TOP MANAGEMENT TEAM STRATEGIC CONSENSUS, DEMOGRAPHIC HOMOGENEITY AND FIRM PERFORMANCE: A REPORT OF RESOUNDING NONFINDINGS

Clifford T. West · Charles R. Schwenk

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Team Dynamics and Performance Management and Organizational Practices Organizational Management and Leadership

Abstract

In this study, we hypothesized that relationships among top managers' goals consensus, means consensus, demographic homogeneity and firm performance would be positive and stronger in a stable industry environment than in a dynamic one. Utilizing a more rigorous methodology, the significant findings of earlier studies could not be replicated. Although the questions remain interesting and important ones, we believe pursuing this line of inquiry further will yield results inconsistent at best and fruitless at worst. Therefore, we urge future researchers to cautiously tread the perilous methodologic minefield that led to our nonfindings.

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References

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2000Belaboring the Not-So-Obvious: Consensus, Commitment, and Strategy Implementation Speed and Success 2010Work team diversity.2005The Influence of Relationship Conflict and Trust on the Transactive Memory 2013Top Management Team Diversity 2002Enhancing Performance with Product-Market Innovation: The Influence of the Top Management Team

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