Strategic Initiatives and Control
Type
conference paper
Date Issued
2008-08-10
Author(s)
Abstract
Based on survey data of 201 firms in six industries, this paper examines the relationship between control mechanisms and the performance of strategic growth initiatives. We differentiate control along two dimensions: formality (formal, informal) and target of control (input, behavior, and output) to examine six control mechanisms. We formulate several hypotheses stating their relationship with initiative performance. The paper makes two major contributions. First, it contributes to a clearer conceptualization and operationalization of control mechanisms. The factor analysis results support distinct control mechanisms but suggest a more complex picture for our informal control mechanisms than initially proposed. Second, the findings from the regression analysis suggest distinct relationships between these control mechanisms and performance. These findings shed new light on the execution of strategic initiatives relevant to managers driving growth in their companies and points the way for future research in the area of corporate entrepreneurship and control research.
Language
English
Keywords
Organizational control
Formal control
Informal control
Strategic Initiatives
Growth
HSG Classification
contribution to scientific community
Refereed
Yes
Book title
Academy of Management Annual Meeting Proceedings
Publisher
Academy of Management (AOM)
Publisher place
Briarcliff Manor, NY
Event Title
68th Academy of Management Annual Meeting (AOM) 2008 "The Questions We Ask"
Event Location
Anaheim, CA
Event Date
08.-13.08.2008
Subject(s)
Division(s)
Eprints ID
44373