Revista de la Academia de Gestión Estratégica

1939-6104

Abstracto

The Second Order Confirmatory Factor Analysis Strategies Toward Sustainable Excellence in the Industrial Sector

Thanin Silpcha, Wisut Noongam

Increasing the efficiency of management of industrial business sector is the foundational growth of Gross National Product (GDP), which affects sustainable competitiveness of a country in a long term. The research objective is to study the management strategy toward sustainable excellence in the industrial sector. It is a survey research to collect quantitative data from 500 executives about quality systems and sustainability in industrial organizations by using Second order Confirmatory Factor Analysis, consisting of 5 elements: Planning, Digital Technology, Workforce, Customer Focus, and Leadership. The analyzed model shows evaluation criteria, consistent with the empirical data, Chi-square at the probability level at 0.077, Relative Chi-square is 1.125, Goodness of fit Index is 0.992, and Root Mean Square Error of Approximation is 0.016.

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