Affective states and a firm’s performance: the mediating role of dynamic managerial capabilities

IF 2.4 4区 管理学 Q3 MANAGEMENT
Yevgen Bogodistov, Susanne Schmidt
{"title":"Affective states and a firm’s performance: the mediating role of dynamic managerial capabilities","authors":"Yevgen Bogodistov, Susanne Schmidt","doi":"10.1108/bjm-09-2023-0352","DOIUrl":null,"url":null,"abstract":"<h3>Purpose</h3>\n<p>Extant research supports the importance of dynamic managerial capabilities in capturing managers’ individual roles in organisations’ adjustments to change. This paper develops a multidimensional scale for measuring dynamic managerial capabilities consisting of sensing, seizing and reconfiguration capacities that mediate between managers’ affective states and their firms’ performance.</p><!--/ Abstract__block -->\n<h3>Design/methodology/approach</h3>\n<p>The scale is validated in a survey-based study among 204 managers in companies in the United States of America (USA). We applied a multiple regression model (a triple mediation) using each of DMCs’ three dimensions to test the effects of managers’ affective states on their firms’ performance.</p><!--/ Abstract__block -->\n<h3>Findings</h3>\n<p>The multidimensional construct of DMCs adds about 15 % of variance explained to a firm’s performance, as perceived by its managers. So managers’ affective states do have an impact on DMCs and, later, on their firms’ performance.</p><!--/ Abstract__block -->\n<h3>Research limitations/implications</h3>\n<p>We show the impact of negative and positive affect on DMCs. We also show that DMCs’ three dimensions should be treated in a formative manner that advances discussion on DMCs and their role in a firm’s performance.</p><!--/ Abstract__block -->\n<h3>Practical implications</h3>\n<p>Understanding managers’ affective states helps incorporate “hot cognition” into firms’ strategising processes. Although both positive and negative emotions can be helpful, depending on the situation, positive affect is generally more valuable than negative affect as it relates to a firm’s performance.</p><!--/ Abstract__block -->\n<h3>Originality/value</h3>\n<p>Our work proposes measuring DMCs based on Teece’s (2007) disaggregation of DMCs into sensing, seizing and reconfiguration capacities. We approach each of these dimensions separately and show that managers’ affective states influence each dimension differently.</p><!--/ Abstract__block -->","PeriodicalId":46829,"journal":{"name":"Baltic Journal of Management","volume":null,"pages":null},"PeriodicalIF":2.4000,"publicationDate":"2024-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Baltic Journal of Management","FirstCategoryId":"91","ListUrlMain":"https://doi.org/10.1108/bjm-09-2023-0352","RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 0

Abstract

Purpose

Extant research supports the importance of dynamic managerial capabilities in capturing managers’ individual roles in organisations’ adjustments to change. This paper develops a multidimensional scale for measuring dynamic managerial capabilities consisting of sensing, seizing and reconfiguration capacities that mediate between managers’ affective states and their firms’ performance.

Design/methodology/approach

The scale is validated in a survey-based study among 204 managers in companies in the United States of America (USA). We applied a multiple regression model (a triple mediation) using each of DMCs’ three dimensions to test the effects of managers’ affective states on their firms’ performance.

Findings

The multidimensional construct of DMCs adds about 15 % of variance explained to a firm’s performance, as perceived by its managers. So managers’ affective states do have an impact on DMCs and, later, on their firms’ performance.

Research limitations/implications

We show the impact of negative and positive affect on DMCs. We also show that DMCs’ three dimensions should be treated in a formative manner that advances discussion on DMCs and their role in a firm’s performance.

Practical implications

Understanding managers’ affective states helps incorporate “hot cognition” into firms’ strategising processes. Although both positive and negative emotions can be helpful, depending on the situation, positive affect is generally more valuable than negative affect as it relates to a firm’s performance.

Originality/value

Our work proposes measuring DMCs based on Teece’s (2007) disaggregation of DMCs into sensing, seizing and reconfiguration capacities. We approach each of these dimensions separately and show that managers’ affective states influence each dimension differently.

情感状态与企业绩效:动态管理能力的中介作用
目的 大量研究表明,动态管理能力对于把握管理者在组织变革调整中的个人作用非常重要。本文开发了一个多维量表,用于测量动态管理能力,该量表由感知能力、把握能力和重组能力组成,在管理者的情感状态和企业绩效之间发挥中介作用。我们利用 DMCs 的三个维度分别建立了一个多元回归模型(三重中介),以检验管理人员的情感状态对其公司业绩的影响。因此,管理者的情感状态确实会对 DMCs 产生影响,进而影响其公司的绩效。我们还表明,应以形成性的方式对待 DMCs 的三个维度,从而推动对 DMCs 及其在企业绩效中的作用的讨论。虽然积极情绪和消极情绪都有帮助,但根据具体情况,积极情绪通常比消极情绪更有价值,因为这关系到企业的绩效。原创性/价值我们的研究基于 Teece(2007 年)将 DMCs 分解为感知能力、把握能力和重组能力的方法,提出了 DMCs 的测量方法。我们对这些维度分别进行了研究,并表明管理者的情感状态对每个维度的影响各不相同。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 求助全文
来源期刊
CiteScore
5.40
自引率
9.70%
发文量
38
期刊介绍: The Baltic region has experienced rapid political and economic change over recent years. The challenges to managers and management researchers operating within the area are often different to those experienced in other parts of the world. The Baltic Journal of Management contributes to an understanding of different management cultures and provides readers with a fresh look at emerging management practices and research in the countries of the Baltic region and beyond.
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信