Performance Effects of Strategic Action Patterns in Rapidly Changing Environments

Item Type Conference or Workshop Item (Paper)
Abstract

While the empirical evidence on the merits of fast-paced strategic decision-making and action in high velocity environments is compelling, it remains unclear whether the effect is driven by the speed, volume, or continuity of the actions. We examined this research question by analyzing all the announced actions of 401 firms of the S&P 500 sample during a ten-year period from 2003 to 2012. We coded the activities into different activity categories and the diversity of the industries allowed us to also perform comparisons between higher and lower velocity industries. Based on our analysis, we find that industry velocity enhances the performance effects of high activity levels and that firms that pace their actions above the industry average outperform their peers.

Authors Schimmer, Markus; Laamanen, Tomi; Paul, Poushali; Brunswicker, Sabine & Visnjic, Ivanka
Language English
Keywords Austrian Economics, Competitive Dynamics, Industry Evolution
Subjects business studies
HSG Classification contribution to scientific community
HSG Profile Area SoM - Business Innovation
Refereed Yes
Date 20 September 2014
Publisher Strategic Management Society
Place of Publication Chicago
Event Title 34th Strategic Management Society (SMS) Annual International Conference
Event Location Madrid, Spain
Event Dates 20.-23.09.2014
Depositing User Markus Schimmer
Date Deposited 03 May 2014 18:29
Last Modified 26 Jan 2018 13:39
URI: https://www.alexandria.unisg.ch/publications/231386

Download

Full text not available from this repository.

Citation

Schimmer, Markus; Laamanen, Tomi; Paul, Poushali; Brunswicker, Sabine & Visnjic, Ivanka: Performance Effects of Strategic Action Patterns in Rapidly Changing Environments. 2014. - 34th Strategic Management Society (SMS) Annual International Conference. - Madrid, Spain.

Statistics

https://www.alexandria.unisg.ch/id/eprint/231386
Edit item Edit item
Feedback?