Upper echelons and board characteristics of turnaround and nonturnaround declining firms

Article Abstract:

A study to determine the differences between failing firms that turn around from those that did not reveals that turnaround firms develop strategic decision-making structures that are efficient yet influenced by outside factors. The study also named top-management-team size and change, chief executive officer powers and duties, and size and outside control of the boards as important factors.

Management Functions, Management, Business failures, Corporate turnarounds, Turnaround management

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Environmental uncertainty and product-process life cycles: A multi-level interpretation of change over time

Article Abstract:

Long term changes in organizations are studied as to how they came about, decisions that both led to standardization of process and decisions that did not.

United States, Science & research, Decision-making, Decision making, Organizational change

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