Cognitive Diversity of Top Management Teams as a Competence-Based Driver of Innovation Capability

Michael Hülsmann (), Meike Tilebein (), Philip Cordes () and Vera Stolarski
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Michael Hülsmann: Jacobs University
Meike Tilebein: Universität Stuttgart
Philip Cordes: Jacobs University
Vera Stolarski: European Business School

Chapter Chapter 7 in Strategy and Communication for Innovation, 2013, pp 101-115 from Springer

Abstract: Abstract In order to gain and maintain innovation capability, organizations have to adapt their profiles and processes to perpetually changing environmental conditions. However, the resulting need for a high degree of flexibility, which includes avoiding an information undersupply by being stable but inflexible, entails the risk of an information overload. Therefore, a balance between an organization’s flexibility and its stability is needed. Top Management Team (TMT) cognitive diversity seems to constitute a promising resource, which under certain circumstances can be turned into an organizational competence, allowing for a high but stable level of organizational flexibility. Employing insights from complexity theory and adopting agent-based simulation is suggested as a further research method in order to deduce underlying causal inter-relations.

Keywords: Cognitive Flexibility; Boolean Network; Cognitive Diversity; Complex Adaptive System; Innovation Capability (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-41479-4_7

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DOI: 10.1007/978-3-642-41479-4_7

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