In the Eye of the Beholder: Top Managers’ Long-Term Orientation, Industry Context, and Decision-Making Processes

Lisa Ya Lin, Weilei Shi*, John E. Prescott, Haibin Yang

*Corresponding author for this work

    Research output: Contribution to journalJournal articlepeer-review

    70 Citations (Scopus)

    Abstract

    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.

    Original languageEnglish
    Pages (from-to)3114-3145
    Number of pages32
    JournalJournal of Management
    Volume45
    Issue number8
    DOIs
    Publication statusPublished - 1 Nov 2019

    Scopus Subject Areas

    • Finance
    • Strategy and Management

    User-Defined Keywords

    • long-term orientation
    • strategic decision-making
    • temporal perspective
    • top management

    Fingerprint

    Dive into the research topics of 'In the Eye of the Beholder: Top Managers’ Long-Term Orientation, Industry Context, and Decision-Making Processes'. Together they form a unique fingerprint.

    Cite this