Multicultural managers and competitive advantage: Evidence from elite football teams
Mike Szymanski,
Stacey R. Fitzsimmons and
Wade M. Danis
International Business Review, 2019, vol. 28, issue 2, 305-315
Abstract:
Successful organizations have dynamic capabilities that are aligned with their competitive environments. As competitive environments globalize, the dynamic capabilities driven by managers with multicultural backgrounds are increasingly relevant. These managers are more likely to seize cognitively distant opportunities than monocultural managers. Using panel analysis of multilevel data from 355 elite football (soccer) teams, we find support for a moderated relationship among the degree of globalization in the competitive environment, the multicultural background of team managers, and team performance. When the competitive environment is highly global, teams with multicultural managers outperform teams with monocultural managers. When the competitive environment is less global, the reverse is true. The same effect holds when tested both cross-sectionally and longitudinally.
Keywords: Competitive advantage; Cross-cultural management; Diversity; Global strategy; International management; Multicultural (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:iburev:v:28:y:2019:i:2:p:305-315
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DOI: 10.1016/j.ibusrev.2018.10.003
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