How can firms achieve sustainable high growth? A case study based on the integrating orchestration of digital elements and traditional resources

IF 1.9 4区 管理学 Q3 MANAGEMENT Chinese Management Studies Pub Date : 2024-07-22 DOI:10.1108/cms-01-2024-0080
Juanjuan Wang, Xiao Zhang, Yu Chi
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Abstract

Purpose

This study aims to analyze the paths and mechanisms of firms’ sustainable high growth. Firms’ high growth is susceptible to interruption, stagnation or reversal. Thus, how firms can achieve sustainable high growth is an important topic that requires urgent discussion and has significant implications for sustainable economic development and employment.

Design/methodology/approach

This study applies a longitudinal case study approach to portray the process by which Jiashu orchestrated digital elements with traditional resources to continuously fulfill their user demands and ultimately achieve sustainable high growth.

Findings

This study reveals three resource orchestration strategies: trust-oriented, demand-oriented and efficiency-oriented. These strategies are adopted in an organization’s startup, expansion and maturity periods, respectively. By dynamically integrating and orchestrating digital elements with traditional resources, firms implement a growth strategy with expanding and stacking dimensions, leading to sustainable high growth. The replicability and connectivity resulting from orchestrating digital elements and traditional resources encourage firms to expand their dimensions of growth and achieve sustainable high growth in multiple dimensions.

Research limitations/implications

This study conducts a preliminary exploration of the relationship between the integration of digital and traditional elements and the sustainable high growth of enterprises. A more stable theoretical relationship between the two requires further multi-case studies and empirical analysis for substantiation.

Originality/value

This study first clarifies the concept of sustainable high growth and reveals a unique nonlinear path characterized by growth with expanding and stacking dimensions. The findings contribute to deepening the theories of sustainable high growth and resource orchestration in the digital economy era and offer practical implications for the sustainable high-growth practices of firms.

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企业如何实现可持续的高增长?基于数字元素与传统资源整合协调的案例研究
本研究旨在分析企业可持续高增长的路径和机制。企业的高增长容易出现中断、停滞或逆转。因此,企业如何实现可持续高增长是一个亟待探讨的重要课题,对经济的可持续发展和就业具有重要意义。本研究采用纵向案例研究的方法,描绘了嘉树将数字元素与传统资源进行协调,不断满足用户需求,最终实现可持续高增长的过程。这些策略分别在组织的初创期、扩张期和成熟期采用。通过将数字元素与传统资源进行动态整合和协调,企业实施了具有扩展和堆叠维度的增长战略,从而实现了可持续的高速增长。数字要素与传统资源的协调所带来的可复制性和连通性,促使企业拓展增长维度,实现多维度的可持续高增长。本研究首次厘清了可持续高增长的概念,并揭示了一条独特的非线性增长路径,其特点是增长维度不断扩展和叠加。研究结果有助于深化数字经济时代的可持续高增长和资源协调理论,并为企业的可持续高增长实践提供了现实意义。
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来源期刊
CiteScore
3.90
自引率
13.60%
发文量
63
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