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Control Number308564
Date and Time of Latest Transaction20150706094113.AM
General Information150706s |||||||||b ||00|||
Cataloging SourceSTII-DOST
Local Call NumberScienceDirect
Main Entry - Personal NameBaumard, Philippe
 Barnett, Michael L.
 Starbuck, William H.
Title StatementPayoffs and pitfalls of strategic learning by William H. Starbuck, Michael L. Barnett and Philippe Baumard
Physical Descriptionpages 7-21 Computer file; text; 161kb
Summary, Etc.Managers and management researchers tend to assume that learning from strategic events yields benefits. Although some firms have gained competitive advantages from learning, instances are infrequent, and firms that have gained persistent advantages through learning are probably quite unusual. Learning from successes has short-run benefits but eventually makes firms less capable of surviving, whereas learning from failures disappears in clouds of rationalization and defensive behavior. Noisy feedback about results causes people to develop very heterogeneous and often highly erroneous perceptions of firms and their environments, so it should not be surprising that strategizing is harmful as often as it is helpful
Subject Added Entry - Topical TermSocial sciences
 Strategic learning
 Cognitive learning
 Noncognitive learning
 Success
 Failure
LocationDOST STII ScienceDirect NONPRINTS NP 13-14107 1 13-14107 Online/Download 2010-11-11
  
     
 
Physical Location
Department of Science and Technology
Science and Technology Information InstituteScienceDirect
  
     
 
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