COLLABORATION AND ORGANIZATIONAL SURVIVAL OF INDIGENOUS OIL AND GAS COMPANIES IN PORT HARCOURT
Abstract
This study, using empirical means, examined the relationship between collaboration conflict strategy and organizational survival of indigenous oil and gas companies in Port Harcourt. The study adopted a cross-sectional survey in its investigation of the variables. Primary data was generated through self-administered questionnaire. The population for the study was two hundred and sixty four (264) employees of seven (6) selected of indigenous oil and gas companies in Port Harcourt. The sample size of 159 was determined using the Taro Yamane’s formula for sample size determination. The reliability of the instrument was achieved by the use of the Cronbach Alpha coefficient with all the items scoring above 0.70. The hypotheses were tested using the Spearman’s Rank Order Correlation Coefficient with the aid of Statistical Package for Social Sciences. The result from the analysis showed that there is a significant relationship between collaboration conflict strategy and the measures of organizational survival (adaptability, dynamic capability and growth). Given these findings, it was concluded that collaboration strategy significantly relate with organizational survival. It was recommended that management of oil and gas companies should adopt increased application collaboration strategies in managing conflict to ensure that the organization avoids litigation through increased application of mediation, concession tactic, persuading tactic and other forms of negotiation.
Key Words: Organizational Survival, Adaptability, Dynamic Capability, Organization Growth, Collaboration Conflict
CITATION: Kobani, B. P. (2020). Collaboration and organizational survival of indigenous oil and gas companies in Port Harcourt. The Strategic Journal of Business & Change Management, 7(1), 387 – 398.
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DOI: http://dx.doi.org/10.61426/sjbcm.v7i1.1534
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