Following Doctors' Orders: Organizational Change as a Response to Human Capital Bargaining Power
成果类型:
Article
署名作者:
Brown, Jill A.; Gianiodis, Peter T.; Santoro, Michael D.
署名单位:
Bentley University; Clemson University; Lehigh University
刊物名称:
ORGANIZATION SCIENCE
ISSN/ISSBN:
1047-7039
DOI:
10.1287/orsc.2015.0986
发表日期:
2015
页码:
1284-1300
关键词:
organizational change
strategic human capital
structure
governance
Bargaining power
摘要:
Organizational change is facilitated by both internal and external factors, yet little is known about how they might be linked. Through a case study of one hospital's change from a nonprofit to a nonprofit/for-profit organizational structure, we find that human capital bargaining power is a key mechanism that integrates internal and external drivers of change. However, a paradox surfaces whereby the strength of the bargaining power can force structural changes that may be counterproductive. Our results show that human capital bargaining power is a double-edged sword, shifting the governance structure to benefit those with power by providing additional rents, but creating challenges for the ongoing management and retention of such valuable human capital. Our findings have implications for the long-term survival of talent-intensive organizations where human capital bargaining power is strong.