Do You Have A Survival Instinct? Leveraging genetic codes to achieve fit in hostile business environments

Date

2012-01-01T00:00:00Z

Supervisor/s

Journal Title

Journal ISSN

Volume Title

Publisher

Elsevier Science B.V., Amsterdam.

Department

Type

Article

ISSN

0007-6813

Format

Free to read from

Citation

Thomas Lawton, Tazeeb Rajwani and Patrick Reinmoeller, Do You Have A Survival Instinct? Leveraging genetic codes to achieve fit in hostile business environments, Business Horizons, Volume 55, Issue 1, January-February 2012, Pages 81-91.

Abstract

It is too easy to blame market turbulence or unexpected events for a company's poor performance. Yet this is frequently the response of managers to circumstances and activities beyond their immediate control. As a consequence, managers and owners often fail to develop strategies for coping with challenge or crisis the next time it occurs. The result is that many organizations are doomed to repeat the same or similar mistakes over and over again in a form of corporate déjà vu. To gain insights into how companies can better manage in hostile environments, we consider the solutions that have evolved in nature over billions of years. We trace nature's codes for adapting to hostile environments and explore the underlying characteristics of four genetic code types that can help business organizations to offset the negative implications of hostility through ensuring strategic fit. We link the four genetic codes most frequently found in nature with organizational capabilities. When correctly identified and leveraged, these capabilities can enable a company to focus attention and resource on how to manage successfully in hostile environment.

Description

Software Description

Software Language

Github

Keywords

Hostile environment, genetic codes, organizational capabilities, strategic fit, coping strategies, strategic adaptation, biomimesis.

DOI

Rights

NOTICE: this is the author’s version of a work that was accepted for publication in Business Horizons. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Business Horizons, Volume 55, Issue 1, January-February 2012, Pages 81-91"

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