Impact of Strategic Management Practices on the Financial Performance with Moderation of Business Intelligence and the Government Intervention in the UAE SMEs

Abstract

Over the last 20 years, Abu Dhabi, the capital of the United Arab Emirates, has seen a dramatic transformation in terms of both economic and social growth, becoming one of the busiest cities in the world. Globalization, plummeting oil prices, Middle Eastern unrest, the global financial crisis, and the desire of the Abu Dhabi government to diversify its economy and lessen its reliance on the oil and gas sector have all shown that strategic management is urgently needed throughout the UAE and Abu Dhabi in particular. Political stability is higher in the UAE, and diversification initiatives offer circumstances that are equivalent for researching planning among local organizations. The United Arab Emirates are expanding its economy beyond oil to include services, the leisure sector, financial services, and a prime geographic location. The supporting theories include things like the strategic management theory and its justifications. Business intelligence serves as a moderating factor in the mode of financial performance's influence on strategic management activities (defining objectives, studying the competitive environment, analyzing the internal organization, evaluating strategies, and strategies circulation).