Evolutionary Processes and Organizational Adaptation: A Mendelian Perspective on Strategic Management,Used

Evolutionary Processes and Organizational Adaptation: A Mendelian Perspective on Strategic Management,Used

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SKU: DADAX0199684944
UPC: 9780199684946
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How do firms adapt?There are two basic starting points from which to answer that question. One is premised on ideas of rational choice and intentionality, while the other is a process of evolutionary dynamics. Both are welldefined and operate as powerful intellectual attractors. Using the ideas of Gregor Mendel as a useful touchstone, this book aims to construct a middleground between these two conceptions.The image of the "Mendelian" executive shows how we might effectively balance the ideas of godlike rational design on the one hand and evolutionary dynamics on the other. The perspective developed in this book is anchored on the two key primitives of pathdependence and artificial selection. The intentionality of the Mendelian executive allows for the conscious exploration of opportunities, rather than the happenstance of random variants, yet the constraining forces of pathdependence may lead these moves to adjacent spaces. This perspective also highlights the role of intentionality with respect to the selection and culling of strategic initiatives. The organization operates an

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