 JBR Article Forthcoming
posted on Feb 22 2010
New Article Forthcoming in the Journal of Business Research:
To agree or not to agree? A meta–analytical review of strategic consensus and organizational performance
Franz W. Kellermanns*, Jorge Walter**, Steven W. Floyd***, John C. Shaw****, & Christoph Lechner***
* Mississippi State University, ** Portland State University, *** University of St. Gallen, **** Jacksonville University
The premise underlying most of the research on strategic consensus is that a higher degree of consensus has a positive impact on organizational performance. Empirical studies, however, have produced inconsistent results for the strength and direction of this relationship, as well as for the role of potential moderators. With this meta-analysis, we provide empirical support for a positive effect of strategic consensus on organizational performance, and offer evidence for the existence of several moderators of the aforementioned relationship, which we then discuss as fruitful avenues for future research. This study enhances our understanding of this important strategy process construct and benefits managerial practice by discussing means for improving the realization and implementation of strategies.
Keywords: Strategic consensus, organizational performance, meta-analysis, strategy implementation
For a copy of the article, please contact me directly.
JOM Article Forthcoming
posted on Jan 04 2010
New Article Forthcoming in the Journal of Management:
Decision making within and between organizations: Rationality, politics, and alliance performance
Jorge Walter*, Franz W. Kellermanns**, & Christoph Lechner***
* Portland State University, ** Mississippi State University, *** University of St. Gallen
This study extends research on strategic decision making into the realm of strategic alliances by examining the interactive effect of decision process characteristics at the firm and alliance levels on alliance performance. Located both within and at the boundary between partners, alliance-related decision processes have to balance each partner’s self-interest on one hand and collective actions on the other hand, with both partners being dependent on each other's collaboration. Using primary, cross-sectional data obtained from 103 high-technology alliances, we study the effects of procedural rationality and politics in decision making. Our results corroborate the importance of procedural rationality that facilitates collective actions between alliance partners, but also uncover the pitfall of an unconditional reliance on procedural rationality at the firm level. Our results further show that politically charged decision processes impair decision makers’ ability to reconcile individual interests both within and between alliance partners, and therefore jeopardize alliance performance.
Keywords: Strategic alliances; alliance performance; decision process characteristics; procedural rationality; politics.
For a copy of the article, please contact me directly.
2009 SMS Annual International Conference
posted on Oct 14 2009
The 29th Annual International Conference of the Strategic Management Society took place from October 11-14 in Washington, D.C. Under the conference theme
"Strategies in an uncertain world," I presented my paper:
"Value creation in technology licensing deals: An empirical comparison of the pharmaceutical and computer industries."
For more information, check the SMS Website.
2009 Academy of Management Annual Meeting
posted on Aug 11 2009
From August 7-11, the 2009 Academy of Management Annual Meeting took place in Chicago, IL. Under the conference theme
"Green management matters," we presented two papers:
"The corporate context and the speed of SBU-level decision making," with Maximilian Kownatzki (Oliver Wyman) & Christoph Lechner (University of St. Gallen), which was also included in the BPS Best Conference Paper Proceedings (see post from April 9).
"Dormant ties: Reconnection choices and the value of reconnecting," with Daniel Z. Levin (Rutgers) & J. Keith Murnighan (Kellogg), which was part of the symposium on "Decay, death, and rebirth of networks and network ties" that Daniel and I organized (see post from March 20).
For more information, check the AOM Website.
Invited Talk at Oregon State University
posted on May 29 2009
Today, the College of Business at Oregon State University has invited me to present my working paper "Rent Appropriation in Technology Licensing Deals" as part of their Austin Entrepreneurship Scholars Research Seminar Series.
Thanks to Ted Khoury for the kind invitation and to all the participants for the valuable feedback on my paper!
Faculty Enhancement Grant Received
posted on May 23 2009
The Office of Graduate Studies and Research at Portland State University has generously awarded me a 2009-2010 Faculty Enhancement Grant of $6,000 for my research project: "Technology licensing deals: Motives, partner selection, and value creation."
Paper Included in Best Paper Proceedings
posted on Apr 09 2009
It is with great pleasure that I am able to announce that another research project I'm involved in will be included in the Best Paper Proceedings of the Academy of Management Meeting, this time for the 2009 Meeting in Chicago, IL:
The corporate context and the speed of SBU-level decision making
Maximilian Kownatzki*, Jorge Walter**, & Christoph Lechner***
* Oliver Wyman, ** Portland State University, *** University of St. Gallen
In this paper, we examine the impact of the context the corporate headquarter sets for its strategic business units (SBUs) on the speed of strategic decision making at the SBU level. Using two related empirical studies, we first inductively develop a taxonomy of corporate context categories and, second, deductively examine their effects on decision processes at the SBU level. Our results suggest that from a set of nine corporate context categories, four enhance decision speed (financial incentives, target definition, process-related involvement, and HR-/career incentives), one has a negative influence (content-related involvement) and four have no direct effect (arenas for discourse, coercive enforcement, sanctioning, and conflict resolution). Combining these insights with our inductive analysis, we are further able to provide explanations for why certain categories influence decision-making speed. Our study provides novel insights into strategic interactions between headquarters and SBUs as well as into the effects of the corporate context on SBU-level decision-making speed, a crucial determinant of firm performance.
Keywords: Strategic decision making; decision-making speed; corporate context; corporate-SBU interactions; grounded theory; repertory grid
Exceptional Performance Recognition Award Received
posted on Apr 02 2009
The School of Business Administration at Portland State University has generously granted me the 2009 Exceptional Performance Recognition Award. This is a competitive annual award and salary increase granted to the top 10% of faculty of the School of Business Administration.
Upcoming Symposium at the 2009 AOM Annual Meeting
posted on Mar 20 2009
My colleague Daniel Z. Levin and I are happy to announce the upcoming symposium we just got accepted at the 2009 Academy of Management Annual Meeting in Chicago, IL:
"Decay, death, and rebirth of networks and network ties." Participants: Jason P. Davis (Massachusetts Institute of Technology), Ranjay Gulati (Harvard University), Sérgio Lazzarini (IBMEC, Sao Paulo), J. Keith Murnighan (Northwestern University), Ray E. Reagans (Massachusetts Institute of Technology), and Todd R. Zenger (Washington University-St. Louis). For more information, check the AOM Website.
New York Times Article on Facebook
posted on Mar 15 2009
Since I'm recently doing some research on reconnecting dormant ties (see the previous posts from Aug 13, Apr 10, and Mar 20), a colleague sent me this interesting article: http://www.nytimes.com/2009/03/15/magazine/15wwln-lede-t.html The author contrasts the ever increasing number of 35-54 year-old users--and their main interest to reconnect with old acquaintances--with the way Facebook may profoundly change the way young people create their adult identity...
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