The DOI matches its Crossref record; 8 of the 8 references it cites were found in a registry or an index.
Polychronicity in top management teams: The impact on strategic decision processes and performance of new technology ventures
Open accessAbstract
This study focuses on polychronicity as a cultural dimension of top management teams (TMTs). TMT polychronicity is the extent to which team members mutually prefer and tend to engage in multiple tasks simultaneously or intermittently instead of one at a time and believe that this is the best way of doing things. We explore the impact of TMT polychronicity on strategic decision speed and comprehensiveness and, subsequently, its effect on new venture financial performance. Contrary to popular time‐management principles advocating task prioritization and focused sequential execution, we found that TMT polychronicity has a positive effect on firm performance in the context of dynamic unanalyzable environments. This effect is partially mediated by strategic decision speed and comprehensiveness. Our study contributes to research on strategic leadership by focusing on a novel value‐based characteristic of the TMT (polychronicity) and by untangling the decision‐making processes that relate TMT characteristics and firm performance. It also contributes to the attention‐based view of the firm by positioning polychronicity as a new type of attention structure. Copyright © 2010 John Wiley & Sons, Ltd.
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Cited by
New Venture Teams: A Review of the Literature and Roadmap for Future Research
Klotz, A. C., Hmieleski, K. M., Bradley, B. H., & Busenitz, L. W. (2014) · Journal of Management · doi:10.1177/0149206313493325 · Cited by 593
Entrepreneurial Team Composition Characteristics and New Venture Performance: A Meta–Analysis
Jin, L., Madison, K., Kraiczy, N. D., Kellermanns, F. W., Crook, T. R., & Xi, J. (2017) · Entrepreneurship Theory and Practice · doi:10.1111/etap.12232 · Cited by 339
What is strategic leadership? Developing a framework for future research
Samimi, M., Cortes, A. F., Anderson, M. H., & Herrmann, P. (2022) · The Leadership Quarterly · doi:10.1016/j.leaqua.2019.101353 · Cited by 328
Granqvist, N., & Gustafsson, R. (2016) · Academy of Management Journal · doi:10.5465/amj.2013.0416 · Cited by 266
Innovating Beyond the Horizon: CEO Career Horizon, Top Management Composition, and R&D Intensity
Heyden, M. L. M., Reimer, M., & Van Doorn, S. (2017) · Human Resource Management · doi:10.1002/hrm.21730 · Cited by 164
Metadata
- Authors
- Souitaris, V., & Maestro, B. M. M.
- Venue
- Strategic Management Journal
- Publisher
- Wiley
- Published
- 2009-12-22
- Volume
- 31
- Issue
- 6
- Pages
- 652-678
- ISSN
- 0143-2095 (ISSN-L)
- 1097-0266
- OpenAlex
- W2079676823
- Cited by
- 240
- References
- 8
- FWCI
- 6.32
- Type
- journal article
- Language
- en
- Open access
- bronze
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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.