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The moderating influence of strategic orientation on the strategy formation capability–performance relationship
Author(s) -
Slater Stanley F.,
Olson Eric M.,
Hult G. Tomas M.
Publication year - 2006
Publication title -
strategic management journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 11.035
H-Index - 286
eISSN - 1097-0266
pISSN - 0143-2095
DOI - 10.1002/smj.569
Subject(s) - strategic management , context (archaeology) , business , process management , strategy implementation , resource (disambiguation) , strategic planning , orientation (vector space) , industrial organization , knowledge management , computer science , marketing , mathematics , computer network , biology , paleontology , geometry
An effective strategy formation capability is a complex organizational resource—a dynamic capability that should lead to superior performance. Strategy scholars have examined the strategy formation capability from many perspectives. However, no study has examined a comprehensive model of strategy formation in the context of the firm's strategic orientation. We develop and examine such a model. The results show that strategic orientation moderates the relationship between different elements of the strategy formation capability and performance. Copyright © 2006 John Wiley & Sons, Ltd.