Assessment of the Adoption of Strategic Entrepreneurship by Zimbabwean Companies and Its Effects on Performance. 2012-2015
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Date
2020
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Abstract
The study assessed the adoption of SE by Zimbabwean companies and the effect of such on performance, 2012-2015. The results reveal that firms surveyed demonstrated varying intensities of adopting innovation, risk taking, organizational learning, acceptance of risk, flexibility and successful strategy implementation mechanisms. SE was more marked in companies with above average performance and least marked in companies struggling with performance. Implementation was also of varying degrees and with differing emphasis on the six constructs of SE even amongst leading performers. The research concludes that SE be adopted as it has an overall positive effect on performance of a firm regardless of its industrial classification in the admittedly hostile and unfriendly environment and can assist a firm remain competitive in the 4th Industrial Revolution.
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Business Performance, Entrepreneurship, Fourth Industrial Revolution, Strategic Entrepreneurship, VUCAH