1,721,245 research outputs found
Multiple futures of strategy synthesis: Shifting boundaries, dynamic capabilities and strategy configurations
No full text
Prevention Focus as an Overlooked Benefactor: An Investigation into Its Role as an Antecedent of Management Team Accountability
Full text linkDespite management scholars’ recent interest in regulatory focus theory, existing research has predominantly explored the beneficial effects of a promotion focus. Conversely, research—especially empirical research—on the benefits of a prevention focus within organizational settings remains relatively scarce. In this study, the authors utilized survey data from 145 Dutch companies to examine the positive effects of general managers’ prevention focus on the accountability of their management teams. This chapter advances our understanding by demonstrating that both dimensions of regulatory focus offer distinct benefits, highlighting the need for a more balanced approach to theory development in this area of study.<br/
Coevolutionary Competence in the Realm of Corporate Longevity: How Long-lived Firms Strategically Renew Themselves
Full text linkUnderstanding the phenomena of corporate longevity and self-renewing organizations has become an important topic in recent management literature. However, the majority of the research contributions focus on internal determinants of longevity and self-renewal. Using a co-evolutionary framework, the purpose of this paper is to address the dynamic interaction between organizations and environments in the realm of sustained strategic renewal, i.e. corporate longevity. To this end, we will focus on the competence of long-lived firms to coevolve due to the joint effect of managerial intentionality and environmental selection pressures. Building on coevolutionary framework, we develop a conceptual framework that highlights an organization’s coevolutionary competence. Two longitudinal case studies are presented illustrating the arguments.strategic renewal;corporate longevity;competence-based management;adaptive open systems;coevolutionary competence
The Influence of Top Management Team’s Corporate Governance Orientation on Strategic Renewal Trajectories
Full text linkUsing the upper echelons perspective together with corporate governance and strategic renewal literature, this paper investigates how top managers’ corporate governance orientation influences a firm’s strategic renewal trajectories over time. Through both a qualitative analysis (1907-2004) and a quantitative analysis (1959-2004), we investigate this under-researched question within the context of a large incumbent firm: Royal Dutch Shell plc. Our results indicate that top managers having an Anglo-Saxon corporate governance orientation are more likely to pursue exploitative and external-growth strategic renewal trajectories, while those having a Rhine corporate governance orientation are more likely to pursue exploratory and internal-growth strategic renewal trajectories. We also found a positive moderating effect of the proportion of shareholders from the Anglo-Saxon countries on exploitative and external-growth strategic renewal trajectories. Our findings indicate that top managers’ corporate governance orientation can be an important antecedent of strategic renewal and of organisational ambidexterity, both of which influence corporate longevity.corporate governance;strategic renewal;exploitation and exploration;Royal Dutch Shell;top management team;upper echelons perspective
The Impact of Corporate Venturing on a Firm’s Competence Modes
Full text linkIn this conceptual paper we investigate how corporate venturing influences an organization’s competences. The impact of various types of corporate ventures on the portfolio of strategic options of a firm’s competence modes (Sanchez, 2004a; Sanchez and Heene, 2002) will be assessed by distinguishing two fundamentally different dimensions of corporate venturing, technology and product (Block & MacMillan, 1993). We argue that the level of product and factor market dynamism mediates the effect of corporate venturing on a firm’s competence modes. Corporate ventures that significantly increase the level of product or factor market dynamics will lead to an increased flexibility in all five competence modes. These ventures will have a direct effect on the lower-order competence modes and an indirect, lagged effect on higher-order competence modes through feedback loops. The developed framework and the propositions contribute to managing the ability of a firm to change its coordination-, resource and operating flexibility in order to sustain value creation.flexibility;corporate venturing;competence-based management;product and factor market dynamism
Engaging environmental turbulence: Organizational Determinants for Repetitive, Quick and Adequate Responses
Full text linkA common challenge organizations face is how to remain successful in a competitive
arena that is becoming increasingly turbulent. Resourcefulness and adaptability are presented
as crucial organizational abilities to strive for. This study introduces the contemporary
military organization as a typical example from which commercial organizations could
learn. After all, in order to repetitively conduct crisis response missions all over the globe,
under all kinds of climatic and operational circumstances, resourcefulness and adaptability
have become basic elements for successful expeditionary deployment. The study assumes
that giving insight into the way in which military crisis response organizations apply
commonly accepted organizational determinants to activate learning and reconfiguration
abilities, could serve as an interesting case for commercial organizations to take advantage
of. For most contemporary military organizations modular organizing has become an
important approach to increase operational adaptability. The cover photo presents a
typical outcome of this approach. It shows a combined arms team, from the Netherlands
armed forces, on its way to the village of Ferocia to search for improvised explosive devices
New Entrants versus Incumbents in the Emerging On-Line Financial Services Complex
Full text linkThe emergence of electronic commerce complexes raises important questions regarding competence building and leveraging, both for practitioners and strategy scholars. Competences of brick-and-mortar incumbents (large and mature players) are being challenged by new entrants' click-and-mortar or click-and-click business models. The implications of this challenge for the financial services industry - as for many other industries - are only starting to become clear. In this paper we contribute to these initial understandings by developing a conceptual framework that considers which strategies incumbents and new entrants might adopt to improve their competitiveness. We identify four relevant organizational types in the emerging on-line financial services complex. For each of these types we outline how ties to sponsoring organizations can be used as a buffer against environmental turbulence and as a bridge towards changing stakeholder perspectives.legitimacy;e-commerce;co-evolution;competence building and leveraging;on-line financial services complex
- …
