Strategic Management Practices and Productivity in Agribusiness Industry: A Literature Review

Purpose: This research critically analyzed existing literature on the influence of strategic management practices on the productivity of the agribusiness industry. Methodology: To accomplish this, a critical review of the literature was conducted on several specific objectives including establishing how strategic collaboration affects productivity, how strategic value chain management affects productivity, and how strategic technology adoption affects productivity of agribusinesses in the industry. The study only relied on secondary materials from past researches. The study retrieved and critically analyzed existing qualitative and relevant literature from 2018 to 2024. Findings: From the reviewed literature, a number of conclusions were drawn. The study found that using strategic collaboration as a strategic management practice is key in enhancing productivity in agribusiness industry. It found that those firms that uses strategic supply chain management a strategic management practice enhanced performance, however, paucity of studies were evident on the influence of strategic supply chain management on productivity in the agribusiness industry. Further, it is concluded that there was strong, direct relationships involving productivity, technology transfer and this is an indication that those agribusinesses that adopted technology are likely to improved productivity. Unique Contribution to Theory, Practice and Policy: Future research should prioritize empirically investigating the direct impact of strategic management practices on productivity within the agribusiness sector to effectively bridge the contextual and conceptual gaps identified in this review.