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Dynamic capabilities and organisational resilience in unstable macroeconomic environments : a case study of manufacturing firms in Zimbabwe

Mini Dissertation (MBA)--University of Pretoria, 2021.

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Other Authors: Oliver, Johan
Format: Thesis
Language:English
Published: University of Pretoria 2022
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access_status_str Open Access
author2 Oliver, Johan
author_browse Oliver, Johan
author_facet Oliver, Johan
collection Thesis
dc_rights_str_mv © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Mini Dissertation (MBA)--University of Pretoria, 2021.
format Thesis
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:37:28.861Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2022
publishDateRange 2022
publishDateSort 2022
publisher University of Pretoria
publisherStr University of Pretoria
record_format dspace
source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/85358 Dynamic capabilities and organisational resilience in unstable macroeconomic environments : a case study of manufacturing firms in Zimbabwe Oliver, Johan Ngandu, Agnes Muchanyara UCTD Mini Dissertation (MBA)--University of Pretoria, 2021. The current literature conceptualises dynamic capabilities as the ability of managers to sense new trends, opportunities, and threats; to seize profitable opportunities while mitigating the risk of loss-making assets; and to transform tangible and intangible assets while continuously renewing the resource base of the firm. Little is known about dynamic capabilities in low income resource constrained contexts. The research aimed to uncover how dynamic capabilities influence organisational resilience and sustainability in Zimbabwe's unstable macroeconomic environment with persistent challenges. A two-case comparative qualitative study was used; 12 managers from two firms (six from each) in the manufacturing sector. A six-phase thematic analysis was carried out to analyse the data. The study found that Zimbabwean managers had developed collective flexible adaptive action through high-order dynamic capabilities of evolutionary fitness and knowledge management. Managerial cognitive capacity and applied learning orientation culture, allowed them to sense, seize and transform the firm’s resource base by tapping into and exploiting exogenous scientific know-how and technologies. The findings also show that evolutionary fitness and knowledge management mediate the relationship between dynamic capabilities and firm resilience and sustainability, while environmental dynamism moderates the relationship between dynamic capabilities and firm performance. The study contributes to the understanding of how firms in unstable macroeconomic environments develop dynamic capabilities that lead to firm resilience and sustainability. It does this by deepening the dynamic capabilities theory and the resource-based view of the firm. It extends the resource-based view by emphasising how firms in resource-constrained environments can gain a competitive advantage over their competitors by managing their resources and assets. zl22 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2022-05-17T11:20:25Z 2022-05-17T11:20:25Z 2022/04/07 2021 Mini Dissertation * https://repository.up.ac.za/handle/2263/85358 en © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Dynamic capabilities and organisational resilience in unstable macroeconomic environments : a case study of manufacturing firms in Zimbabwe
title Dynamic capabilities and organisational resilience in unstable macroeconomic environments : a case study of manufacturing firms in Zimbabwe
title_full Dynamic capabilities and organisational resilience in unstable macroeconomic environments : a case study of manufacturing firms in Zimbabwe
title_fullStr Dynamic capabilities and organisational resilience in unstable macroeconomic environments : a case study of manufacturing firms in Zimbabwe
title_full_unstemmed Dynamic capabilities and organisational resilience in unstable macroeconomic environments : a case study of manufacturing firms in Zimbabwe
title_short Dynamic capabilities and organisational resilience in unstable macroeconomic environments : a case study of manufacturing firms in Zimbabwe
title_sort dynamic capabilities and organisational resilience in unstable macroeconomic environments a case study of manufacturing firms in zimbabwe
topic UCTD
url https://repository.up.ac.za/handle/2263/85358