Organizational resources enabling service responsiveness: Evidence from Greece |
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Authors: | Vasilis Theoharakis Graham Hooley |
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Affiliation: | a Athens Laboratory of Business Administration (ALBA), Athinas & Areos 2A, Vouliagmeni 166 71, Athens, Greece b Aston Business School, Aston University, Birmingham, B4 7ET, UK |
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Abstract: | This article examines the implementation of relationship marketing strategy based on a sample of business-to-business firms operating in Greece. Organizational resources, including a focus on learning and flexibility/adaptation in strategic planning, are demonstrated to be antecedents of effective relationship marketing strategies. The possession of these resources lead to superior customer performance (as measured by customer satisfaction and loyalty) and, ultimately, superior financial performance (as measured by profit levels, profit margin, and ROI). Our results provide support for the development of organizational resources that foster and enable relationship marketing in business-to-business environments since such resources are linked with improved firm performance. |
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Keywords: | Strategic flexibility Relationship marketing Customer responsiveness Organizational learning |
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