Strategy Process
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…
Read MoreHow do innovators from lower levels of an organization gain approval for their innovations especially when their ideas do not readily fit their organization’s strategy? To explore this question, we…
Read MoreExecutives often prioritize maximizing immediate returns over investing to build a long‐term competitive advantage. How they think about the future offers one explanation for this short‐termism. This article distinguishes two…
Read MoreWhen managers use their (legitimate) power to take decisions on behalf of their staff, they risk setting back employees and making them detach from the firm. This danger is particularly…
Read MoreTo innovate, managers are often advised to make strategic decisions based on changes in their external business environment. Our research suggests that managers should also consider how strategic decision‐making enables…
Read MoreThis paper examines differences in the rate and potential of firms’ capability development trajectories. Capability development trajectories are the paths over which firms’ capabilities change with experience and other activities.…
Read MoreHumans 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…
Read MoreHow 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…
Read MoreHow can storytelling be used to influence acceptance of an ongoing organizational transformation? In this article, we try to answer this question by examining how, over three decades, Italian company…
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