Revisiting the Strategy, Structure, and Performance Paradigm: The Case of Venture Capital
通过分析317家专业服务公司的面板数据,提出新的战略衡量指标,揭示核心知识与协调挑战如何驱动组织结构,并证明战略与结构的匹配度对绩效有重要影响。
The strategy-structure-performance (SSP) paradigm has developed a central role within strategy research. However, recent critiques of the paradigm have called for research that uses more appropriate measures of strategy and structure, inductive methods that enable richer exploration of the paradigm, and extension of the paradigm to the expert-focused organizations that have grown in importance since the paradigm was first developed. This paper answers this call by integrating inductive methods with quantitative analysis of a unique panel data set of 317 professional services firms (PSFs) to find new measures of strategy and to understand their linkages to organizational structure within such firms. It shows how the core knowledge required for decision making and the coordination challenges in these firms drive their internal structures and that the degree of strategy-structure fit has important performance implications for those firms.