Journal Articles - Business and Management - 2019
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Browsing Journal Articles - Business and Management - 2019 by Subject ""telecommunication firms"
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PublicationStrategy Evaluation Process and Strategic Performance Nexus( 2019)
;Vũ Minh HiếuChijioke NWACHUKWUStrategy evaluation process enables firms to continuously assess current practices and their contribution to strategy implementation. This study has examined strategy evaluation process and strategic performance of mobile telecommunication firms operating in Nigeria. The study provides new insights into the effect of strategy evaluation process on strategic performance of large firms in an emerging market such as Nigeria. The authors used theoretical insights from strategic management literature to better understand how a firm process of strategy evaluation affects strategic performance. The research has been done in a single industry, using quantitative methods and survey to obtain information from employees of four mobile telecommunication MNCs operating in Nigeria. The findings suggest that a mobile telecommunication firm adopts a systematic approach to strategy evaluation which has a significant and positive impact on their strategic performance. This study contributes to the existing literature by providing experience on the strategy evaluation process of MNCs operating in the mobile telecommunication sector in an emerging market (Nigeria). The study recommends that firms should adopt a robust strategy evaluation process that will enable them to identify and take corrective action when strategic initiatives are failing or could be improved. -
PublicationStrategy implementation drives in correlation with strategic performance( 2019)
;Chijioke Nwachukwu ;Vũ Minh Hiếu ;Helena ChladkovaOlatunji FadeyiThe saturation of the telecommunications market has led to intense competition among firms in Nigeria. In light of Resource-Based Theory, mobile telecommunications firms can use their human resources, financial resources, flexible organizational structure, strong organisational policies and employee commitment to execute effective strategies and enhance strategic performance. This study used correlation analysis technique to examine the relationship between strategy implementation drivers and strategic performance. The authors used a census survey method to collect data from managers who are responsible for executing strategy and strategic decision making in four mobile telecommunication firms in Nigeria. All the five hypotheses were found to be statistically significant. Strategy implementation drivers of human resources, financial resources, organizational structure, organisational policy and employee commitment to strategy implementation were positively and significantly correlated with strategic performance. The authors concluded that mobile telecommunication firms must pay close attention to strategy implementation drivers to improve strategic performance.