THE EFFECT OF APPLYING STRATEGIC MANAGEMENT PRACTICES ON SUSTAINABLE ORGANIZATIONAL PERFORMANCE - THE CASE STUDY FOR FAMILY-OWNED BUSINESS ORGANIZATION IN TRADE SECTOR OF EGYPT | ||
| المجلة العلمية للبحوث التجارية (جامعة المنوفية) | ||
| Article 27, Volume 53, Issue 2, April 2024, Pages 293-359 PDF (1.86 M) | ||
| Document Type: المقالة الأصلية | ||
| DOI: 10.21608/sjsc.2023.202771.1266 | ||
| Authors | ||
| محمد كامل قنديل* 1; محمد سعد2 | ||
| 1الأكاديمية العربية للعلوم والتكنولوجيا والنقل البحري | ||
| 2الجامعة البريطانية في مصر | ||
| 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. | ||
| Keywords | ||
| Strategic Management Practices; Sustainable Organizational Performance; Sustainable Balanced Scorecard | ||
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