Organizational agility, dynamic managerial capability, stakeholder management, discretion, and project success: Evidence from the upstream oil and gas sectors
Today's organizations are dealing with a turbulent and unpredictable business environment. In these uncertain times, it is critical that managers at all levels have a deep understanding of discretion as part of the decision-making process. This study investigated the relationship between percei...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2023-09-01
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| Series: | Heliyon |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S240584402306406X |
| _version_ | 1797669935610068992 |
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| author | Muh Arifuddin Budiman Budi W. Soetjipto Ratih Dyah Kusumastuti Setyo Wijanto |
| author_facet | Muh Arifuddin Budiman Budi W. Soetjipto Ratih Dyah Kusumastuti Setyo Wijanto |
| author_sort | Muh Arifuddin Budiman |
| collection | DOAJ |
| description | Today's organizations are dealing with a turbulent and unpredictable business environment. In these uncertain times, it is critical that managers at all levels have a deep understanding of discretion as part of the decision-making process. This study investigated the relationship between perceived managerial discretion and project success in the upstream oil and gas sectors. A total of 108 project managers participated in this study. We analyzed data using covariance-based structural equation modelling (CB-SEM) to construct a framework that highlights the importance of dynamic managerial capabilities and organizational agility on perceived managerial discretion. The results confirm and emphasize the direct role of perceived managerial discretion on project success. The study notes the essential roles of strategic management literacy in mediating the relationship between perceived managerial discretion and project success in Indonesia and provides insights for middle managers seeking to foster the success of projects by considering strategic management literacy. |
| first_indexed | 2024-03-11T20:52:13Z |
| format | Article |
| id | doaj.art-e553f7a8c64e4fe38ec0ecd638b5949d |
| institution | Directory Open Access Journal |
| issn | 2405-8440 |
| language | English |
| last_indexed | 2024-03-11T20:52:13Z |
| publishDate | 2023-09-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Heliyon |
| spelling | doaj.art-e553f7a8c64e4fe38ec0ecd638b5949d2023-10-01T05:58:50ZengElsevierHeliyon2405-84402023-09-0199e19198Organizational agility, dynamic managerial capability, stakeholder management, discretion, and project success: Evidence from the upstream oil and gas sectorsMuh Arifuddin Budiman0Budi W. Soetjipto1Ratih Dyah Kusumastuti2Setyo Wijanto3Department of Management, Faculty of Economics and Business, University of Indonesia, 16424, Depok, Indonesia; Corresponding author.Department of Management, Faculty of Economics and Business, University of Indonesia, 16424, Depok, Indonesia; University of Pertamina, 12220, Jakarta, IndonesiaDepartment of Management, Faculty of Economics and Business, University of Indonesia, 16424, Depok, IndonesiaDepartment of Management, Faculty of Economics and Business, University of Indonesia, 16424, Depok, IndonesiaToday's organizations are dealing with a turbulent and unpredictable business environment. In these uncertain times, it is critical that managers at all levels have a deep understanding of discretion as part of the decision-making process. This study investigated the relationship between perceived managerial discretion and project success in the upstream oil and gas sectors. A total of 108 project managers participated in this study. We analyzed data using covariance-based structural equation modelling (CB-SEM) to construct a framework that highlights the importance of dynamic managerial capabilities and organizational agility on perceived managerial discretion. The results confirm and emphasize the direct role of perceived managerial discretion on project success. The study notes the essential roles of strategic management literacy in mediating the relationship between perceived managerial discretion and project success in Indonesia and provides insights for middle managers seeking to foster the success of projects by considering strategic management literacy.http://www.sciencedirect.com/science/article/pii/S240584402306406XPerceived managerial discretionStakeholder managementDynamic managerial capabilityOrganizational agilityUpstream oil and gas |
| spellingShingle | Muh Arifuddin Budiman Budi W. Soetjipto Ratih Dyah Kusumastuti Setyo Wijanto Organizational agility, dynamic managerial capability, stakeholder management, discretion, and project success: Evidence from the upstream oil and gas sectors Heliyon Perceived managerial discretion Stakeholder management Dynamic managerial capability Organizational agility Upstream oil and gas |
| title | Organizational agility, dynamic managerial capability, stakeholder management, discretion, and project success: Evidence from the upstream oil and gas sectors |
| title_full | Organizational agility, dynamic managerial capability, stakeholder management, discretion, and project success: Evidence from the upstream oil and gas sectors |
| title_fullStr | Organizational agility, dynamic managerial capability, stakeholder management, discretion, and project success: Evidence from the upstream oil and gas sectors |
| title_full_unstemmed | Organizational agility, dynamic managerial capability, stakeholder management, discretion, and project success: Evidence from the upstream oil and gas sectors |
| title_short | Organizational agility, dynamic managerial capability, stakeholder management, discretion, and project success: Evidence from the upstream oil and gas sectors |
| title_sort | organizational agility dynamic managerial capability stakeholder management discretion and project success evidence from the upstream oil and gas sectors |
| topic | Perceived managerial discretion Stakeholder management Dynamic managerial capability Organizational agility Upstream oil and gas |
| url | http://www.sciencedirect.com/science/article/pii/S240584402306406X |
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