Quotation Becker, Philipp Benedikt, Klarner, Patricia. 2020. “And” Instead of “Or”: The Solution to Strategic Paradoxes? Paradoxical Cognition and Firm Performance during Economic Shocks. 11th EIASM Workshop on top management teams and business strategy research, Paris, Frankreich, 26.03.-27.03.


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Abstract

We argue that the decision maker´s paradoxical cognition creates a disposition for both/and-strategies that lead to an increase in tensions among the organization´s structure, goals, and routines. We suggest that the CEO´s contradictory way of thinking enables organizations to successfully manage strategic paradoxes and increase their performance during phases of moderate tensions. Economic shocks however, create high levels of uncertainty. In this situation, paradoxical strategic actions might spark intense confusion and conflict among the organization members, creating an overload of ambiguity. A situation that might be detrimental to firm performance.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Paper presented at an academic conference or symposium
Language English
Title “And” Instead of “Or”: The Solution to Strategic Paradoxes? Paradoxical Cognition and Firm Performance during Economic Shocks
Event 11th EIASM Workshop on top management teams and business strategy research
Year 2020
Date 26.03.-27.03.
Country France
Location Paris

Associations

People
Becker, Philipp Benedikt (Details)
Klarner, Patricia (Details)
Organization
Institute for Organization Design IN (Details)
Research areas (ÖSTAT Classification 'Statistik Austria')
5333 Business management (Details)
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