A comparison of slack resources in high and low performing British companies

Article Abstract:

Theory predicts that slack resources provide the means for achieving flexibility in developing strategy options. The outcome of generating and investing slack resources to achieve flexibility should be improved company performance. There is also a prediction that low performing companies are likely to have lower levels of slack than high performing companies, and therefore are likely to have less potential for achieving flexibility to impact on performance. However, as the literature features several inadequacies a comparative study of high and low performing British companies was carried out to address these inadequacies. While multiple measures of slack were found to be predictors of company performance in high performing companies, they seemingly have negligible impact on performance in low performing companies. Also, only certain types of slack resources are seemingly more prominent in high performers than in low performers. The results provide a development and refinement of the previous limited knowledge about slack resources. (Reprinted by permission of the publisher.)

United Kingdom, Resource allocation, Business success

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Organizational culture as related to industry, position and performance: a preliminary report

Article Abstract:

Reliable procedures for the measurement of organizational culture are necessary if the ideas developed in popular and scholarly literature are to be tested. A review of recent writings was the basis for defining 14 aspects of organizational culture. A questionnaire developed to capture these aspects was completed by those working in a diverse collection of business organizations. Industry and organizational position had a strong association with perceived work context, work values, and work beliefs. One industrial corporation, frequently cited as 'excellent', was not distinctive in terms of these measures. The results suggest that unless statements about organizational culture reflect differences related to industries and organizational, technical or task requirements, they are unlikely to be accurate. (Reprinted by permission of the publisher.)

Economic aspects, Corporate culture

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Excellent companies as social movements

Article Abstract:

In this article a theoretical reconstruction is given of parts of the content of In Search of Excellence (Peters and Waterman, 1982). It evolves that the internal dynamics of excellent companies are very similar to those of social movements. Two recent discussion points, with regard to the decline and to the ethical dimension of excellent companies, can be better understood using this analogy. Furthermore, it provides us with avenues for further research. (Reprinted by permission of the publisher.)

Usage, Social movements, In Search of Excellence (Book)

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