Advances: Jurnal Ekonomi & Bisnis
Vol. 1 No. 4 (2023): July - August

A Comprehensive Analysis of Strategies to Enhance Business Performance and Shareholder Wealth

Kalsum, Ummu (Unknown)



Article Info

Publish Date
31 Aug 2023

Abstract

Through a qualitative literature review, this research investigates strategies to enhance business performance and shareholder wealth. The study explores the role of strategic resource allocation, customer-centric strategies, and adaptation to market dynamics in driving organizational success. A comprehensive synthesis of existing research is conducted, drawing insights from seminal works by scholars such as Barney (1991), Prahalad and Hamel (1990), and Kotler and Keller (2016). Methodologically, the study adopts a qualitative approach to analyze and interpret the findings from the literature. The results highlight the critical importance of integrating organizational resources and capabilities cohesively, prioritizing customer needs, and fostering strategic agility and innovation. Strategic resource allocation emerges as a fundamental determinant of business success, with effective resource allocation enabling firms to sustain competitive advantage and create long-term shareholder value. Customer-centric strategies are key drivers of business growth and profitability, with firms that prioritize customer needs and deliver superior value propositions outperforming competitors. Additionally, adaptation to market dynamics is crucial for organizational resilience and competitiveness, with agile firms better equipped to navigate uncertainty and capitalize on emerging opportunities. Overall, the findings underscore the strategic imperatives for firms to align resources, prioritize customers, and adapt to changing market conditions to enhance business performance and shareholder wealth.

Copyrights © 2023






Journal Info

Abbrev

AJEB

Publisher

Subject

Economics, Econometrics & Finance

Description

Established in 2023, Advances: Journal of Economics & Business is dedicated to publishing original research that contributes to the advancement of knowledge in the fields of economics, management, and accounting. This esteemed journal encompasses a wide range of research topics and employs various ...