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Author:Burgelman, R.A.
Grove, A.S.
Title:Let chaos reign, then rein in chaos - repeatedly: Managing strategic dynamics for corporate longevity
Journal:Strategic Management Journal
2007 : OCT, VOL. 28:10, p. 965-979
Index terms:strategic management
leadership
business cycles
organizational behaviour
Language:eng
Abstract:This paper proposes that corporate longevity (hereafter as: corp-lgvt.) depends on matching cycles of autonomous (here as: autm.) and induced strategy processes (as: procs.) to different forms of strategic dynamics and that alert strategic leadership's (here as: str-l-ship.) role is to balance appropriately the induced and autm. procs. throughout the cycles. It is also proposed that such str-l-ship. is the means through which l-ship. style exerts its influence on corp-lgvt. The paper's findings can be related to organizational research on structural inertia, adaptation and learning, and also to formal theories of complex adaptive systems.
SCIMA record nr: 266103
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