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Environmental velocity : ウィキペディア英語版 | Environmental velocity In strategic management and organizational theory, environmental velocity is the rate and direction of change of the notional space in which organizations exists. This "space" consists of the political, technological, economic and competitive environment that influences an organization〔Eisenhardt, K. M., & Bourgeois III, L. J. 1988. Politics of decision making in high velocity environments: Towards a midrange theory. Academy of Management Journal, 31(4): 737-770.〕 Organizations that can adjust and entrain their activities to suit their environmental velocity will have a competitive advantage over those organizations that can’t.〔McCarthy, I.P., Lawrence, T.B., Wixted, B., and Gordon, B. 2010. A Multidimensional conceptualization of environmental velocity. Academy of Management Review, 35(4), 604-626 〕 == Decision making ==
Eisenhardt & Bourgeois (1988)〔Eisenhardt, K. M., & Bourgeois III, L. J. 1988. Politics of decision making in high velocity environments: Towards a midrange theory. Academy of Management Journal, 31(4): 737-770.〕 proposed the concept of environmental velocity when studying strategic decision making in the micro-computer industry. They argued that this particular industry could be characterized as having a high-velocity environment, because it exhibited rapid and discontinuous change in demand, competition, technology and regulations. In a number of subsequent studies, it has been determined that success in high-velocity environments is related to fast, formal strategic decision-making processes〔Eisenhardt, K. M. 1989. Making fast strategic decisions in high-velocity environments. Academy of Management Journal, 32(3): 543-576.〕〔Eisenhardt, K. M., & Bourgeois III, L. J. 1988. Politics of decision making in high velocity environments: Towards a midrange theory. Academy of Management Journal, 31(4): 737-770.〕〔Judge, W. Q., & Miller, A. 1991. Antecedents and outcomes of decision speed in different environmental contexts. Academy of Management Journal, 34(2): 449-463.〕 and the use of heuristic reasoning processes.〔Oliver, D., & Roos, J. 2005. Decision making in high-velocity environments: The importance of guiding principles. Organization Studies, 26(6): 889-913.〕
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