دانلود رایگان مقاله نقش مدیریت پورتفوی پروژه در پرورش استراتژی عمدی و در حال ظهور

Abstract

Formal strategy processes have been shown to be insufficient in shaping strategy, particularly in turbulent environments. Emerging strategies that constitute independently from deliberate top-down strategy processes are important for organizational adaptability. This study explores strategic control mechanisms at the project portfolio level and their influence on emergent and deliberate strategies. Based on a sample of 182 firms, we show that both deliberate and emerging strategies positively influence project portfolio success, complementing each other. In turbulent environments, the relevance of deliberate strategy implementation decreases. Strategic control activities not only foster the implementation of intended strategies, but also disclose strategic opportunities by unveiling emerging patterns. Furthermore, we find that deliberate strategy implementation and emerging strategy recognition mediate the performance impact of strategic control. Our findings suggest that strategic control at the project portfolio level has an important role to play in the purposeful management of emergent strategies

6. Discussion

This empirical study contributes to the recent calls to broaden the understanding of emergent strategies and explore how organizations can manage a strategy formation process that is driven by both emergence and intention (Hamel, 2009; Vaara and Whittington, 2012). Our focus on strategic control at the project portfolio management level provides detail of a specific management practice that plays a distinctive role in the managing deliberate strategy while also facilitating ‘planned emergence’. The findings show that strategic control at the project portfolio level contributes to success by supporting the implementation of both deliberate and emergent strategies through deliberate strategy implementation and emerging strategy recognition activities. The effects are complementary in that both activities increase the positive influence of the other on the success of the project portfolio. Finally, a moderation analysis shows that the influence of deliberate strategy implementation on project portfolio success is reduced under high environmental turbulence.