COMPARATIVE ANALYSIS OF STRATEGIC THINKING DIMENSIONS AMONG BANKING EXECUTIVES OF A SOUTHEAST ASIAN STABLE EMERGING ECONOMY AND AN ARAB DEVELOPING COUNTRY
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Abstract
There is a lack of consensus regarding the specific sub-dimension of strategic thinking that universally applies across all contexts. This indicates that our comprehension of strategic thinking has not yet reached a fully developed stage. Drawing on strategic thinking dimensions: creativity, conceptual thinking, system thinking, opportunism, visionary, reframing, reflection, intent-focused, futurism, and thinking in time. The research investigates the dimension of strategic thinking within the context of banking executives in Malaysia and Palestine. The study employs a case study approach, utilising a qualitative methodology to gather and analyse data. Purposive sampling was used to interview 50 executives from 33 different banks in Malaysia and 17 from Palestine. According to the findings, there were variations in the ranking of strategic thinking dimensions among Malaysian and Palestinian executives. However, there was consensus among them on five significant dimensions: vision, creativity, conceptual thinking, futurity, and opportunity. Additionally, Palestinian executives identified a sixth dimension called "intent-focus," which was not chosen by their Malaysian counterparts. The findings might extend the existing literature on strategic thinking by providing comparative evidence from countries characterised by stable emerging economies (Malaysia) and unstable developing countries (Palestine).
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