuous evaluation of strategies was advised to ensure sustained performance improvements. This research contributes to the existing literature by highlighting the specific role of strategic management in enhancing SME performance, particularly in the context of developing economies like Kenya

Generative-based community sustainable tourism development: From conceptualization to practical framework

This study explores the impact of generativity on supporting sustainable tourism development (SSTD) in Jecheon City, South Korea, a destination renowned for its captivating natural landscapes, including a national park and a lake. Faced with the environmental challenges posed by increasing tourist numbers, this research employs a mixed-method approach to investigate the causal relationships between place attachment and SSTD, informed by generativity concepts. It develops a comprehensive framework for generative community-based management. Survey data from local residents, coupled with insights from national experts, confirm a significant correlation between residents' place-based identity and their generativity. Based on these findings, the study proposes a novel six-step plan aimed at enhancing SSTD through strategic community management practices. Although the study focuses on a specific region, its findings have broader implications, suggesting the need for further research across diverse cultural and geographic contexts to validate and refine the proposed model.

The Relationship between Financial Inclusion and Women’s Financial Worries: Evidence from Saudi Arabia

Financial inclusion is essential in achieving sustainable development goals in emerging countries. Goal number five of the sustainable development agenda, “Gender equality”, depends on women’s financial empowerment. It enhances women’s ability to make decisions, access resources and income, and control benefits from economic gains and power. The paper investigates the relationship between financial inclusion and women’s financial worries, using the 2021 Global Financial Inclusion Survey recently published by the World Bank for the Kingdom of Saudi Arabia. This paper examines the effects of several aspects of inclusive finance, access, usage, and quality on women’s financial worries. The research implements an ordered probit analysis and contributes to the literature on women’s financial empowerment and inclusion by demonstrating that having access to financial services empowers women to make decisions about their lives, which greatly improves their welfare and sense of security. These findings provide policymakers with different targeted policies and strategic management practices to substantially improve financial inclusion and alleviate financial concerns within the population, especially among women.