3 research outputs found

    Top Management Team Diversity and Organizational Performance: An Empirical Investigation of Strategic Leadership Influence

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    Competition has pushed contemporary organizations to diversify their workforce, with significant attention being paid to exploring how the diversity of leaders influence organizational outcomes. Despite growth in TMT (Top Management Team) diversity research in the last four decades, results have been inconsistent and unclear. An emerging field of research hints of a link between strategic leadership and TMT diversity and how this association influences performance. The study explored the moderating effect of strategic leadership on the relationship between TMT diversity and organization performance on Public Benefit Organizations (PBOs) in Kenya. A sample of 138 PBOs was developed and data collected and analyzed on various aspects of TMT diversity, strategic leadership and organizational performance. The study found that both transformational and transactional leadership behaviors moderates the relationship between TMT diversity and PBO performance. The research has theoretical implications on upper echelons and strategic leadership theories as well as policy inferences in assisting policy makers leverage on the diversity of TMTs in enhancing performance. The study recommends adoption of the strategic leadership practices in PBOs so as to enhance the outcomes of TMT diversity. Relatedly, further studies should be undertaken in other regions and sectors while at the same time testing the research model in varying environmental settings. Key Words: Strategic leadership, TMT Diversity, Performance, Moderating effect, Public Benefit Organizations

    Organizational Resources, External Environment, Innovation and Firm Performance: A Critical Review of Literature

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    Explaining why organizations in the same industry and markets differ in their performance remains a fundamental question within strategic management circles.Researchers have partly attributed the variation to a number of factors among them industry structure, resources of a firm, and continuous innovation that keep a firm a head of competition. On a global scale, there is continued search for the sources of variation in firm performance. As part of this effort, this paper reviews literature on factors that have partial explanation to variation in organization performance namely: organizational resources, external environment and innovation. It is apparent from literature that organization resources have a direct impact on performance. However, this influence is subject to other factors key among them the external environment and innovation. In an attempt to bring out extant gaps on how the resource - performance relationship is influenced by the external environment and innovation, this paper observes that these factors have been found to have independent effect on performance. However, their role in his respect remain scanty, both conceptually and empirically. To contribute to the current state of knowledge in this front, the paper proposes a conceptual model that can guide an empirical investigation on the influence of external environment and innovation on the relationship between organizational resources and performance. The empirical research, it is hoped will address the identified gaps. Key Words: Resources, External Environment, Innovation, expected firm Performance

    Ambiente Externo y Desempeño Financiero en el Sector Privado de la Salud

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    El propósito de este estudio es analizar la relación entre el ambiente externo y el desempeño financiero, en el contexto del sector privado de la salud en la ciudad de Barinas (Venezuela). Mediante la revisión de la literatura y un focus group se identificaron 15 factores ambientales que influyen sobre este sector empresarial. Posteriormente, se encuestó a los presidentes de las 25 empresas existentes en Barinas, para medir sus percepciones sobre estos factores ambientales, en cuanto a sus dimensiones de Dinamismo y Munificencia. Los resultados obtenidos en la encuesta y la rentabilidad de cada empresa en su último ejercicio económico, se analizaron con procedimientos de Escalamiento Óptimo. Los hallazgos demostraron la existencia de una fuerte relación entre 12 factores ambientales y la rentabilidad, en el cual el ambiente externo se caracteriza por tener bajo dinamismo (baja variabilidad / alta predictibilidad), en un Entorno de Trabajo munificente y un Entorno General desfavorable
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