Graduation Semester and Year
2019
Language
English
Document Type
Dissertation
Degree Name
Doctor of Philosophy in Management
Department
Management
First Advisor
Liliana Pérez‐Nordtvedt
Abstract
The management of time in an organization is a fundamental activity for the survival and growth of firms. In the field of strategy, time, albeit under-studied, has received increasing attention among scholars. However, in reviewing multiple conceptions of time in strategic change research, scholars have failed to develop consistent and sound theories and constructs of time. Thus, this study systematically organizes existing knowledge about time and develops a comprehensive theoretical framework that accurately describes the dynamic temporal patterns of strategic change. To explain, by mapping various patterns of strategic change into the time continuum, this study identifies five objective time-dimensions in strategic change, namely, 1) regularity, 2) eventfulness, 3) frequency, 4) acceleration, and 5) polychronicity. In addition, this study proposes two time-dimensions of which the temporal patterns of strategic change are subjectively interpreted: 1) linearity and 2) cyclicality. More importantly, using a sample of 172 small and medium-sized businesses operating in various industries in South Korea, this study finds that these time-dimensions of strategic change have distinct performance effects. Taken together, this study contributes to the emerging temporal research by explicitly developing the time-dimension in strategic change. Also, this study offers valuable insights into strategic change research by determining the right timing for the execution of strategic change.
Keywords
Firm performance, Strategic change, Temporal strategy, South Korea
Disciplines
Business | Business Administration, Management, and Operations
License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Recommended Citation
Shin, Kilho, "THE TIME-DIMENSION IN STRATEGIC CHANGE AND FIRM PERFORMANCE: THE SOUTH KOREAN CONTEXT" (2019). Management Dissertations. 64.
https://mavmatrix.uta.edu/management_dissertations/64
Comments
Degree granted by The University of Texas at Arlington