Microfoundations of Firm Resource Reconfiguration: The Role of Hiring Former Consultants as Managers

Andreas Philipp Distel, John Källström, Torben Schubert, Wolfgang Sofka

Publikation: Bidrag til bog/antologi/rapportKonferenceabstrakt i proceedingsForskningpeer review

Abstrakt

The scarcity of skilled managers for finding superior resource configurations is a central constraint to theory and practice of resourced-based strategies of firms. We theorize that firms can overcome this shortage by hiring managers from management consultancies, since this particular work experience allows individuals to train and reveal resource orchestration skills while working with various clients. Theoretically, we integrate mechanisms from the transferability of scarce, valuable human capital across organizational contexts into microfoundational models of resource-based advantages. We analyze 102,639 Swedish firms from 2010 until 2015 and find that firms hiring former consultants as managers initiate more resource reconfigurations and experience higher performance effects from them. Then again, effects depreciate quickly as the context of the hiring firm homogenizes the particular skills of former consultants
OriginalsprogEngelsk
TitelProceedings of the Eighty-first Annual Meeting of the Academy of Management
RedaktørerSonia Taneja
Antal sider1
UdgivelsesstedBriarcliff Manor, NY
ForlagAcademy of Management
Publikationsdato2021
DOI
StatusUdgivet - 2021
BegivenhedThe Academy of Management Annual Meeting 2021: Bringing the Manager Back in Management - Online, Virtual, Online
Varighed: 29 jul. 20214 aug. 2021
Konferencens nummer: 81
https://aom.org/events/annual-meeting

Konference

KonferenceThe Academy of Management Annual Meeting 2021
Nummer81
LokationOnline
ByVirtual, Online
Periode29/07/202104/08/2021
Internetadresse
NavnAcademy of Management Proceedings
ISSN2151-6561

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