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Strategic flexibility, strategic leadership and business sustainability nexus

Author

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  • Chijioke Nwachukwu
  • Hieu Minh Vu

Abstract

Strategic leadership promote organisational strategic flexibility and enhance business sustainability. Drawing on the theoretical lens of dynamic capability and contingency theory, a framework of hypotheses is established that focuses on strategic flexibility, strategic leadership and its implications on business sustainability. This research used surveys collected from microfinance banks operating in Nigeria. The results show that strategic flexibility and strategic leadership have a significant influence on business sustainability. Also, strategic flexibility and strategic leadership significantly affect business sustainability indicators of economic, social, environmental and innovation performance. Finally, we found that strategic leadership moderate the effect of strategic flexibility on business sustainability and its indicators. Our findings clarify the role that organisational capabilities (strategic flexibility and strategic leadership) play in enhancing business sustainability, particularly in the emerging market context.

Suggested Citation

  • Chijioke Nwachukwu & Hieu Minh Vu, 2020. "Strategic flexibility, strategic leadership and business sustainability nexus," International Journal of Business Environment, Inderscience Enterprises Ltd, vol. 11(2), pages 125-143.
    • Handle: RePEc:ids:ijbenv:v:11:y:2020:i:2:p:125-143
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    Citations

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    Cited by:

    1. Bablu Kumar Dhar & Alessandro Stasi & Jesper Ole Döpping & Md Abu Issa Gazi & Jakhongir Shaturaev & Sabrina Maria Sarkar, 2022. "Mediating Role of Strategic Flexibility Between Leadership Styles on Strategic Execution: A Study on Bangladeshi Private Enterprises," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 23(3), pages 409-420, September.
    2. Chih-Hung Hsu & Ru-Yue Yu & An-Yuan Chang & Wan-Ling Liu & An-Ching Sun, 2022. "Applying Integrated QFD-MCDM Approach to Strengthen Supply Chain Agility for Mitigating Sustainable Risks," Mathematics, MDPI, vol. 10(4), pages 1-41, February.
    3. Hyun-ju Choi, 2021. "Effect of Chief Executive Officer’s Sustainable Leadership Styles on Organization Members’ Psychological Well-Being and Organizational Citizenship Behavior," Sustainability, MDPI, vol. 13(24), pages 1-29, December.

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