IDEAS home Printed from https://ideas.repec.org/a/rss/jnljms/v4i12p1.html
   My bibliography  Save this article

CEOs’ Attitudes to Change, Strategic Flexibility and Organizational Performance in Greek ICT Industry

Author

Listed:
  • Kleanthis K. Katsaros
  • Athanasios N. Tsirikas
  • Sofia-Maria N. Bani

Abstract

We examine the relationships between CEOs’ attitudes to change (cognitive, affective & behavioural attitudes; tolerance of ambiguity; individual readiness for organizational change), strategic flexibility and organizational performance. Survey data were collected from 159 Greek firms from ICT industry. The paper hypothesizes that strategic flexibility mediates the relationships between CEOs’ attitudes to change and organizational performance. The research findings note the importance of CEOs’ attitudes in fostering flexibility; they indicate how each attitude influences strategic flexibility; as well as they confirm that strategic flexibility affects positively organizational performance. Theoretical and practical implications of these findings are discussed.

Suggested Citation

  • Kleanthis K. Katsaros & Athanasios N. Tsirikas & Sofia-Maria N. Bani, 2014. "CEOs’ Attitudes to Change, Strategic Flexibility and Organizational Performance in Greek ICT Industry," International Journal of Management Sciences, Research Academy of Social Sciences, vol. 4(12), pages 567-581.
  • Handle: RePEc:rss:jnljms:v4i12p1
    as

    Download full text from publisher

    File URL: http://rassweb.org/admin/pages/ResearchPapers/Paper%201_1497375240.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Gordon E Greenley & Mehmet Oktemgil, 1998. "A Comparison of Slack Resources in High and Low Performing British Companies," Journal of Management Studies, Wiley Blackwell, vol. 35(3), pages 377-398, May.
    2. Ron Sanchez, 1995. "Strategic flexibility in product competition," Strategic Management Journal, Wiley Blackwell, vol. 16(S1), pages 135-159.
    3. Hai Yap Teoh & See Liang Foo, 1997. "Moderating effects of tolerance for ambiguity and risktaking propensity on the role conflict-perceived performance relationship: Evidence from singaporean entrepreneurs," Journal of Business Venturing, Elsevier, vol. 12(1), pages 67-81, January.
    4. Michael L. McDonald & James D. Westphal & Melissa E. Graebner, 2008. "What do they know? The effects of outside director acquisition experience on firm acquisition performance," Strategic Management Journal, Wiley Blackwell, vol. 29(11), pages 1155-1177, November.
    5. Élisabeth Lefebvre & Louis A. Lefebvre & R. Mason, 1994. "The Influence Prism in SMEs: The Power of CEOs' Perceptions on Technology Policy and Its Organizational Impacts," CIRANO Working Papers 94s-04, CIRANO.
    6. Sucheta Nadkarni & V. K. Narayanan, 2007. "Strategic schemas, strategic flexibility, and firm performance: the moderating role of industry clockspeed," Strategic Management Journal, Wiley Blackwell, vol. 28(3), pages 243-270, March.
    7. Kleanthis K. Katsaros & Athanasios N. Tsirikas & Christos S. Nicolaidis, 2014. "Managers' workplace attitudes, tolerance of ambiguity and firm performance," Management Research Review, Emerald Group Publishing Limited, vol. 37(5), pages 442-465, May.
    8. Louis A. Lefebvre & Robert Mason & Élisabeth Lefebvre, 1997. "The Influence Prism in SMEs: The Power of CEOs' Perceptions on Technology Policy and Its Organizational Impacts," Management Science, INFORMS, vol. 43(6), pages 856-878, June.
    9. Kathleen M. Eisenhardt & Jeffrey A. Martin, 2000. "Dynamic capabilities: what are they?," Strategic Management Journal, Wiley Blackwell, vol. 21(10‐11), pages 1105-1121, October.
    10. Renae A. Jones & Nerina L. Jimmieson & Andrew Griffiths, 2005. "The Impact of Organizational Culture and Reshaping Capabilities on Change Implementation Success: The Mediating Role of Readiness for Change," Journal of Management Studies, Wiley Blackwell, vol. 42(2), pages 361-386, March.
    11. David J. Wilkinson, 2006. "The Ambiguity Advantage," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-59789-1, December.
    12. Kevin Zheng Zhou & Fang Wu, 2010. "Technological capability, strategic flexibility, and product innovation," Strategic Management Journal, Wiley Blackwell, vol. 31(5), pages 547-561, May.
    13. Jaap Paauwe, 2009. "HRM and Performance: Achievements, Methodological Issues and Prospects," Journal of Management Studies, Wiley Blackwell, vol. 46(1), pages 129-142, January.
    14. Young, Greg & Sapienza, Harry & Baumer, David, 2003. "The influence of flexibility in buyer-seller relationships on the productivity of knowledge," Journal of Business Research, Elsevier, vol. 56(6), pages 443-451, June.
    Full references (including those not matched with items on IDEAS)

    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. Mengmeng Meng & Jiasu Lei & Jie Jiao & Qiuyan Tao, 2020. "How does strategic flexibility affect bricolage: The moderating role of environmental turbulence," PLOS ONE, Public Library of Science, vol. 15(8), pages 1-18, August.
    2. Jain, Naveen Kumar & Pangarkar, Nitin & Yuan, Lin & Kumar, Vikas, 2019. "Rapid internationalization of emerging market firms—The role of geographic diversity and added cultural distance," International Business Review, Elsevier, vol. 28(6), pages 1-1.
    3. Gelhard, Carsten & von Delft, Stephan, 2016. "The role of organizational capabilities in achieving superior sustainability performance," Journal of Business Research, Elsevier, vol. 69(10), pages 4632-4642.
    4. Jin Li & Lulu Zhou & Xufan Zhang & Zhihong Chen & Feng Tian, 2018. "Technological Configuration Capability, Strategic Flexibility, and Organizational Performance in Chinese High-Tech Organizations," Sustainability, MDPI, vol. 10(5), pages 1-17, May.
    5. Philipp Nitzsche & Bernd W. Wirtz & Vincent Göttel, 2016. "Innovation Success In The Context Of Inbound Open Innovation," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 20(02), pages 1-38, February.
    6. Kleanthis K. Katsaros & Athanasios N. Tsirikas & Christos S. Nicolaidis, 2015. "Firm performance: The role of CEOs' emotional and cognitive characteristics," International Journal of Business and Economic Sciences Applied Research (IJBESAR), International Hellenic University (IHU), Kavala Campus, Greece (formerly Eastern Macedonia and Thrace Institute of Technology - EMaTTech), vol. 8(1), pages 51-82, August.
    7. Haarhaus, Tim & Liening, Andreas, 2020. "Building dynamic capabilities to cope with environmental uncertainty: The role of strategic foresight," Technological Forecasting and Social Change, Elsevier, vol. 155(C).
    8. Wang, Xinchun & Lou, Tianyang, 2020. "The effect of performance feedback on firms’ unplanned marketing investments," Journal of Business Research, Elsevier, vol. 118(C), pages 441-451.
    9. Yaqun Yi & Yuan Li & Michael A. Hitt & Yi Liu & Zelong Wei, 2016. "The influence of resource bundling on the speed of strategic change: Moderating effects of relational capital," Asia Pacific Journal of Management, Springer, vol. 33(2), pages 435-467, June.
    10. Miguel Perez‐Valls & Jose Cespedes‐Lorente & Juan Moreno‐Garcia, 2016. "Green Practices and Organizational Design as Sources of Strategic Flexibility and Performance," Business Strategy and the Environment, Wiley Blackwell, vol. 25(8), pages 529-544, December.
    11. Ziyi Zhao & Yulu Yan, 2023. "The Role of Organizational Unlearning in Manufacturing Firms’ Sustainable Digital Innovation: The Mechanism of Strategic Flexibility and Organizational Slack," Sustainability, MDPI, vol. 15(13), pages 1-23, June.
    12. Meng Zhang & Yong Qi, 2023. "Vertical Network Relationships, Technological Capabilities, and Innovation Performance: The Moderating Role of Strategic Flexibility," Sustainability, MDPI, vol. 15(14), pages 1-15, July.
    13. Muhammad Awais & Amanat Ali & Muhammad Sajid Khattak & Muhammad Irfanullah Arfeen & Muhammad Azam I. Chaudhary & Aleena Syed, 2023. "Strategic Flexibility and Organizational Performance: Mediating Role of Innovation," SAGE Open, , vol. 13(2), pages 21582440231, June.
    14. Saleh Alkhodhair & Ahmed Alsanad & Khaled Alghathbar & Abdu Gumaei, 2020. "Key Quality Attributes for Computational and Sustainable Higher Education Strategy Implementation in Saudi Arabia," Sustainability, MDPI, vol. 12(5), pages 1-23, March.
    15. Miroshnychenko, Ivan & Strobl, Andreas & Matzler, Kurt & De Massis, Alfredo, 2021. "Absorptive capacity, strategic flexibility, and business model innovation: Empirical evidence from Italian SMEs," Journal of Business Research, Elsevier, vol. 130(C), pages 670-682.
    16. Hensellek, Simon & Kleine-Stegemann, Lucas & Kollmann, Tobias, 2023. "Entrepreneurial leadership, strategic flexibility, and venture performance: Does founders' span of control matter?," Journal of Business Research, Elsevier, vol. 157(C).
    17. Jörg Claussen & Christian Essling & Christian Peukert, 2018. "Demand variation, strategic flexibility and market entry: Evidence from the U.S. airline industry," Strategic Management Journal, Wiley Blackwell, vol. 39(11), pages 2877-2898, November.
    18. Hyejin Cho & Pyoungsoo Lee & Choong Ho Shin, 2019. "Becoming a Sustainable Organization: Focusing on Process, Administrative Innovation and Human Resource Practices," Sustainability, MDPI, vol. 11(13), pages 1-17, June.
    19. Feifei Jiang & Donghan Wang & Zelong Wei, 2022. "How Yin-Yang cognition affects organizational ambidexterity: the mediating role of strategic flexibility," Asia Pacific Journal of Management, Springer, vol. 39(4), pages 1187-1214, December.
    20. Lina Liu & Bo Yu & Weiwei Wu, 2019. "The Formation and Effects of Exploitative Dynamic Capabilities and Explorative Dynamic Capabilities: An Empirical Study," Sustainability, MDPI, vol. 11(9), pages 1-21, May.

    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:rss:jnljms:v4i12p1. 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: Danish Khalil (email available below). General contact details of provider: http://www.rassweb.org .

    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.