Premium
Experience discrepancy in leadership succession: Does it matter? Evidence from the Elite European Soccer Clubs (1994–2015)
Author(s) -
Lassalle Frédéric,
Meschi PierreXavier,
Metais Emmanuel
Publication year - 2018
Publication title -
strategic change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.527
H-Index - 16
eISSN - 1099-1697
pISSN - 1086-1718
DOI - 10.1002/jsc.2212
Subject(s) - successor cardinal , elite , ecological succession , affect (linguistics) , similarity (geometry) , management , political science , business , psychology , economics , politics , mathematics , computer science , law , artificial intelligence , mathematical analysis , ecology , communication , image (mathematics) , biology
The level of profile similarity between the new leader and the former one matters and will affect subsequent strategic change and thus performance. An excess of exploration as well as an excess of exploitation are detrimental to future performance. When replacing a leader, owners should take into consideration the profile and experience dissimilarities between the predecessor and the successor.