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Article
Publication date: 1 March 2007

The relationship of generic strategy typing and organizational longevity: A preliminary analysis in the comic book industry using the Miles and Snow typology

Milton Mayfield, Jacqueline Mayfield and David Stephens

To analyze the relationship between an organization's generic strategy and its longevity.

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Abstract

Purpose

To analyze the relationship between an organization's generic strategy and its longevity.

Design/methodology/approach

Companies in the USA, comic book industry were classified in the Miles and Snow generic strategic types. An ANOVA test was then used to determine the relationship between these strategic types and organizational longevity (time from market entry to exit).

Findings

Results indicate a significant link between strategic type and longevity. Organizational strategy accounts for 35 percent of the variance in longevity. Companies with a defender strategy had the greatest longevity, and prospectors had the shortest.

Research limitations/implications

The study is conducted in only one industry which may limit its generalizability.

Practical implications

This study provides insights into the role of organizational strategy on longevity, and can be used for strategic decision‐making as well as investment decisions.

Originality/value

This study is the first to link the Miles and Snow typology to organizational longevity. It also provides insights into the role of strategy in creative and knowledge‐based organizations.

Details

Competitiveness Review: An International Business Journal, vol. 17 no. 1/2
Type: Research Article
DOI: https://doi.org/10.1108/10595420710816641
ISSN: 1059-5422

Keywords

  • Competitive strategy
  • Analysis of variance
  • Comics
  • United States of America

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Article
Publication date: 28 April 2014

The impact of strategic consistency on market share and ROA

Larry P. Pleshko, Richard A. Heiens and Plamen Peev

The purpose of this paper is to take a contingency theory approach to examine how performance is affected by the relationships between the Miles & Snow strategic groupings…

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Abstract

Purpose

The purpose of this paper is to take a contingency theory approach to examine how performance is affected by the relationships between the Miles & Snow strategic groupings and a variety of marketing strategy concepts, including a firm's service focus, service growth, market coverage, marketing initiative, market growth, Porter strategy, and market orientation.

Design/methodology/approach

Data for the study were gathered from a statewide survey among 125 chief executives of credit unions belonging to the Florida Credit Union League (FCUL). ROA figures were derived from government-mandated accounting reports in the state of Florida. ANOVA and correlation analysis were employed to analyze data.

Findings

This study shows that firms that match an aggressive Miles and Snow profile with a more aggressive approach to seven other strategy dimensions often enjoy higher market share relative to credit unions characterized by a different alignment of the various aspects of marketing strategy. The results also suggest that achieving such a fit is not relevant to maximizing a firm's ROA.

Research limitations/implications

The research sample was biased toward medium to larger firms that may possess strategic resources superior to those of the smaller firms in the industry. Also, credit unions may tend to have somewhat less aggressive profit objectives compared to other institutions in the banking industry.

Practical implications

The findings outline to financial services executives the benefits of considering all dimensions of corporate strategy simultaneously, rather than one at a time.

Originality/value

The paper illustrates how aligning certain aspects of marketing strategy can boost particular performance indicators and provides insight as to what the most appropriate alignments are depending on the circumstances.

Details

International Journal of Bank Marketing, vol. 32 no. 3
Type: Research Article
DOI: https://doi.org/10.1108/IJBM-06-2013-0057
ISSN: 0265-2323

Keywords

  • Marketing strategy
  • Strategic fit
  • Firm performance
  • Credit unions
  • Miles and Snow typology
  • Porter typology

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Article
Publication date: 15 August 2016

Business strategy and firm performance: a multi-industry analysis

Jamil Anwar and SAF Hasnu

The purpose of this paper is to investigate the strategy-performance relationship in a multi-industry setting for joint stock firms operating in Pakistan using Miles and…

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Abstract

Purpose

The purpose of this paper is to investigate the strategy-performance relationship in a multi-industry setting for joint stock firms operating in Pakistan using Miles and Snow typology. The impact of firm size and industry on performance along with strategy is also investigated. The empirical research evidence on strategy-performance relationship for Miles and Snow typology is updated as well.

Design/methodology/approach

Scoring methodology is applied for identification of strategic types, including the reactor strategy. The consistency of the firms over time is also checked. Seven year archived financial data of 320 Pakistani joint stock firms from 12 industries are used for analysis. Descriptive statistics and analysis of variance is used for analysis.

Findings

Hybrid strategies are practiced by firms rather than pure strategies. The distribution of strategic types is uneven. There are mixed results for performance difference among strategic types for different industries and firm size. Defending and analyzing strategies are better than the prospecting strategies. Reactors performed better in some industries as well.

Originality/value

Proposed scoring methodology can be applied to identify all strategic types including reactors in the longitudinal studies. This can be replicated for other typologies or strategic group classifications. The process for identification of reactor strategy through a consistency check is a unique contribution to the literature, especially when archived financial data are used.

Details

Journal of Strategy and Management, vol. 9 no. 3
Type: Research Article
DOI: https://doi.org/10.1108/JSMA-09-2015-0071
ISSN: 1755-425X

Keywords

  • Performance
  • Strategy
  • Typology
  • Scoring methodology
  • Hybridization

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Article
Publication date: 1 October 2004

Competitive Strategies and Firm Performance

Fernando J. Garrigós‐Simón and Daniel Palacios Marqués

Our paper contrasts and validates the relevance of Miles and Snow (1978) and Robinson and Pearce (1988) strategic models, and their causal relationships with performance…

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Abstract

Our paper contrasts and validates the relevance of Miles and Snow (1978) and Robinson and Pearce (1988) strategic models, and their causal relationships with performance. The empirical study was carried out on a sample of 189 enterprises from the Spanish hospitality sector. The results confirm the relevance of both models, and the importance of the different strategies as a source to explain performance. The analysis uses structural equation models and variance analysis (ANOVA) methodologies.

Details

Management Research: Journal of the Iberoamerican Academy of Management, vol. 2 no. 3
Type: Research Article
DOI: https://doi.org/10.1108/15365430480000513
ISSN: 1536-5433

Keywords

  • Strategy
  • Spain
  • Hospitality sector
  • Modelling
  • Performance

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Article
Publication date: 1 July 2006

Perceptions of generic strategies of small and medium sized engineering and electronics manufacturers in the UK: The applicability of the Miles and Snow typology

Nicholas O'Regan and Abby Ghobadian

To present the main findings of a study conducted in manufacturing firms in the UK to determine the applicability of generic strategies to small and medium sized firms (SMEs).

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Abstract

Purpose

To present the main findings of a study conducted in manufacturing firms in the UK to determine the applicability of generic strategies to small and medium sized firms (SMEs).

Design/methodology/approach

The Miles and Snow strategic orientation typology was used to examine the emphasis on the factors used to craft strategy and its subsequent impact on organizational performance. The study examined its applicability in two contrasting sectors: engineering and electronics.

Findings

Based on the responses obtained from 194 SMEs, the findings indicate that the main strategic orientation types present in this study are associated with different environment types; prospectors tend to perceive their environment as “dynamic” whereas defenders perceive their environment as “stable”. Distinct differences were found in relation to the emphasis of both orientation types on leadership, culture, strategy, and performance outcomes. Finally, the findings indicate that “prospectors” perform better than “defenders” and are twice as likely to be high performing. Smaller firms are more likely to be “prospectors” compared with firms employing over 100 staff.

Originality/value

The study confirms the applicability of the Miles and Snow typology to SMEs – a domain neglected in previous studies. The findings also depict the association between the attributes of the operating environment, organizational culture, leadership and strategy on both defenders and prospectors and the path to either high or low performance.

Details

Journal of Manufacturing Technology Management, vol. 17 no. 5
Type: Research Article
DOI: https://doi.org/10.1108/17410380610668540
ISSN: 1741-038X

Keywords

  • Corporate strategy
  • Business performance
  • Small to medium‐sized enterprises

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Book part
Publication date: 1 January 2008

Chapter 14 Drivers of Strategic Direction in High Technology Small FirmsNicholas O’Regan et al.Drivers of Strategic Direction in High Technology Small Firms

Nicholas O’Regan, Abby Ghobadian and S. Jaseem Ahmad

Previous studies have shown that small- and medium-sized manufacturing firms make a substantial contribution to national economies in terms of job and wealth creation …

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Abstract

Previous studies have shown that small- and medium-sized manufacturing firms make a substantial contribution to national economies in terms of job and wealth creation (Daly & McCann, 1992; Schreyer, 1996). However, many smaller firms face unprecedented change arising from the increasingly competitive and changing environment in which they operate (Coopers and Lybrand, 1997; D’Aveni, 1994). Much of this competition often emanates from larger firms with greater resource capabilities. Firms of all sizes are increasingly turning to strategy as a means of achieving competitive advantage. Strategy research is mainly directed towards examining why firms differ in performance (Barnett & Burgelman, 1996; Schendel, 1996). Strategy has ‘undergone, in the 1990s, a major shift in focus regarding the sources of sustainable competitive advantage: from industry to firm specific effects’ (Spanos & Lioukas, 2001). This involves more than strategy formulation — it is about making choices based on competing alternatives and implementing the chosen direction using the organisational processes and systems (Shaw, Gupta, & Delery, 2002; Stopford, 2001). Other writers, such as Pettigrew and Fenton (2000), acknowledge that ‘soft’ aspects are an integral part of the evolutionary nature of strategy, and include cultural influences (Chakravarthy & Doz, 1992) and leadership (McNulty & Pettigrew, 1999).

Details

New Technology-Based Firms in the New Millennium
Type: Book
DOI: https://doi.org/10.1016/S1876-0228(08)06014-6
ISBN: 978-0-0805-5448-8

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Article
Publication date: 2 September 2019

Miles and Snow’s strategic typology redux through the lens of ambidexterity

Marc Sollosy, Rebecca M. Guidice and K. Praveen Parboteeah

The purpose of this paper is to link firms’ strategic archetypes as formulated by Miles and Snow (1978) to the more recent literature on organizational ambidexterity…

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Abstract

Purpose

The purpose of this paper is to link firms’ strategic archetypes as formulated by Miles and Snow (1978) to the more recent literature on organizational ambidexterity. Examining these obvious linkages, the paper also addresses how these firms address their entrepreneurial, engineering and administrative problem domains in relationship with the firm’s strategic archetype.

Design/methodology/approach

Data were collected from 503 firms across the US. Measures previously validated were used to collect information related to the strategic archetype as well as the three problem domains. Multiple discriminant and regression analyses were used to test the hypotheses.

Findings

Most of the hypotheses relating the entrepreneurial (exploration and exploitation), engineering (radical and incremental innovation) and administrative problem (adaptation and alignment) to the four strategic archetypes (defender, prospector, analyzer and reactor) were supported. Additionally, the authors found that the firms that had the closest alignment along the three problem domains outperformed the other firms.

Originality/value

Although the Miles and Snow typology has received considerable research attention, the obvious links with more contemporary research on organizational ambidexterity has been neglected. Through this integration, with more recent key strategic management concepts, this paper shows the utility and current relevance of the Miles and Snow archetypes.

Details

International Journal of Organizational Analysis, vol. 27 no. 4
Type: Research Article
DOI: https://doi.org/10.1108/IJOA-05-2018-1433
ISSN: 1934-8835

Keywords

  • Strategic management
  • Ambidexterity
  • Corporate strategy
  • Organizational ambidexterity

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Article
Publication date: 1 August 2016

Strategy-performance linkage: methodological refinements and empirical analysis

Jamil Anwar and SAF Hasnu

Strategic typologies are applied to investigate strategy–performance relationship. The typology of Miles and Snow (1978) is one of them, but the methodology applied for…

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Abstract

Purpose

Strategic typologies are applied to investigate strategy–performance relationship. The typology of Miles and Snow (1978) is one of them, but the methodology applied for identification of strategic types for archival financial data is questionable on three grounds: no standard procedure for categorization of strategic types; identification of reactor strategy is always ignored; and the behavior of firms’ strategic orientation over time is under-researched. Besides, the assumptions that viable strategies are expected to perform equally well, outperform reactors and distributed evenly are not overwhelmingly supported. The purpose of this paper is to address these issues.

Design/methodology/approach

A refined scoring methodology is developed and used for identification of all strategic types, including reactors, by investigating the consistency of the firms over time. Empirical analysis using seven years of data of 121 joint stock firms of the textile sector in Pakistan is performed to test the assumptions regarding presence, distribution and performance of strategic types.

Findings

There is significant difference in the distribution of the strategic types. Pure defenders and pure prospectors are non-existing, whereas a reasonable number of reactors are present. Overall difference in performance among strategies is generally insignificant and viable strategies outperformed reactors. The effect of size on performance is also insignificant. However, there is variation in performance of strategies with variation in size. Strategy is the better predictor of performance than size.

Originality/value

The transition of strategic stance of the firms over time and the identification of reactor strategy from archived financial data are the important outcomes of the proposed methodology. The proposed methodology can be used for any longitudinal study for identification of all possible strategic types and can also be used for any other typological research.

Details

Journal of Asia Business Studies, vol. 10 no. 3
Type: Research Article
DOI: https://doi.org/10.1108/JABS-07-2015-0096
ISSN: 1558-7894

Keywords

  • Strategy
  • Typology
  • Performance
  • SAS
  • Scoring methodology

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Article
Publication date: 13 April 2020

Exploring differences in competitive performance based on Miles and Snow's strategy typology for the semiconductor industry

Chinho Lin, Yu-Wen Chiu, Wen-Chieh Chen and Shu-Fang Ting

The aim of this article is to construct a performance evaluation framework that can be employed in companies to enhance their business operations and strengthen their…

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Abstract

Purpose

The aim of this article is to construct a performance evaluation framework that can be employed in companies to enhance their business operations and strengthen their financial advantage in the current environment. To validate the approach, a case example has been included to assess the practicality and validity of this approach when applied in a real environment.

Design/methodology/approach

This study focuses on an important part of the strategic planning process: internal scrutiny and environmental (external) scanning, in which an evaluation of company performance is divided into two stages by using network DEA and the cross-efficiency approach. In addition, this article employs Miles and Snow's typology for classifying the strategies used by companies.

Findings

The analytical results show that the proposed framework can be useful for companies seeking to evaluate which strategies may be the most appropriate, based on Miles and Snow's typology, to effectively reallocate limited resources.

Research limitations/implications

The evaluation in this study only uses financial data and does not take other nonfinancial indicators into consideration.

Originality/value

This research provides value by classifying each company included in the study in terms of its capability and financial efficiency according to Miles and Snow's system of strategy classification. Second, an internal and external performance measuring framework is constructed. Finally, some propositions for top management are provided by analyzing the financial advantages of using a performance evaluation framework that can help top management make decisions more objectively.

Details

Industrial Management & Data Systems, vol. 120 no. 6
Type: Research Article
DOI: https://doi.org/10.1108/IMDS-10-2019-0547
ISSN: 0263-5577

Keywords

  • DEA
  • Cross-efficiency analysis
  • Miles and Snow's typology strategy
  • Internal and external analysis

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Article
Publication date: 12 August 2014

Strategic positioning and strategic types of small firms

Ana María García-Pérez, Vanessa Yanes-Estévez, Juan Ramón Oreja-Rodríguez and Enrique González-Dávila

– The purpose of this paper is to study the strategic process of small- and medium-sized enterprises (SMEs) including strategic reference points (SRP) (Fiegenbaum et al., 1996).

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Abstract

Purpose

The purpose of this paper is to study the strategic process of small- and medium-sized enterprises (SMEs) including strategic reference points (SRP) (Fiegenbaum et al., 1996).

Design/methodology/approach

The paper identifies the strategic positioning of SMEs (Lavie and Fiegenbaum, 2000, 2003) according to the importance that their managers give to internal and external SRP. Their influence on strategic types (Miles and Snow, 1978) and performance are analysed. This study uses information, from 83 SMEs in the Canary Islands (Spain), collected with a questionnaire.

Findings

SMEs are primarily adaptive firms followed by narcissist ones: numerous SMEs focus their attention on internal SRPs. SMEs strategic positioning determines their strategic orientations to a much lesser extent than their characteristics (sector, size and age) do. The results show that product specialisation, the only difference between adaptive SMEs and narcissist and amorphous ones, is not evident in their performance.

Practical implications

Decision makers and institutions should reflect about the maturity of the strategic process and the adaptation dynamic of SMEs. The need for SMEs to focus on their external vision should be highlighted.

Originality/value

The study includes SRP in the strategic process of SMEs. It contributes to the literature by drawing a map of the strategic positioning of SMEs, based on their SRPs (Lavie and Fiegenbaum (2000, 2003) and by linking the strategic positioning of SMEs with their strategic types. It also has the value of applying the Rasch Rating Scale Model (Andrich, 1978, 1988).

Details

Journal of Small Business and Enterprise Development, vol. 21 no. 3
Type: Research Article
DOI: https://doi.org/10.1108/JSBED-04-2014-0056
ISSN: 1462-6004

Keywords

  • Performance
  • Rasch model
  • Strategic positioning
  • Strategic management
  • Strategic reference points
  • Strategic types

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