Behavioral Strategy

In Vogue: How mere proximity to high-status neighbors affects aspirational pricing in US fashion

Hakonsson, Eskildsen, Argote, Monster, Burton, & Obel on emotions and team decisions.

We analyze performance and emotions as antecedents and consequences of team strategic decisions to explore a new routine versus exploiting an existing one. In a laboratory study, we examine team…

Quantum leaps or baby steps?

While the pursuit of novel technological ideas is the driving force of sustained competitive advantage, managers often reject novel ideas in favor of more familiar ones. How then can managers…

Strategic Intelligence: The Cognitive Capability to Anticipate Competitor Behavior

Why do some entrepreneurs outperform others? How can companies succeed against tough competition? Certainly, some benefit from unique resources, such as patents, and others can winnow competition, as through mergers.…

Cognitive Flexibility and Adaptive DecisionMaking

Humans are creatures of habits. We tend to prefer known courses of action over new ones. In many cases, habits are good. However, when things change in unpredictable ways, the…

Laureiro-Martinez, Brusoni, Canessa, Zollo – Neuroscience & explore-exploit

From Necessity to Opportunity: Scaling Bricolage

How do organizations emerge, survive, and scale in resource-scarce environments? Traditional scaling models tend to rely on considerable financial resources and companies often struggle to adjust to diverse contexts. In…

Jana Gallus & Bruno Frey on corporate awards

Awards are widely used in the corporate sector. They fundamentally differ from monetary incentives, which risk crowding out employees’ intrinsic motivation. Among the variety of awards, two general types can…

Strategic Responses to Crisis

A Virtual Special Issue edited by Matthias Wenzel, Sarah Stanske, and Marvin Lieberman Currently, the pandemic crisis is affecting the lives of people and organizations around the world. As the…

Directed by Words: How Entrepreneurs Rely on Salient Frames to Devise a Market Entry Strategy

by Kisha Lashley Language is powerful; scholars have shown that organizations rely on language to guide stakeholder interpretations to create value for the focal firm. For example, entrepreneurial firms can…

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