Narayan, S, Sidhu, JS orcid.org/0000-0001-9773-7559 and Volberda, HW (2020) From attention to action: The influence of cognitive and ideological diversity in top management teams on business model innovation. Journal of Management Studies. ISSN 0022-2380
Abstract
As top management teams (TMTs) become progressively more diverse, an important question arises: how does greater TMT diversity affect a company’s ability to innovate its business model? To examine this, we draw on the upper‐echelons literature and on research on business models as activity systems to theorize that cognitive and ideological diversity in TMTs will affect teams’ attention to business model innovation (BMI) and companies’ BMI intensity. Analysis of longitudinal data from firms in the U.S. printing and publishing industry provides support for the theory that, over time, TMT cognitive and ideological diversity have a positive influence on BMI. Whereas cognitive diversity expands TMT’s BMI attention‐scope, both cognitive and ideological diversity increase BMI intensity. However, too much ideological diversity has a negative effect. We furthermore find that TMT longevity moderates the effects of TMT diversity positively, suggesting that the benefit of diversity grows as team members work together longer as a team. We discuss the study’s contributions to the literature on diversity, BMI, and the upper echelons.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | This article is protected by copyright. All rights reserved. This is the peer reviewed version of the following article: Narayan, S, Sidhu, JS and Volberda, HW (2020) From attention to action: The influence of cognitive and ideological diversity in top management teams on business model innovation. Journal of Management Studies, which has been published in final form at https://doi.org/10.1111/joms.12668. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions. |
Keywords: | Business Models; Cognition; Conservatism‐Liberalism; Executive Leaders; Team Longevity; Values |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Management Division (LUBS) (Leeds) > Management Division Strategy and Organisation (LUBS) |
Depositing User: | Symplectic Publications |
Date Deposited: | 19 Nov 2020 14:59 |
Last Modified: | 15 Nov 2022 01:13 |
Status: | Published online |
Publisher: | Wiley |
Identification Number: | 10.1111/joms.12668 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:168040 |