Traditions of Renewal - How four traditions linking emotion and cognition in different ways allow for strategic renewal ahead of one’s time
In this paper we address an empirical and theoretical issue which is under researched. Does history, i.e. a company’s organizational traditions, hamper strategic renewal and cause drift, as the management literature suggests? Or can traditions help companies to systematically and successfully renew themselves? To empirically analyse this question we take issue with two empirical selection biases in the strategic management literature: most of the literature on managed strategic change discusses historical inertia and financial stress induced renewal processes. Instead, we argue for a focus on long-lived companies that continuously renewed themselves for a period of twenty years without the trigger of financial stress. We find that the secret of the success of these companies is that more than forty years ago they began to foster 4 traditions of renewal. The four traditions are continuity, anticipation, contestability and mobility. The traditions link different types of emotional action readiness to dominant and alternative logics and coalitions, allowing our sample companies to deal with the non-linearity of strategic renewal processes by being one step ahead of time as it were.
|Date of creation:||Jun 2011|
|Publication status:||Published by:|
|Contact details of provider:|| Postal: CP114/03, 42 avenue F.D. Roosevelt, 1050 Bruxelles|
Phone: +32 (0)2 650.48.64
Fax: +32 (0)2 650.41.88
Web page: http://difusion.ulb.ac.be
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:sol:wpaper:2013/89063. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Benoit Pauwels)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.