Chief executive scanning emphases, environmental dynamism, and manufacturing firm performance

• 成果类型: Article
• 署名作者: Garg, VK; Walters, BA; Priem, RL
• 署名单位: University of Louisiana System; Louisiana Technical University; Missouri State University; University of Wisconsin System; University of Wisconsin Milwaukee
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.335
• 发表日期: 2003
• 页码: 725-744
• 关键词: CEO; scanning; dynamism; Manufacturing; performance

摘要

Chief executives must allocate their scarce time for scanning efforts among relevant domains of their firms' external environment and their firms' internal circumstances. We argue that high-performing CEOs vary their relative scanning emphases on different domains according to the level of dynamism they perceive in their external environments. The concepts of dominant logic and sector importance were used to develop predictions about which external domains and which internal domains should receive relatively more or less scanning emphasis in external environments that, overall, are more dynamic or more stable. A field survey of 105 single-business manufacturing firms evaluated CEOs' scanning emphases and firm performance. Results indicated that, for dynamic external environments, relatively more CEO attention to the task sectors of the external environment and to innovation-related internal functions was associated with high performance. In stable external environments, however, simultaneously increased scanning of the general sectors in the external environment and efficiency-related internal functions produced higher performance. These relationships were strongest between relative scanning emphases among domains and sales growth. We discuss the implications of these results for researchers and practitioners. Copyright (C) 2003 John Wiley Sons, Ltd.