1. Resource Orchestration in Business Groups
- Author
-
Won Kyung Min
- Subjects
SocArXiv|Social and Behavioral Sciences|Organization Development ,bepress|Social and Behavioral Sciences|Organization Development ,ComputingMilieux_THECOMPUTINGPROFESSION ,bepress|Social and Behavioral Sciences ,SocArXiv|Social and Behavioral Sciences ,SocArXiv|Social and Behavioral Sciences|Leadership Studies ,bepress|Social and Behavioral Sciences|Leadership Studies - Abstract
We study the resource orchestration mechanisms within a business group, focusing on human personnel recruitment in and transfer across the Korean chaebol sister firms. We provide a resource orchestration framework applicable for a business group under times of strategic change. Using three mechanisms of resource orchestration—stabilizing, enriching, and pioneering, business groups in differing levels of strategic change. Using an unbalanced panel data of executive hiring in Korean chaebols, we find that resource orchestration is effectuated through sister-firm executive transfers and through internal and external hiring, firms arrive at desired levels of strategic change.
- Published
- 2022