Managerial discretion and internal alignment under regulatory constraints and change

• 成果类型: Review
• 署名作者: Peteraf, Margaret; Reed, Randal
• 署名单位: Morgan State University
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.628
• 发表日期: 2007
• 页码: 1089-1112
• 关键词: Managerial discretion; internal fit; complementarities; adaptation; DYNAMIC MANAGERIAL CAPABILITIES; dynamic fit; CONTINGENCY THEORY

摘要

This paper investigates the effects of regulatory constraints and their relaxation on managerial discretion and internal fit in the context of the U.S. airline industry. Our results suggest that when managers' discretion is limited in one realm of choice, they compensate by using their greater level of discretion in some other arena to achieve internal fit. We show that the pursuit of fit matters, in the sense of having measurable efficiency consequences, and that fit trumps 'best practice,' at least in this context. In this respect, our findings provide a validation of the contingency perspective on internal fit. The ability to achieve fit under changing conditions may express a dynamic managerial capability necessary for adaptive organizational change. Copyright (C) 2007 John Wiley & Sons, Ltd.