Developing Dynamic Capabilities: How The Intensity of That Process Affects Businesses in Terms of Their Strategic Maturity

Abstract:

The purpose of this publication is to discuss how the intensity of actions which businesses take in order to develop dynamic capabilities affects their strategic maturity. With this goal in mind, the authors have reviewed relevant literature and refer to the results of their own research. On a theoretical plane, the authors point out the significance of dynamic capabilities in organisations and discuss strategic maturity of businesses, and how to measure it. As presented here, the results of a CAWI survey conducted in 2016-2018 on a group of 458 businesses from various sectors and industries of the Polish economy form part of broader research into dynamic capabilities of Polish businesses (National Science Centre grant decision no. DEC-2013/11/B/HS4/00697). We have used ANOVA to interpret the results of our research and have found that there is a correlation between the intensity of measures taken at each stage of the dynamic capability development process and the strategic maturity of businesses. Our research shows that the greater the intensity of actions in that process, the greater the level of strategic maturity. Based on the results of our analysis, we conclude that the intensity of dynamic capabilities in organisations at a reactive maturity level is average, which means that their organisational management systems have some built-in potential of dynamic capabilities. Our research results also point to the importance of different categories of dynamic capabilities at the different levels of strategic management.