Cited by 1,045Innovation and Knowledge ManagementOrganizational Management and LeadershipManagement and Organizational Studies

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Dynamic Managerial Capabilities: Review and Assessment of Managerial Impact on Strategic Change

Helfat, Constance E., Martin, Jeffrey A.·2015·Journal of Management

DOI 10.1177/0149206314561301

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Abstract

The dynamic managerial capabilities literature has developed over the past decade to the point where a review and synthesis of relevant literature can move the scholarly conversation forward. The concept of dynamic managerial capabilities—the capabilities with which managers create, extend, and modify the ways in which firms make a living—helps to explain the relationship between the quality of managerial decisions, strategic change, and organizational performance. We clarify theoretical constructs and their relationships, review and synthesize empirical research on the role and impact of managerial capabilities directed toward strategic change, and suggest avenues for future research. Our review begins with an overview of theoretical conceptions of dynamic managerial capabilities. Then we organize the remainder of the review around the three core underpinnings of dynamic managerial capabilities: managerial cognition, managerial social capital, and managerial human capital. In our review, we examine evidence from studies of dynamic managerial capabilities and reinterpret evidence prior to the introduction of the dynamic managerial capabilities concept through that lens. Consistent with the dynamic managerial capabilities concept, empirical research shows that managers differ in their impact on strategic change and firm performance and that differences in managerial cognition, social capital, and human capital lead to different outcomes.

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Authors: Helfat, C. E., & Martin, J. A.
Affiliations: Dartmouth College (US)
University of Alabama (US)
ORCID: Helfat, Constance E.
Venue: Journal of Management
Publisher: SAGE Publications
Published: 2014-12-11
Volume: 41
Issue: 5
Pages: 1281-1312
ISSN: 0149-2063 (ISSN-L)
1557-1211
DOI: 10.1177/0149206314561301
OpenAlex: W2034909844
Cited by: 1,045
References: 159
Citations by year: 2026: 164 · 2025: 142 · 2024: 112 · 2023: 112 · 2022: 101 · 2021: 101 · 2020: 99 · 2019: 72 · 2018: 71 · 2017: 39 · 2016: 23 · 2015: 9
FWCI: 72.61
Type: journal article
Language: en
Open access: closed
Licence: journals.sagepub.com/page/policies/text-and-data-mining-license (tdm)
Locations: Journal of Management (publishedVersion)
Topics: Social Sciences › Business, Management and Accounting › Strategy and Management › Innovation and Knowledge Management
Social Sciences › Business, Management and Accounting › Management of Technology and Innovation › Organizational Management and Leadership
Social Sciences › Business, Management and Accounting › Organizational Behavior and Human Resource Management › Management and Organizational Studies
Keywords: dynamic managerial capabilities, strategic change, managerial cognition, managerial social capital, managerial human capital, firm performance, managerial decision quality, organizational capabilities

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Dynamic Managerial Capabilities: Review and Assessment of Managerial Impact on Strategic Change

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