Performance Implications of Managing Corporate Programs - A Control Perspective
Type
fundamental research project
Start Date
August 1, 2010
End Date
July 31, 2013
Status
completed
Keywords
Corporate program
strategic initiative
multi-business corporation
control
control configuration
coordination
strategic renewal
corporate management
Description
Multi-business corporations increasingly apply corporate programs to achieve their objectives and create value. With this project we intend to gain a better understanding of the phenomenon of corporate programs. We intend to extend strategic renewal research by taking a corporate management perspective, analyzing the optimal ways of steering the execution process of corporate programs and the (direct and indirect) links between certain program-related steering activities and performance.
In particular, our research will encompass the following elements: First, as we believe that various forms of corporate programs ask for different management approaches, we start by developing a typology of corporate programs.
Second, based on an extensive literature analysis and some initial interviews with corporate managers, we have already identified six control mechanisms as the most important process activities determining the performance of corporate programs. We now intend to theoretically derive the optimal control configurations for each program type and formulate explicit hypotheses stating a positive relationship between the fit of program type with control configuration and the performance of the program.
Third, in a subsequent step, we want to examine the relationship between control configuration(s) and program performance in more detail. In particular, we want to investigate whether the assumed direct link is (partially) mediated by process variables derived from existing strategy process and renewal research.
In particular, our research will encompass the following elements: First, as we believe that various forms of corporate programs ask for different management approaches, we start by developing a typology of corporate programs.
Second, based on an extensive literature analysis and some initial interviews with corporate managers, we have already identified six control mechanisms as the most important process activities determining the performance of corporate programs. We now intend to theoretically derive the optimal control configurations for each program type and formulate explicit hypotheses stating a positive relationship between the fit of program type with control configuration and the performance of the program.
Third, in a subsequent step, we want to examine the relationship between control configuration(s) and program performance in more detail. In particular, we want to investigate whether the assumed direct link is (partially) mediated by process variables derived from existing strategy process and renewal research.
Leader contributor(s)
Member contributor(s)
Funder
Topic(s)
Corporate program
strategic initiative
multi-business corporation
control
control configuration
coordination
strategic renewal
corporate management
Method(s)
Quantitative survey research design
structural equation modeling
Range
Institute/School
Range (De)
Institut/School
Division(s)
Eprints ID
61462
Funding code
100014_130094
results