Showing papers in "Strategic Change in 2020"

Investigating innovation capability and organizational performance in service firms

Abstract: In the service firm, innovation capability influences both financial and nonfinancial performance. It is crucial for businesses to address key challenges anticipated by the changes in socioeconomic and environmental issues. Innovation capability is largely seen as a vital source for generating sustainable competitive advantage. This article investigates the determinants of innovation capability and their relationship with organizational performance in the Jordanian banking sector.

Servitization in the automotive industry: how car manufacturers become mobility service providers

Abstract: Funding agencies: FCT-Fundacao para a Ciencia e Tecnologia (UID/ECO/00124/2013) by LISBOA-01-0145-FEDER007722 and Social Sciences Data Lab, Project 22209. FEDER/Ministerio de Ciencia, Innovacion y Universidades Agencia Estatal de Investigacion. Project ID: PGC2018-101022-A-100.

Industrial clusters in the developing economies: Insights from the Iranian carpet industry

Abstract: Industrial clusters are perceived as potential drivers of SMEs development and efficient policy instruments to lead national and regional innovation and growth. However, these clusters in developing economies are typically placed in complex environments that impose a mix of serious challenges which adversely affect their overall performance. Therefore, this study aims to analyze the nature of these challenges and understand their dynamics using a case study of a carpet industry cluster in Iran. Using multiple sources of evidence, the study reveals two distinct, yet interrelated, levels of challenges: micro and macro. Under each level, a number of key dimensions were identified and theoretically linked which helped to conceptualize the structure of these challenges and model their dynamics.

Crowdfunding innovations in emerging economies: Risk and credit control in peer-to-peer lending network platforms

Abstract: Peer‐to‐peer (P2P) lending has emerged as a network form of crowdfunding that facilitates the loan originations outside the traditional banking model. In China, the combination of imperfect financial development and Internet technology has led to the widespread growth of a P2P network lending market. Using the theoretical lens of information asymmetry, we identify the key sources of risks facing contemporary Chinese P2P companies. Results from our two regression models reveal several factors that can be used as predictors for risk and financial management, including marriage, income, and house property. Our findings also show that collective inference by non‐expert lenders can accurately draw an inference from soft/nonstandard information. The construction of such a predictive system is important for ensuring the good operation of P2P network lending platforms in emerging economies.

Rethinking of the UK strategic public decision: Outsourcing, accountability, and governance perspectives

Abstract: The expectation gap of strategic public decision outcomes remains continued. Rising costs and lower service quality have frequently marked the outcomes. The government's information about contracts and their performance has also been criticized in recent years. Successful public decisions require effective strategic control mechanisms that link inputs, processes, outputs and outcomes straightforward and uncontroversial. This article reviews public decision outcomes from accountability and governance perspectives. It articulates the rationale regarding the rethinking of the UK strategic public decision—outsourcing

Does changing contexts affect linkages throughout the mergers and acquisition process? A multiphasic investigation of motives, pre- and post-acquisition and performance

Abstract: Mergers and Acquisitions (M&A) is an important organizational change phenomena that has attracted significant research focus to many of its aspects but only recently has attention begun to investigate its complex multi-phasic nature and its embeddedness in multiple contexts. So far the influence of the macro context in M&A deals has been little studied and its interaction with M&A’s multiphasic nature has been ignored. This article aims to address this limitation by investigating whether different macro-economic wave and non-wave periods of M&A activity influence different phases of M&A in terms of motives, pre- and post-acquisition processes and acquisition performances. Drawing on a dataset of Greek M&As, an under researched M&A context, findings suggest that acquisitions in non-wave periods are driven by different motives from those in wave periods. Interestingly though, we found no statistically significant changes in pre- and post-acquisition processes and M&A performance between wave and non-wave periods. We suggest this organizational change finding maybe due to the early stage nature of Greek M&A and may also apply to other countries with similar levels of M&A experience. Further implications for theory and practice of these findings are discussed

Demystifying Misted Mirrors to Investigate Emerging People Issues in SMEs: Implications for Strategic Change

Abstract: Although ‘mirroring’ has been studied within MNEs, the way SMEs deal with the challenges associated with implementing new products and services in change contexts remains a neglected area. By subsuming mirroring and change management theories under organisational theory, the author examines the impacts of these constructs on how four SMEs dealt with some of their challenges as they tried to launch new products, improve services and staff performance. The paper contributes to the organisation theory and strategy literature by initially identifying ‘organisations design products’ as a gap whose linkage to HRM architectural pairings produced the theoretical contribution referred to as ‘Contingent Misting’. The theory helps in identifying the structural, cultural and technical characteristics that SMEs are dealing with and deepens our understanding of some of the emerging mirroring architectures that SMEs face. A thematic categorisation approach to the analysis of the interview data led not only to the paper’s theoretical contribution of ‘Contingent Misting’ but also highlights individual and organisational-level characteristics whose combination help SMEs to better adapt to the complex challenges of product and service redesigns. The paper’s 85 semi-structured interviews in 4 UK/internationally-connected SMEs was used to successfully frame SMEs’ products, services, structures and people in a theory that highlights the contingent nature of people’s competence when SMEs implement changes to practically tackle their challenges. ‘Contingent Misting’ was previously missing in the architectural pairings and mirroring literature and is therefore proposed as the paper’s theoretical contribution. Its benefits, implications and future research directions are identified.

The behavioral and neoliberal foundations of randomizations

Abstract: One-sentence summary : Randomized controlled trials by behavioural economists pretend to be pragmatic and only interested in what really works to solve practical problems but in reality they have notorious normative and ideological aspects. Key points: Behavioural RCTs ignore contexts and composition effects and reflect the biases of those who perform assessments. Behavioural randomizers presume without demonstrating that market exchanges are the most effective form of regulation for societies in all situations of social life. The positive or negative incentives ("nudges") offered by behavioural economics aim to normalize the behaviour of consumers, users, employees or small/independent producers. They are part of a set of power devices by which individual behaviours are shaped and forced, without their knowledge, to conform to dominant class interests.

Frameworks for innovation, collaboration, and change: Value creation wheel, design thinking, creative problem‐solving, and lean

Abstract: The value creation wheel (VCW) is the decision-making meta-framework recommended to address innovation, collaboration, and change challenges in formal relationships. The VCW can integrate, complement, or be joined with other frameworks, tools, and theories to address the challenges of formal relationships. The VCW's ability to incorporate intra- and interorganizational insights emerging from internal and external stakeholders is especially useful in solving the challenges of collaborative arrangements. VCW solutions are often more realistic than Design Thinking, Creative Problem-Solving, and Lean because they accommodate the views of various stakeholders about ideas and filters, and because key decision makers must be involved in the main stages of the decision-making process.

Product architecture and product market internationalization: A conceptualization and extension

Abstract: Designing a modular product architecture and corresponding organization design may enable firms to internationalize more effectively and efficiently. Open and closed, integrated, and modular product architectures may be associated with increasing product market and firm internationalization. We postulate that the more open and modular the product architecture, the easier product market internationalization becomes. We hypothesize that an open and modular product architecture may permit international product markets to become “components” within a strategy of “modular internationalization.”