A Study on the Managerial Competency Effect and Business Performance among Manufacturing Companies in China
DOI:
https://doi.org/10.56982/dream.v2i02.89Keywords:
Managerial competency, Business performance, Manufacturing companies, China, Talent managementAbstract
This conceptual research work explores the relationship between managerial competency and business performance among manufacturing companies in China. The manufacturing industry in China has been a significant contributor to the country's economic growth and global competitiveness. Managerial competency, referring to the knowledge, skills, and abilities possessed by managers, plays a vital role in effectively addressing challenges, capitalizing on opportunities, and driving sustainable business performance. This analysis draws on existing literature and theoretical frameworks to provide insights into talent management strategies, the influence of organizational culture and context, the role of knowledge sharing and collaboration, and the importance of continuous learning and development. The findings highlight the need for organizations to align their talent management practices with the specific competencies required in the manufacturing sector. Furthermore, the analysis emphasizes the mediating role of organizational culture and the impact of knowledge sharing and collaboration on the relationship between competency and performance. The importance of continuous learning and development for managers to adapt to the changing industry landscape is also underscored. The implications of the analysis provide practical guidance for managers, organizations, and future research in the field.
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