New Insights about Strategic Consensus & Firm Performance

Deep Dive Podcast: New Insights about Strategic Consensus & Firm Performance
We've often seen mixed results in strategic management when linking strategic consensus to firm performance. But our study brings a fresh perspective to this puzzle!
We've developed a new model to make sense of these varied findings. Based on data from manufacturing companies in Spain, we've discovered an intriguing pattern:
1️⃣ The connection between consensus on competitive methods and organizational performance, influenced by environmental dynamism, is actually shaped by consensus on objectives.
2️⃣ This finding offers a new angle to understand why previous research showed inconsistent results on the consensus-performance relationship.
Our study suggests it's time to think more complexly about how competitive method consensus, agreement on objectives, performance, and the business environment interact.
This insight could be a game-changer for strategists and business leaders who want to steer their organizations toward success in dynamic environments.
Get article: González-Benito, J., Aguinis, H., Boyd, B. K., & Suarez-González, I. 2012. Coming to consensus on strategic consensus: A mediated moderation model of consensus and performance. Journal of Management, 38(6): 1685-1714. doi.org/10.117...