Part 3 of a 3 part essay by investor?Phin Upham
Secondly, such an approach has, I would argue, a knowledge accumulation curve associated with it which is seductive and in some ways dangerous. By studying groups and the antecedents to competence, I argue that a high learning curve will be initially reached. Some core truths will emerge from this methodology that will excite researchers and make significant leaps in understanding. But as these truths are discovered a reduction of the rate of learning follows. Many concepts in strategy are not suitable to this sort of analysis since they are very complex, dynamic, and multidimensional (perhaps even resulting from different characteristics in different times and places).
Thirdly, strategy is a phenomenon that lives in a very rich and multi-faceted context. Firms compete against each and groups compete against each other. It is very hard to capture or measure such complexity. Perhaps the best way to approach such complexity is to look at results rather than processes.
Fourthly, there is an implicit assumption in the essay that this sort of analysis, applied here to groups, can be eventually broadened to generate insights in firm level analysis. I do not think this will be as easy or as fruitful as it appears. The very nature of competence is such that no individual member may be aware of the nature of the competence or where it resides. Thus, I believe such an approach, for all its promise, has a circumscribed area of fruitfulness.
In conclusion, this paper is good demonstration of what the authors believe is an important new methodology in strategy research. It advocates this methodology and attempts, through an empirical study of the antecedents of group level competence to demonstrate its value. I have discussed the advantages and promises of such an approach, which are many, and I have hypothesized about some potential disadvantages if the mainstream of the strategy field were to get caught up in this approach. Thus, while I think researchers should pursue this approach, and valuable results will be derived from it, I believe that mainstream strategic research would be benefited in maintaining its eclectic, sometimes undisciplined, and meandering ways.
To read more visit?PhinUpham.com
Source: http://www.apodimosstudents.com/reference-and-education/organizational-competence-by-phin-upham/
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