Take it from the Top: How Intensity of TMT Joint Problem Solving and Levels of Interdependence Influence Quality of Strategy Implementation Coordination and Firm Performance

Date
2022-05-18
Journal Title
Journal ISSN
Volume Title
Publisher
Journal of Management Studies
Abstract
Despite the belief that strategy implementation begins at the very top of a firm, there remains an inadequate understanding about top management teams' (TMTs) involvement in the strategy implementation process. Building upon and extending strategic leadership theory, we develop and empirically test a theoretical model of the interactive effects of the intensity of TMT joint problem solving and level of TMT interdependence on quality of TMT strategy implementation coordination and firm performance. Using data collected from TMTs in 83 firms, our results show that the: intensity of TMT joint problem solving is positively related to quality of TMT strategy implementation coordination; interaction between the intensity of TMT joint problem solving and the level of TMT interdependence attenuates the positive influence of each on quality of TMT strategy implementation coordination, demonstrating a substitution effect; and, quality of TMT strategy implementation coordination mediates the relationship between the interaction and firm performance.
Description
This is the pre-peer reviewed version of the following article: Mistry, S., Kirkman, B.L., Hitt, M.A. and Barrick, M.R. (2022), Take it from the Top: How Intensity of TMT Joint Problem Solving and Levels of Interdependence Influence Quality of Strategy Implementation Coordination and Firm Performance. J. Manage. Stud.. https://doi.org/10.1111/joms.12838, which has been published in final form at https://doi.org/10.1111/joms.12838. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions. This article will be embargoed until 05/18/2024.
Keywords
strategic leadership theory, top management teams, strategy implementation, team interdependence, team problem solving, firm performance
Citation
Mistry, S., Kirkman, B.L., Hitt, M.A. and Barrick, M.R. (2022), Take it from the Top: How Intensity of TMT Joint Problem Solving and Levels of Interdependence Influence Quality of Strategy Implementation Coordination and Firm Performance. J. Manage. Stud.. https://doi.org/10.1111/joms.12838