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Evaluating the Impact of Strategic Alignment on Performance Components of Iranian Pharmaceutical Companies Using
Simin Sadeghi1, Mahdi Mohammadzadeh1
1Department of Pharmacoeconomics and Pharma Management, School of Pharmacy, Shahid Beheshti University of Medical Sciences, Tehran, Iran.
Strategic alignment of human resources (HR), marketing, and information technology (IT) significantly boosts pharmaceutical company performance. This study demonstrates a strong association between coordinated HR, marketing, and IT strategies and improved profitability and revenue growth.
Area of Science:
- Business Administration
- Information Science
- Health Economics
Background:
- Sustainable performance in the pharmaceutical sector relies on integrating human resources (HR), marketing, and information technology (IT).
- Limited research exists on the combined impact of HR, marketing, and IT strategic alignment within Iran's pharmaceutical industry.
Purpose of the Study:
- To evaluate the relationship between strategic alignment of HR, marketing, and IT and organizational performance metrics.
- To assess the impact on profitability, liquidity, and revenue growth using machine learning.
- To validate model generalization and measurement accuracy.
Main Methods:
- A cross-sectional survey of 323 managers in Tehran Stock Exchange-listed pharmaceutical firms.
- Validated questionnaires were used to create composite indices for HR, marketing, and IT alignment.
- Organizational performance data (profitability, liquidity, revenue growth) were extracted from financial statements and analyzed using a feed-forward artificial neural network (ANN) with repeated cross-validation and bootstrap resampling.
Main Results:
- The study achieved strong aggregate model fit (R² = 0.91) with excellent generalization capabilities.
- The triadic alignment factor demonstrated the highest association with overall strategic alignment (R² = 0.76).
- Specific findings include organizational commitment's link to profitability (R² = 0.59) and aggressive marketing's link to profitability (R² = 0.66).
Conclusions:
- Machine learning analysis indicates a strong association between coordinated HR, marketing, and IT alignment and key performance indicators in the pharmaceutical industry.
- The study provides a robust, data-driven framework for enhancing managerial strategies in Iran's pharmaceutical sector.
- The validated instrument and rigorous methodology ensure reliability and practical applicability for improving business performance.
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