"INTERPRETING STRATEGIC BEHAVIOR: BASIC ASSOMPTIONS THEMES IN ORGANIZATIONS" by Susan C. SCHNEIDER* Paul SHRIVASTAVA** N° 87 / 29 * Susan C. Schneider, INSEAD, Fontainebleau, France ** Paul SHRIVASTAVA, New York University, New York, USA Director of Publication : Charles WYPLOSZ, Associate Dean for Research and Development Printed at INSEAD, Fontainebleau, France
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
4. Annual reports, company newsletters, internai memos,
press statements, speeches by the chairman, advertising
campaigns.
5. Individual and group unstructured interviewing and
use of projective techniques such as sentence completion
tests (Friedman, 1983). Many companies use Thematic
Apperception and Rorschach tests for recruitment and
promotion, and these could be examined for individual
dynamics and compared within and between groups.
This data then needs to be content analyzed and
- 33 -
interpreted (see Friedman, 1983). Recurrent themes need to
be exposed and explored in greater depth. In depth study of
strategic decision making groups using the Tavistock or A.K.
Rice Institute socioanalytic approach can surface underlying
assumptions by interpreting group behavior. It would be
interesting to administer a group Rorschach test requiring
group members to reach a consensual interpretation. This has
been done with family groups (Reiss, 1981). Such an approach
would require the willingness of participants, but Maccoby
(1976) found individual managers ready and willing to help.
The extensiveness and intensiveness of the above
procedure requires a case study approach. Issues of
generalizability must therefore take on less importance while
validity issues are explored thoroughly. Preliminary
correlational analysis could help in generating hypotheses.
At this stage of theory development, research should maintain
an exploratory nature emphasizing the generating of
hypotheses as opposed to their testing.
Conclusions
The purpose of this paper was to describe the content of
basic assumptions and illustrate them with examples of
strategic actions. Content themes reflect the balance of
forces within the organization and between the organization
and its environment that result in the organizational view of
its environment, its members, and itself. By becoming more
aware of these basic assumptions managers can examine and
- 34 -
test their validity. For example, top management or
strategic decision making groups can be given feedback
regarding the themes diagnosed and the policies, procedures
and behaviors that may be encouraging them. By drawing out
the implications of these themes and the possible actions
that could result, management can determine the desirability
of the themes and the necessary communications and actions
that will either counteract or reinforce them.
Too often in the modern corporate world, solutions to
problems create more problems - the cure is worse than the
disease. Top management may be changed to rid the
organization of its problem. This can result in a tremendous
waste of human resources, traumatic for the company as well
as the individual. As systems, in part, create their
leaders, placing all responsibility on leaders may be
unrealistic. The solution of removing the offending
department or person is therefore questionable. Lest the
solution define the problem, organizational basic assumptions
need to be surfaced by the techniques mentioned and
questioned in order to reduce the grip of the irrational and
to promote the emergence of a self-reflective organization
capable of adaptive strategic behavior.
REFERENCES
ALDRICH, H.E., & PFEFFER, J. Environment of organization. Annual Review of Sociology II. Palo Alto, Calif.: Annual Review, Inc., 1976, 79-105.
ALLISON, G.T. Essence of decision : Explaining the Cuban missile crisis. Boston : Little, Brown & Co., 1971.
ARGYRIS, C., & SCHÔN, D.A. Organizational learning : A theory of action perspective. Reading, Mass. : Addison-Wesley, 1978.
BION, W. Experiences in groups and other papers. New York : Basic Books, Inc., 1961.
BOJE, D.M., FEDOR, F.B., & ROWLAND, K.M. Myth making : A qualitative step in OD interventions. Journal of Applied Behavioral Science, 1982 18 (1), 17-28.
BURNS, T. & STALKER, G.M. The management of innovation. London: Tavistock, 1961.
Business Week. Corporate Culture: The hard-to-change values that spell success or failure. October 27, 1980, 148-160.
CHRISTENSEN, C.R., ANDREWS, K.R., BOWER, J.L., HAMMERMESH, R.G. & PORTER, M. Business policy : Text and cases. Homewood, Ill. : Richard D. Irwin, 1982.
DAFT, R.L. & WEICK, K.E. Toward a model of organization as interpretation systems. Academy of Management Review, 1984, 9, (2), 284-295.
DUNCAN, R.B. The characteristics of organizational environments and perceived environmental uncertainty. Administrative Science Quarterly, 1972, 17, 313-27.
FESTINGER, L., RIEKEN, H. & SCHACTER, S. When prophecy fails. Minneapolis : University of Minnesota Press, 1956.
FREUD, A. The ego and the mechanisms of defense. New York : International University Press, 1946 (1936).
FREUD, S. A general introduction to psychoanalysis. New York : Simon and Schuster, 1953 (1924).
FREUD, S. Delusion and dream. Boston : Beacon Press, 1956.
FREUD, S. The interpretation of dreams. New York : Avon Books, 1966 (1900).
FRIEDMAN, S.D. Cultures within cultures : An empirical assessment of an organization's subcultures using projective measures. Paper presented at the annual meeting of the Academy of Management, Dallas, August 1983.
FRIEDRICH, O. Decline and fall. New York : Harper & Row, 1970.
GALBRAITH, J.D. The anatomy of power. New York: Free Press, 1983.
GEERTZ, C. The interpretation of cultures. New York : Basic Books, 1973.
GLADWIN, T.N. & WALTER, I. Multinationals under fire : Lessons in the management of conflict. New York : John Wiley & Sons, 1980.
HIRSCH, P. Ambushes, shootouts, and knights of the round table : The language of corporate takeovers. Paper presented at the annual meeting of the Academy of Management, Detroit, August 1980.
JANIS, I.L. Victims of groupthink. Boston : Houghton-Mifflin, 1971.
JUNG, C. Man and his symbols. London : Aldus, 1965.
KAMENS, D.H. Legitimating myths and educational organization : The relationship between organizational ideology and formai structure. American Sociological Review, 1977, 42.
KANTER, R.M. Men and women of the corporation. New York : Basic Books, Inc., 1977.
KATZ, D. & KAHN, R.L. The social psychology of organizations. New York : John Wiley & Sons, 1978.
KETS DE VRIES, M.F.R. & MILLER, D. The neurotic organization. San Francisco : Jossey-Bass, 1984.
KLEIN, M. Contributions to psychoanalysis. London : Hogarth Press, 1948.
KLUCKHOLN, F.R. & STRODTBECK, F.L. Variations in value orientations. Evanston, Ill.: Row, Peterson, 1961.
KOTTER, T.P. Power, dependence, and effective management.
Harvard Business Review, 1977 (July-August).
LAWRENCE, P.R. & LORSCH, J.W. Organization and environment : managing differentiation and integration. Homewood, Ill. : Irwin, 1967.
LOUIS, M.R. A cultural perspective on organizations : The need for a consequence of viewing organizations and culture-bearing milieu. Human Systems Management, 1981, 2, 246-258.
LOUIS, M.R. Culture: Yes; Organization: No. Paper presented at the annual meeting of the Academy of Management, Dallas, August 1983.
MACCOBY, M. The gamesman. New York : Simon & Schuster, 1976.
MARTIN, J. Stories and scripts in organizational setting. In A. Hastorf & A. Isen (Eds.). Cognitive Social Psychology, New York : Elsevier North Holland, 1983.
MARTIN, J. & SIEHL, C. Organizational culture and counter-culture: General Motors and DeLorean. Research Paper Series (N° 633). Graduate School of Business, Stanford University, 1981.
MARTIN, J. & POWERS, M.E. Truth or corporate propaganda : The value of a good war story. In L.R. Pondy, P.J. Frost, Morgan and T. Dandrige (Eds.). Organizational Symbolism. Greenwich, Conn. : JAI Press, 1983.
MARTIN, J., SITKIN, S., KOSNIK, T., & BOEHM, M. The birth of organizational subcultures. Paper presented at the annual meeting of the Academy of Management, Dallas, August 1983b.
MENZIES, I.E.P. A case study in the functioning of social systems as a defense against anxiety. Human Relations, 1960, 13, 95-121.
MEYER, J.W. & ROWAN, B. Institutionalized organizations : Formal structures as myth and ceremony. American Journal of Sociology, 1977, 83, 340-363.
MILES, R.H. & SNOW, C.C. Organizational strategy, structure and process. New York : McGraw-Hill, 1978.
MILLER, E.J. & RICE, A.K. Systems of organizations : The control of task and sentient boundaries. London : Tavistock Publications, 1967.
MINTZBERG, H., RAISINGHANI, D., & THORET, A. The structure of unstructured decision processes. Administrative Science Quarterly, 1976, 21, 246-275.
MITROFF, I.I. Archetypal social systems analysis : On the deeper structure of human systems. Academy of Management Review, 1983a, 8, 387-397.
MITROFF, I.I. Stakeholders of the organizational mind. San Francisco, Calif.: Jossey-Bass, Inc., 1983b.
MITROFF, I.I. & EMSHOFF, J.R. On strategic assumption-making : A dialectical approach to policy and planning. Academy of Management Review, 1979, 1-12.
MORGAN, G. & SMIRCICH, L. The case for qualitative research. Academy of Management Review, 1980, 5 (4), 491-500.
MURRAY, H.A. Exploration in personality. New York : Oxford University Press, 1938.
O'REILLY, C.A., III. Corporations, cuits, and organizational culture : Lessons from Silicon Valley firms. Paper presented at the annual meeting of the Academy of Management, Dallas, August 1983.
OSGOOD, C.E., SUCI, G.J., & TANNENBAUM, P.H. The measurement of meaning. Urbana, Ill. : University of Illinois Press, 1957.
PETERS, T.J. Symbols, patterns, and settings : An optimistic case for getting things done. Organizational Dynamics, Autumn 1978.
PETERS, T.J. & WATERMAN, R.H. In search of excellence. New York: Harper & Row, 1982.
PETTIGREW, A. On studying organizational cultures. Administrative Science Quarterly, 1979, 24, 570-581.
PFEFFER, J. The ambiguity of leadership. Academy of Management Review, 1977 2, 104-112.
PFEFFER, J. Power in or9anizations. Boston : Pitman, 1980.
PFEFFER, J. Management as symbolic action : The creation and maintenance of organizational paradigms. In L.L. Cummings and B.M. Staw (Eds.) Research in Organizational Behavior, Vol. 3. Greenwich, Conn. : JAI Press, Inc., 1981, 1-52.
RAPPAPORT, D. Projective techniques and the theory of thinking. Journal of Projective Techniques, 1952, 16, 269-275.
REISS, D. The family's construction of reality. Cambridge : Harvard University Press, 1981.
SAFIRE, W. Parable of corporate matchmaking : The meddler on the roof. New York Times, September 26, 1982.
SATHE, V. Implications of corporate culture : A manager's guide to action. Organizational Dynamics, 1983 (August), 5-23.
SCHAFER, R. Psychoanalytic interpretation in Rorschach testing : Theory and application. New York : Grune & Stratton, Inc., 1954.
SCHEIN, E.J. Organizational culture and leadership. San Francisco: Jossey-Bass, 1984.
SCHWARTZ, H. & DAVIS, S.M. Matching corporate culture and business strategy. Organizational Dynamics, Summer 1981, 30-48.
SPITZER, R.L., FLEISS, J.L., ENDICOTT, J. & COHEN, J. The mental status schedule properties of factor-analytically derived scales. Archives of General Psychiatry, 1967, 16.
SPROULL, L.S. Beliefs in organizations. In P.C. Nystrom and W. H. Starbuck (Eds.), Handbook of organizational design. Oxford: Oxford University Press, 1981.
STARBUCK, W.H. & HEDBERG, B.L.T. Saving an organization from a stagnating environment. In H.B. Thorell (Ed.) Strategy and structure = performance. Bloomington: Indiana University Press, 1977, 249-258.
TAKAHASI, K. & ISHIDA, H. Matsushita Electric Company (Malaysia). Keio Business School, 1975.
THOMPSON, W. At the edge of history. New York : Harper & Row, 1971.
TRICE, H.M. & BEYER, J.M. Studying organizational culture through rites and ceremonials. Academy of Management Review, 1984, 9 (4), 653-669.
TUSHMAN, M.L. & NADLER, D.A. Implications of political models of organizational behavior. In R. Miles (Ed.) Resource Book in Macro-Organizational Behavior, Santa Monica, Calif.: Goodyear Publishing Co., Inc., 1980, 177-190.
VAN MAANEN, J. & BARLEY, S.R. Cultural organization : Fragments of a theory. Paper presented at the annual meeting of the Academy of Management, Dallas, August 1983.
Wall Street Journal. ITT chief emphasizes harmony, confidence and playing rules. September 12, 1984.
TABLE 1 - Organizational Basic Assomptions
TIIEMES t 1
VIEWS OF 1 1
1 ORGANIZATION ENVIRONMENT MEMBERS 1 INDIVIDUAL 1 1 ! victim hostile good 1 paranoid
1 PERSECUTIONI good evil passive 1 ! I
reactive active powerful
fearful 1 I
1 1 1 I ! I ! good malleable evil I paranoid
2 EXORCISM ! benign t obsessive ! !
1 ! 1 ! powerful malleable powerless 1 dramatic
3 DEPENDENCY ! good receptive passive I autocratic ! loyal 1 entrepreneurial ! 1 1 good supportive potential 1 dramatic ! malleable rich team- ! entrepreneurial
flight reactor ! public sector I fragmented govt regulated 1
I host country govts 1 ! rapidly changing 1
technology 1 ! very short product life 1
cycles ! consumer whim 1
INSEAD WORKING PAPERS SERIES "Personality, culture and organization". 85/17 Manfred F.R. KETS DE VRIES and Danny MILLER
1985 "The darker Bide of entrepreneurship". 85/18 Manfred F.R. KETS
DE VRIES 85/01 Jean DERMINE "The measurement of interest rate risk by financial intermediaries", December 1983, Revised December 1984. 85/19 Manfred F.R. KETS DE
VRIES and Dany MILLER "Narcissism and leadership: an object relations perspective".
85/02 Philippe A. NAERT and Els GIJSBRECHTS "Interpreting organizational texts".
"Diffusion model for nev product introduction in existing markets" . 85/20 Manfred F.R. KETS DE
VRIES and Dany MILLER
85/03 Philippe A. NAERT and Els GIJSBRECHTS 85/21 Herwig M. LANGOHR
and Claude J. VIALLET "Nationalization, compensation and vealth transfers: France 1981-1982" 1, Final version July 1985. 85/04 Philippe A. NAERT
and Marcel WEVERBERGH
"Tovards a decision support system for hierarchically allocating marketing resources across and within product groups" . "Market share specification, estimation and validation: towards reconciling seemingly divergent vievs" . 85/22 Herwig M. LANGOHR and
B. Espen ECKBO "Takeover premiums, disclosure regulations, and the market for corporate control. A comparative analysis of public tender offers, controlling-block trades and minority buyout in France", July 1985.
"Estimation uncertainty and optimal advertising decisions", Second draft, April 1985.
85/05 Ahmet AYKAC, Marcel CORSTJENS, David GAUTSCHI and Ira HOROWITZ
85/06 Kasra FERDOWS 85/23 Manfred F.R. KETS DE
VRIES and Dany MILLER "Barriers to adaptation: personal, cultural and organizational perspectives". "The shifting paradigme of manufacturing:
inventory, quality and nov versatility", March 1985. "The art and science of forecasting: an
assessment and future directions". 85/07 Kasra FERDOWS,
Jeffrey G. MILLER, Jinchiro NAKANE and Thomas E.VOLLMANN.
"Evolving manufacturing strategies in Europe, Japan and North-America" "Financial innovation and recent developments
in the French capital markets", October 1985.
85/08 Spycos MAKRIDAKIS and Robert CARBONE
"Patterns of competition, strategic group formation and the performance case of the US pharmaceutical industry, 1963-1982", October 1985.
85/09 Spyros MAKRIDAKIS and Robert CARBONE
"Porecasting vhen pattern changes occur beyond the historical data" , April 1985.
"Sampling distribution of post-sample forecasting errors" , February 1985. "European manufacturing: a comparative study
(1985)". 85/10 Jean DERMINE "Portfolio optimization by financial
intermediaries in an asset pricing model".
85/24 Spyros MAKRIDAKIS
85/25 Gabriel HAWAWINI
85/26 Karel O. COOL and Dan E. SCHENDEL
85/27 Arnoud DE MEYER
1986
"The R & D/Production interface". 86/01 Arnoud DE MEYER 85/11 Antonio M. BORGES and "Energy demand in Portuguese manufacturing: a
Alfredo M. PEREIRA tvo-stage model".
85/12 Arnoud DE MEYER "Defining a manufacturing strategy - a survey of European manufacturers".
"Subjective estimation in integrating communication budget and allocation decisions: a case study", January 1986.
86/02 Philippe A. NAERT Marcel WEVERBERGH and Guido VERSWIJVEL
85/13 Arnoud DE MEYER "Large European manufacturers and the management of R & D". 86/03 Michael BRIMM "Sponsorship and the diffusion of
organizational innovation: a preliminary viev".
"Confidence intervals: an empirical investigation for the series in the If-Competition" .
86/04 Spyros MAKRIDAKIS and Michèle HIBON
85/14 Ahmet AYKAC, Marcel CORSTJENS, David GAUTSCHI and Douglas L. MacLACHLAN
"The advertising-sales relationship in the U.S. cigarette industry: a comparison of correlational and causality testing approaches".
85/15 Arnoud DE MEYER and Roland VAN DIERDONCK
86/05 Charles A. WYPLOSZ "A note on the reduction of the vorkveek", July 1985.
"Organizing a technology jump or overcoming the technological hurdle".
85/16 Herwig M. LANGOHR and Antony K. SANTOMERO
"Commercial bank refinancing and economic stability: an analysis of European features".
86/22 Albert CORHAY, Gabriel A. HAWAWINI and Pierre A. MICHEL
86/23 Arnoud DE MEYER
86/24 David GAUTSCHI and Vithala R. RAO
86/25 H. Peter GRAY and Ingo WALTER
86/27 Karel COOL and Ingemar DIERICKX
86/28 Manfred KETS DE VRIES and Danny MILLER
86/29 Manfred KETS DE VRIES
86/30 Manfred KETS DE VRIES
86/31 Arnoud DE MEYER
86/06 Francesco GIAVAZZI, Jeff R. SHEEN and Charles A. WYPLOSZ
86/07 Douglas L. MacLACHLAN and Spyros MAKRIDAKIS
86/08 José de la TORRE and David H. NECKAR
86/09 Philippe C. HASPESLAGH
86/10 R. MOENART, Arnoud DE MEYER, J. BARBE and D. DESCHOOLMEESTER.
86/11 Philippe A. NAERT and Alain BULTEZ
86/12 Roger BETANCOURT and David GAUTSCHI
86/13 S.P. ANDERSON and Damien J. NEVEN
86/14 Charles WALDMAN
"The real exchange rate and the fiscal aspects of a natural resource discovery", Revised version: February 1986.
"Judgmental biases in sales forecasting", February 1986.
"Forecasting political risks for international operations", Second Draft: March 3, 1986.
"Conceptualizing the strategic process in diversified firms: the role and nature of the corporate influence process", February 1986.
"Analysing the issues concerning technological de-maturity".
"From "Lydiametry" to "Pinkhamization": misspecifying advertising dynamics rarely affects profitability".
"The economics of retail firms", Revised April 1986.
"Spatial competition à la Cournot".
"Comparaison internationale des marges brutes du commerce", June 1985.
"Seasonality in the risk-return relationships some international evidence", July 1986.
"An exploratory study on the integration of information systems in manufacturing", July 1986.
"A methodology for specification and aggregation in product concept testing", July 1986.
"Protection", August 1986.
"Negative risk-return relationships in business strategy: paradox or truism?", October 1986.
"Interpreting organizational texts.
"Why follov the leader?".
"The succession gaine: the real story.
"Flexibility: the next competitive battle", October 1986.
86/26 Barry EICHENGREEN "The economic consequences of the Franc and Charles WYPLOSZ Poincare", September 1986.
86/15 Mihkel TOMBAK and Arnoud DE MEYER
86/16 B. Espen ECKBO and Herwig M. LANGOHR
86/17 David B. JEMISON
86/18 James TEBOUL and V. MALLERET
86/19 Rob R. WEITZ
86/20 Albert CORHAY, Gabriel HAWAWINI and Pierre A. MICHEL
86/21 Albert CORHAY, Gabriel A. HAWAWINI and Pierre A. MICHEL
"How the managerial attitudes of firms with FMS differ from other manufacturing firms: survey results", June 1986.
"Les primes des offres publiques, la note d'information et le marché des transferts de contrôle des sociétés".
"Strategic capability transfer in acquisition integration", May 1986.
"Tovards an operational definition of services", 1986.
"Nostradamus: a knovledge-based forecasting advisor".
"The pricing of equity on the London stock exchange: seasonality and size premium", June 1986.
"Risk-premia seasonality in U.S. and European equity markets", February 1986.
86/31 Arnoud DE MEYER, Jinichiro NAKANE, Jeffrey G. MILLER and Kasra FERDOWS
86/32 Karel COOL and Dan SCHENDEL
86/33 Ernst BALTENSPERGER and Jean DERMINE
86/34 Philippe HASPESLAGH and David JEMISON
86/35 Jean DERMINE
86/36 Albert CORHAY and Gabriel HAWAWINI
86/37 David GAUTSCHI and Roger BETANCOURT
"Flexibility: the next competitive battle", Revised Version: March 1987
Performance differences among strategic group members", October 1986.
"The role of public policy in insuring financial stability: a cross-country, comparative perspective", August 1986, Revised November 1986.
"Acquisitions: myths and reality", July 1986.
"Measuring the market value of a bank, a primer", November 1986.
"Seasonality in the risk-return relationship: some international evidence", July 1986.
"The evolution of retailing: a suggested economic interpretation".
86/38 Gabriel HAVAVINI "Financial innovation and recent developments in the French capital markets", Updated: September 1986.
87/13 Sumantra GHOSHAL and Nitin NOHRIA
"Multinational corporations as differentiated networks", April 1987.
"The pricing of common stocks on the Brussels stock exchange: a re-examination of the evidence", November 1986.
86/39 Gabriel HAWAWINI Pierre MICHEL and Albert CORHAY
87/14 Landis GABEL "Product Standards and Competitive Strategy: An Analysis of the Principles", May 1987. "Capital flows liberalization and the EMS, a
French perspective", December 1986. 86/40 Charles WYPLOSZ
87/15 Spyros MAKRIDAKIS "METAFORECASTING: Vays of improving Forecasting. Accuracy and Usefulness", May 1987.
"Manufacturing in a new perspective", July 1986.
86/41 Kasra FERDOWS and Wickham SKINNER
"FMS as indicator of manufacturing strategy", December 1986.
86/42 Kasra FERDOWS and Per LINDBERG
"Takeover attempts: what does the language tell us?, June 1987.
87/16 Susan SCHNEIDER and Roger DUNBAR
"On the existence of equilibrium in hotelling's modal", November 1986.
86/43 Damien NEVEN "Managers' cognitive maps for upward and downward relationships", June 1987.
87/17 André LAURENT and Fernando BARTOLOME
"Value added tax and competition", December 1986.
87/18 Reinhard ANGELMAR and Christoph LIEBSCHER
"Patents and the European biotechnology lag: a study of large European pharmaceutical tiras", June 1987.
86/44 Ingemar DIERICKX Carmen MATUTES and Damien NEVEN
"Why the EMS? Dynamic games and the equilibrium policy regime, May 1987.
87/19 David BEGG and Charles WYPLOSZ
"A new approach to statistical forecasting", June 1987.
1987
87/01 Manfred KETS DE VRIES "Prisoners of leadership".
87/02 Claude VIALLET "An empirical investigation of international asset pricing", November 1986. "Strategy formulation: the impact of national
culture", Revised: July 1987.
"Conflicting ideologies: structural and motivational consequences", August 1987.
87/03 David GAUTSCHI and Vithala RAO
"A methodology for specification and aggregation in product concept testing", Revised Version: January 1987.
"The demand for retail products and the household production model: new vievs on complementarity and substitutability".
87/04 Sumantra GHOSHAL and Christopher BARTLETT
"Organizing for innovations: case of the multinational corporation", February 1987.
"The internai and external careers: a theoretical and cross-cultural perspective", Spring 1987.
87/05 Arnoud DE MEYER and Kasra FERDOWS
87/20 Spyros MAKRIDAKIS
87/21 Susan SCHNEIDER
87/22 Susan SCHNEIDER
87/23 Roger BETANCOURT David GAUTSCHI
87/24 C.B. DERR and André LAURENT
"Managerial focal points in manufacturing strategy", February 1987.
"Customer loyalty as a construct in the marketing of banking services", July 1986.
87/06 Arun K. JAIN, Christian PINSON and Naresh K. MALHOTRA 87/25 A. K. JAIN,
N. K. MALHOTRA and Christian PINSON
"The robustness of MDS configurations in the face of incomplets data", March 1987, Revised: July 1987. 87/07 Rolf BANZ and
Gabriel HAWAWINI "Equity pricing and stock market anomalies", February 1987.
"Leaders who can't manage", February 1987.
"Entrepreneurial activities of European MBAs", March 1987.
87/08 Manfred KETS DE VRIES 87/26 Roger BETANCOURT
and David GAUTSCHI "Demand complementarities, household production and retail assortments", July 1987.
"Is there a capital shortage in Europe?", August 1987.
87/27 Michael BURDA 87/09 Lister VICKERY, Mark PILKINGTON and Paul READ
87/28 Gabriel HAVAWINI "A cultural viev of organizational change", March 1987
87/10 André LAURENT "Controlling the interest-rate tisk of bonds: an introduction to duration analysis and immunization strategies", September 1987.
"Forecasting and loss functions", March 1987. 87/11 Robert FILDES and Spyros MAKRIDAKIS
"The Janus Head: learning from the superior and subordinate faces of the manager's job", April 1987.