Dynamic Capability and the Performance of West African Ceramics Limited Ajaokuta, Kogi State

Abstract

There is a steady increase in the rate of competitiveness in business owing to the reality of global dynamics, increased customers awareness and influence of advanced technology. This study titled: dynamic capability and performance of West African Ceramics Limited Ajaokuta, Kogi state   North-central Nigeria is written to examine the effect of dynamic capability on performance of manufacturing sub-sector in North-central Nigeria. The study adopts descriptive research design and  population of the study is 841 which cut across Management, senior and junior categories of employees in the company. However, considering the large size of the population the study adopt the Rakesh 2013 sample  size statistical formula to reach respondents numbering 280 through a structured questionnaire but only 244 respondents completed and returned their questionnaire given 84% retrieval rate. Pilot study was conducted using a test retest method and tested using Cronbach alpha to establish the reliability of the instrument. The instrument was also face and content validated. More so, survey research design was adopted, and the statistical tools used comprised descriptive and inferential statistics while hypotheses tested using linear regression analysis. Findings revealed that there is a significant positive relationship between adaptive capability and first pass yield  (r = .928, p-value <0.05) and that there is a significant positive relationship between absorptive capability  and cycle time  (r = .883 p-value <0.05).  In view of the findings, the study concludes that there is significant positive relationship between dynamic capability and performance of West African Ceramics Limited Ajaokuta Kogi State North-central Nigeria. Premised on the finding the study therefore recommends that manufacturing firms should strengthened their dynamic capability strategies to enable them  integrate their policies towards continuous monitoring of likely changes in the industry. This will guarantee the continuous performance improvement of the firms since industrial climate is becoming more dynamic.