TY - JOUR
T1 - Capture, governance, and resilience
T2 - Strategy implications from the history of Rome
AU - Carmeli, Abraham
AU - Markman, Gideon D.
PY - 2011/3
Y1 - 2011/3
N2 - Organizational resilience is a subject of great interest to management and strategy scholars. Drawing on over 1,000 years of historical data on the Republic of Rome, and focusing primarily on the period of its establishment (509 BC-338 BC), we identify two generic strategies, capture and governance, that together are essential for organizational resilience. Capture strategy relates to market expansions, while governance strategy refers to the capacity of an organization to assimilate, retain, defend, and increase its dominance within annexed markets. The history of Rome also reveals four supporting tactics-saving power, maintaining a stronghold base, isolating and weakening adversaries, and creating forward outposts-that shore up and reinforce the capture and governance strategies, to create a more enduring and resilient enterprise. Interestingly, a system-wide view of the strategy-tactic framework also offers insights on resilience through smallness, thus illustrating its conceptual utility to organizations of all sizes including small enterprises.
AB - Organizational resilience is a subject of great interest to management and strategy scholars. Drawing on over 1,000 years of historical data on the Republic of Rome, and focusing primarily on the period of its establishment (509 BC-338 BC), we identify two generic strategies, capture and governance, that together are essential for organizational resilience. Capture strategy relates to market expansions, while governance strategy refers to the capacity of an organization to assimilate, retain, defend, and increase its dominance within annexed markets. The history of Rome also reveals four supporting tactics-saving power, maintaining a stronghold base, isolating and weakening adversaries, and creating forward outposts-that shore up and reinforce the capture and governance strategies, to create a more enduring and resilient enterprise. Interestingly, a system-wide view of the strategy-tactic framework also offers insights on resilience through smallness, thus illustrating its conceptual utility to organizations of all sizes including small enterprises.
KW - capture and governance strategies
KW - longevity
KW - resilience
KW - tactics
UR - http://www.scopus.com/inward/record.url?scp=78651077239&partnerID=8YFLogxK
U2 - 10.1002/smj.880
DO - 10.1002/smj.880
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AN - SCOPUS:78651077239
SN - 0143-2095
VL - 32
SP - 322
EP - 341
JO - Strategic Management Journal
JF - Strategic Management Journal
IS - 3
ER -