2024International Journal of Finance and Business ManagementOpen access

The Effect of Strategic Change on Strategic Performance Mediated by Inter-Firm Network and Strategic Alignment

Muhammad Hayyin Avivi, Mohamad Rizan, Agung Wahyu Handaru

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Abstract

In facing complex global dynamism, dynamic organizations must be able to overcome real challenges from all aspects to produce superior and competitive performance. This research aims to determine the influence of strategic change on strategic performance mediated by inter-firm networks and strategic alignment. The data collection technique used a questionnaire given to 198 top managers at P-3 professional certification institutions throughout Indonesia. This type of research is quantitative research and data analysis is carried out using Partial Least Square with software SmartPLS 4.0. The results of this research show; 1. strategic change has no direct positive and significant effect on strategic performance, 2. Strategic Change has a positive and significant effect on the Inter-firm Network directly, 3. KInter-firm Network has a positive and significant effect on Strategic Alignment directly, 4. Strategic Alignment has a positive and significant effect on Strategic Performance directly, 5. strategic change has a positive and significant effect on strategic alignment mediated by the Inter-firm Network, 6. Inter-firm Network has a positive and significant effect on strategic Performance mediated by Strategic Alignment, 7. strategic change has a positive and significant effect on strategic performance through inter-firm networks and strategic alignment.

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What this paper is about

In facing complex global dynamism, dynamic organizations must be able to overcome real challenges from all aspects to produce superior and competitive performance. This research aims to determine the influence of strategic change on strategic performance mediated by inter-firm networks and strategic alignment. The data collection technique used a questionnaire given to 198 top managers at P-3 professional certification institutions throughout Indonesia. This type of research is quantitative research and data analysis is carried out using Partial Least Square with software SmartPLS 4.0. The results of this research show; 1. strategic change has no direct positive and significant effect on strategic performance, 2. Strategic Change has a positive and significant effect on the Inter-firm Network directly, 3. KInter-firm Network has a positive and significant effect on Strategic Alignment directly, 4. Strategic Alignment has a positive and significant effect on Strategic Performance directly, 5. strategic change has a positive and significant effect on strategic alignment mediated by the Inter-firm Network, 6. Inter-firm Network has a positive and significant effect on strategic Performance mediated by Strategic Alignment, 7. strategic change has a positive and significant effect on strategic performance through inter-firm networks and strategic alignment.

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Available abstract

In facing complex global dynamism, dynamic organizations must be able to overcome real challenges from all aspects to produce superior and competitive performance. This research aims to determine the influence of strategic change on strategic performance mediated by inter-firm networks and strategic alignment. The data collection technique used a questionnaire given to 198 top managers at P-3 professional certification institutions throughout Indonesia. This type of research is quantitative research and data analysis is carried out using Partial Least Square with software SmartPLS 4.0. The results of this research show; 1. strategic change has no direct positive and significant effect on strategic performance, 2. Strategic Change has a positive and significant effect on the Inter-firm Network directly, 3. KInter-firm Network has a positive and significant effect on Strategic Alignment directly, 4. Strategic Alignment has a positive and significant effect on Strategic Performance directly, 5. strategic change has a positive and significant effect on strategic alignment mediated by the Inter-firm Network, 6. Inter-firm Network has a positive and significant effect on strategic Performance mediated by Strategic Alignment, 7. strategic change has a positive and significant effect on strategic performance through inter-firm networks and strategic alignment.

Key concepts: Strategic alignment, Dynamism, Strategic control, Strategic planning, Business, Strategic leadership, Strategic financial management, Strategic thinking

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