Academy of Strategic Management Journal (Print ISSN: 1544-1458; Online ISSN: 1939-6104)

Abstract

The Impact of Strategic Foresight on Organizational Performance at Private Iraqi Commercial Banks

Author(s): Mohammed AbdulFattah Hammad, Rashad Mohammad Al-Sa'ed

The study aimed to examine the impact of strategic foresight dimensions (strategic vision, environmental monitoring, strategic choice, integration capabilities), on organizational performance (internal operations, learning and growth, customer satisfaction), at private Iraqi commercial banks, the questionnaire was used as a main tool to collect The data where the researcher distributed (126) questionnaires to the researched sample, (115) were retrieved represent (91.26 %), of the total distributed questionnaires to achieve the objectives of study. Statistical Package for the Social Sciences” (SPSS.V.25) used. The study revealed a number of results, the most prominent of which was the presence of a statistically significant effect at the significance level (a=0.05), of strategic foresight on organizational performance in Iraqi private commercial banks. The study was keen to present a set of recommendations, the most prominent of which was the development of the concept of strategic foresight among the leaders of banks, as well as the enhancement of the concept of organizational performance among employees.

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