Strategic Sensitivity and Operations Efficiency of Communication Companies in Nigeria
DOI:
https://doi.org/10.53819/81018102t5331Abstract
The study examined the relationship between strategic sensitivity and operations efficiency of communication companies in Nigeria, as well as the moderating role of decision support systems in this relationship. The study employed a cross-sectional survey methodology, using three major communication companies in Nigeria as the target population. Data were obtained through questionnaires and summarized in their respective groups. The study applied the inferential statistical tool of Spearman's rank order correlation to test the level of significance among variables. SPSS version 21.0 was utilized for the analysis. The study found that there is a significant relationship between strategic sensitivity and operations efficiency in communication companies in Nigeria. The analysis revealed a very strong positive correlation between these variables (rho = 0.915, P = 0.000), indicating that strategic sensitivity strongly contributes to improved levels of operational efficiency. Additionally, the research discovered that decision support systems play a positive moderating role in this relationship. The indirect relationship (R = 0.480) and direct relationship (R = 0.394) both showed positive correlations, with significant p-values (PV = 0.000 for indirect relationship, P = 0.12 for direct relationship). These findings led to the rejection of both null hypotheses, demonstrating that strategic sensitivity is crucial for operational efficiency and that decision support systems enhance this relationship. The study also noted that communication companies in Nigeria actively engage in practices reflecting strategic sensitivity (mean = 3.3343) and adequately express features of operational efficiency (mean = 3.2567), suggesting a strong emphasis on these aspects in the Nigerian communication sector. The study concludes that there is a positive relationship between strategic sensitivity and operations efficiency in communication companies in Nigeria. The study recommends that communication companies in Nigeria should prioritize and maintain their strategic sensitivity activities, given the significant relationship identified between strategic sensitivity and operations efficiency. Companies should invest in developing and refining their strategic sensitivity capabilities, including market analysis, trend forecasting, and adaptive planning. Furthermore, the study recommends that communication companies should focus on improving their managerial competence in handling strategic sensitivity over the long term. Companies should also consider implementing leadership development programs that emphasize strategic sensitivity and its practical application in operational contexts.
Keywords: Strategic sensitivity, agility, customer satisfaction, operations efficiency, Communication Companies, Nigeria
References
Abiodun, O. M., & Balogun, O. R. (2009). Sexual activity and contraceptive use among young female students of tertiary educational institutions in Ilorin, Nigeria. Contraception, 79(2), 146-149. https://doi.org/10.1016/j.contraception.2008.08.002
Agbeche, A., Lawrence, D.O., Okechukwu, P. J., & Elechi, B. C. (2021). Strategic sensitivity and innovative capabilities of software development companies in South-South, Nigeria. International Journal of Trend in Scientific Research and Development, ISSN: 2456- 6470, 5(6) pp.1852- 1858.
Ajibola, F. (2005). Liberalization and Privatization as an Engine of Economic Growth
Bakare, A.S. & Gold, K. L. (2011). Estimating the Impact of Global System of Mobile
Benner, M. J., & Tushman, M. L. (2003). Exploitation, exploration, and process management: The productivity dilemma revisited. Academy of management review, 28(2), 238-256. https://doi.org/10.2307/30040711
Doz, Y. L., & Kosonen, M. (2010). Embedding strategic agility: A leadership agenda for accelerating business model renewal. Long Range Planning, 43(2/3), 370-382. https://doi.org/10.1016/j.lrp.2009.07.006
Ganguly, A., Nilchiani, R., & Farr, J. V. (2009). Evaluating agility in corporate enterprises. International Journal of Production Economics, 118(2), 410-423. https://doi.org/10.1016/j.ijpe.2008.12.009
Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2016). Strategic management: concepts: competitiveness and globalization. Cengage Learning. http://edissertations.nottingham.ac.uk/69/1/dissertation_jibola.pdf
Jain, A. K., & Moreno, A. (2015). Organizational learning, knowledge management practices and firm’s performance: an empirical study of a heavy engineering firm in India. The Learning Organization. https://doi.org/10.1108/TLO-05-2013-0024
Kettunen, P. (2009). Adopting key lessons from agile manufacturing to agile software product development-A comparative study. Tecnovation, 29(6), 408-421. https://doi.org/10.1016/j.technovation.2008.10.003
Koufteros, X., & Marcoulides, G.A., (2006). Product development practices and performance: A structural equation modeling-based multi-group analysis. International Journal of Production Economics 103 (1), 286-307. https://doi.org/10.1016/j.ijpe.2005.08.004
Lawrence, A.W., & Lawrence, D. O. (2020). Effects of emotions, memory and thought on decision outcomes and judgments of organizational and business leaders. The International Journal of Business & Managements 13(8). Doi: https://doi.org/10.5539/ijbm.v15n4p43.
Long, C. (2000). You don't have a strategic plan: Good. Consulting to Management, 11(1), 35-42
Mavengere, N. B. (2009). Strategic agility of supply chains (Master´s thesis). International Management of Information Technology, Turan Kauppakorkeakoulu, Turku School of Economics, Tilburg University, Netherlands.
Ojha, D. (2008). Impact of strategic agility on capabilities and financial performance (unpublished doctoral Thesis). School of Clemson University, South Carolina, United States.
Ram, K. (2021). A Unified Adaptive Theory of Global Business. In: Thakkar B. S. (eds) in Global Businesses. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-60296-3_4
Yarmohammadian, M. H., Alavi, A., Ahmadi, F., Fatemi, M., & Moghadasi, M. (2016). An investigation of the status of preparedness and crisis management restrictions in hospitals of Isfahan University of Medical Sciences. International Journal of Health System and Disaster Management, 4(2), 58. https://doi.org/10.4103/2347-9019.183230