THE IMPACT OF STRATEGIC THINKING AND ITS ROLE IN ACHIEVING OUTSTANDING PERFORMANCE

Section: Articles Published Date: 2024-10-16 Pages: 190-231 Views: 0 Downloads: 0

Authors

  • Haidar Harbi Hassan University of Babylon, Faculty of Administration and Economics, Department of Business Administration, Iraq
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Abstract

This research aims to identify the extent to which banking facilities employ strategic thinking and the factors that contribute to their exceptional performance. The five dimensions of strategic thinking perspective, systemic, nonlinear, time, and participation are essential for any organization's survival, improvement, and expansion. Research is vital since it will help produce new ideas and facts by combining the study of several subjects (such as exceptional performance and strategic thinking) and diagnosing the interaction of variables. The hypothesis was based on the main points: Research was conducted in a Bank of Good Hilla Branch, 5 and Mesopotamia Branch of the Bridge using a questionnaire. The results were analyzed using a statistical program (SPSS), which used frequencies, percentages, averages, and tests. There was no statistically significant correlation at the 0.05 level between strategic Aavadaltvkir in general and the outstanding performance relationship. The study included 35 officials. Using the Spearman correlation coefficient, the research came to the following important conclusions: strategic thinking is now an organizational necessity, not a choice among a set of options for the organization's future. This proves that the bank's management is willing to take responsibility to a high enough level to use the Prospective variable to extrapolate the long-term direction of development strategies. It also shows a strong correlation between the independent and dependent variables. Cosmetics brand Determines the characteristics of the banking business in the long run, achieve outstanding performance in the field of work, and compete and serve beneficiaries while adhering to the requirements plan contained in the Banking Act and the laws of the Iraqi Central Bank. The most important recommendation is to focus on the dimensions and variables of strategic thinking and take advantage of its role in exploiting resources.

Keywords

Strategic Thinking, banking facilities, performance