Stakeholder Agility as an Enabler of Strategy Implementation: Evidence from Zimbabwe’s Public Tertiary Education Institutions
The full value of any strategic objective is achieved through effective strategy implementation. However, globally, strategy implementation is arguably the most significant drawback of the strategic management process, with failure rates as high as 90%. This article is aimed at determining the ex...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Danubius University
2023-12-01
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| Series: | Acta Universitatis Danubius: Oeconomica |
| Subjects: | |
| Online Access: | https://dj.univ-danubius.ro/index.php/AUDOE/article/view/2558/2719 |
| _version_ | 1797293993799712768 |
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| author | Nancy Matshe Maxwell Sandada Dennis Maravanyika |
| author_facet | Nancy Matshe Maxwell Sandada Dennis Maravanyika |
| author_sort | Nancy Matshe |
| collection | DOAJ |
| description | The full value of any strategic objective is achieved through effective strategy
implementation. However, globally, strategy implementation is arguably the most significant drawback
of the strategic management process, with failure rates as high as 90%. This article is aimed at
determining the extent to which stakeholder agility contributes to successful strategy implementation
in public tertiary education institutions in Zimbabwe, so that, they may contribute meaningfully to the
socio-economic development of the nation. The study was motivated by the lack of prior research on
the nexus between stakeholder engagement and strategy implementation in public education. Data was
analysed from 486 questionnaires that were randomly distributed to the senior management of tertiary
education institutions. Correlations, and regression analyses techniques were used to determine the
extent to which stakeholder agility predicts strategy implementation. The results indicated that external
stakeholder agility positively influences successful strategy implementation, whilst internal stakeholder
agility does not. The study provides guidance to tertiary education institutions on enhancing strategy
implementation through external stakeholder agility. This paper also provides evidence in the African
context on the reduction of the strategy implementation failure through stakeholder agility practices
relevant to the public education sector. |
| first_indexed | 2024-03-07T21:23:47Z |
| format | Article |
| id | doaj.art-4992af29377f4aeca902947902a17a0d |
| institution | Directory Open Access Journal |
| issn | 2065-0175 2067-340X |
| language | English |
| last_indexed | 2024-03-07T21:23:47Z |
| publishDate | 2023-12-01 |
| publisher | Danubius University |
| record_format | Article |
| series | Acta Universitatis Danubius: Oeconomica |
| spelling | doaj.art-4992af29377f4aeca902947902a17a0d2024-02-27T07:16:50ZengDanubius UniversityActa Universitatis Danubius: Oeconomica2065-01752067-340X2023-12-01196717Stakeholder Agility as an Enabler of Strategy Implementation: Evidence from Zimbabwe’s Public Tertiary Education InstitutionsNancy Matshe0Maxwell Sandada1Dennis Maravanyika2University of ZimbabweUniversity of ZimbabweUniversity of ZimbabweThe full value of any strategic objective is achieved through effective strategy implementation. However, globally, strategy implementation is arguably the most significant drawback of the strategic management process, with failure rates as high as 90%. This article is aimed at determining the extent to which stakeholder agility contributes to successful strategy implementation in public tertiary education institutions in Zimbabwe, so that, they may contribute meaningfully to the socio-economic development of the nation. The study was motivated by the lack of prior research on the nexus between stakeholder engagement and strategy implementation in public education. Data was analysed from 486 questionnaires that were randomly distributed to the senior management of tertiary education institutions. Correlations, and regression analyses techniques were used to determine the extent to which stakeholder agility predicts strategy implementation. The results indicated that external stakeholder agility positively influences successful strategy implementation, whilst internal stakeholder agility does not. The study provides guidance to tertiary education institutions on enhancing strategy implementation through external stakeholder agility. This paper also provides evidence in the African context on the reduction of the strategy implementation failure through stakeholder agility practices relevant to the public education sector.https://dj.univ-danubius.ro/index.php/AUDOE/article/view/2558/2719collaborationspartnershipsteam buildinghigher educationzimbabwe education 5.0 philosophy |
| spellingShingle | Nancy Matshe Maxwell Sandada Dennis Maravanyika Stakeholder Agility as an Enabler of Strategy Implementation: Evidence from Zimbabwe’s Public Tertiary Education Institutions Acta Universitatis Danubius: Oeconomica collaborations partnerships team building higher education zimbabwe education 5.0 philosophy |
| title | Stakeholder Agility as an Enabler of Strategy Implementation: Evidence from Zimbabwe’s Public Tertiary Education Institutions |
| title_full | Stakeholder Agility as an Enabler of Strategy Implementation: Evidence from Zimbabwe’s Public Tertiary Education Institutions |
| title_fullStr | Stakeholder Agility as an Enabler of Strategy Implementation: Evidence from Zimbabwe’s Public Tertiary Education Institutions |
| title_full_unstemmed | Stakeholder Agility as an Enabler of Strategy Implementation: Evidence from Zimbabwe’s Public Tertiary Education Institutions |
| title_short | Stakeholder Agility as an Enabler of Strategy Implementation: Evidence from Zimbabwe’s Public Tertiary Education Institutions |
| title_sort | stakeholder agility as an enabler of strategy implementation evidence from zimbabwe s public tertiary education institutions |
| topic | collaborations partnerships team building higher education zimbabwe education 5.0 philosophy |
| url | https://dj.univ-danubius.ro/index.php/AUDOE/article/view/2558/2719 |
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