Strategic Foresight and Cost Effective Leadership in Organizations: A Case Study of the UAE Manufacturing Sector

The current thesis sought to critically investigate the not-so-common relationship between strategic foresight and costs saving leadership practices in manufacturing organizations in the UAE. The lack of previous studies scrutinizing this relationship and the research’s hypothesis of the possibility...

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Main Author: AL MARZOOQI, REEM (author)
Published: 2023
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Online Access:https://bspace.buid.ac.ae/handle/1234/2328
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author AL MARZOOQI, REEM
author_facet AL MARZOOQI, REEM
author_role author
dc.creator.none.fl_str_mv AL MARZOOQI, REEM
dc.date.none.fl_str_mv 2023-08-11T10:43:51Z
2023-08-11T10:43:51Z
2023-06
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv 2016156037
https://bspace.buid.ac.ae/handle/1234/2328
dc.language.none.fl_str_mv en
dc.publisher.none.fl_str_mv The British University in Dubai (BUiD)
dc.subject.none.fl_str_mv strategic foresight
effective leadership
United Arab Emirates (UAE)
manufacturing sector
cost savings
strategic management
dc.title.none.fl_str_mv Strategic Foresight and Cost Effective Leadership in Organizations: A Case Study of the UAE Manufacturing Sector
dc.type.none.fl_str_mv Thesis
description The current thesis sought to critically investigate the not-so-common relationship between strategic foresight and costs saving leadership practices in manufacturing organizations in the UAE. The lack of previous studies scrutinizing this relationship and the research’s hypothesis of the possibility of a relationship between the two constructs provided impulse for the study. The aim was to justify whether there is a relationship between strategic foresight and cost savings in manufacturing organizations and use this knowledge, if affirmative, to come forth with a framework for the effective application of strategic foresight on costs savings efforts in manufacturing companies in UAE. The methodological approach adopted for the research was deductive based on the positivist philosophy, using a survey questionnaire to collect quantitative data from a sample of the population. Analysis of the data gathered was conducted using structural equation modeling (SEM) critical path analysis via SPSS AMOS v.26. The results from the critical path analysis of the structural model revealed a strong relationship between strategic foresight and costs savings approaches. This confirmed the hypothesis of the study that there is a relationship between strategic foresight and cost saving leadership efforts in manufacturing organizations. Other relationships between sub-constructs in the study were also tested and the study was able to culminate with the development of a model for the integrated successful application for strategic foresight on cost savings efforts in the manufacturing sector in the UAE. A framework for the effective application of strategic framework on cost saving efforts in manufacturing companies in the UAE was developed that would assist manufacturing companies in effectively managing their costs through the application of strategic foresight tools. The broad base nature of the research was identified as one of its major limitations and recommendations were made that future studies should focus efforts on one manufacturing organization while actually studying the quanta of costs savings that can be arrived at through application of strategic foresight.
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spelling Strategic Foresight and Cost Effective Leadership in Organizations: A Case Study of the UAE Manufacturing SectorAL MARZOOQI, REEMstrategic foresighteffective leadershipUnited Arab Emirates (UAE)manufacturing sectorcost savingsstrategic managementThe current thesis sought to critically investigate the not-so-common relationship between strategic foresight and costs saving leadership practices in manufacturing organizations in the UAE. The lack of previous studies scrutinizing this relationship and the research’s hypothesis of the possibility of a relationship between the two constructs provided impulse for the study. The aim was to justify whether there is a relationship between strategic foresight and cost savings in manufacturing organizations and use this knowledge, if affirmative, to come forth with a framework for the effective application of strategic foresight on costs savings efforts in manufacturing companies in UAE. The methodological approach adopted for the research was deductive based on the positivist philosophy, using a survey questionnaire to collect quantitative data from a sample of the population. Analysis of the data gathered was conducted using structural equation modeling (SEM) critical path analysis via SPSS AMOS v.26. The results from the critical path analysis of the structural model revealed a strong relationship between strategic foresight and costs savings approaches. This confirmed the hypothesis of the study that there is a relationship between strategic foresight and cost saving leadership efforts in manufacturing organizations. Other relationships between sub-constructs in the study were also tested and the study was able to culminate with the development of a model for the integrated successful application for strategic foresight on cost savings efforts in the manufacturing sector in the UAE. A framework for the effective application of strategic framework on cost saving efforts in manufacturing companies in the UAE was developed that would assist manufacturing companies in effectively managing their costs through the application of strategic foresight tools. The broad base nature of the research was identified as one of its major limitations and recommendations were made that future studies should focus efforts on one manufacturing organization while actually studying the quanta of costs savings that can be arrived at through application of strategic foresight.The British University in Dubai (BUiD)2023-08-11T10:43:51Z2023-08-11T10:43:51Z2023-06Thesisapplication/pdf2016156037https://bspace.buid.ac.ae/handle/1234/2328enoai:bspace.buid.ac.ae:1234/23282023-08-12T05:39:27Z
spellingShingle Strategic Foresight and Cost Effective Leadership in Organizations: A Case Study of the UAE Manufacturing Sector
AL MARZOOQI, REEM
strategic foresight
effective leadership
United Arab Emirates (UAE)
manufacturing sector
cost savings
strategic management
title Strategic Foresight and Cost Effective Leadership in Organizations: A Case Study of the UAE Manufacturing Sector
title_full Strategic Foresight and Cost Effective Leadership in Organizations: A Case Study of the UAE Manufacturing Sector
title_fullStr Strategic Foresight and Cost Effective Leadership in Organizations: A Case Study of the UAE Manufacturing Sector
title_full_unstemmed Strategic Foresight and Cost Effective Leadership in Organizations: A Case Study of the UAE Manufacturing Sector
title_short Strategic Foresight and Cost Effective Leadership in Organizations: A Case Study of the UAE Manufacturing Sector
title_sort Strategic Foresight and Cost Effective Leadership in Organizations: A Case Study of the UAE Manufacturing Sector
topic strategic foresight
effective leadership
United Arab Emirates (UAE)
manufacturing sector
cost savings
strategic management
url https://bspace.buid.ac.ae/handle/1234/2328