Impact of strategic agility on the financial performance of commercial banks in Jordan

Q1 Decision Sciences Uncertain Supply Chain Management Pub Date : 2023-01-01 DOI:10.5267/j.uscm.2022.12.008

Naim S. Al-Qadi

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Abstract

The Jordanian banking sector has been able to achieve remarkable growth rates at various levels. This sector is based on a robust infrastructure and is subject to the supervision of the Central Bank, which guarantees the likes of banks operating to financial reporting standards in order to maintain good financial soundness indicators. Therefore, this study aimed to examine the impact of strategic agility on the financial performance of commercial banks in Jordan. The study population was represented by senior managers. The purposeful sampling method was used to collect primary data from (188) respondents who constituted (81.74%) of the sent questionnaires. Structural Equation Modeling (SEM) was applied to test the study's hypotheses. The results showed that strategic agility had a positive impact on financial performance, as the greatest impact was strategic sensitivity, followed by resource fluidity, and finally leadership unity. This study contributed to the development of a logical framework supported by empirical evidence about the possibility of developing financial performance in dynamic environments. Hence, senior managers recommended focusing on making rational decisions derived from studying the reality of the work environment and adjusting organizational structures to become more flexible in response to the volatile business environment.

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战略敏捷性对约旦商业银行财务绩效的影响

约旦银行部门能够在各个层面实现显著的增长率。该部门的基础设施健全，并受到中央银行的监督，中央银行保证银行按照财务报告标准运营，以保持良好的财务稳健性指标。因此，本研究旨在考察战略敏捷性对约旦商业银行财务绩效的影响。研究人群由高级管理人员代表。采用有目的抽样法，对188名被调查者(81.74%)进行初步调查。采用结构方程模型(SEM)对研究假设进行检验。结果表明，战略敏捷性对财务绩效有正向影响，其中影响最大的是战略敏感性，其次是资源流动性，最后是领导团结性。本研究有助于建立一个逻辑框架，并得到有关在动态环境中发展财务绩效可能性的经验证据的支持。因此，高级管理人员建议，通过研究工作环境的现实情况，调整组织结构，使其更加灵活，以应对多变的商业环境，从而集中精力做出理性决策。

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来源期刊

Uncertain Supply Chain Management Decision Sciences-Statistics, Probability and Uncertainty

CiteScore

5.60

自引率

0.00%

发文量

112

期刊介绍： Supply chain management (SCM) plays an essential role in managing the movement of raw materials into an organization, certain issues of the internal processing of materials into finished goods, and the movement of finished products out of the organization for end-consumer delivery. The goal of SCM is to improve trust and collaboration among supply chain partners and to improve inventory visibility. However, many SCM problems deal with uncertain events such as uncertainty in demand, supply, quality, price, etc. This forum is dedicated to all scholars who wish to share their ideas about uncertainty in SCM problems. Uncertain supply chain management is a quarterly publication dedicated to all scientists in all over the world who wish to share their experiences and knowledge in this field. Our policy is to perform a peer review on all submitted articles and publishes original and high quality articles.