Strategy Process

Time and Space in Strategy Discourse: Implications for Intertemporal Choice

Executives 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…

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

Replication Using Templates

Video abstract for the Strategic Management Journal article “Replication using templates: Does the unit learn from itself, the template, or both?” by Megan Lawrence. Click here to read the full…

Changes in Persistence of Performance Over Time

By Victor Manuel Bennett Leafing through the business press, you often see two kinds of stories. The first is about how the business environment is changing so fast that old,…

CEO Cognitive Flexibility and the Simultaneous Pursuit of Exploratory and Exploitative Innovation in Organizations

by Andreea Kiss and Pamela Barr In today’s increasingly competitive and dynamic global economy, organizations frequently face the need to simultaneously exploit their current competitive advantages and develop new advantages…

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…