How visible is the visible hand of top management in strategic renewals? guided evolution and the intraorganizational ecology model of adaptation

Edoardo Mollona

Industrial and Corporate Change, 2017, vol. 26, issue 4, 689-708

Abstract: This article presents a formal model of an organization that faces a process of strategic renewal. By simulating the model, the role of the top management is investigated in guiding internal entrepreneurship in an intraorganizational ecology of strategic initiatives. The simulation study advances received strategy-process literature in three ways. First, it clarifies the role that slack resources play within a web of interacting variables. Second, the study indicates the behavioral features of the top management that are desirable to appropriately calibrate slack flows. More specifically, two constructs are described: (i) time to adapt core business expectations and (ii) time to react to change in expectations, which capture the top management’s capability to produce accurate expectations and to buttress appropriate reaction to change in those expectations. Third, the article integrates the interaction among top managers’ agency, evolutionary forces, and self-organization in the strategy process.

Keywords: L2 Firm Objectives; Organization; Behavior (search for similar items in EconPapers)
JEL-codes: C63 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1093/icc/dtw049 (application/pdf)
Access to full text is restricted to subscribers.

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:oup:indcch:v:26:y:2017:i:4:p:689-708.

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Industrial and Corporate Change is currently edited by Josef Chytry

More articles in Industrial and Corporate Change from Oxford University Press and the Associazione ICC Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().