The Effect of Team Composition on Strategic Sensemaking (Research in Management Accounting & Control) - Softcover

Waldeck, Tanja

 
9783835005563: The Effect of Team Composition on Strategic Sensemaking (Research in Management Accounting & Control)
Softcover
ISBN 10: 3835005561 ISBN 13: 9783835005563
Publisher: Deutscher Universitätsverlag, 2007

Synopsis

Top management teams constantly need to deal with changes in their environment, for instance changing customer demand, social environments, or supplier situations. They try to understand how these changes can affect their organization and adapt their organizational strategy. But teams differ in the ways they make sense of their environment and accordingly in the decisions they make and the success they have.

Tanja Prinzessin zu Waldeck analyzes the effects of the composition of top management teams on their strategic sensemaking process. Based on the results of ten case studies, she shows that the diversity of experiences of team members supports the team to pick up strategically relevant environmental changes early and to develop a wide range of strategic alternatives. The author also indicates that the diversity of a team does not affect the speed with which teams come up with strategic decisions, but that speed appears to be influenced more by the personalities, leadership style, and culture in a top management team. Furthermore, she implies that family and state-controlled businesses are more likely to experience problems in their team composition than public ones.

"synopsis" may belong to another edition of this title.

About the Author

Dr. Tanja Prinzessin zu Waldeck promovierte bei Prof. Dr. Utz Schäffer am Lehrstuhl für Controlling der European Business School, Oestrich-Winkel. Sie war fünf Jahre als Beraterin bei McKinsey & Company tätig. Seit Mai 2007 hat sie sich mit NetMoms.de selbständig gemacht – einer Internetplattform für Mütter.

From the Back Cover

Top management teams constantly need to deal with changes in their environment, for instance changing customer demand, social environments, or supplier situations. They try to understand how these changes can affect their organization and adapt their organizational strategy. But teams differ in the ways they make sense of their environment and accordingly in the decisions they make and the success they have.

Tanja Prinzessin zu Waldeck analyzes the effects of the composition of top management teams on their strategic sensemaking process. Based on the results of ten case studies, she shows that the diversity of experiences of team members supports the team to pick up strategically relevant environmental changes early and to develop a wide range of strategic alternatives. The author also indicates that the diversity of a team does not affect the speed with which teams come up with strategic decisions, but that speed appears to be influenced more by the personalities, leadership style, and culture in a top management team. Furthermore, she implies that family and state-controlled businesses are more likely to experience problems in their team composition than public ones.

"About this title" may belong to another edition of this title.

Publisher
Deutscher Universitätsverlag
Publication date
2007
Language
English
ISBN 10 
3835005561
ISBN 13 
9783835005563
Binding
Paperback
Number of pages
260