Equifinality and the Strategic Groups — Performance Relationship
The nature of the relationship between strategic groups and performance has long been a controversial issue. We examine the possibility that incorporating the concept of equifinality may shed light on the relationship. Whereas most studies assume that a best-performing strategy exists for a given co...
| Veröffentlicht in: | Journal of Managerial Issues. - Pittsburg State University. - 19(2007), 2, Seite 208-232 |
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| Format: | Online-Aufsatz |
| Sprache: | English |
| Veröffentlicht: |
2007
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| Zugriff auf das übergeordnete Werk: | Journal of Managerial Issues |
| Schlagworte: | Economics Business Health sciences Philosophy Mathematics |
| Zusammenfassung: | The nature of the relationship between strategic groups and performance has long been a controversial issue. We examine the possibility that incorporating the concept of equifinality may shed light on the relationship. Whereas most studies assume that a best-performing strategy exists for a given context, we build on Gresov and Drazin's (1997) theorizing to suggest that multiple strategic groups can be equally effective under a given set of conditions, and that as conditions change so do the strategic groups that are equifmal. More specifically, we develop and test hypotheses concerning the prevalence and viability of different strategic groups under different situations. Our results suggest that progress toward finally diagnosing the strategic groups-performance relationship may depend in part on explicitly addressing the role of equifinality. |
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| ISSN: | 23287470 |