Network Structure and Temporal Myopia

Sonja Opper, R. Burt
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Abstract

This paper examines the link between the social networks surrounding business leaders and temporal myopia in strategic planning. Specifically, we hypothesize that processes characteristic of being embedded in a closed network are associated with a lack of foresight and a tendency to neglect long-run strategic planning. Using a probability sample of 700 CEOs in China, we show that network closure is associated with temporal myopia, which is evidenced in various measures of business planning. We show that managers embedded in closed networks are less experienced in long-run planning, and are also less successful in implementing long-run business plans. Our contribution to the literature is twofold: we add a network perspective to the literature on temporal myopia in strategic management; and more significantly, by grounding temporal myopia in the network surrounding a person, we separate temporal myopia from the person. Myopia emerges from the social situations we create, or in which we find ourselves.
网络结构与时间近视
本文考察了商业领袖周围的社会网络与战略规划中的时间短视之间的联系。具体来说,我们假设嵌入封闭网络的过程特征与缺乏远见和忽视长期战略规划的倾向有关。利用中国700名ceo的概率样本,我们发现网络封闭与时间短视有关,这在商业规划的各种措施中得到了证明。我们发现,处于封闭网络中的管理者在长期规划方面缺乏经验,在实施长期商业计划方面也不太成功。我们对文献的贡献是双重的:我们在战略管理中的时间短视的文献中增加了网络视角;更重要的是,通过将时间近视根植于一个人周围的网络,我们将时间近视与这个人分开了。近视来自于我们所创造的社会环境,或者我们所处的社会环境。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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