Power and glory

Concentrated power in top management teams

Henrich R. Greve, Hitoshi Mitsuhashi

Research output: Contribution to journalArticle

39 Citations (Scopus)

Abstract

Strategic change is one of the most critical decisions that organizations make. We focus on the role of groups at the upper echelon of hierarchies and propose that concentrated power either in the CEO or the top management team is prone to be exercised, leading to a high rate of strategic change. We derive hypotheses on how formal and informal power concentration in top management teams have an effect on changes in corporate diversification. The findings suggest that power concentration strongly affects decision making.

Original languageEnglish
Pages (from-to)1197-1220
Number of pages24
JournalOrganization Studies
Volume28
Issue number8
DOIs
Publication statusPublished - 2007 Aug
Externally publishedYes

Fingerprint

Decision making
Top management teams
Strategic change
Corporate diversification
Chief executive officer

Keywords

  • Decision making
  • Organizational change
  • Power
  • Top management teams

ASJC Scopus subject areas

  • Management of Technology and Innovation
  • Strategy and Management
  • Organizational Behavior and Human Resource Management

Cite this

Power and glory : Concentrated power in top management teams. / Greve, Henrich R.; Mitsuhashi, Hitoshi.

In: Organization Studies, Vol. 28, No. 8, 08.2007, p. 1197-1220.

Research output: Contribution to journalArticle

Greve, Henrich R. ; Mitsuhashi, Hitoshi. / Power and glory : Concentrated power in top management teams. In: Organization Studies. 2007 ; Vol. 28, No. 8. pp. 1197-1220.
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