IDEAS home Printed from https://ideas.repec.org/a/ibn/ijbmjn/v12y2017i2p220.html
   My bibliography  Save this article

Strategic Agility and Its Impact on the Competitive Capabilities in Iranian Private Banks

Author

Listed:
  • Nikoo Tabe Khoshnood
  • Sina Nematizadeh

Abstract

Developing capabilities of agility, rapid responsiveness and adaptation to environmental changes are known as tools to gain competitive advantage. Strategic agility is a developed type of agility that in addition to rapid response pays specific attention to strategic aspects and predicting changes in the environment before they occur. Most of the studies in the field of agility and competitive advantage have focused on productivity and agility of supply chain. And a small number of studies have assessed the determinants of strategic agility and its impact on financial, competitive and operative factors organizations; therefore, having the awareness of both this issue and also the importance of competitiveness in the current banking system, in this research we have tried to explain the concept of strategic agility and its determinants, and to reveal its importance in the banking sector and to investigate its impact on the competitive capabilities of the private banks in Iran. In terms of its aim, this study is an applied one, and regarding the data collection, it is descriptive- correlational. The statistical population of this research consists of managers and experts working in the Iranian private banks. A total of 150 managers and experts from the banks have formed the study sample. In this study, first based on conducted studies, a model was developed to study the effect of strategic agility on competitive capabilities, and then, by using the tests of confirmatory factor analysis, Pearson structural equation modeling and correlation, this model was reviewed and approved. The results indicate that strategic agility has had significant impact on the competitive capabilities of the private banks in Iran. Furthermore, among the dimensions of strategic agility, clarity of vision is the most influential factor in the competitive capabilities.

Suggested Citation

  • Nikoo Tabe Khoshnood & Sina Nematizadeh, 2017. "Strategic Agility and Its Impact on the Competitive Capabilities in Iranian Private Banks," International Journal of Business and Management, Canadian Center of Science and Education, vol. 12(2), pages 220-220, January.
  • Handle: RePEc:ibn:ijbmjn:v:12:y:2017:i:2:p:220
    as

    Download full text from publisher

    File URL: http://www.ccsenet.org/journal/index.php/ijbm/article/download/65994/35729
    Download Restriction: no

    File URL: http://www.ccsenet.org/journal/index.php/ijbm/article/view/65994
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ganguly, Anirban & Nilchiani, Roshanak & Farr, John V., 2009. "Evaluating agility in corporate enterprises," International Journal of Production Economics, Elsevier, vol. 118(2), pages 410-423, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Arokodare M. A. & Asikhia O. U. & Makinde G. O., 2021. "Information Technology Capability and Performance of Selected Oil and Gas Marketing Companies in Lagos State, Nigeria: The Moderating Role of Organizational Culture," International Journal of Business and Management, Canadian Center of Science and Education, vol. 15(3), pages 1-37, July.
    2. Maja Rožman & Polona Tominc & Tjaša Štrukelj, 2023. "Competitiveness Through Development of Strategic Talent Management and Agile Management Ecosystems," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 24(3), pages 373-393, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bora Ly, 2024. "The Interplay of Digital Transformational Leadership, Organizational Agility, and Digital Transformation," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 4408-4427, March.
    2. Anna-Theresa Walter, 2021. "Organizational agility: ill-defined and somewhat confusing? A systematic literature review and conceptualization," Management Review Quarterly, Springer, vol. 71(2), pages 343-391, April.
    3. Muhammad Sadiq & Amna Alamgir & Syed Wajahat Ali, 2020. "The Impacts of Total Quality Management, Human Resource Management, and Agility in Business on Firms Financial Performance: Moderating Role of Emerging Business Competition," iRASD Journal of Management, International Research Alliance for Sustainable Development (iRASD), vol. 2(1), pages 09-21, June.
    4. Ashrafi, Amir & Zare Ravasan, Ahad & Trkman, Peter & Afshari, Samira, 2019. "The role of business analytics capabilities in bolstering firms’ agility and performance," International Journal of Information Management, Elsevier, vol. 47(C), pages 1-15.
    5. Ying Guo, 2023. "External Knowledge Acquisition and Green Innovation in Chinese Firms: Unveiling the Impact of Green Dynamic Capabilities," SAGE Open, , vol. 13(3), pages 21582440231, July.
    6. V. Vaishnavi & M. Suresh, 2020. "Assessing the Readiness Level of Healthcare for Implementing Agility Using Fuzzy Logic Approach," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 21(2), pages 163-189, June.
    7. Ranjbarfard, Mina & Mirsalari, Reyhaneh, 2017. "بررسی چابکی سازمانی و شناسایی شاخص‌های ارزیابی آن در سازمان [Investigating organizational agility and identifying its evaluation indicators in the organization]," MPRA Paper 114738, University Library of Munich, Germany.
    8. Stehmann, Andreas, 2017. "Agiles Marketing digitaler Produkte - Fallstudie Mobilfunk," Marketing Review St.Gallen, Universität St.Gallen, Institut für Marketing und Customer Insight, vol. 34(3), pages 60-66.
    9. Rima Zitkiene & Mindaugas Deksnys, 2018. "Organizational Agility Conceptual Model," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 14(2), pages 115-129.
    10. AlNuaimi, Bader K. & Kumar Singh, Sanjay & Ren, Shuang & Budhwar, Pawan & Vorobyev, Dmitriy, 2022. "Mastering digital transformation: The nexus between leadership, agility, and digital strategy," Journal of Business Research, Elsevier, vol. 145(C), pages 636-648.
    11. Saeid Homayoun & Mahdi Salehi & AmirHossein ArminKia & Vesna Novakovic, 2024. "The Mediating Effect of Innovative Performance on the Relationship Between the Use of Information Technology and Organizational Agility in SMEs," Sustainability, MDPI, vol. 16(22), pages 1-23, November.
    12. Sanjai Kumar Shukla & Sushil & Manoj Kumar Sharma, 2019. "Managerial Paradox Toward Flexibility: Emergent Views Using Thematic Analysis of Literature," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 20(4), pages 349-370, December.
    13. Akkaya Bulent & Mert Gozde, 2022. "Organizational Agility, Competitive Capabilities, and the Performance of Health Care Organizations During the Covid-19 Pandemic," Journal of Management and Business Administration. Central Europe, Sciendo, vol. 30(1), pages 2-25, June.
    14. Akter, Shahriar & Hossain, Md Afnan & Sajib, Shahriar & Sultana, Saida & Rahman, Mahfuzur & Vrontis, Demetris & McCarthy, Grace, 2023. "A framework for AI-powered service innovation capability: Review and agenda for future research," Technovation, Elsevier, vol. 125(C).
    15. Battistella, Cinzia & De Toni, Alberto F. & De Zan, Giovanni & Pessot, Elena, 2017. "Cultivating business model agility through focused capabilities: A multiple case study," Journal of Business Research, Elsevier, vol. 73(C), pages 65-82.
    16. Piotr Ratajczak, 2021. "The mediating role of natural and social resources in the corporate social responsibility—corporate financial performance relationship," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(1), pages 100-119, January.
    17. Akkaya Bulent & Mert Gozde, 2022. "Organizational Agility, Competitive Capabilities, and the Performance of Health Care Organizations During the Covid-19 Pandemic," Journal of Management and Business Administration. Central Europe, Sciendo, vol. 30(2), pages 2-25, June.
    18. Ayoub Al-Zabidi & Ateekh Ur Rehman & Mohammed Alkahtani, 2021. "An Approach to Assess Sustainable Supply Chain Agility for a Manufacturing Organization," Sustainability, MDPI, vol. 13(4), pages 1-19, February.
    19. DeGroote, Sharon E. & Marx, Thomas G., 2013. "The impact of IT on supply chain agility and firm performance: An empirical investigation," International Journal of Information Management, Elsevier, vol. 33(6), pages 909-916.
    20. Jabbar Sehen Issa & Mohammad Reza Abbaszadeh, 2023. "The Effect of Corporate Governance in Islamic Banking on the Agility of Iraqi Banks," JRFM, MDPI, vol. 16(6), pages 1-22, June.

    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ibn:ijbmjn:v:12:y:2017:i:2:p:220. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Canadian Center of Science and Education (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.