In order to gain and maintain innovation capability, organizations have to adapt their profiles and processes to perpetually changing environmental conditions. However, the resulting need for a high degree of flexibility, which includes avoiding an information undersupply by being stable but inflexible, entails the risk of an information overload. Therefore, a balance between an organization's flexibility and its stability is needed. Top Management Team (TMT) cognitive diversity seems to constitute a promising resource, which under certain circumstances can be turned into an organizational competence, allowing for a high but stable level of organizational flexibility. Employing insights from complexity theory and adopting agent-based simulation is suggested as a further research method in order to deduce underlying causal interrelations.
CITATION STYLE
Hülsmann, M., Tilebein, M., Cordes, P., & Stolarski, V. (2017). Cognitive diversity of top management teams as a competence-based driver of innovation capability. In Strategy and Communication for Innovation: Integrative Perspectives on Innovation in the Digital Economy (pp. 77–88). Springer International Publishing. https://doi.org/10.1007/978-3-319-49542-2_6
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