A hierarchical model to enhance financial and strategic performance of an oil and gas company in Malaysia
Purpose – The purpose of this study intends to develop a hierarchical model through prioritisation of the core competencies with respect to competitive advantage, financial and strategic performance for an oil and gas company in Malaysia. Design/methodology/approach – Mixed method approach used i...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English English English |
| Published: |
Emerald Group Publishing Ltd.
2019
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/78842/ http://irep.iium.edu.my/78842/ http://irep.iium.edu.my/78842/ http://irep.iium.edu.my/78842/1/78842_A%20hierarchical%20model%20to%20enhance%20financial.pdf http://irep.iium.edu.my/78842/2/78842_A%20hierarchical%20model%20to%20enhance%20financial_SCOPUS.pdf http://irep.iium.edu.my/78842/13/78442_A%20hierarchical%20model%20to%20enhance%20financial_wos.pdf |
| Summary: | Purpose – The purpose of this study intends to develop a hierarchical model through prioritisation of the
core competencies with respect to competitive advantage, financial and strategic performance for an oil and
gas company in Malaysia.
Design/methodology/approach – Mixed method approach used in the present research. Initially,
interviews were conducted to solicit information about the company’s core competencies, competitive
advantage, and financial and strategic performance. The interview findings used for questionnaire
development to rank core competencies with respect to competitive advantage, financial and strategic
performance. The survey results were analysed using the analytic hierarchy process (AHP), a mathematical
model and is synthesised using Super Decisions Software.
Findings – The study developed a hierarchical model and can be set as a benchmark for prioritising core
competencies, with respect to competitive advantage, financial and strategic performance for oil and gas companies.
Practical implications – The prioritisation results will help the company considered in the present
research and also the similar companies to optimise their resources and energy to focus on the desired and the
most influential core competencies.
Social implications – As the oil industry develops competitive advantage, its success will cascade down
to stimulate the nation’s growth, support industry and services expansion and eventually develop the nation.
Originality/value – This study is a first of its kind in using AHP to rank core competencies with respect to
competitive advantage, financial and strategic performance for an oil and gas company. The results can be
used by oil and gas companies to enhance their overall performance. |
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