A
Diametric Forces Model for Strategic Change: Assessing the
Antecedents and Consequences of Restructuing the Higher Education
Industry
Matthew
S. Kraatz and Edward J. Zajac, Strategic Management Journal,1993,
Vol, 14
This study examines
the environmental and organizational forces, counter forces,
andperformance consequences of strategic restructuring in
the higher education industry. The study proposes a diametric
forces model to address the conflicting pressures for strategic
change faced by these organizations, and uses extensive longitudinal
data spanning the last two decades to examine the ways in
which restructuring has been used as a successful adaptive
response. The results suggest that, contrary to ecological
predictions, restructuring is a predictable, common, and performance-enhancing
response to changing environmental
conditions. The study concludes by discussing the applicability
of its findings for research on corporate restructuring and
strategic change.
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