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Paradoxical Resource Trajectories: When Strength Leads to Weakness and Weakness Leads to Strength
Journal of Management ( IF 9.3 ) Pub Date : 2020-12-10 , DOI: 10.1177/0149206320977901
Danny Miller 1 , Isabelle Le Breton-Miller 1
Affiliation  

In proposing two evolutionary trajectories, we demonstrate some paradoxical aspects of strategic resources that contrast with current theorizing. First, we discuss how an abundance of resources can subject an organization to vulnerabilities, taking a firm from competitive strength to potential weakness. Second, we describe an opposite trajectory in which a lack of resources can lead to reactions engendering significant strengths. In both cases, the effects of resource abundance and poverty on executive perceptions and conduct, organizational arrangements, and strategic behavior can play important roles in trajectories of value creation and erosion.



中文翻译:

矛盾的资源轨迹:当强导致弱,弱导致强

在提出两条进化轨迹时,我们展示了与当前理论形成对比的战略资源的一些矛盾方面。首先,我们讨论丰富的资源如何使组织面临漏洞,使公司从竞争优势变成潜在劣势。其次,我们描述了一条相反的轨迹,在该轨迹中,缺乏资源会导致产生显着优势的反应。在这两种情况下,资源丰富和贫困对高管认知和行为、组织安排和战略行为的影响都可以在价值创造和侵蚀的轨迹中发挥重要作用。

更新日期:2020-12-23
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