Human resources, financial resources and strategic performance: organisational policy as Moderator

The paper examined the direct relationship and the moderating effect of organizational policy in the relationship between human resources, financial resources and strategic performance. The survey method was used to collect data from employees of all the four multinational firms operating in the mobile telecommunication sector in Nigeria. Quantitative method was used to analyse resultant data. The results suggest that human resources and financial resources contributes positively and significantly to strategic performance. Additionally, organizational policy moderates the relationship between human resources, financial resources and strategic performance. The data used were collected from mobile telecommunication firms in Nigeria which limits the generalization of these findings beyond this context. Future studies should explore tangible, intangible resources and capabilities in other sectors such as manufacturing, financial institutions among others, and in other countries. Drawing on the resource-based view and the contingency perspective, the study provides useful insights on the moderating effect of organisational policy in the relationship between human resources, financial resources and strategic performance in the African context.