Competitive advantages of Ha’il in the light of 2030 vision: managing the economic ecosystem according to sustainable strategic management

Talal M. Alsaif (), Usama M. Ibrahem (), Ibrahim A. Al-Hamad () and Rabab A. Abdulkader ()
Additional contact information
Talal M. Alsaif: University of Ha’il-KSA
Usama M. Ibrahem: Educational Technology Professor at University of Ha’il-KSA & Suez Canal University–Egypt
Ibrahim A. Al-Hamad: University of Ha’il-KSA
Rabab A. Abdulkader: University of Ha’il- KSA

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2025, vol. 27, issue 10, No 87, 25499-25523

Abstract: Abstract The study aimed to assess Ha’il’s economic advantages, including quality, cost reduction, innovation, responsiveness, and value. It analyzed the region's progress toward these advantages based on the 2030 Vision and strategic development initiatives. A descriptive correlational study was conducted, involving 269 managers, and field study data were analyzed using descriptive correlational analysis. The conclusions and findings of the study contribute to understanding and shaping the reality of Ha’il’s economic landscape. The study employed a questionnaire to examine Ha’il’s economic ecology, strategic development strategy, and competitive edge in light of the 2030 Vision. The findings indicated that Ha’il has made improvements in local supply chains, economic diversity, strong local suppliers, global integration, labor market-aligned education, product diversification, and regional security. However, the study also highlighted areas where Ha’il’s economy needs further improvement in order to effectively compete and attract investment. These areas include poor regulation, market management, and IT implementation, which have favored specialists and strategic approaches. The research findings indicated that Ha’il institutions possess strengths that give them a competitive edge. They excel at resource gathering and efficiency improvement, as reported by the respondents. Organizations in Ha’il utilized their strengths to adapt to market demands. The survey results also revealed that Ha'il firms have a clear vision, goals, and well-known staff and consumers. Additionally, the study identified the university's desire for manufacturing excellence. Strategic planning in Ha'il focuses on the external environment and differentiation, prioritizing factors like quality, innovation, and adaptability, which greatly benefit firms. The study highlighted the intimate connection between Ha'il's unique features and the external environment, emphasizing the importance of business ecosystems for economic growth and corporate competitiveness.

Keywords: Competitive advantage; Strategic development planning; Economic ecosystem; Continuous sustainable improvement; Kingdom’s 2030 Vision; And sustainable strategic management (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s10668-024-04566-w Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:endesu:v:27:y:2025:i:10:d:10.1007_s10668-024-04566-w

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/10668

DOI: 10.1007/s10668-024-04566-w

Access Statistics for this article

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development is currently edited by Luc Hens

More articles in Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().