Top Management Team Advice Seeking and Exploratory Innovation: The Moderating Role of TMT Heterogeneity
Research on strategic decision making has considered advice‐seeking behaviour as an important top management team attribute that influences organizational outcomes. Yet, our understanding about how top management teams utilize advice to modify current strategies and pursue exploratory innovation is...
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| Veröffentlicht in: | Journal of management studies 2010-11, Vol.47 (7), p.1343-1364 |
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| container_end_page | 1364 |
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| container_issue | 7 |
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| container_title | Journal of management studies |
| container_volume | 47 |
| creator | Alexiev, Alexander S. Jansen, Justin J. P. Van den Bosch, Frans A. J. Volberda, Henk W. |
| description | Research on strategic decision making has considered advice‐seeking behaviour as an important top management team attribute that influences organizational outcomes. Yet, our understanding about how top management teams utilize advice to modify current strategies and pursue exploratory innovation is still unclear. To uncover the importance of advice seeking, we delineate between external and internal advice seeking and investigate their impact on exploratory innovation. We also argue that top management team heterogeneity moderates the impact of advice seeking on exploratory innovation. Findings indicated that both external and internal advice seeking are important determinants of a firm's exploratory innovation. In addition, we observed that top management team heterogeneity facilitates firms to act upon internal advice by combining different perspectives and developing new products and services. Interestingly, heterogeneous top management teams appeared to be less effective to leverage external advice and pursue exploratory innovation. |
| doi_str_mv | 10.1111/j.1467-6486.2010.00919.x |
| format | Article |
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J.</creatorcontrib><creatorcontrib>Volberda, Henk W.</creatorcontrib><collection>Istex</collection><collection>RePEc IDEAS</collection><collection>RePEc</collection><collection>CrossRef</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>Journal of management studies</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Alexiev, Alexander S.</au><au>Jansen, Justin J. P.</au><au>Van den Bosch, Frans A. J.</au><au>Volberda, Henk W.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Top Management Team Advice Seeking and Exploratory Innovation: The Moderating Role of TMT Heterogeneity</atitle><jtitle>Journal of management studies</jtitle><date>2010-11</date><risdate>2010</risdate><volume>47</volume><issue>7</issue><spage>1343</spage><epage>1364</epage><pages>1343-1364</pages><issn>0022-2380</issn><eissn>1467-6486</eissn><coden>JMASB2</coden><abstract>Research on strategic decision making has considered advice‐seeking behaviour as an important top management team attribute that influences organizational outcomes. Yet, our understanding about how top management teams utilize advice to modify current strategies and pursue exploratory innovation is still unclear. To uncover the importance of advice seeking, we delineate between external and internal advice seeking and investigate their impact on exploratory innovation. 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| ispartof | Journal of management studies, 2010-11, Vol.47 (7), p.1343-1364 |
| issn | 0022-2380 1467-6486 |
| language | eng |
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| source | RePEc; Wiley Online Library Journals Frontfile Complete |
| subjects | Decision making Determinants Group composition Information acquisition Innovation Innovations Management theory Organizational effectiveness Senior management Strategic management Strategic planning Studies Teams Upper management |
| title | Top Management Team Advice Seeking and Exploratory Innovation: The Moderating Role of TMT Heterogeneity |
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