| Author: | Capon, N. |
| Title: | In search of excellence ten years later: strategy and organization do matter. |
| Journal: | Management Decision
1991 : VOL. 29:4, p. 12-21 |
| Index terms: | ORGANIZATIONAL DESIGN ORGANIZATIONAL PERFORMANCE CORPORATE STRATEGY |
| Language: | eng |
| Abstract: | The Peters and Waterman framework of eight management principles, focused largely on organizational design issues, is used to examine differences between 19 "excellent" and 50 "non-excellent" firms. Data from large USA manufacturers show that the "excellent" companies earn higher returns on capital, have less variable returns and are more innovative. 22 measured items associated with the eight principles differ systematically between the "excellent" and non-excellent" firms. In addition, 13 measures associated more directly with strategy also differ systematically. High investment in R and D, a strong international posture, and strong market positions provide an alternative explanation to the eight principles for excellent performance. |
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