Ct. West et Cr. Schwenk, TOP MANAGEMENT TEAM STRATEGIC CONSENSUS, DEMOGRAPHIC HOMOGENEITY AND FIRM PERFORMANCE - A REPORT OF RESOUNDING NONFINDINGS, Strategic management journal, 17(7), 1996, pp. 571-576
In this study, we hypothesized that relationships among top managers'
goals consensus, means consensus, demographic homogeneity and firm per
formance would be positive and stronger in a stable industry environme
nt than in a dynamic one. Utilizing a more rigorous methodology, the s
ignificant findings of earlier studies could not be replicated. Althou
gh the questions remain interesting and important ones, we believe pur
suing this line of inquiry further will yield results inconsistent at
best and fruitless at worst. Therefore, we urge future researchers to
cautiously tread the perilous methodologic minefield that led to our n
onfindings.