Abstract
This study aims to present a clear perspective of the role played by dynamic capabilities in achieving organizational strategic renwal. For this purpose, the study introduced a comprehensive framework for the most important contributions of researchers about the variables of the study, supported by an analytical framework of the opinions of 171 university leaders (Deans, Dean assisstents and heads of departments) in 26 colleges of Al-Qadisiyah and Al-Muthana universities.The study addressed the dynamic capabilities as an independent variable through five dimensions, four of which are within the first order construct: sensing, learning, integrating, coordinating capabijity; and the fifth is within the second order construct which is reconfiguration capabijity. The strategic renewal was taken as a dependent variable with two dimensions: exploitative strategic renewal and explorative strategic renewal.The study used the questionaire as a main tool to collect data relative to its variables. Results showed a significant correlation between the dynamic capabilities with their various dimensions and the strategic renewal with its two dimensions.The study suggests a number of recommondations like the necessity of creating a clear and shared understanding among employees of the two universities about their strategic directions through involvement in the process of developing strategies related to their exploitative and exploratory activities and enable them to make decisions that support their dirrection toward innovation acticites.