Dynamic Capability and Marketing Strategy as Determinants of Organizational Performance

Authors

  • Varadilla Arkadewi Universitas Muhammadiyah Gresik, Gresik

DOI:

https://doi.org/10.54518/ibr.2.1.2024.1241

Keywords:

Dynamic Capability, Economic Environment, Marketing Strategy, Organizational Performance, Strategic Management

Abstract

The increasingly dynamic economic environment requires organizations to develop adaptive capabilities and effective strategic initiatives to maintain competitiveness and improve performance. This study aims to examine the relationship between dynamic capability, marketing strategy, and organizational performance through a descriptive qualitative approach. The research employed a literature-based method by analyzing scholarly publications indexed in Google Scholar from the last five years. Data were collected through a systematic review process and analyzed using content analysis techniques to identify patterns, empirical findings, and research gaps related to the investigated variables. The findings indicate that dynamic capability enhances organizational adaptability, innovation, and strategic responsiveness, while marketing strategy strengthens customer value creation, market positioning, and competitive advantage. The study also reveals that the influence of dynamic capability on organizational performance is not always direct and often depends on complementary organizational factors. Furthermore, the integration of dynamic capability and marketing strategy provides a more comprehensive explanation of organizational performance than either factor individually. These findings contribute to strategic management literature and offer practical insights for organizations operating in dynamic economic environments.

References

Akhtar, P., Frynas, J. G., Mellahi, K., & Ullah, S. (2019). Big data‐savvy teams’ skills, big data‐driven actions and business performance. British Journal of Management, 30(2), 252-271.

Bari, N., Chimhundu, R., & Chan, K. C. (2022). Dynamic capabilities to achieve corporate sustainability: a roadmap to sustained competitive advantage. Sustainability, 14(3), 1531.

Chatterjee, S., Chaudhuri, R., Vrontis, D., & Chaudhuri, S. (2022). The impact of dynamic capability on business sustainability of organizations. FIIB Business Review, 11(4), 455-467.

Correia, R. J., Teixeira, M. S., & Dias, J. G. (2022). Dynamic capabilities: antecedents and implications for firms' performance. International Journal of Productivity and Performance Management, 71(8), 3270-3292.

Hoque, M. T., Ahammad, M. F., Tzokas, N., Tarba, S., & Nath, P. (2022). Eyes open and hands on: market knowledge and marketing capabilities in export markets. International Marketing Review, 39(3), 431-462.

Lee, K., & Yoo, J. (2019). How does open innovation lead competitive advantage? A dynamic capability view perspective. PloS one, 14(11), e0223405.

Liu, Y., Xi, M., Jia, Y., & Geng, X. (2021). Chief executive officers entrepreneurial orientation, dynamic capabilities, and firm performance: the moderating effect of the manufacturing industry. Frontiers in Psychology, 12, 707971.

Mamédio, D., Rocha, C., Szczepanik, D., & Kato, H. (2019). Strategic alliances and dynamic capabilities: A systematic review. Journal of strategy and management, 12(1), 83-102.

Muhammadin, A., Ramli, R., Ridjal, S., Kanto, M., Alam, S., & Idris, H. (2020). Effects of dynamic capability and marketing strategy on the organizational performance of the banking sector in Makassar, Indonesia. arXiv preprint arXiv:2007.12433

Prester, J. (2023). Operating and dynamic capabilities and their impact on operating and business performance. Sustainability, 15(20), 15181.

Rosário, A., & Casaca, J. A. (2023). Relationship marketing and customer retention-a systematic literature review. Studies in Business and Economics, 18(3), 44-66.

Varadarajan, R. (2020). Customer information resources advantage, marketing strategy and business performance: A market resources based view. Industrial marketing management, 89, 89-97.

Downloads

Published

2024-06-30

How to Cite

Arkadewi, V. (2024). Dynamic Capability and Marketing Strategy as Determinants of Organizational Performance. Integra Business Review, 2(1), 28–39. https://doi.org/10.54518/ibr.2.1.2024.1241

Issue

Section

Articles

Similar Articles

1 2 3 4 > >> 

You may also start an advanced similarity search for this article.