Crises as Harbingers of Opportunities: An Empirical Insight of Knowledge Management as Moderator Between Absorptive Capacity and Strategic Agility

The upstream oil and gas businesses in Nigeria suffer from insufficient absorptive capacity, poor knowledge management in their operations, and a lack of capability to address difficulties in the country effectively. These factors impeded their capacity to be strategically agile in reacting to the...

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Main Authors: Abiodun, Arokodare Michael, Olasoji, Olubiyi Timilehin
Format: Article
Language:English
Published: Universiti Utara Malaysia Press 2023
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/29725/1/MMJ%2027%202023%2083-108.pdf
https://doi.org/10.32890/mmj2023.27.4
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author Abiodun, Arokodare Michael
Olasoji, Olubiyi Timilehin
author_facet Abiodun, Arokodare Michael
Olasoji, Olubiyi Timilehin
author_sort Abiodun, Arokodare Michael
collection UUM
description The upstream oil and gas businesses in Nigeria suffer from insufficient absorptive capacity, poor knowledge management in their operations, and a lack of capability to address difficulties in the country effectively. These factors impeded their capacity to be strategically agile in reacting to the sector’s issues, eventually stifling their performance. This study investigated the moderating influence of knowledge management on the relationship between absorptive capacity and strategic agility in the upstream oil and gas industry of Nigeria. A survey research design was used. Instruments were sent to the upper and intermediate management of upstream oil and gas businesses in Lagos State. The validity and reliability of the instrument were examined, and the findings indicated that the questionnaire was valid and reliable. Smart Partial Least Square (PLS) 3.0 was used for data analysis, coupled with Structural Equation Modelling. The research indicated that absorptive capacity had a substantial impact on strategic agility and that knowledge management strengthened the association between absorptive capacity and strategic agility among the chosen upstream oil and gas enterprises in Lagos State, Nigeria. The study recommended that upstream oil and gas businesses employ good knowledge management methods and construct excellent absorptive capabilities to financially engage strategic agility measures that will guarantee greater success than their sector competitors. The study’s theoretical and managerial ramifications, as well as its limits and future research opportunities, were discussed.
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spelling uum-297252023-09-06T15:19:25Z https://repo.uum.edu.my/id/eprint/29725/ Crises as Harbingers of Opportunities: An Empirical Insight of Knowledge Management as Moderator Between Absorptive Capacity and Strategic Agility Abiodun, Arokodare Michael Olasoji, Olubiyi Timilehin HD28 Management. Industrial Management The upstream oil and gas businesses in Nigeria suffer from insufficient absorptive capacity, poor knowledge management in their operations, and a lack of capability to address difficulties in the country effectively. These factors impeded their capacity to be strategically agile in reacting to the sector’s issues, eventually stifling their performance. This study investigated the moderating influence of knowledge management on the relationship between absorptive capacity and strategic agility in the upstream oil and gas industry of Nigeria. A survey research design was used. Instruments were sent to the upper and intermediate management of upstream oil and gas businesses in Lagos State. The validity and reliability of the instrument were examined, and the findings indicated that the questionnaire was valid and reliable. Smart Partial Least Square (PLS) 3.0 was used for data analysis, coupled with Structural Equation Modelling. The research indicated that absorptive capacity had a substantial impact on strategic agility and that knowledge management strengthened the association between absorptive capacity and strategic agility among the chosen upstream oil and gas enterprises in Lagos State, Nigeria. The study recommended that upstream oil and gas businesses employ good knowledge management methods and construct excellent absorptive capabilities to financially engage strategic agility measures that will guarantee greater success than their sector competitors. The study’s theoretical and managerial ramifications, as well as its limits and future research opportunities, were discussed. Universiti Utara Malaysia Press 2023 Article PeerReviewed application/pdf en cc4_by https://repo.uum.edu.my/id/eprint/29725/1/MMJ%2027%202023%2083-108.pdf Abiodun, Arokodare Michael and Olasoji, Olubiyi Timilehin (2023) Crises as Harbingers of Opportunities: An Empirical Insight of Knowledge Management as Moderator Between Absorptive Capacity and Strategic Agility. Malaysian Management Journal (MMJ), 27. pp. 83-108. ISSN 0128-6226 https://e-journal.uum.edu.my/index.php/mmj/article/view/16737 https://doi.org/10.32890/mmj2023.27.4 https://doi.org/10.32890/mmj2023.27.4
spellingShingle HD28 Management. Industrial Management
Abiodun, Arokodare Michael
Olasoji, Olubiyi Timilehin
Crises as Harbingers of Opportunities: An Empirical Insight of Knowledge Management as Moderator Between Absorptive Capacity and Strategic Agility
title Crises as Harbingers of Opportunities: An Empirical Insight of Knowledge Management as Moderator Between Absorptive Capacity and Strategic Agility
title_full Crises as Harbingers of Opportunities: An Empirical Insight of Knowledge Management as Moderator Between Absorptive Capacity and Strategic Agility
title_fullStr Crises as Harbingers of Opportunities: An Empirical Insight of Knowledge Management as Moderator Between Absorptive Capacity and Strategic Agility
title_full_unstemmed Crises as Harbingers of Opportunities: An Empirical Insight of Knowledge Management as Moderator Between Absorptive Capacity and Strategic Agility
title_short Crises as Harbingers of Opportunities: An Empirical Insight of Knowledge Management as Moderator Between Absorptive Capacity and Strategic Agility
title_sort crises as harbingers of opportunities an empirical insight of knowledge management as moderator between absorptive capacity and strategic agility
topic HD28 Management. Industrial Management
url https://repo.uum.edu.my/id/eprint/29725/1/MMJ%2027%202023%2083-108.pdf
https://doi.org/10.32890/mmj2023.27.4
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