5. Conclusion and discussion
According to Moorman and Day (2016), it is important to study how the interaction and integration of the MARKORG elements—firm capabilities, capabilities configuration, human capital, and culture—- contribute to marketing excellence and firm performance. Using outside-in strategic view (Day, 1994, 2011) as a theoretical lens, we investigate the mediating role of inside-out marketing capability and strategic flexibility, and moderating role of transformative leadership and employee proactivity in the relationship between outside-in marketing capability and firm performance. Our research has both novel theoretical and practical implications.
5.1. Theoretical implications
Our research advances the study of interaction of different MARKORG elements and firm performance in several ways. First, our research not only shows that outside-in marketing capability is a vital source of competitive advantage but also explains the mechanism by which outside-in marketing capability impacts firm performance. In particular, we show that outside-in marketing capability enables a firm to build superior inside-out marketing capability as well as flexibly allocate resources according to changing market needs. This ability to change functional marketing capabilities and redeploy existing resources according to changing market conditions helps deliver superior customer value which translates into superior firm performance.