The Role of Strategic Thinking in Achieving Organization's Core Competencies: A Field Study on the Banking Sector in Jordan
Journal Title: International Journal of Management Sciences - Year 2014, Vol 3, Issue 12
Abstract
The purpose of this study was to examine the relationship between strategic thinking and the level of achieving core competencies in one hand, and the influence of strategic thinking in achieving core competencies in other hand. The target population for this study comprised all Jordanian’s banks listed in Amman Stock Exchange (16 Banks). Data were collected from 13 Jordanian banks. It hypothesized that strategic thinking is significantly associated with core competence achievement, also strategic thinking is significantly influence core competence achievement. The results supported that strategic thinking dimensions (System Perspective, Intelligent Opportunism, and Intent Focus, Thinking in Time, Hypothesis Driven, and Thinking Skills) have significant influence in core competence achievement. These influences, however, were not all at the same level. Based on the findings of this study, there are several recommendations for top and line managers at the Jordanian banks, and limitations and directions were suggested for future research are also presented.
Authors and Affiliations
Jehad S. Bani Hani
Keywords
Related Articles
- EP ID EP26907
- DOI -
- Views 297
- Downloads 4
A Test of the Impact of Leadership Styles on Employee Performance: A Study of Department of Petroleum Resources
Managing an organization for effectiveness requires effective leadership. There abound different styles of leadership with attendant different effects. This paper studied the effect of transformational, transactional an...
An Evaluation on Musharakah Mutanaqisah Based House Financing By Islamic Banks in Malaysia
Musharakah Mutanaqisah has been suggested as a better Alternative of Islamic Financing contract to Replace the Controversial Bay Bithaman Ajil contract in the house financing. However, To Date, Only a Few Islamic Finan...
Challenges and Prospects Confronting Commercial Water Production and Distribution Industry: A Case Study of the Cape Coast Metropolis
This research was conducted to uncover the motivational factors that cause individuals to invest in SMEs in the commercial water production and distribution sector in Ghana, as well as identify the challenges and prosp...
Driving Forces of the Mobile Phone Industry Growth in India: Based on the PESTLE Framework
This paper explores the significant trends in the mobile phone industry in India, and gives a detailed explanation of the driving forces of the trends from the perspectives of politics, economics, society, technology,...
Factors Affecting Implementation of New Public Management in Bangladesh
New Public Management (NPM) is a management philosophy used by the government since 1980s to modernize the public sectors. Although NPM based reforms originated in developed nations namely UK, New Zealand, Australia an...