Organizational Decline and Innovation: Turnarounds and Downward Spirals
研究了组织在衰退时选择创新或僵化反应可能导致的四种结果，包括两种下行螺旋和两种扭转，并分析了每种结果出现的条件，对理解组织生存与死亡有参考价值。
We consider four scenarios that can unfold when organizations either innovate or respond rigidly to organizational decline. Two of the scenarios are downward spirals that threaten an organization with possible death, and two of the scenarios are turnarounds. These scenarios are important because they can determine the fate of an organization—survival or death. We explore the conditions under which each of these scenarios is likely to emerge, developing original theory and specifying propositions about those conditions. In developing this theoretical framework, we distinguish between flexible and inflexible innovations as factors in turnaround success or failure. Our model extends current theory on organizational decline to highlight the feedback effects of the consequences of decline and to explain the circumstances in which particular feedback effects are likely to occur.