2014
DOI: 10.1504/ijhrdm.2014.069327
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Interim management utilisation, firm flexibility and its impact on firm performance

Abstract: The utilisation of interim management increases steadily. However, its impact on firms' flexibility and performance remains unclear. Drawing on the flexible firm model, we derive hypotheses for the influence of interim management utilisation on the firm's functional, numerical, and financial flexibility. We test the hypotheses on a dataset of 294 German firms. Our results show that interim management utilisation is positively related to the firm's numerical and financial flexibility but not to functional flexi… Show more

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Cited by 7 publications
(2 citation statements)
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“…The assignment is, therefore, largely dependent on organizational prerequisites such as change readiness (Högman & Pontusson, 2015), general agility (Schechowiz & Sumilo, 2019) and support for the change by subordinates and management colleagues (Vorst, 2009). However, in terms of firm flexibility (Atkinson, 1984), two studies have provided some support that the utilization of IMs increases financial and numerical firm flexibility, which, in turn, has an impact on organizational performance (Bruns & Kabst, 2005;Isidor, Schwens & Kabst, 2014).…”
Section: Invisible Outcomesmentioning
confidence: 99%
“…The assignment is, therefore, largely dependent on organizational prerequisites such as change readiness (Högman & Pontusson, 2015), general agility (Schechowiz & Sumilo, 2019) and support for the change by subordinates and management colleagues (Vorst, 2009). However, in terms of firm flexibility (Atkinson, 1984), two studies have provided some support that the utilization of IMs increases financial and numerical firm flexibility, which, in turn, has an impact on organizational performance (Bruns & Kabst, 2005;Isidor, Schwens & Kabst, 2014).…”
Section: Invisible Outcomesmentioning
confidence: 99%
“…Research indicates that this theoretical tension results in practical challenges. PIMs provide companies with valuable skills and knowledge (Isidor et al, 2014). Interim management can be a lucrative arrangement and many PIMs often compete for the same job.…”
Section: Introductionmentioning
confidence: 99%