Understanding Corporate Life-Cycles

Ousanee Sawagvudcharee, Maurice Yolles, Gerhard Fink, Paul Iles, Chanchai Bunchapattanasakda and Buncha Limpabandhu

Journal of Education and Vocational Research, 2018, vol. 8, issue 4, 15-27

Abstract: This paper considers the nature of the dominant corporate paradigm, its change, failures or successes, and its relationship with the homeostatic organization. There is a popular way of understanding the dynamics of organizational change and that is through the pre-configured sequence of stages in a corporate life-cycle. Through there are a number of competing models for this kind of analysis. In all of them, the sequence of stages is defined by that which configures the life-cycle deterministically. However, there is little discussion given for how these models of organizations shift between stages, and none appear to dominate in the literature. A major criticism of these models is that they do not represent complex organizational processes of change. Therefore, this paper represents an alternative model, called “the paradigm life-cycleâ€, which is connected to the homeostatic processes that maintain an organization, and which is, in principle, capable of generating corporate life-cycles under conditions of complexity.

Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:rnd:arjevr:v:8:y:2018:i:4:p:15-27

DOI: 10.22610/jevr.v8i4.2157

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