Short‐term versus Long‐term Impact of Managers: Evidence from the Football Industry
利用足球组织12年纵向数据，研究发现长期任职的管理者与高于平均的绩效相关，而短期变更仅带来短暂绩效改善，长期却因潜在弱点再次显现而恶化，揭示了短期缓解的假象及其长期后果。
Studies into the impact of top manager change on organization performance have revealed inconsistent findings. Using longitudinal data over a 12‐year period on football organizations, we test for the short‐term and long‐term effects of manager change in comparison to the tenures of incumbent top managers. We find that long incumbent tenures are associated with performance far above the average. But when looking at change events, contrary to theoretical expectations, we find that change in the short term leads to a brief reprieve in poor performance only for performance to deteriorate in the long term as underlying weaknesses once again take hold. Our findings reveal the illusion of a short‐term reprieve and the long‐term consequences of this illusion. We map several implications for research and practice from our work.