Entry and exit decisions in flexible teams

• 成果类型: Article; Proceedings Paper
• 署名作者: Christensen, Michael; Knudsen, Thorbjorn
• 署名单位: University of Southern Denmark
• 刊物名称: JOURNAL OF INTERNATIONAL BUSINESS STUDIES
• ISSN/ISSBN: 0047-2506
• DOI: 10.1057/palgrave.jibs.8400413
• 发表日期: 2008
• 页码: 1278-1292
• 关键词: ORGANIZATION THEORY; decision-taking structures; Industrial Organization; entry and exit decisions; market turmoil; flexible teams

摘要

The present study identifies a major limitation of current research on multinational enterprises (MNEs). Joint decision-making in a distributed setting is of critical importance in practice, but has received little attention in our theories. To address this gap in knowledge, we examine the effects of flexible decision teams when MNEs assess turbulent markets. Remarkably, flexible teams composed of fallible evaluators can outperform what is usually thought of as an optimal'' decision. Our main result supports the claims advanced in recent empirical studies. Structural flexibility can help MNEs achieve high levels of performance, even in conditions of turbulence.