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    Cognitive Change, Strategic Action and Organization Renewal


    Barr, P.S and Stimpert, J.L and Huff, Anne Sigismund (1992) Cognitive Change, Strategic Action and Organization Renewal. Strategic Management Journal, 13. pp. 15-36. ISSN 0143-2095

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    Abstract

    Organizational renewal requires that a firm’s top managers make timely adjustments in their mental models following significant changes in the environment. Our initial propositions about the difference between renewal and decline focused on whether similar organizations in similar contexts differ in their ability to recognize signi&ant changes in their environments. Analysis of longitudinal data from a matched pair of U.S. railroads suggested, however, that renewal hinges not so much on noticing new conditions, but on being able to link environmental change to corporate strategy and to modify that linkage over time. In the successful company we studied organizational renewal is a continuous process of first and second order changes in cognitive maps

    Item Type: Article
    Keywords: Cognition; strategy; change; learning; decline;
    Academic Unit: Faculty of Social Sciences > School of Business
    Item ID: 5916
    Identification Number: https://doi.org/10.1002/smj.4250131004
    Depositing User: Anne Huff
    Date Deposited: 02 Mar 2015 14:38
    Journal or Publication Title: Strategic Management Journal
    Publisher: John Wiley & Sons, Inc
    Refereed: Yes
    URI:

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