Read an excerpt of the new book, “Winning The Long Game: How Strategic Leaders Shape The Future,” co-authored by Research Director Paul Schoemaker. …Read More
Winning the Long Game
strategy
12 Ways to Assess Your Strategic Plan, From Paul Schoemaker
Paul Schoemaker’s latest article for Inc. Magazine, How to Know If a New Strategy Will Work, offers practical advice to help managers check the viability of new project plans. In the piece, the Mack Center research director shares a 12-point diagnostic exercise, designed to assess upfront if your strategy is…Read More
Balance Within and Across Domains: The Performance Implications of Exploration and Exploitation in Alliances
Organizational research advocates that firms balance exploration and exploitation, yet it acknowledges inherent challenges in reconciling these opposing activities. To overcome these challenges, such research suggests that firms establish organizational separation between exploring and exploiting units or engage in temporal separation whereby they oscillate between exploration and exploitation over time.…Read More
Purpose and Progress in the Theory of Strategy: Comments on Gavetti
This article comments on the behavioral theory of strategy advanced in Gavetti. His proposal offers valuable insights into the cognitive aspects of strategy when leaders are trying for big wins. It provides less guidance for understanding the actual achievement of success, partly because it underestimates the role of serendipity and of contextual factors illuminated by prior strategy research.…Read More
The Evolution of Alliance Portfolios: The Case of Unisys
How do alliance portfolios evolve? We develop grounded theory based on Unisys’ case, which reveals how exogenous technological changes at the industry level and shifts in a firm’s strategy shape the composition of partners and the nature of alliance relationships.…Read More
Balancing Exploration and Exploitation Within and Across Domains: Evaluation of Performance Implications in Alliance Portfolios
Organizational research advocates that firms balance exploration and exploitation, yet it acknowledges inherent challenges in reconciling these opposing activities. To overcome these challenges, such research suggests that firms establish organizational separation between exploring and exploiting units or engage in temporal separation whereby they oscillate between exploration and exploitation over time.…Read More
Value Creation and Destruction: A Study of the US Medical Devices Industry
This dissertation studies firm strategy to gain technological knowledge from external sources in dynamic industries and the performance implications of these strategies. In dynamic industries, firms need to integrate new knowledge, and build new resources and capabilities to maintain competitive advantage.…Read More