Top management team demography and corporate strategic change

Article Abstract:

This study examined the relationship between the demography of top management teams and corporate strategic change, measured as absolute change in diversification level, within a sample of Fortune 500 companies. Controlling for prior firm performance, organizational size, top team size,and industry strucutre, we found that the firms most likely to undergo changes in corporate strategy had top management teams characterized by lower average age, shorter organizational tenure, higher team tenure, higher educational level, higher educational specialization heterogeneity, and higher academic training in the sciences than other teams. The results suggest that top managers' cognitive perspectives, as reflected in a team's demographic characteristics, are linked to the teams propensity to change corporate strategy. (Reprinted by permission of the publisher.)

Demographic aspects, Executives, Organizational change

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Strategic proactivity and firm approach to the natural environment

Article Abstract:

In a sample of 105 firms in Spain, a relationship was found between strategic proactivity and approaches to the natural environment. The firms with the most proactive business strategies ("prospectors") employed both traditional corrective and modern preventive natural environmental approaches. Firm size had a major impact on the amount of training relating to the natural environment in the sample firms and on their corrective approaches but made no difference to their preventive approaches. (Reprinted by permission of the publisher.)

Environmental aspects, Spain, Business enterprises, Business planning, Environmental policy, Environmental policy research

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Attaining decision quality and commitment from dissent: the moderating effects of loyalty and competence in strategic decision-making teams

Article Abstract:

A study of 86 strategic decision-making US hospital teams indicates that loyalty perceptions within teams play a role in strengthening the relationship between decision quality and dissent. The results, which utilizes an information-processing perspective, also indicate that perceptions of competence within teams play a vital role in strengthening the existing relationship between decision commitment and dissent.

Performance, Analysis, Loyalty, Decision-making, Group, Group decision making, Dissenting opinions

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