Suchergebnisse

This volume highlights and builds on many of the complements and alternatives to rationality that March articulated: a technology of foolishness, garbage can models of decision making, a logic of appropriateness, organizational learning, and a variety of models of chance and luck.

With work spanning management, political science, sociology, public administration and education, James G. March was a founder of organization theory. Honouring his exceptional ability to go beyond the models of rationality so prevalent in much of organizational scholarship, this edited collection builds on March's imaginative, evocative ideas and encourages others to appreciate and explore them. Jim March left his co-authors Herbert Simon and Richard Cyert at the Carnegie Institute of Technology, where they had founded what is known as the Carnegie School and moved to California in the mid 1960s. This volume highlights and builds on many of the complements and alternatives to rationality that March articulated once settled at Stanford: a technology of foolishness, garbage can models of decision making, a logic of appropriateness, organizational learning, and a variety of models of chance and luck. Employing a variety of methodological tools including models, laboratory experiments and quantitative and qualitative analysis, the chapters seek to extend our understandings of how decisions happen, how actors behave, how organizations navigate the traps of exploration and exploitation, and how we might contemplate human action in terms of truth, beauty and justice. The volume is a celebration of Jim by his students and colleagues that gives readers a sense of this extraordinary person, poet, sage and scholar.

Numbers such as output controls drive action in organizations, yet we know little about how key numbers are created and take on authority. Using qualitative data from multiple properties managed by a hotel management firm, we find that individuals develop and then become committed to achieving budget goals through a ritual of quantification. The budget numbers serve as output controls for the properties and employees. We find that the strength of the budget number as an undisputed future projection emerges from the ritualistic intertwining of process and normative controls in the course of producing a robust output control. Process controls delineate stages in the budgeting cycle, while normative controls (performative work and emotional investment) operate at each stage, propelling people from one stage to the next while also increasing commitment to both the process and the outcome. The result is a single reified budget number. This ritual of quantification further fosters collective solidarity and an underlying belief in the objective authority of numbers to motivate action, assess success, and drive continuous organizational growth. This work has implications for our understanding of systems of organizational control, rituals of quantification, and the microprocesses supporting the emergence of numbers seen as objective and neutral.

We contrast life-cycle and path-dependent views of entrepreneurial firms by examining the evolution of top management teams. We show how initial conditions constrain subsequent outcomes by demonstrating that the founding team's prior functional experiences and initial organizational functional structures predict subsequent top manager backgrounds and later functional structures. We find that narrowly experienced teams have trouble adding functional expertise not already embodied in the team. We also find that firms beginning with a limited range of functional positions are less likely to develop complete functional structures. Importantly, we do not find functional structure and functional experience to be interchangeable. We find that firms beginning with more complete functional structures are likely to go public faster, and firms beginning with broadly experienced team members obtain venture capital more quickly regardless of the experience and structural composition of the top management team in place at the time of these outcomes. Further, broadly experienced founding teams that build an early team with a full complement of functional positions achieve important milestones faster than firms that start with neither experience nor structure. This suggests that creating positions as "placeholders" in new ventures, where positions are created and filled with the intent of bringing individuals with more relevant experience onboard later, is not obviously a path by which to succeed. By examining the origins of top management team experience and functional structures, we illustrate the lasting imprint of founders on top management team composition and firm outcomes.