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Intrinsic alignment with strategy as a source of business sustainability in SMEs

Author

Listed:
  • Romel Ramón González-Díaz

    (Centro Internacional de investigación y Desarrollo, Colombia)

  • Santos Lucio Guanilo-Gómez

    (Jorge Basadre Grohmann National University, Peru)

  • Ángel Eduardo Acevedo-Duque

    (Autonomous University of Chile, Chile)

  • Jorge Suárez Campos

    (Universidad Mayor, Chile)

  • Elena Cachicatari Vargas

    (Jorge Basadre Grohmann National University, Peru)

Abstract

This article presents an analysis of the degree of intrinsic alignment with the strategy as a source of business sustainability in the SMEs dedicated to the manufacturing sector in the region of Tacna, Peru. It was framed in a non-experimental research design of field-transaction, a survey was applied (questionnaire with 32 items with a Likert scale validated in the opinion of 3 experts with an Alpha Cronbach coefficient of 0.95(Excellent) to a random sample of 247 directors and managers. The data were analyzed through the descriptive statistics (SPSS25) to know the behaviour of the variables under study. In order to test hypotheses, the chi-square statistic was applied (categorical variables, ordinals and unit of analysis greater than 30 subjects). The main findings show that the degree of intra-strategy alignment is 4.46 (excellent alignment of the Intrinsic with the strategy) and business sustainability resulted in 4.23 (high business sustainability). In conclusion, there is a relationship between the intrategy alignment and business sustainability in the SMEs of the manufacturing sector of the Tacna-Peru Region with a strength of 0.691 (strong relationship).

Suggested Citation

  • Romel Ramón González-Díaz & Santos Lucio Guanilo-Gómez & Ángel Eduardo Acevedo-Duque & Jorge Suárez Campos & Elena Cachicatari Vargas, 2021. "Intrinsic alignment with strategy as a source of business sustainability in SMEs," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(4), pages 377-388, June.
    • Handle: RePEc:ssi:jouesi:v:8:y:2021:i:4:p:377-388
    DOI: 10.9770/jesi.2021.8.4(22)
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    References listed on IDEAS

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    1. Romel Ramón González-Díaz & Ángel Acevedo-Duque & Guido Salazar-Sepúlveda & Dante Castillo, 2021. "Contributions of Subjective Well-Being and Good Living to the Contemporary Development of the Notion of Sustainable Human Development," Sustainability, MDPI, vol. 13(6), pages 1-17, March.
    2. Indervir Singh & Jagdeep Singh & Ashapurna Baruah, 2020. "Income and Employment Changes Under COVID-19 Lockdown: A Study of Urban Punjab," Millennial Asia, , vol. 11(3), pages 391-412, December.
    3. Romel Ramón González-Díaz & Ángel Eduardo Acevedo-Duque & Santos Lucio Guanilo-Gómez & Elena Cachicatari Vargas, 2021. "Business counterintelligence as a protection strategy for SMEs," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(3), pages 340-352, March.
    4. -, 2020. "Education in the time of COVID-19," Coediciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 45905 edited by Eclac, February.
    5. -, 2020. "Education in the time of COVID-19," Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 45905 edited by Eclac, September.
    6. K. E. K. Vimal & Jayakrishna Kandasamy & Angel Acevedo Duque, 2021. "Integrating sustainability and remanufacturing strategies by remanufacturing quality function deployment (RQFD)," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(9), pages 14090-14122, September.
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    Cited by:

    1. Ángel Acevedo-Duque & Romel Gonzalez-Diaz & Elena Cachicatari Vargas & Anherys Paz-Marcano & Sheyla Muller-Pérez & Guido Salazar-Sepúlveda & Giulia Caruso & Idiano D’Adamo, 2021. "Resilience, Leadership and Female Entrepreneurship within the Context of SMEs: Evidence from Latin America," Sustainability, MDPI, vol. 13(15), pages 1-17, July.
    2. Ángel Acevedo-Duque & Romel Gonzalez-Diaz & Alejandro Vega-Muñoz & Mirtha Mercedes Fernández Mantilla & Luiz Vicente Ovalles-Toledo & Elena Cachicatari-Vargas, 2021. "The Role of B Companies in Tourism towards Recovery from the Crisis COVID-19 Inculcating Social Values and Responsible Entrepreneurship in Latin America," Sustainability, MDPI, vol. 13(14), pages 1-21, July.

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    More about this item

    Keywords

    intrategy; strategy; business sustainability; Small and Medium-sized Enterprises (SMEs); COVID-19; Industry 4.0;
    All these keywords.

    JEL classification:

    • E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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