The Participatory Management Model and Networking for Competitive Advantage of Community-Based Cluster in Phatthalung
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Abstract
The competitive advantage is an essential factor for high organizational performance that needs to achieve and also capture the attention of researchers and policymakers. Thus, the current research investigates the impact of employee involvement in a business decision, employee training and reward and business and social networking on the competitive advantage of the business community in Phatthalung, Thailand. This research also investigates the mediating role of business competencies among the links of employee involvement in a business decision, employee training and reward, business and social networking and competitive advantage of the business community in Thailand. This research has followed the surveys questionnaires to obtain the data from the respondents and also used the smart-PLS for analysis purpose. The findings indicated that employee involvement in a business decision, employee training and reward and business and social networking have a positive association competitive advantage of the business community in Thailand. The results also exposed that business competencies positively mediate the links among employee involvement in a business decision, employee training and reward, business and social networking and competitive advantage of the business community in Thailand. This research is valuable for regulators while developing policies related to competitive advantage.
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