Premium
Competitive dynamics, strategic consistency, and organizational survival
Author(s) -
Lamberg JuhaAntti,
Tikkanen Henrikki,
Nokelainen Tomi,
SuurInkeroinen Henri
Publication year - 2009
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.726
Subject(s) - consistency (knowledge bases) , construct (python library) , argument (complex analysis) , key (lock) , competitive advantage , business , microeconomics , industrial organization , computer science , process management , economics , marketing , biochemistry , chemistry , computer security , artificial intelligence , programming language
This study investigates strategic consistency in competitive behavior. We construct a logically consistent evolutionary model, providing a causal argument to link a level of strategic consistency to long‐term organizational survival. According to our results, strategic consistency seems to be related to both organizational survival and the most efficient change over time concerning the key elements of a firm's strategy. One of the benefits of the model is that some of the components and processes may be manipulated through experimental or simulation interventions. This means that the model can be formally tested in future studies and managers can use it to fine‐tune patterns of competitive behavior. Copyright © 2008 John Wiley & Sons, Ltd.