International Journal of Academic Accounting, Finance & Management Research (IJAAFMR)   Year: 2023 | Volume: 7 | Issue: 1 | Page No.: 94-108 Strategic Leadership and Organizational Resilience of Pharmaceutical Firms in South-West Nigeria Download PDF Olanrewaju, Hazeez Akinremi and Professor Olori, Williams O. Abstract: This study examined the relationship between strategic leadership and organizational resilience of pharmaceutical firms in South-West Nigeria. The study applied a cross-sectional survey research design. A total of two hundred and twenty-five (225) owners, managers and supervisors of pharmaceutical firms in South-West Nigeria, constituted the population size. The hypotheses formulated for the study were tested using Structural Equation Modelling (SEM). The outcome of the analysis revealed a significant positive association between the sub-constructs of strategic leadership (managerial wisdom and ethical practices) and those of organizational resilience (adaptive capacity and innovativeness). It was concluded that strategic leadership drives organizational resilience of pharmaceutical companies in South-West Nigeria. Thus, it is recommended that owners, managers, and supervisors of pharmaceutical firms should: develop managerial wisdom to help build a resilient company; which can be achieved committing to regular management development training and learning, as this will provide the necessary managerial wisdom to effectively pick cues from industry events, predict the possible direction of the industry, and reconfigure processes and resources (both human and material) to ensure the business remains ahead of any eventualities; and undertake regular ethics training in order to improve the abilities of personnel at all levels, increase the company's resilience in the face of shocks, and foster a culture of shared awareness and weakness management.