International Journal of Instructional Cases (IJIC)

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Drivers of Strategic Agility: HRD Interventions and Financial Performance in Xiaomi Auto Supply Chain Listed Entities

Zhuang Guo
Phd candidate, Graduate School of Management, Siam University Bangkok, Thailand.10160.
Pattsornkun Submahachok
Dr., Graduate School of Management, Siam University Bangkok, Thailand.10160.
Chaiyanant Panyasiri
Associate Professor, Graduate School of Management, Siam University Bangkok, Thailand.10160.
Maneekanya Nagamatsu
Assistant Professor, Business Administration Department Southeast Asia university 19/1 Phetkssem road, Nong Khaem, Bangkok 10160.

Abstract

This study explores the determinants of strategic agility among publicly listed suppliers within Xiaomi Auto’s electric vehicle (EV) supply chain, with a specific focus on the joint effects of Human Resource Development (HRD) interventions and financial performance. In the context of the EV sector’s rapid technological change and market uncertainty, strategic agility has become a critical capability for sustaining competitiveness. Drawing on Dynamic Capabilities Theory and Human Capital Theory, the study employs a quantitative, deductive approach using secondary panel data spanning 2019 to 2023. The sample comprises five core suppliers in Xiaomi’s EV ecosystem: CATL, Desay SV, Goertek, Sunny Optical, and Luxshare Precision. Strategic agility is measured through Return on Assets (ROA), with explanatory variables including R&D Intensity, Inventory Turnover, Training Cost per Employee, Revenue per Employee, and Total Assets (as a control). The analysis applies descriptive statistics, Pearson correlation, multiple linear regression, and collinearity diagnostics through variance inflation factor and condition index measures. Results indicate that Inventory Turnover and R&D Intensity significantly improve ROA, whereas HRD variables, despite strong correlations, are affected by multicollinearity. The findings offer practical implications for how operational efficiency and workforce investment jointly influence agility within high-technology supply networks.

Keywords:Strategic Agility, Human Resource Development, Financial Performance, Xiaomi Auto, Supply Chain Management.