LONG-TERM STRATEGIES FOR THE SUSTAINABILITY ENDOWMENT MANAGEMENT IN THE SULTANATE OF OMAN: DOES LEADERSHIP SKILLS MATTER?

Abstract

This study is conducted to investigate whether job position mediate the influence of long-term strategy towards sustainability endowment management in the Sultanate of Oman. A total of 134 from 11 Endowment Departments in the Ministry of Endowment and Religious Affairs of Oman. One Sample t-test and mediating testing using SPSS Process Macro Model 4 were used to analyse the data. The study reveals that respondents viewed positively about endowment management in sustainable ways. However, the main issue that make them difficult to implement it is lack of information regarding how to start sustainable endowment management practices. Next, this study discovers that technology strategy, communication strategy, and leadership skills significantly influence sustainability endowment management. Consistent with Resource-Based View Theory, the result reveals that leadership skills mediates the relationship between technology strategy and communication strategy towards sustainability endowment management. This study argues that when leaders possesses the right skills, they will gain a better sense of their values and specialties and subsequently, they may develop opportunities and long-term strategy in achieving sustainable endowment management. This study is significant to the Ministry to know exactly how long-term strategy could enhance the sustainability of endowment management and will assist on the human talent planning and appointing the right person for the right position to manage the endowment assets and funds.