Strategic Alliance and Operational Sustainability in the Nigerian Banking Sector
DOI:
https://doi.org/10.18533/rss.v1i8.57Abstract
There is the heightened challenge of scarcity of organizational resources needed to cope with increased level of competitiveness arising from globalization and technological breakthroughs. One of the likely ways of ensuring survival and sustainability is creation of strategic alliances value added and this has informed the current study in the Nigerian banking sector. A survey of 76 strategic bank personnel was used and the survey instrument generated data related to the examined constructs. The Spearmen Rank statistic and multiple regression were used as analytical tools and findings showed that the multi-dimension of strategic alliance operationalized as technological, human capital development and research and development alliances have a significant relationship with operational sustainability and technological alliance with much weight based on the value = 0.312 on operational effectiveness therefore it was concluded that strategically created alliances ensures operational sustainability. This study has its implication in terms of emphasizing network or alliance appropriateness towards operational goals.
Downloads
Published
Issue
Section
License
Authors who publish with this journal agree to the following terms:- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).