Modelling strategic orientation dimensions and performance of small and medium enterprises: An application of interpretative structural modelling
Journal of Modelling in Management
ISSN: 1746-5664
Article publication date: 18 September 2019
Issue publication date: 18 September 2019
Abstract
Purpose
The purpose of this paper is to identify and rank different dimensions of strategic orientation and firm’s performance using the approach of interpretive structural modeling.
Design/methodology/approach
The study uses interpretative structural modeling and the MICMAC technique to establish a hierarchical relationship among different dimensions of entrepreneurial orientation and manufacturing performance of Indian SMEs.
Findings
The final outcome of interpretative structural modeling and the MICMAC analysis revealed a relationship between the variables under study along with the categorization of all in two different categories, depending upon their driving power and dependency, which decision-makers can also use while devising their strategy to improve performance.
Originality/value
To date, to the best of the authors’ knowledge, no significant contribution about such interrelationship was reported; therefore, this study is one of its types to fill this gap.
Keywords
Citation
Yadav, S.K., Tripathi, V. and Goel, G. (2019), "Modelling strategic orientation dimensions and performance of small and medium enterprises: An application of interpretative structural modelling", Journal of Modelling in Management, Vol. 14 No. 3, pp. 754-772. https://doi.org/10.1108/JM2-08-2018-0116
Publisher
:Emerald Publishing Limited
Copyright © 2019, Emerald Publishing Limited