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Simon, Alan; Kumar, Vanya; Schoeman, Peter; Moffat, Pirrie; Power, Damien

Strategic capabilities and their relationship to organisational success and its measures : Some pointers from five Australian studies

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  • Medientyp: E-Artikel
  • Titel: Strategic capabilities and their relationship to organisational success and its measures : Some pointers from five Australian studies : Some pointers from five Australian studies
  • Beteiligte: Simon, Alan; Kumar, Vanya; Schoeman, Peter; Moffat, Pirrie; Power, Damien
  • Erschienen: Emerald, 2011
  • Erschienen in: Management Decision
  • Sprache: Englisch
  • DOI: 10.1108/00251741111163133
  • ISSN: 0025-1747
  • Schlagwörter: Management Science and Operations Research ; General Business, Management and Accounting
  • Entstehung:
  • Anmerkungen:
  • Beschreibung: <jats:sec><jats:title content-type="abstract-heading">Purpose</jats:title><jats:p>The purpose of this paper is to determine the strategic capabilities that are related to success in five disparate Australian industries.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-heading">Design/methodology/approach</jats:title><jats:p>Five studies were conducted using a generative multi‐stage research approach in order to determine the capabilities that are related to success in the management consulting, advertising and IT industries, legal profession and top 500 listed companies.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-heading">Findings</jats:title><jats:p>There is a clear commonality of capabilities across all studies. These are quality of service, particularly customer service; good leadership and vision, which encourages innovation and creativity; selection and retention of excellent staff with good technical skills; credibility, integrity and honesty; excellent differentiated product(s) or service(s); and adaptability and flexibility. In general the capabilities were significantly related to the organisational success measures.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-heading">Research limitations/implications</jats:title><jats:p>The study could be extended to other Australian and international industries.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-heading">Originality/value</jats:title><jats:p>Organisations that develop and implement resources to be proficient in <jats:bold>all</jats:bold> these capabilities should achieve increased success measured by a mix of hard and soft performance indicators. Our study is differentiated because the drivers and, indeed the indicators, of success have been proffered by executives themselves (not just the literature), who were located in disparate industries. Their views are deemed important because Australia's economy emerged relatively unscathed from the global financial economy and avoided a recession.</jats:p></jats:sec>