TY - JOUR
T1 - In the Eye of the Beholder
T2 - Top Managers’ Long-Term Orientation, Industry Context, and Decision-Making Processes
AU - Lin, Lisa Ya
AU - Shi, Weilei
AU - Prescott, John E.
AU - Yang, Haibin
N1 - Funding Information:
We would like to acknowledge the strategy research faculty at Katz School, University of Pittsburgh for their constructive comments during a research seminar presentation. This research was supported by Hong Kong Baptist University (Project Number FRG2/15-16/041), Hong Kong Research Grants Council (CityU 11508415), and National Science Foundation of China (Project Number 71632002). This research was also supported by the summer research fund from Baruch College?City University of New York and the Weissman Center International Business Research Grant. All views are those of the authors and not necessarily those of the sponsors.
PY - 2019/11/1
Y1 - 2019/11/1
N2 - Time orientation matters. While a temporal perspective is widely recognized as an important lens in strategic management research, few studies have explored how top managers’ temporal orientation affects strategic decision-making processes. We propose that top managers’ subjective perception of time, specifically, their long-term orientation, positively affects the comprehensiveness, speed, and creativity of strategic decision-making processes and that industry context moderates these relationships. Drawing on the organization-environment fit perspective and associated compatibility and temporal fit mechanisms, we found considerable support for our hypotheses in the semiconductor and pharmaceutical industries in China. Our findings reinforce the perspective that temporal referent points act as anchors for strategic decision-making processes.
AB - Time orientation matters. While a temporal perspective is widely recognized as an important lens in strategic management research, few studies have explored how top managers’ temporal orientation affects strategic decision-making processes. We propose that top managers’ subjective perception of time, specifically, their long-term orientation, positively affects the comprehensiveness, speed, and creativity of strategic decision-making processes and that industry context moderates these relationships. Drawing on the organization-environment fit perspective and associated compatibility and temporal fit mechanisms, we found considerable support for our hypotheses in the semiconductor and pharmaceutical industries in China. Our findings reinforce the perspective that temporal referent points act as anchors for strategic decision-making processes.
KW - long-term orientation
KW - strategic decision-making
KW - temporal perspective
KW - top management
UR - http://www.scopus.com/inward/record.url?scp=85047387897&partnerID=8YFLogxK
U2 - 10.1177/0149206318777589
DO - 10.1177/0149206318777589
M3 - Journal article
AN - SCOPUS:85047387897
SN - 0149-2063
VL - 45
SP - 3114
EP - 3145
JO - Journal of Management
JF - Journal of Management
IS - 8
ER -