Mutual interests management with a purposive approach: Evidence from the Turkish shipyards for an amorphous impact model between (subjective) well‐being and performance

Abstract

To enhance the academic endeavours confronting the globalisation of managerial orthodoxy (predicated on antagonising the interests of companies and employees), we will investigate the relationship between institutional performance and employees' (subjective) wellbeing in Turkish shipyards by undertaking an extensive survey. We will argue that there is a positive association between the two covariates that lends itself to a conceptual frame of Mutual Interests Management (MIM). The MIM refers to the managerial impacts that result in cross-fertilisations between the interests of companies and employees. However, we will also argue that MIM has a dynamic and amorphous character in the sense that no correlation whether it be positive, negative or the lack of thereof necessarily survives through our purposive analyses with the trial of various interaction models among the specific types and combinations of variables considered. Accordingly, the conclusion stresses that the amorphous nature of MIM can be adapted by the managers at company-level to tailor or innovate feasible MIM strategies.