[HTML][HTML] The fascinating psychological microfoundations of strategy and competitive advantage
RE Ployhart, D Hale Jr�- Annu. Rev. Organ. Psychol. Organ�…, 2014 - annualreviews.org
This article puts forth an agenda for the psychological study of strategy and competitive
advantage. It centers this agenda within the microfoundations program, a program
originating within strategy that seeks to understand firm heterogeneity and competitive
advantage by examining individuals and their interrelationships. The article first reviews key
theories and frameworks in strategy by taking a functionalist view, that is, by starting with a
focus on organizational criteria (operational performance, organizational performance�…
advantage. It centers this agenda within the microfoundations program, a program
originating within strategy that seeks to understand firm heterogeneity and competitive
advantage by examining individuals and their interrelationships. The article first reviews key
theories and frameworks in strategy by taking a functionalist view, that is, by starting with a
focus on organizational criteria (operational performance, organizational performance�…