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Strategic agility and the effects of firm age and environmental turbulence
Journal of Strategy and Management ( IF 3.8 ) Pub Date : 2020-10-26 , DOI: 10.1108/jsma-07-2020-0178
Jonathan H. Reed

Purpose

The purpose of this empirical paper is to operationalize the Doz and Kosonen (2010) model of strategic agility, consisting of three dimensions and 15 subfactors and to test its relationship with firm performance under multiple contingencies.

Design/methodology/approach

A CEO-level survey is conducted to collect a sample of 73 firms from three industries in the US state of Florida. Factor analysis and convergence with similar criterion are used to validate the strategic agility construct. Multiple regression is used to test hypothesized relationships.

Findings

The findings support construct validity of Doz and Kosonen's model. Moreover, firm age and environmental turbulence are found to be important contingency factors. Environmental turbulence is found to moderate the relationship between firm age and strategic agility. Firm age and environmental turbulence are found to jointly moderate the relationship between strategic agility and firm performance.

Research limitations/implications

It is evident that firms may benefit from strategic agility depending on their age and environment. The results encourage future longitudinal research addressing causality.

Originality/value

The paper contributes to research by validating a more comprehensive model of strategic agility and identifying contingency factors that help to explain prior mixed results on the relationship between strategic agility and performance.



中文翻译:

战略敏捷性以及企业年龄和环境动荡的影响

目的

本研究论文的目的是实施Doz和Kosonen(2010)的战略敏捷性模型,该模型由三个维度和15个子因素组成,并测试其在多种情况下与企业绩效的关系。

设计/方法/方法

进行了CEO级调查,收集了美国佛罗里达州三个行业的73家公司的样本。使用因子分析和相似准则的收敛性来验证战略敏捷性构建。多元回归用于检验假设的关系。

发现

这些发现支持了Doz和Kosonen模型的构造效度。此外,公司年龄和环境动荡是重要的偶然性因素。发现环境动荡可以缓和公司年龄与战略敏捷性之间的关系。企业年龄和环境动荡共同减轻了战略敏捷性与企业绩效之间的关系。

研究局限/意义

显然,公司可能会因其年龄和环境而从战略敏捷性中受益。结果鼓励了未来针对因果关系的纵向研究。

创意/价值

本文通过验证更全面的战略敏捷性模型并确定意外因素来为研究做出贡献,这些因素有助于解释先前关于战略敏捷性与绩效之间关系的混合结果。

更新日期:2020-10-26
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