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THE EFFECT OF APPLYING STRATEGIC MANAGEMENT PRACTICES ON SUSTAINABLE ORGANIZATIONAL PERFORMANCE - THE CASE STUDY FOR FAMILY-OWNED BUSINESS ORGANIZATION IN TRADE SECTOR OF EGYPT

Article

Last updated: 26 Dec 2024

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Tags

مقالات تجارية

Abstract

The research general purpose is to evaluate the effect of applying Strategic Management Practices (SMP) on Sustainable Organizational Performance (SOP). Specifically, the study investigates the effect of applying SMP on SOP for a Family-Owned Business Organization (FOBO) of Trade Sector in Egypt.

The study is an empirical case limited to a chosen FOBO “KANDEEL Industry and Trade" (KIT) as one of the leading companies operating in the trade sector of the Egyptian market. The article presents a conceptual framework which could be used to assist business, firms and corporates to evaluate sustainable performance through the Sustainability Balanced Scorecard (SBSC) as Strategic Management tool. The SBSC as a concept is used to assess the perceived importance of relationships between SMP and SOP additionally to support the goals of the selected organization. SBSC breaks the business down into six dimensions namely Financial Performance, Internal Processes, Customer Satisfaction, Learning & Growth and Corporate Social Responsibility & Environmental Sustainability.

Theoretical and empirical evidence supports the argument that adoption of Strategic Management Practices improves organization performance. A relevant literature review was performed to provide a clear understanding of the problem area's existing knowledge base. The review of literature is based on authoritative, recent, and different sources such as journals, books, thesis, and dissertations. The existing literature was used to develop two variables: Strategic Management Practices (Formulation, Implementation, Evaluation and Control) and Sustainable Organizational Performance, as well as Sustainability Balanced Scorecard as sustainable performance measurement tool.

DOI

10.21608/sjsc.2023.202771.1266

Keywords

Strategic Management Practices, sustainable organizational performance, Sustainable Balanced Scorecard

Authors

First Name

محمد كامل

Last Name

قنديل

MiddleName

-

Affiliation

الأكاديمية العربية للعلوم والتكنولوجيا والنقل البحري

Email

m.k.kandeel@gmail.com

City

-

Orcid

-

First Name

محمد

Last Name

سعد

MiddleName

-

Affiliation

الجامعة البريطانية في مصر

Email

mohamed.saad@bue.edu.eg

City

-

Orcid

-

Volume

53

Article Issue

2

Related Issue

46621

Issue Date

2024-04-01

Receive Date

2023-04-02

Publish Date

2024-04-01

Page Start

293

Page End

359

Print ISSN

2682-387X

Online ISSN

2735-4156

Link

https://sjsc.journals.ekb.eg/article_297006.html

Detail API

https://sjsc.journals.ekb.eg/service?article_code=297006

Order

27

Type

المقالة الأصلية

Type Code

1,473

Publication Type

Journal

Publication Title

المجلة العلمية للبحوث التجارية (جامعة المنوفية)

Publication Link

https://sjsc.journals.ekb.eg/

MainTitle

THE EFFECT OF APPLYING STRATEGIC MANAGEMENT PRACTICES ON SUSTAINABLE ORGANIZATIONAL PERFORMANCE - THE CASE STUDY FOR FAMILY-OWNED BUSINESS ORGANIZATION IN TRADE SECTOR OF EGYPT

Details

Type

Article

Created At

26 Dec 2024