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Top management teams and organizational renewal

Author

Listed:
  • David K. Hurst
  • James C. Rush
  • Roderick E. White

Abstract

Increasingly the makeup of the top management group is believed to affect the development, identification and exploitation of strategic opportunities. This paper explains a creative management model, which goes beyond conventional strategic management, and identifies the behaviors of top managers needed for the ongoing renewal of their business. It is proposed these behaviors cluster and can be aligned with different and distinct cognitive styles or types. The implication is that top management groups should be composed of a mix of types. This paper posits a mix of Jungian types, Intuitives, Feelers, Thinkers and Sensors. This diversity can yield great strength if the differences can be focused and unified. Propositions and suggestions for further empirical research are developed.

Suggested Citation

  • David K. Hurst & James C. Rush & Roderick E. White, 1989. "Top management teams and organizational renewal," Strategic Management Journal, Wiley Blackwell, vol. 10(S1), pages 87-105, June.
    • Handle: RePEc:bla:stratm:v:10:y:1989:i:s1:p:87-105
    DOI: 10.1002/smj.4250100708
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    Cited by:

    1. WestIII, G. Page & Meyer, G. Dale, 1998. "To agree or not to agree? consensus and performance in new ventures," Journal of Business Venturing, Elsevier, vol. 13(5), pages 395-422, September.
    2. Michele N. Medina & Indu Ramachandran & Joshua J. Daspit, 2019. "Collaboration Or Clash? Mapping The Effects Of Top Management Team Conflict On Firm Absorptive Capacity," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 23(03), pages 1-29, April.
    3. Juan Pablo Diánez-González & Carmen Camelo-Ordaz, 2016. "How management team composition affects academic spin-offs’ entrepreneurial orientation: the mediating role of conflict," The Journal of Technology Transfer, Springer, vol. 41(3), pages 530-557, June.
    4. Krishnan, Hema A. & Park, Daewoo, 2005. "A few good women--on top management teams," Journal of Business Research, Elsevier, vol. 58(12), pages 1712-1720, December.
    5. repec:gdk:wpaper:30 is not listed on IDEAS
    6. Raúl Sanabria Tirado & María Andrea Trujillo Dávila & Alexander Guzmán Vásquez, 2008. "Poder y estrategia," Revista Facultad de Ciencias Económicas, Universidad Militar Nueva Granada, December.
    7. Jeffrey G. Covin & Morgan P. Miles, 1999. "Corporate Entrepreneurship and the Pursuit of Competitive Advantage," Entrepreneurship Theory and Practice, , vol. 23(3), pages 47-63, April.
    8. Naranjo-Gil, David & Hartmann, Frank, 2007. "Management accounting systems, top management team heterogeneity and strategic change," Accounting, Organizations and Society, Elsevier, vol. 32(7-8), pages 735-756.
    9. van Olffen, W. & Boone, C.A.J.J., 1997. "The confusing state of the art in top management composition studies: A theoretical and empirical review," Research Memorandum 011, Maastricht University, Netherlands Institute of Business Organization and Strategy Research (NIBOR).
    10. Bhansing, Pawan V. & Leenders, Mark A.A.M. & Wijnberg, Nachoem M., 2012. "Performance effects of cognitive heterogeneity in dual leadership structures in the arts: The role of selection system orientations," European Management Journal, Elsevier, vol. 30(6), pages 523-534.
    11. G. Page West III & G. Dale Meyer, 1998. "Temporal Dimensions of Opportunistic Change in Technology-Based Ventures," Entrepreneurship Theory and Practice, , vol. 22(2), pages 31-52, January.
    12. Amy C. Edmondson, 2002. "The Local and Variegated Nature of Learning in Organizations: A Group-Level Perspective," Organization Science, INFORMS, vol. 13(2), pages 128-146, April.
    13. Shaker A. Zahra, 1993. "A Conceptual Model of Entrepreneurship as Firm Behavior: A Critique and Extension," Entrepreneurship Theory and Practice, , vol. 17(4), pages 5-21, July.
    14. Lorenz Graf-Vlachy & Jonathan Bundy & Donald C. Hambrick, 2020. "Effects of an Advancing Tenure on CEO Cognitive Complexity," Organization Science, INFORMS, vol. 31(4), pages 936-959, July.
    15. Jing Zhou & Yunwen Jiang & On Kit Tam & Wei Lan & Silin Ye, 2021. "Success in completing cross‐border acquisitions by emerging market firms: What matters?," The World Economy, Wiley Blackwell, vol. 44(7), pages 2128-2163, July.
    16. Mai Ngoc Khuong & Nguyen Quoc Loc & Nguyen Ngoc Duy Phuong & Nguyen Nhu Ty, 2023. "Strategist’s cognitive perspectives, innovation, and competitive advantage: An empirical study in Vietnam," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 41(1), pages 299-328.
    17. Maria Adenfelt & Katarina Lagerström, 2006. "Organizational rejuvenation for knowledge exploitation: Exploring corporate entrepreneurship in an MNE," Journal of International Entrepreneurship, Springer, vol. 4(2), pages 83-98, September.
    18. G. Page West III, 2007. "Collective Cognition: When Entrepreneurial Teams, Not Individuals, Make Decisions," Entrepreneurship Theory and Practice, , vol. 31(1), pages 77-102, January.
    19. Boone, Christophe & van Olffen, Woody & van Witteloostuijn, Arjen, 1998. "Psychological team make-up as a determinant of economic firm performance: An experimental study," Journal of Economic Psychology, Elsevier, vol. 19(1), pages 43-73, February.
    20. Radu Ogarca & Liviu Craciun & Laurentiu Mihai,, 2015. "The Influence Of The Behavioral Profile Upon The Management Team’S Performance," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 1(43), pages 39-57.
    21. Sophie Mölders & Prisca Brosi & Matthias Spörrle & Isabell M. Welpe, 2019. "The Effect of Top Management Trustworthiness on Turnover Intentions via Negative Emotions: The Moderating Role of Gender," Journal of Business Ethics, Springer, vol. 156(4), pages 957-969, June.
    22. Sara Sassetti & Vincenzo Cavaliere & Sara Lombardi, 2022. "The rhythm of effective entrepreneurs’ decision-making process. The pathways of alertness scanning and search and cognitive style. A mediation model," International Entrepreneurship and Management Journal, Springer, vol. 18(2), pages 555-578, June.

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