Track: Technology Management

Abstract

Libya offers a unique place for the study of strategic management because it is still a developing nation. The problem exists on the issue and challenges faced by manufacturing industrial companies operating in Libya where business practices remain severely underdeveloped. However, due to lack of right strategic management practices, industries can achieve only 50% of the total production capacity in Libya. This suggests further investigations are needed for the advancement of the industrial sector in Libya. This research aims to establish and verify the hypothesized relationship between strategic evaluation and organizational success and the mediating role of organization’s continuous commitment in Libya’s industrial sectors. A self-administered questionnaire was used to collect data from the 223 respondents through disproportionate stratified random sampling of employees working at the different industries in Libya. Structural equation modeling (SEM) was used to test the hypotheses. The results indicate that organization’s continuous commitment fully mediates the relationship between strategic evaluation and organizational success in the Libyan industry context. For proper implementation of strategic moves for Libyan industrial sector needs to confirm the proper practices and support from the senior managers towards implementation. This means significant companies should remember that strategic evaluation is extremely essential and should not be ignored.