Pub Date : 2003-11-01DOI: 10.5465/AME.2003.11851883
D. Hambrick
The article focuses on “Organizational Strategy, Structure, and Process,” by Raymond Miles and Charles Snow, and its effect on strategic management and organization theory. Miles and Snow's views are at the philosophical midpoint of business-level strategy—between the situationalists and the universalists. They proposed four basic types of strategy: defenders, prospectors, analyzers, and reactors. The concept of strategic equifinality, a configurational view of strategy, business risk, and the typology of strategy classification systems are mentioned.
{"title":"On the staying power of defenders, analyzers, and prospectors","authors":"D. Hambrick","doi":"10.5465/AME.2003.11851883","DOIUrl":"https://doi.org/10.5465/AME.2003.11851883","url":null,"abstract":"The article focuses on “Organizational Strategy, Structure, and Process,” by Raymond Miles and Charles Snow, and its effect on strategic management and organization theory. Miles and Snow's views are at the philosophical midpoint of business-level strategy—between the situationalists and the universalists. They proposed four basic types of strategy: defenders, prospectors, analyzers, and reactors. The concept of strategic equifinality, a configurational view of strategy, business risk, and the typology of strategy classification systems are mentioned.","PeriodicalId":337734,"journal":{"name":"Academy of Management Executive","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2003-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121639439","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2003-08-01DOI: 10.5465/AME.2003.10954665
S. Zahra
Executive Overview Peter F. Drucker is a writer, teacher, and consultant specializing in strategy and policy for businesses and social sector organizations. For nearly 60 years now, he has been one of the most influential thinkers and writers about management. He has consulted with many of the world's largest corporations as well as with nonprofit organizations, small and entrepreneurial companies, and with agencies of the US government. He has also worked with free-world governments such as those of Canada, Japan, and Mexico. He is the author of thirty-four books which have been translated into more than twenty languages. Thirteen books deal with society, economics, and politics; fifteen deal with management. Two of his books are novels, one is autobiographical, and he is a co-author of a book on Japanese painting. He has made four series of educational films based on his management books. He has been an editorial columnist for the Wall Street Journal and a frequent contributor to the Harvard Business Re...
{"title":"An interview with Peter Drucker","authors":"S. Zahra","doi":"10.5465/AME.2003.10954665","DOIUrl":"https://doi.org/10.5465/AME.2003.10954665","url":null,"abstract":"Executive Overview Peter F. Drucker is a writer, teacher, and consultant specializing in strategy and policy for businesses and social sector organizations. For nearly 60 years now, he has been one of the most influential thinkers and writers about management. He has consulted with many of the world's largest corporations as well as with nonprofit organizations, small and entrepreneurial companies, and with agencies of the US government. He has also worked with free-world governments such as those of Canada, Japan, and Mexico. He is the author of thirty-four books which have been translated into more than twenty languages. Thirteen books deal with society, economics, and politics; fifteen deal with management. Two of his books are novels, one is autobiographical, and he is a co-author of a book on Japanese painting. He has made four series of educational films based on his management books. He has been an editorial columnist for the Wall Street Journal and a frequent contributor to the Harvard Business Re...","PeriodicalId":337734,"journal":{"name":"Academy of Management Executive","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2003-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127418342","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2003-08-01DOI: 10.5465/AME.2003.10954721
Luiz Mesquita
Executive Overview Ricardo Lopez Murphy, an economist by education, has become a politician by trade. In his early college days, after long hours of study, he exercised his political leadership skills at Juventud Radical de la Universidad de La Plata, a student political body. Ricardo Lopez Murphy then earned a master of science degree in economics at the University of Chicago. As an economist he had a career in academia. He did research at the Fundacion de Investigaciones Economicas LatinoAmericanas (FIEL), an Argentine economics think-tank, where he became chief economist. He also taught at Universidad de La Plata, Universidad de Buenos Aires, and Universidad de San Andres. He has been a columnist in various leading newspapers, including Argentina's Ambito Financiero and Uruguay's El Pay's. Mr. Murphy was Defense Minister and Economy Minister during the presidency of Fernando de la Rua. He renounced his leadership position at Union Civica Radical, where he had conducted his political activities since hi...
里卡多·洛佩兹·墨菲，一个受过教育的经济学家，通过贸易成为了一名政治家。在大学早期，经过长时间的学习，他在学生政治团体“拉普拉塔大学激进青年”(Juventud Radical de la Universidad de la Plata)锻炼了自己的政治领导能力。里卡多·洛佩兹·墨菲(Ricardo Lopez Murphy)随后在芝加哥大学(University of Chicago)获得经济学硕士学位。作为一名经济学家，他在学术界有一段职业生涯。他曾在阿根廷经济智库拉丁美洲经济调查基金会(FIEL)做研究，并在那里成为首席经济学家。他还曾在拉普拉塔大学、布宜诺斯艾利斯大学和圣安德烈斯大学任教。他曾在多家主要报纸上担任专栏作家，包括阿根廷的《Ambito Financiero》和乌拉圭的《El Pay》。墨菲先生在费尔南多·德拉鲁阿担任总统期间担任国防部长和经济部长。他放弃了他在“公民激进联盟”的领导职务，他自……以来一直在那里进行政治活动。
{"title":"Former Argentine presidential candidate Ricardo López Murphy on rationality as the basis for a new institutional environment","authors":"Luiz Mesquita","doi":"10.5465/AME.2003.10954721","DOIUrl":"https://doi.org/10.5465/AME.2003.10954721","url":null,"abstract":"Executive Overview Ricardo Lopez Murphy, an economist by education, has become a politician by trade. In his early college days, after long hours of study, he exercised his political leadership skills at Juventud Radical de la Universidad de La Plata, a student political body. Ricardo Lopez Murphy then earned a master of science degree in economics at the University of Chicago. As an economist he had a career in academia. He did research at the Fundacion de Investigaciones Economicas LatinoAmericanas (FIEL), an Argentine economics think-tank, where he became chief economist. He also taught at Universidad de La Plata, Universidad de Buenos Aires, and Universidad de San Andres. He has been a columnist in various leading newspapers, including Argentina's Ambito Financiero and Uruguay's El Pay's. Mr. Murphy was Defense Minister and Economy Minister during the presidency of Fernando de la Rua. He renounced his leadership position at Union Civica Radical, where he had conducted his political activities since hi...","PeriodicalId":337734,"journal":{"name":"Academy of Management Executive","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2003-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129164205","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2003-08-01DOI: 10.5465/AME.2003.10954782
Lisa A. Mainiero, D. Gibson
Executive Overview The events of September 11, 2001, rocked the nation. While great attention was riveted on Ground Zero and the drama of individuals directly dealing with the tragedy's aftermath, there has been less assessment of how employees in general were affected by this crisis. What impact did this terrorist event have on employees in the workplace? Are there lessons that can be learned to effectively manage employee reactions to terror next time? This article reports on a survey capturing employee reactions three months after the September 11th attacks. The results suggest that while managers have responded to employees' physical safety concerns since the crisis, they have paid less attention to their emotional concerns. The survey revealed that many employees were reacting to the crisis in a manner similar to that of people who have witnessed a traumatic event. We show that, three months after the event, prominent emotional responses included fear, denial, and anger. We also show that there is a ...
{"title":"Managing employee trauma: Dealing with the emotional fallout from 9-11","authors":"Lisa A. Mainiero, D. Gibson","doi":"10.5465/AME.2003.10954782","DOIUrl":"https://doi.org/10.5465/AME.2003.10954782","url":null,"abstract":"Executive Overview The events of September 11, 2001, rocked the nation. While great attention was riveted on Ground Zero and the drama of individuals directly dealing with the tragedy's aftermath, there has been less assessment of how employees in general were affected by this crisis. What impact did this terrorist event have on employees in the workplace? Are there lessons that can be learned to effectively manage employee reactions to terror next time? This article reports on a survey capturing employee reactions three months after the September 11th attacks. The results suggest that while managers have responded to employees' physical safety concerns since the crisis, they have paid less attention to their emotional concerns. The survey revealed that many employees were reacting to the crisis in a manner similar to that of people who have witnessed a traumatic event. We show that, three months after the event, prominent emotional responses included fear, denial, and anger. We also show that there is a ...","PeriodicalId":337734,"journal":{"name":"Academy of Management Executive","volume":"104 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2003-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123028257","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2003-08-01DOI: 10.5465/AME.2003.10954670
S. Zahra
The article presents a review of the book “The Practice of Management,” by Peter F. Drucker.
这篇文章是对Peter F. Drucker的《管理实践》一书的回顾。
{"title":"The Practice of Management: Reflections on Peter F. Drucker's landmark book","authors":"S. Zahra","doi":"10.5465/AME.2003.10954670","DOIUrl":"https://doi.org/10.5465/AME.2003.10954670","url":null,"abstract":"The article presents a review of the book “The Practice of Management,” by Peter F. Drucker.","PeriodicalId":337734,"journal":{"name":"Academy of Management Executive","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2003-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126110655","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2003-08-01DOI: 10.5465/AME.2003.10954712
M. Boland, Jeffrey Katz
Executive Overview Cooperatives are a unique form of organization compared to the more familiar corporate forms of ownership, limited liability companies, partnerships, and proprietorships. Users of the cooperative's services are also voting members who control the cooperative, the owners who provided the equity capital, and patrons who received the benefits of use. Profits or net income are usually distributed as patronage-based refunds. Globally, farmer-owned cooperatives are important suppliers in the world food economy. Cyclical downturns in agriculture contributed to the recent bankruptcy of two large cooperatives. Farmland Industries and Agway, and caused financial stress in others. Like other businesses, cooperatives have become increasingly aware of the need to more proactively manage uncertainty in the food economy. A unique aspect of leading a cooperative includes educating its member-owners, who must understand the risks and rewards of growing a modern cooperatively organized company in the foo...
{"title":"Jack Gherty, president and CEO of Land O'Lakes, on leading a branded food and farm supply cooperative","authors":"M. Boland, Jeffrey Katz","doi":"10.5465/AME.2003.10954712","DOIUrl":"https://doi.org/10.5465/AME.2003.10954712","url":null,"abstract":"Executive Overview Cooperatives are a unique form of organization compared to the more familiar corporate forms of ownership, limited liability companies, partnerships, and proprietorships. Users of the cooperative's services are also voting members who control the cooperative, the owners who provided the equity capital, and patrons who received the benefits of use. Profits or net income are usually distributed as patronage-based refunds. Globally, farmer-owned cooperatives are important suppliers in the world food economy. Cyclical downturns in agriculture contributed to the recent bankruptcy of two large cooperatives. Farmland Industries and Agway, and caused financial stress in others. Like other businesses, cooperatives have become increasingly aware of the need to more proactively manage uncertainty in the food economy. A unique aspect of leading a cooperative includes educating its member-owners, who must understand the risks and rewards of growing a modern cooperatively organized company in the foo...","PeriodicalId":337734,"journal":{"name":"Academy of Management Executive","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2003-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126546085","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2003-05-01DOI: 10.5465/AME.2003.10025207
Thomas Y. Choi
The article reports on 2003 research pertaining to small and medium-sized enterprises in Korea. Researchers looked at data over a 25-year period. They found that small-sized business enterprises have grown both in the number of workers they employ and the level of value they have added. The evidence suggests that small and medium-sized firms have played an integral role in transforming the Korean economy through increased exports, foreign investments, and productivity. From 1990 to 1994 the number of small and medium-sized firms making foreign direct investment and the value of those investments increased by over 500%.
{"title":"Korea's Small and Medium-Sized Enterprises: Unsung Heroes or Economic Laggards?","authors":"Thomas Y. Choi","doi":"10.5465/AME.2003.10025207","DOIUrl":"https://doi.org/10.5465/AME.2003.10025207","url":null,"abstract":"The article reports on 2003 research pertaining to small and medium-sized enterprises in Korea. Researchers looked at data over a 25-year period. They found that small-sized business enterprises have grown both in the number of workers they employ and the level of value they have added. The evidence suggests that small and medium-sized firms have played an integral role in transforming the Korean economy through increased exports, foreign investments, and productivity. From 1990 to 1994 the number of small and medium-sized firms making foreign direct investment and the value of those investments increased by over 500%.","PeriodicalId":337734,"journal":{"name":"Academy of Management Executive","volume":"81 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2003-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132283821","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2003-02-01DOI: 10.5465/AME.2003.9474807
R. Larsson, K. R. Brousseau, M. Driver, Mikael Holmqvist, Veronika Tarnovskaya
Corporate growth is often viewed as being either internally generated or externally achieved through mergers and acquisitions (M&As). During the last decade, strategic alliances have become an ...
{"title":"International growth through cooperation: Brand-driven strategies, leadership, and career development in Sweden","authors":"R. Larsson, K. R. Brousseau, M. Driver, Mikael Holmqvist, Veronika Tarnovskaya","doi":"10.5465/AME.2003.9474807","DOIUrl":"https://doi.org/10.5465/AME.2003.9474807","url":null,"abstract":"Corporate growth is often viewed as being either internally generated or externally achieved through mergers and acquisitions (M&As). During the last decade, strategic alliances have become an ...","PeriodicalId":337734,"journal":{"name":"Academy of Management Executive","volume":"39 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2003-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131669845","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2003-02-01DOI: 10.5465/AME.2003.9474813
Pamela Brandes, Ravi Dharwadkar, G. V. Lemesis
Executive Overview When markets grew rapidly in the 1990s, many companies unquestioningly adopted employee stock options and implemented them at all levels within organizations. Recently, however, the corporate world has been described as suffering from an “overdose” of stock option compensation. We argue that more attention should be paid to the design of stock options to enhance their effectiveness. In support of this argument, we first review the upsides and downsides of stock options from recipient, company, and shareholder perspectives. Next, we identify conditions in which stock options can help a company implement a strategy and motivate key talent. We then provide guidelines for designing stock options, suggesting that managers must ask the following questions: Who should receive stock options? How many? What terms should be used? How often? At what price? What ownership? Careful consideration of these questions will lead to employee stock option compensation that promotes strategic goals; enables...
{"title":"Effective employee stock option design: Reconciling stakeholder, strategic, and motivational factors","authors":"Pamela Brandes, Ravi Dharwadkar, G. V. Lemesis","doi":"10.5465/AME.2003.9474813","DOIUrl":"https://doi.org/10.5465/AME.2003.9474813","url":null,"abstract":"Executive Overview When markets grew rapidly in the 1990s, many companies unquestioningly adopted employee stock options and implemented them at all levels within organizations. Recently, however, the corporate world has been described as suffering from an “overdose” of stock option compensation. We argue that more attention should be paid to the design of stock options to enhance their effectiveness. In support of this argument, we first review the upsides and downsides of stock options from recipient, company, and shareholder perspectives. Next, we identify conditions in which stock options can help a company implement a strategy and motivate key talent. We then provide guidelines for designing stock options, suggesting that managers must ask the following questions: Who should receive stock options? How many? What terms should be used? How often? At what price? What ownership? Careful consideration of these questions will lead to employee stock option compensation that promotes strategic goals; enables...","PeriodicalId":337734,"journal":{"name":"Academy of Management Executive","volume":"71 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2003-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127272054","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2002-11-01DOI: 10.5465/AME.2002.8951329
David Bowen, R. Hallowell
{"title":"Suppose we took service seriously? An introduction to the special issue","authors":"David Bowen, R. Hallowell","doi":"10.5465/AME.2002.8951329","DOIUrl":"https://doi.org/10.5465/AME.2002.8951329","url":null,"abstract":"","PeriodicalId":337734,"journal":{"name":"Academy of Management Executive","volume":"245 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2002-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134388428","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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