Fostering Innovation Leadership Culture and Balanced Scorecard Performance in Life Insurance Agencies: Insights from Malaysia

This study investigates the relationship between effectiveness of innovation leadership culture on balanced scorecard performance in life insurance companies in Malaysia Innovation leadership culture refers to the organizational ethos that promotes and sustains innovation through leadership practices, while BSC performance represents the holistic measurement of organizational success across financial, customer, internal business process, and learning and growth perspectives. Drawing on a review of existing literature and empirical data analysis, this research examines how innovation leadership culture influences various dimensions of BSC performance. This research uses quantitative analysis. The population of the research is among agencies sales manager in life insurance companies that register under LIAM. The findings highlight the critical role of innovation leadership culture in fostering organizational innovation and its subsequent impact on BSC performance. The results contribute to both theoretical understanding and practical implications for organizations seeking to enhance their innovation capabilities and improve performance measurement through the Balanced Scorecard framework.

Authors

Publication Details

Journal
International Journal of Academic Research in Business and Social Sciences
Published
2024-09-01
DOI
https://doi.org/10.6007/ijarbss/v14-i9/22792
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
0.00

Funders

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article

Fostering Innovation Leadership Culture and Balanced Scorecard Performance in Life Insurance Agencies: Insights from Malaysia

Nor Adilla Tajarahim, Norfarah Syahirah Mohd Fadzilah, Tun Mohd Firdaus Azis, Tun Norasida Aziz
International Journal of Academic Research in Business and Social Sciences
Islamic Finance and Banking Studies
article

Fostering Innovation Leadership Culture and Balanced Scorecard Performance in Life Insurance Agencies: Insights from Malaysia

Nor Adilla Tajarahim, Norfarah Syahirah Mohd Fadzilah, Tun Mohd Firdaus Azis, Tun Norasida Aziz
article en

Abstract

This study investigates the relationship between effectiveness of innovation leadership culture on balanced scorecard performance in life insurance companies in Malaysia Innovation leadership culture refers to the organizational ethos that promotes and sustains innovation through leadership practices, while BSC performance represents the holistic measurement of organizational success across financial, customer, internal business process, and learning and growth perspectives. Drawing on a review of existing literature and empirical data analysis, this research examines how innovation leadership culture influences various dimensions of BSC performance. This research uses quantitative analysis. The population of the research is among agencies sales manager in life insurance companies that register under LIAM. The findings highlight the critical role of innovation leadership culture in fostering organizational innovation and its subsequent impact on BSC performance. The results contribute to both theoretical understanding and practical implications for organizations seeking to enhance their innovation capabilities and improve performance measurement through the Balanced Scorecard framework.

International Journal of Academic Research in Business and Social SciencesVol. 14(9)
Universiti Tunku Abdul Rahman
Decent work and economic growth
Openalex Percentile: Top 75%
Islamic Finance and Banking Studies
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