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Strategy restoration

dc.contributor.authorMiller, K.
dc.contributor.authorGomes, Emanuel
dc.contributor.authorLehman, D.
dc.contributor.institutionNOVA School of Business and Economics (NOVA SBE)
dc.contributor.pblElsevier Science B.V., Amsterdam.
dc.date.accessioned2019-10-16T22:39:06Z
dc.date.available2022-09-14T00:31:46Z
dc.date.embargoedUntil2022-09-13
dc.date.issued2019-10
dc.description.abstractDiscussions of strategic change generally assume that managers strive to break free from the constraints of their organization's past so that they can forge ahead into the future. However, some organizations instead opt to reinterpret and reenact abandoned strategies drawn from their own history. Such actions are largely unaccounted for in the literature on strategic change. Accordingly, we propose here a conceptualization of a distinct type of strategic change that we call “strategy restoration.” We first outline how strategy restoration fills a gap in current understandings of strategic change. We then elaborate conditions that motivate and enable organizations to pursue strategy restoration rather than other types of strategic change. Two components of the framework—organizational traditionality and memory—characterize the organization itself, and two—nostalgia and perceptions of the organization's authenticity—characterize the market in which the organization operates. The proposed conceptualization of strategy restoration and discussion of its underlying mechanisms carry implications for researchers and managers.en
dc.description.versionauthorsversion
dc.description.versionpublished
dc.format.extent676919
dc.identifier.doi10.1016/j.lrp.2018.10.005
dc.identifier.issn0024-6301
dc.identifier.otherPURE: 6038608
dc.identifier.otherPURE UUID: a5556fa7-16cf-424d-a7fc-fcd8abe4c0cb
dc.identifier.otherScopus: 85067305957
dc.identifier.urihttps://www.sciencedirect.com/science/article/pii/S0024630118300177
dc.identifier.urlhttps://www.sciencedirect.com/science/article/pii/S0024630118300177
dc.language.isoeng
dc.peerreviewedyes
dc.subjectAuthenticity
dc.subjectHistory
dc.subjectNostalgia
dc.subjectOrganizational memory
dc.subjectSensemaking
dc.subjectStrategic change
dc.subjectStrategy restoration
dc.subjectTraditionality
dc.titleStrategy restorationen
dc.typejournal article
degois.publication.issue5
degois.publication.titleLong Range Planning
degois.publication.volume52
dspace.entity.typePublication
rcaap.rightsopenAccess

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