Organizational decline is related to the deterioration of the resource base and performance of an organization for a sustained period of time. Although some studies have been conducted, it remains an understudied phenomenon, despite its importance. The study of organizational decline is faced with challenges to improving and increasing research. In this study, we analyze the scientific field of organizational decline in business and management journals with a high impact factor. We conducted a mixed-method study: a bibliometric study of a sample of 214 articles, and a qualitative study with 41 authors. We used an analysis of citations, co-citations and factor analysis. This enabled the identification of the most influential works and their conceptual approaches. The interviews with the authors were analyzed using content analysis, which complemented our understanding of the challenges and problems facing the theme. The results show that organizational decline can be organized into three different aspects: organizational decline itself; studies on turnaround; and mortality. Specific challenges to overcome are related to a better definition, cognitive issues and other issues on decision-making and specific methodological problems. In addition, it is necessary to evaluate whether theories that explain growth are also able to explain decline.
Purpose This paper aims to investigate the role of resource orchestration in turnaround attempts following the organizational decline in the context of an emerging economy. Design/methodology/approach Multicase study of three Brazilian textile firms, following their trajectory from 1997 to 2009. We did a “historical reconstruction using the methodology” proposed by Mintzberg and McHugh (1985) to guide our data collection and analysis procedures. The methodology is geared towards the study of the evolution of organizations over a past period, wherein the researcher reconstructs the events after they have occurred, having developed them from documentary analysis and oral history. Findings The results indicate that resource orchestration is a critical capability for ensuring the coordinated implementation of operational and strategic actions in a turnaround. Moreover, in a context involving severe environmental jolts, the conservation of organizational slack appears to influence the effectiveness of resource orchestration and explains the different outcomes the firms in this study achieved in their turnaround attempts. Research limitations/implications This paper may be useful to practitioners involved in turnarounds, helping them evaluate the consequences of decisions involving the acquisition, reconfiguration, bundling and divestment of firm resources. Practical implications Besides contributing to the advancement of theory-informed research on decline and turnaround, this paper may be useful to practitioners involved in turnarounds, when they consider the consequences of decisions involving firm resources. Originality/value This paper helps advance theory-informed research on decline and turnaround in developing economies, helping address a gap in the extant literature, primarily focused on firms in developed countries.
Neste estudo analisamos o campo científico da estratégia por meio de uma leitura sobre as produções científicas publicadas em periódicos internacionais de estratégia com alto fator de impacto, nos últimos cinco anos. A natureza desse trabalho foi viabilizada por meio do método bibliométrico, pela análise de citação e cocitações, sendo utilizada conjuntamente a análise fatorial, que nos permitiu levantarmos as principais tendências teóricas desenvolvidas dentro do campo da estratégia, bem como a conexão existente entre os principais autores. Os dados coletados a partir do método bibliométrico elucidaram as abordagens teóricas utilizadas: a Resource Based View – RBV, Inovação, Conhecimento, Aprendizagem e Capability. Os resultados confirmaram a tendência apontada por estudos anteriores da emergência da RBV, pois foi identificada a predominância também dessa teoria nos trabalhos aqui analisados, bem como sua relação com conhecimento, aprendizagem organizacional, e com inovação. Portanto esse estudo contribui para ampliar o entendimento das escolas de pensamento que atualmente permeiam o campo da estratégia, para que assim possam orientar futuros estudos nesse campo com base nas lacunas conceituais identificadas.
RESUMONeste estudo analisamos o campo científico da estratégia por meio de uma leitura sobre as produções científicas publicadas em periódicos internacionais de estratégia com alto fator de impacto, nos últimos cinco anos. A natureza desse trabalho foi viabilizada por meio do método bibliométrico, pela análise de citação e cocitações, sendo utilizada conjuntamente a análise fatorial, que nos permitiu levantarmos as principais tendências teóricas desenvolvidas dentro do campo da estratégia, bem como a conexão existente entre os principais autores. Os dados coletados a partir do método bibliométrico elucidaram as abordagens teóricas utilizadas: a Resource Based View -RBV, Inovação, Conhecimento, Aprendizagem e Capability. Os resultados confirmaram a tendência apontada por estudos anteriores da emergência da RBV, pois foi identificada a predominância também dessa teoria nos trabalhos aqui analisados, bem como sua relação com conhecimento, aprendizagem organizacional, e com inovação. Portanto esse estudo contribui para ampliar o entendimento das escolas de pensamento que atualmente permeiam o campo da estratégia, para que assim possam orientar futuros estudos nesse campo com base nas lacunas conceituais identificadas.Palavras Chave: Estratégia. Bibliometria. Análise de citação e cocitações. Visão Baseada em Recursos. ABSTRACTIn this study we analyzed the scientific field of strategy through a research of the academic production published in international top-ranked strategy journals in the last five years. This work was made possible through the bibliometric method, using citation and co-citations analysis, and jointly with the use of factor analysis to rise up the main theoretical trends developed within the field of strategy, and the connection between the main authors. The data collected through the bibliometric tools allowed us to identify the most used theoretical approaches: the Resource Based View -RBV, Innovation, Knowledge, Learning and Capability. The results confirm the trend reported by previous studies about the emergence of RBV, since it was identified the predominance of this theory in the works analyzed here, as well as its relationship with knowledge, organizational learning, and innovation. Therefore this study contributes to extend the understanding of the main theoretical approaches that currently permeate the field of strategy, so that they can guide future studies in this field based on the identified conceptual gaps.
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