The DOI matches its Crossref record; 72 of the 72 references it cites were found in a registry or an index.
Organizational alignment as competitive advantage
Abstract
In explaining financial performance variance, strategic management researchers and industrial organization economists have emphasized industry factors, market share, generic strategy, and strategic group membership, whereas organizational contingency theorists have emphasized alignments involving environment and internal structure. This study integrates these perspectives, testing the financial performance consequences of organizational alignments, in context with the effects of industry, market share, and strategy. In an empirical study in two manufacturing industries, it is shown that some organizational alignments do produce supernormal profits, independent of the profits produced by traditional industry and strategy variables. The results are consistent with the resource view of the firm: to the extent that alignments result from skill rather than luck, it is reasonable to regard alignment skill as a strategic resource capable of generating economic rents. The article suggests that, by focusing on industry and competitive strategy variables, contemporary industrial organization and strategy research has understated the role of organizational factors in producing sustainable competitive advantage.
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Cited by
Is the Resource-Based “View” a Useful Perspective for Strategic Management Research?
Priem, R. L., & Butler, J. E. (2001) · Academy of Management Review · doi:10.5465/amr.2001.4011928 · Cited by 4,461
Atuahene-Gima, K., & Ko, A. (2001) · Organization Science · doi:10.1287/orsc.12.1.54.10121 · Cited by 1,008
Vorhies, D. W., & Morgan, N. A. (2003) · Journal of Marketing · doi:10.1509/jmkg.67.1.100.18588 · Cited by 720
Short, J. C., Broberg, J. C., Cogliser, C. C., & Brigham, K. H. (2010) · Organizational Research Methods · doi:10.1177/1094428109335949 · Cited by 644
Wilden, R., & Gudergan, S. P. (2015) · Journal of the Academy of Marketing Science · doi:10.1007/s11747-014-0380-y · Cited by 631
Metadata
- Authors
- Powell, T. C.
- Venue
- Strategic Management Journal
- Publisher
- Wiley
- Published
- 1992-02
- Volume
- 13
- Issue
- 2
- Pages
- 119-134
- ISSN
- 0143-2095 (ISSN-L)
- 1097-0266
- OpenAlex
- W2024504731
- Cited by
- 872
- References
- 72
- FWCI
- 29.15
- Type
- journal article
- Language
- en
- Open access
- closed
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
