Date of Conferral

2022

Degree

Doctor of Business Administration (D.B.A.)

School

Management

Advisor

Betsy Macht

Abstract

Changes in customer expectations, technological advancement, and intense competition exacerbate uncertainty, and executives are motivated to develop strategies for implementing innovative solutions to gain a competitive advantage. Anchored in the conceptual lens of the resource-based view and transformational leadership theories, the purpose of this qualitative multiple case study was to explore strategies five c-suite executives in The Commonwealth of The Bahamas used to remain competitive and profitable. Data were collected using semistructured interviews via Zoom videoconferencing, observations, human resource manuals, publicly available materials from government websites such as financial records, and journal notes. Through thematic analysis, five themes emerged: (a) knowledge acquisition, (b) human capital development, (c) effective communication, (d) stakeholder engagement, and (e) information technology and digitalization. A key recommendation for executives is to cultivate an environment that empowers innovativeness. The implications for positive social change include the potential to enhance competitiveness and profitability while also contributing to gross domestic product and creating employment opportunities within local communities.

Download

Share

 
COinS