Top Management Team Diversity (TMTD) and Innovativeness on Performance in Namibia Private Organisations

Abstract

The research tested the statistical assumptions with objective top management demographic data and performance indicators from private sector organisation from 28 surveyed teams with 133 top managers participating, and document search of 231 teams selected, with 1742 participants in total. After generating eight stepwise regression models, propositions based on the model, found that TMTD has no significant impact on organisational performance, in isolation. Namibian TMTs prefer technical capabilities as the main driver for innovativeness, and in the same spirit need the right amount of fault-line stimulation and diversity management interventions to perform. The study found that demographic characteristics might influence team cognitive ability, character, and functional knowledge but team innovativeness and performance are influenced by managing team characteristics, and contextual factors.