Introduction Globally, most companies will, at some point in their history, face a turnaround situation in which they experience a severe decline in performance. Such decline tends to have a tremendous impact on a company's resources and poses a substantial challenge...
Source: https://unsplash.com/de/s/fotos/sailing-boat-sailing Today’s firms have a unique challenge if they want to stay competitive. In addition to effective market strategies, they need to navigate their so-called non-market environment to be successful. Firm’s...
We express our utmost gratitude to the Journal of Management Studies’ general editor and associate editors (Wickert, Potočnik, Prashantham, Shi, and Snihur, 2024) for their diligent work and wholeheartedly support the message conveyed in their article to stimulate...
Most investment firms today engage in sustainable investing, which are investment strategies that consider environmental and social factors. Estimates of the market share of sustainable investing reach as high as 36% of all assets under management. The sharp rise of...
Source: https://pixabay.com/photos/men-megaphone-employees-5794501/ Unfair managerial decisions can be a significant source of discontent among employees. Let us give an illustrative example from the world of football. In the previous season (2022-2023), Leicester...
Counter to conventional wisdom, investors react negatively to announcements by firms to downsize their workforce. This begs the question whether and how top managers of downsizing firms try to attenuate the negative investor reaction to preserve investors’ vital...
Have you ever been through an organizational change and felt like there was just "too much on your plate," that you were "juggling too many balls," or that you needed to "level up your game" to keep up? If so, you’re not alone. In our article, recently published in...
Summary Where do middle managers fit in modern organizations? We reignite the debate on the merits of middle management. We advance a framework to structure theory and thinking on middle managers along their roles, processes, and behaviors. We argue that middle...
How can innovation ecosystems emerge despite ineffective bureaucracy, resource constraints, and conflicting agendas of government and university agencies? Our study of the Israeli nanotechnology ecosystem, published in the Journal of Management Studies, reveals how...
Strategic change as a response to internal social comparison among business group affiliated firms When do firms initiate strategic changes? The behavior theory of the firm (BTOF) regards strategic change as a response to unsatisfactory performance. Firms detect...