Managerial Networks and Exploration in a Professional Service Firms

Michelle Rogan, Louise Mors

    Publikation: Working paperForskning


    A firm's growth and survival depends on the ability of its managers to explore for new business and knowledge; yet, exploration is challenging for most large, established firms. Extending prior research into networks and exploration, we propose that a key characteristic of managers' external networks - the extent to which their networks include relationships built using predominately individual rather than firm resources - is positively related to managers' abilities to explore for new business and knowledge in large firms. We propose that networks with more individual ties provide more diverse knowledge, enable greater autonomy, and ease access to resources from contacts; hence facilitating exploration. Analysis of an original dataset of external networks of 77 senior managers in a large global consulting firm provides support for our arguments. We find that individual ties are positively related to exploration and furthermore, that the positive (negative) relationship between sparse (dense) networks and exploration increases with the number of individual ties in managers' networks.
    Antal sider44
    StatusUdgivet - aug. 2016
    NavnINSEAD Working Paper


    • Exploration
    • Innovation
    • Firm performance
    • Networks
    • Network content
    • Network structure
    • New business development
    • New knowledge development
    • Professional service firms
    • Consulting firms
    • Corporate entrepreneurship