Corporate Strategic Management

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Author(s): Petter Gottschalk (Norwegian School of Management, Norway)
Copyright: 2007
Pages: 30
Source title: CIO and Corporate Strategic Management: Changing Role of CIO to CEO
Source Author(s)/Editor(s): Petter Gottschalk (Norwegian School of Management, Norway)
DOI: 10.4018/978-1-59904-423-1.ch006

Keywords: Business & Management / Business & Organizational Research / Business and Organizational Research / Business Science Reference

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Abstract

Over the last several decades, strategy researchers have devoted attention to the question of how corporate elites (i.e., corporate executives and directors) affect corporate strategy. The CEO as a person in position shapes the scope of the firm, while the CIO as a person in another position shapes the scope of IT in the firm. Jensen and Zajac (2004) proposed and tested the notion that while differences in individual characteristics of corporate elites may imply different preferences for particular corporate strategies such as diversification and acquisitions, these basic preferences, when situated in different agency contexts (e.g., CIO, CEO), generate very different strategic outcomes.

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