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What drives organisational performance: strategic thinking, technological change, strategic risks? A modified total interpretive structural modelling approach and MICMAC analysis
Journal of Indian Business Research ( IF 2.1 ) Pub Date : 2021-08-20 , DOI: 10.1108/jibr-09-2020-0309
Aqueeb Sohail Shaik 1 , Sanjay Dhir 1
Affiliation  

Purpose

The purpose of this study is to explain the interrelationships between the elements of strategic thinking, technological change and strategic risks. The main objective of this research is to identify the hierarchy for the elements of thinking, technological change and strategic risk and also to identify the driving powers of these elements.

Design/methodology/approach

The methodology used in this study is modified total interpretive structural modelling and MICMAC analysis which gives the interrelationships and also the driving powers of the elements by analysing the relationships between the elements from the existing literature. This method helps us in answering/understanding the “what”, “how” and “why” of the research. Modified total Interpretive structural modeling is considered in this study, which helps in doing both the paired comparisons and transitivity checks simultaneously. A digraph is constructed at the end of the analysis, which shows the links between the elements, and a driver dependence matrix is constructed, which shows the driving powers.

Findings

This study gives an understanding of the role of the elements, the relationships between them and the hierarchy of addressing these elements, and also the driving and dependence power. Findings of this research give us an understanding of how strategic thinking/technological change/strategic drives the performance of the firm.

Research limitations/implications

This study is conducted with the help of existing literature; this can be further extended by considering the expert opinion.

Practical implications

The model explains the direct and transitive links of the elements and the strength of the relation between them, which helps the researchers and the practitioners to understand the driving power and importance of these constructs. It also helps us to understand the role of these elements and, if implemented in an organisation, which elements need to be prioritised for enhancing the performance of the firm.

Originality/value

Research done in the past has individually analysed the elements effecting strategic thinking; this study identifies the relationships between the elements of all three constructs and helps in understanding the levels of hierarchy.



中文翻译:

是什么驱动组织绩效:战略思维、技术变革、战略风险?改进的总解释结构建模方法和 MICMAC 分析

目的

本研究的目的是解释战略思维要素、技术变革和战略风险之间的相互关系。本研究的主要目的是确定思维、技术变革和战略风险要素的层次结构,并确定这些要素的驱动力。

设计/方法/方法

本研究中使用的方法是修改后的总解释结构建模和 MICMAC 分析,通过分析现有文献中元素之间的关系,给出了元素的相互关系和驱动力。这种方法有助于我们回答/理解研究的“什么”、“如何”和“为什么”。本研究考虑了修改后的总解释性结构建模,这有助于同时进行配对比较和传递性检查。分析结束时构造有向图,显示元素之间的联系,并构造驱动程序依赖矩阵,显示驱动力。

发现

本研究了解要素的作用、要素之间的关系以及处理这些要素的层次结构,以及驱动力和依赖力。这项研究的结果让我们了解战略思维/技术变革/战略如何推动公司的绩效。

研究限制/影响

这项研究是在现有文献的帮助下进行的;这可以通过考虑专家意见进一步扩展。

实际影响

该模型解释了元素之间的直接和传递联系以及它们之间关系的强度,有助于研究人员和从业人员了解这些结构的驱动力和重要性。它还有助于我们了解这些要素的作用,如果在组织中实施,哪些要素需要优先考虑以提高公司的绩效。

原创性/价值

过去所做的研究分别分析了影响战略思维的因素;这项研究确定了所有三个结构的元素之间的关系,并有助于理解层次结构的层次。

更新日期:2021-08-20
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