By Adreas Kirschkamp
Companies have to determine hazards and possibilities of environmental alterations with a view to adapt to or most likely even to steer them. Early caution which contains scaning and interpretation performs an enormous position during this method. while the normal contingency procedure considers early caution as part of the organizational constitution, the prolonged contigency conception assumes the extra impact of an individual's character on early caution.
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Extra info for A Contigency-Based View of Chief Executive Officer's Early Warning Behavior: An Empirical Analysis of German Medium-Sized Companies
1 Frühwarnung, Früherkennung and Frühaufklärung In the context of early warning German literature 44 first differentiates between the anticipation of risks and chances 45 for the own organization and for other organizations. 46 Following the research questions, this analysis focuses on the anticipation of future chances and risks by the CEO for his organisation. 47 These different notions and their instruments are presented in figure 2. 43 44 45 46 47 Daft and Weick (1984), p. 286. German literature is used here as a synonym for literature written in German.
The resulting matrix, which shows impact 134 135 136 137 138 139 140 141 See Maitlis (2005), p. 21. See Axelrod (1976), p. 23ff. Dutton, Fahey and Narayanam (1983), p. 313. , p. 315. See Weick, Sutcliffe and Obstfeld (2005). Dutton, Fahey and Narayanam (1983), p. 307f. Aguilar (1967), p. 1 (format of source not adopted). See Wilson (1983), p. 12. 142 An issue with a major impact and high urgency demands a quick reaction, whereas a trend with low impact and low urgency can be disregarded. Finally, the formulation of a response strategy is based on the results of this analysis.
For example, elephants have trunks to enable them to feed from their great height, and apes have prehensile fingers and toes to enable them to swing from trees. “ Khandwalla (1977), p. 237. See Breilmann (1990), p. 2. Part C Contingency Theory as an Approach to Explain Early Warning Behavior 29 only successful organizations survive and therefore only the organizational structure of successful organizations is observable. 193 The classical definition of organizational structure comprises “five primary dimensions“ 194 : 1) specialization, 2) standardization, 3) formalization, 4) centralization and 5) configuration of the organizational culture.
A Contigency-Based View of Chief Executive Officer's Early Warning Behavior: An Empirical Analysis of German Medium-Sized Companies by Adreas Kirschkamp