search query: @indexterm Work experience / total: 79
reference: 47 / 79
Author: | Reed, R. Reed, M. |
Title: | CEO experience and diversification strategy fit. |
Journal: | Journal of Management Studies
1989 : MAY, VOL. 26:3, p. 251-270 |
Index terms: | CHIEF EXECUTIVE OFFICERS DIVERSIFICATION WORK EXPERIENCE STRATEGIC MANAGEMENT COMPANY PERFORMANCE |
Language: | eng |
Abstract: | There has been major progress in research into the concept of fit. Executive know-how and experience is growing in importance. The two areas are combined by considering the impact of CEO (chief executive officer) experience upon strategy adoption and corporate performance in the post-implementation strategy phase. Using a sample of 52 USA companies from the top 1000, the relationship between CEO experience and the separate strategies of internal and acquisitive diversification was examined. The results suggest that CEO experience is not a major factor in strategy selection but where a fit exists between the selected strategy and observed experience, post-implementation performance is affected. |
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