Does Organizational Performance Increase with Innovation and Strategic Planning?
Journal Title: Journal of Operational and Strategic Analytics - Year 2023, Vol 1, Issue 1
Abstract
In today's rapidly changing economic environment, the success of organizations is largely determined by their organizational efficiency. The impact of innovation and strategic planning on organizational performance is the focus of this study, which was conducted in 2022 among middle-level managers and employees of public and private sector hospitals. A total of 63 questionnaires were collected, resulting in a response rate of approximately 72.41%. Structural equation modeling with Smart PLS3 software was utilized to examine the relationships between the variables. The results indicate that organizational performance is positively impacted by innovation. Furthermore, the study found that the performance of organizations is positively influenced by strategic planning. These findings have significant implications for managers and decision-makers in the healthcare sector and can inform the development of effective strategies for improving organizational performance.
Authors and Affiliations
Natalja Osintsev, Bardia Khalilian
Keywords
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- EP ID EP731841
- DOI https://doi.org/10.56578/josa010104
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