EconPapers    
Economics at your fingertips  
 

Mendel in the C-Suite: Design and the Evolution of Strategies

Daniel A. Levinthal ()
Additional contact information
Daniel A. Levinthal: Wharton School, University of Pennsylvania, Philadelphia, Pennsylvania 19104

Strategy Science, 2017, vol. 2, issue 4, 282-287

Abstract: A “Mendelian” executive is proposed as an image of strategy making that lies intermediate between the godlike powers of intentional design of rational choice approaches and a Darwinian process of random variation and market-based differential selection. The Mendelian executive is capable of intentional design efforts in order to explore possible adjacent strategic spaces. Furthermore, the argument developed here highlights the role of intentionality with respect to the selection and culling of strategic initiatives. The firm is viewed as operating an “artificial selection” environment in contrast to selection as the direct consequence of the outcome of competitive processes. Examining the nature of the processes generating these experimental variants and the bases of internal selection, and how these selection criteria may themselves change, is argued to be central to the formation of strategy in dynamic competitive environments.

Keywords: organizational evolution; organizational learning; strategy formulation (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://doi.org/10.1287/stsc.2017.0047 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:inm:orstsc:v:2:y:2017:i:4:p:282-287

Access Statistics for this article

More articles in Strategy Science from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().

 
Page updated 2025-03-19
Handle: RePEc:inm:orstsc:v:2:y:2017:i:4:p:282-287