Dynamic Capabilities and Organisational Effectiveness of Insurance Companies in South-South Zone, Nigeria

This study was conducted to investigate the influence of dynamic capability on the organisational effectiveness of insurance companies in the South-South zone of Nigeria. The survey research design was used in this study. The population consisted of 164 managerial staff of insurance companies in the South-South zone of Nigeria, which also constituted the study’s sample size. A questionnaire served as the principal instrument for collecting data for the study. Hypotheses were tested using the multiple regression technique. The results of the analysis showed that, with an adjusted R square value of 0.715, dynamic capability has a significant positive influence on the organisational effectiveness of insurance companies in the South-South zone of Nigeria. It was concluded that dynamic capabilities can enhance the organisational effectiveness of insurance companies in this region. Based on findings, it was recommended that insurance companies in the South-South zone of Nigeria should pay close attention to their dynamic capabilities and create opportunities to develop and sustain these capabilities, given their importance in an increasingly volatile business environment.