Short term financial success in large business organizations: The environment‐strategy connection

Jauch, Lawrence R.; Osborn, Richard N.; Glueck, William F.

doi:10.1002/smj.4250010106

Cited by 122 publications

(60 citation statements)

References 23 publications

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“…These findings are consistent with Jauch, Osborn, and Glueck (1980), who employed moderated regression analysis to examine the interacting effects of nine environmental changes on eight strategic decisions and two performance measures. Their results suggested that the interaction of environmental changes and strategic decisions was not significant.…”

Section: Journal Of Hospitality and Tourism Researchsupporting

confidence: 90%

Strategic Posture, Environmental Munificence, and Performance: An Empirical Study of Independent Restaurants

Jogaratnam

Tse

Olsen

1999

Journal of Hospitality & Tourism Research

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Normative theory holds that strategy should favorably align organizations with their environments. The primary purpose of this study was to provide a test of the contingency effect that environmental munificence may have on the relationship between strategic posture and performance at the business-unit level. A nationwide sample of 311 independent restaurateurs, representing a 20.7% response rate, responded to a mail-out survey. Moderated regression analysis was used to assess the independent effects and the contingency relationships or interactions between the predictor (strategic posture) and the moderator (environmental munificence). The results suggest that both strategic posture and environmental munificence are significant independent predictors of performance. The moderating role of environmental munificence on the effect of strategic posture on performance was not established. However, the independent and additive effects of both strategic posture and environmental munificence were significant. Overall, munificence explains a greater proportion of the variance in performance than does strategic posture.

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Section: Journal Of Hospitality and Tourism Researchsupporting

confidence: 90%

Strategic Posture, Environmental Munificence, and Performance: An Empirical Study of Independent Restaurants

Jogaratnam

Tse

Olsen

1999

Journal of Hospitality & Tourism Research

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“…This sector subdivision has been commonly adopted in previous research (e.g. Khandwalla, 1977;Jauch, Osborn, & Glueck, 1980;Tan & Litschert, 1994;Grant, 1998;Jogaratnam, 2005). For the purposes of this study, environmental uncertainty is modeled in terms of three component variables, namely, its hostility, dynamism and complexity.…”

Section: Perceived Environmental Uncertaintymentioning

confidence: 98%

Environmental Uncertainty and Scanning Behavior: An Assessment of Top-Level Hotel Executives

Jogaratnam

Wong

2009

International Journal of Hospitality & Tourism Administrati

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Serious concern by hoteliers pertaining to how managers' perceptions of environmental uncertainty may influence the incidence and scope of environmental scanning in the company's strategy formulation process has not been matched by appropriate research in the area. It has been argued that objective measures of the instability, or volatility associated with the heterogeneous and diverse hospitality business environment may be less strongly related to the strategy-making process than subjective perceptions to which managers respond. The findings here suggest that hotel executives perceive higher levels of hostility, dynamism, and complexity in the task environment when compared to the remote environment and tend to scan the environment with greater frequency and more broadly in response to increased uncertainty.

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“…The co-alignment theory suggests that the ability of an organisation to adapt to the changing environmental contingencies to 'fit' with the operating context is the key to survival and enhanced performance (Chandler 1962;Jauch et al 1980;Lawrence 1981;Yasai-Ardekani and Nystrom 1996). The effectiveness of the adaptive response is dependent on aligning the response to the environmental circumstances faced by the organisation (Miles and Snow 1978;Hambrick 1983;Lee and Miller 1996;Strandholm et al 2004).…”

Section: Dea Input Variable -Environmental Uncertaintymentioning

confidence: 99%

An environmental uncertainty-based diagnostic reference tool for evaluating the performance of supply chain value streams

Gallear

Ghobadian

et al. 2013

Production Planning & Control

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This research has responded to the need for diagnostic reference tools explicitly linking the influence of environmental uncertainty and performance within the supply chain. Uncertainty is a key factor influencing performance and an important measure of the operating environment. We develop and demonstrate a novel reference methodology based on the data envelopment analysis (DEA) for examining the performance of value streams within the supply chain with specific reference to the level of environmental uncertainty they face. In this paper, using real industrial data, 20 product supply value streams within the European automotive industry sector are evaluated. Two are found to be efficient. The peer reference groups for the underperforming value streams are identified and numerical improvement targets are derived. The paper demonstrates how DEA can be used to guide supply chain improvement efforts through role-model identification and target setting, in a way that recognises the multiple dimensions/outcomes of the supply chain process and the influence of its environmental conditions. We have facilitated the contextualisation of environmental uncertainty and its incorporation into a specific diagnostic reference tool.

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Short term financial success in large business organizations: The environment‐strategy connection

Cited by 122 publications

References 23 publications

Strategic Posture, Environmental Munificence, and Performance: An Empirical Study of Independent Restaurants

Strategic Posture, Environmental Munificence, and Performance: An Empirical Study of Independent Restaurants

Environmental Uncertainty and Scanning Behavior: An Assessment of Top-Level Hotel Executives

An environmental uncertainty-based diagnostic reference tool for evaluating the performance of supply chain value streams

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