The seasons of a CEO's tenure

Article Abstract:

This article proposes a model of the dynamics of the CEO's tenure in office. The central argument is that there are discernible phases, or seasons, within an executive's tenure in a position, and that these seasons give rise to distinct patterns of executive attention, behavior, and, ultimately, organizational performance. The five delineated seasons are (a) response to mandate, (b) experimentation, (c) selection of an enduring theme, (d) convergence, and (e) dysfunction. The theoretical and practical implications of the model are discussed. (Reprinted by permission of the publisher.)

Analysis, Chief executive officers, Corporate officers

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Assessing managerial discretion across industries: a multimethod approach

Article Abstract:

Industries differ widely in how much managerial discretion, or latitude of action, they allow. This research contributes to the reliable and valid measurement of this important but hard-to-measure construct. We found that (1) a panel of academics showed very high consistency in rating managerial discretion in diverse industries, (2) a panel of security analysts agreed strongly with the academics, and (3) the panel ratings were highly related to archival indicators of discretion posited by Hambrick and Finkelstein. (Reprinted by permission of the publisher.)

Research, Administrative discretion, Comparative management

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Stakeholder influence strategies

Article Abstract:

Stakeholder theory and resource dependence theory are merged to create a descriptive model of stakeholder influence strategies. This model proposes that influence strategies be viewed in terms of resources and that the balance of power in the firm-stakeholder relationship determines the choice of strategy. The model also assumes that there are four general types of stakeholder influences: indirect usage, direct usage, indirect withholding and direct withholding. Furthermore, the model posits that four types of resource relationships exist.

Methods, Management, Business enterprises, Strategic planning (Business)

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