Impact Assessment of strategic Competences on Organization Performance: An Empirical Study in Jordanian Insurance Companies

Abstract:

Over a decade ago, Strategic Competences (SC) are an important topic to business from small to large size. At this time, organizations are expected to gain an increased in competitiveness and chances to focus their efforts and use their resources on their Strategic competence. While addressing this issue, over the past several years there have been intensive discussions about the importance of strategic competences on Organization performance. The present empirical study is based on a sample of the data collected from seventy seven respondents, drawn randomly from Jordanian Insurance Companies. The results of the survey show survey show that the four selected factors (Innovation, Cooperation, Empowerment, and Innovation) have a significant impact on organization performance. Therefore, this paper provides a contribution to the literature strategic competences in one of the developing countries as a framework to keep organizations competitive within the global business environment.

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