Dynamic Capabilities and Organisational Success of Small Scale Businesses in Nigeria

This study examined the relationship between dynamic capabilities sensing, seizing, and resource reconfiguration and the profitability of small-scale businesses in Nigeria. A quantitative approach was adopted, utilising a sample of 189 businesses. The results revealed significant positive correlations between all three dynamic capabilities and profitability, underscoring their importance in achieving organisational success. Sensing capability was shown to enhance market responsiveness and innovation, while seizing capability enabled businesses to effectively mobilise resources to capitalise on opportunities. Resource reconfiguration emerged as a critical factor, with the strongest correlation to profitability, highlighting its role in enabling adaptability and sustained competitive advantage. The findings suggest that small-scale businesses with strong dynamic capabilities are better positioned to thrive in Nigeria’s dynamic and competitive environment. Recommendations include investing in market research, streamlining decision-making processes, and fostering a culture of innovation and flexibility.