The Relationship Between Strategy, Reward and Organisational Performance: An Empirical Investigation

Abstract: This study examines the association between reward practices and firm performance based on the type of strategy being used by the firm. Based on a model developed for this study, the paper uses empirical research to determine the relationship between organisational strategy, reward practices and performance. The study identifies different kinds of reward practices that are closely associated with each of the four generic strategies, which are significantly related to higher levels of perceived performance of firms in Saudi Arabia. The study concludes by identifying by identifying limitations and presenting directions for future research. Key words: Generic strategy % Rewards % Performance % Saudi Arabia INTRODUCTION having the largest reserves of petroleum in the world A number of organisational strategies have been largest exporter of petroleum and plays a leading role in identified over the years [1, 2, 3]. Yet, Porter's generic OPEC. However, to lessen the Kingdom’s dependence on strategies remain the most commonly supported and oil and increase employment opportunities for the identified in academic studies [4, 5] as well as in the swelling Saudi population, the government has bee