Successful and Unsuccessful Phases of the Corporate Life Cycle

An empirical study of successful and unsuccessful phases of the life cycle revealed two very significant differences. First, successive successful phases showed gradual and continual increases in the sophistication of their information processing and decision making methods. Unsuccessful phases show...

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Bibliographic Details
Published in:Organization studies 1983-10, Vol.4 (4), p.339-356
Main Authors: Miller, Danny, Friesen, Peter H.
Format: Article
Language:English
Subjects:
Corporate
Cycles
Decision making
Hypotheses
Information processing
Life
Organizational behavior
Phases
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Summary:An empirical study of successful and unsuccessful phases of the life cycle revealed two very significant differences. First, successive successful phases showed gradual and continual increases in the sophistication of their information processing and decision making methods. Unsuccessful phases showed no such continuous development. Second, successful phases revealed few differences in innovation-related variables, while unsuccessful phases demonstrated more significant differences, alternating between greater extremes of innovation and stagnation.
ISSN:0170-8406
1741-3044
DOI:10.1177/017084068300400403