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1 – 10 of over 4000Joshua Keller and Catherine Wu
Purpose – This chapter introduces two empirical models that could be used to examine the influence of Eastern and Western culture on strategic management: the cultural consensus…
Abstract
Purpose – This chapter introduces two empirical models that could be used to examine the influence of Eastern and Western culture on strategic management: the cultural consensus model (CCM) and the cultural mixture model (CMM).
Methodology/approach – We describe how strategic management scholars can use these models and suggest areas where these models can be of greatest use, including international market entry, international mergers and acquisitions and international alliances, global headquarters and subsidiary relationships, and corporate governance.
Findings – Originally developed by cognitive anthropologists and cultural psychologists, these models can measure domain specificity, scope, and heterogeneity of cultural influences within and across Eastern and Western societies; can address multilevel issues; and can measure an individual or firm's representativeness of the culture.
Social implications – This new research methodology can help strategic management researchers address the impact of “West meets East” on strategic management outcomes and processes.
Originality/value of chapter – The two empirical models provide methodologies that integrate qualitative and quantitative methods.
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Gerard P. Hodgkinson, Robert P. Wright and Jamie Anderson
Developments in the social neurosciences over the past two decades have rendered problematic the main knowledge elicitation techniques currently in use by strategy researchers, as…
Abstract
Developments in the social neurosciences over the past two decades have rendered problematic the main knowledge elicitation techniques currently in use by strategy researchers, as a basis for revealing actors’ mental representations of strategic knowledge. Extant elicitation techniques were advanced during an era when cognitive scientists and organizational researchers alike were preoccupied with the basic information of processing limitations of decision makers and means of addressing them, predicated on an outmoded conception of strategists as affect-free, cognitive misers. The need to adapt these techniques to enable the investigation of the emotional content and structure of actors’ mental representations is now a pressing priority for the advancement of theory, research, and practice pertaining to several interrelated areas of strategic management, from dynamic capabilities development, to upper echelons theory, to strategic consensus formation. Accordingly, in this chapter, we report the findings of two studies that investigated the feasibility of adapting the repertory grid, a robust method, widely known and well used in strategic management, for this purpose. Study 1 elicited a series of commonly mentioned strategic issues (the elements) from a sample of senior managers similar in composition to the sample recruited to the second study. Study 2 participants evaluated the elements elicited in Study 1 in relation to a series of researcher-supplied bipolar attributes (the constructs), based on the well-known affective circumplex model of human emotions. In line with expectations, a series of vector-based multivariate analyses revealed a number of interesting similarities and variations among participants in terms of the basic structure and emotional salience of the issues under consideration.
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Jerayr Haleblian and Nandini Rajagopalan
In our framework, we examine the influence of both reactive and proactive cognitive variables on strategic change. Reactive sources that impact strategic change are perceptions…
Abstract
In our framework, we examine the influence of both reactive and proactive cognitive variables on strategic change. Reactive sources that impact strategic change are perceptions and attributions – cognitions that determine the “what” and the “why” of performance. Perceptions are first-order cognitions that assess what is the performance feedback: positive or negative? After performance feedback is perceived, attributions are second-order cognitions that attempt to establish why the performance is positive or negative.
Donald C. Hambrick and Craig Crossland
Despite widespread interest in “behavioral strategy,” it is not clear what this term, or its associated academic subfield, is all about. Unless a critical mass of scholars can…
Abstract
Despite widespread interest in “behavioral strategy,” it is not clear what this term, or its associated academic subfield, is all about. Unless a critical mass of scholars can agree on the meaning of behavioral strategy, and professionally identify with it, this embryonic community may face a marginal existence. We describe three alternative conceptions for the academic subfield of behavioral strategy, along with assessments of the pros and cons of each. The “small tent” version amounts to a direct transposition of the logic of behavioral economics to the field of strategic management, specifically in the style of behavioral decision research. The “midsize tent” view is that behavioral strategy is a commitment to understanding the psychology of strategists. And the “large tent’ view includes consideration of any and all psychological, sociological, and political factors that influence strategic outcomes. We conclude that the midsize tent represents the best path forward, not too narrow and not too broad, allowing rich scope but with coherence. The large tent conception of behavioral strategy, however, is not out of the question and warrants serious consideration.
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Violina P. Rindova and Luis L. Martins
By theorizing choice as an information and decision problem, behavioral strategy research has not considered fully the agentic capacities of strategists. We argue that agentic…
Abstract
By theorizing choice as an information and decision problem, behavioral strategy research has not considered fully the agentic capacities of strategists. We argue that agentic capacities are distinct from decision-making and information-processing capacities as they rest on temporally anchored engagements with the world through habit, imagination, and judgment. We propose that understanding agency as temporally anchored action capacities is particularly important for research in behavioral strategy, as strategic phenomena encompass accumulated experience and path-dependencies (the past), ongoing competitive, market, and organizational interactions and exchanges (the present), and plans, visions, and forecasts for the future (the future). We outline how strategic choice and agency involve cognitive engagement in the three time horizons through distinct cognitive capabilities and the organizational processes that support them.
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Mason A. Carpenter and Gregory P. Reilly
Upper echelons research considers the relationship of top executives to organizational attributes or outcomes, vis-à-vis, their individual or group demographic characteristics…
Abstract
Upper echelons research considers the relationship of top executives to organizational attributes or outcomes, vis-à-vis, their individual or group demographic characteristics such as tenure or experience. The upper echelons perspective is typically associated with the theorizing of Hambrick and Mason in their 1984 Academy of Management Review article, but also has much broader and deeper organizational theory roots as demonstrated by Pfeffer's (1983) earlier exhaustive review of organizational demography. Since the early 1980s, hundreds of upper echelons studies have been published – some explicitly invoking the upper echelons theoretical perspective, while others employing its underlying methodology of relying on executive demographic characteristics as proxies for executive and top management team (TMT) related constructs. This chapter examines three important features and their related challenges and opportunities in future upper echelons research. Specifically, we focus on (1) the identification of upper echelons constructs, (2) embedding those constructs in a meaningful way to develop new theory or better our understanding of extant theory, and (3) the related operationalization and measurement of those constructs that are eventually included in qualitative and quantitative analyses using TMT demographics. We conclude our chapter by drawing these three features together to provide a benchmark process to gauge the theoretical and methodological contributions of upper echelons-related work, and ultimately improve the chances of getting such research published.
Francesca Visintin and Daniel Pittino
In this chapter we aim at examining the influence of early top management teams (TMTs) on the growth performance of university-based spin-off firms, presenting an empirical…
Abstract
In this chapter we aim at examining the influence of early top management teams (TMTs) on the growth performance of university-based spin-off firms, presenting an empirical research on spin-off companies in Italy. The chapter proceeds along the following lines. First we describe the context of analysis, briefly reviewing the literature on TMT and performance. In the second section we outline the hypotheses of our research. The third section describes the sample and the method for the empirical analysis. The fourth section presents and discusses the results. In the last section we highlight the main implications and limitations of our results and suggest further lines of research.
Brian J. Collins, Timothy P. Munyon, Neal M. Ashkanasy, Erin Gallagher, Sandra A. Lawrence, Jennifer O'Connor and Stacey Kessler
Teams in extreme and disruptive contexts face unique challenges that can undermine coordination and decision-making. In this study, we evaluated how affective differences between…
Abstract
Purpose
Teams in extreme and disruptive contexts face unique challenges that can undermine coordination and decision-making. In this study, we evaluated how affective differences between team members and team process norms affected the team's decision-making effectiveness.
Approach
Teams were placed in a survival simulation where they evaluated how best to maximize the team's survival prospects given scarce resources. We incorporated multisource and multirater (i.e., team, observer, and archival) data to ascertain the impacts of affect asymmetry and team process norms on decision-making effectiveness.
Findings
Results suggest that teams with low positive affect asymmetry and low process norms generate the most effective decisions. The least effective team decision performance occurred in teams characterized by high variance in team positive affectivity (high positive affect asymmetry) and low process norms. We found no similar effect for teams with high process norms and no effect for negative affect asymmetry, however, irrespective of team process norms.
Originality
These findings support the affect infusion model and extend cognitive resource theory, by highlighting how affect infusion processes and situational constraints influence team decision-making in extreme and disruptive contexts.
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This article examines the effect of the customer focus (CF) group of competencies, which includes communication and negotiation skills, on project performance as measured by…
Abstract
Purpose
This article examines the effect of the customer focus (CF) group of competencies, which includes communication and negotiation skills, on project performance as measured by reaching the internal and the overall budget, the quality, and the deadline goals.
Methodology/approach
The multiple regression model was based on a dataset from Trimo, an engineering and production company of prefabricated buildings.
Findings
The inverted U-shaped relationship of the CF group has been proven to exist with all project goals.
Research implications
The present study provides a starting-point for further empirical research on the international construction sector, projects, teams, and competence research.
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Claudia Bird Schoonhoven and Jennifer L. Woolley
Assessing the literature on top management teams (TMTs) published through 2004, we found a predominantly U.S.-centric set of studies on TMTs and the upper echelons perspective…
Abstract
Assessing the literature on top management teams (TMTs) published through 2004, we found a predominantly U.S.-centric set of studies on TMTs and the upper echelons perspective (Hambrick & Mason, 1984). Through 1996, this literature was virtually silent on the impact of increasing globalization of economic transactions on TMTs – surprising given emphases in strategy on multinational firms, their organizational forms, and modes of entry into foreign markets. We identify critical areas for research on international dimensions of TMTs, their relationships to national and organizational contexts, and their influence on firm outcomes in a world increasingly populated by firms addressing global markets.