Work

Porter's Generic Strategies, Dynamic Environments, and Performance: a Profile Deviation Fit Perspective

Year: 1994
Type: article
Abstract: This study reports an examination of the relationships between Porter's (1980) generic strategies, dynamic environments, and performance. In me study, profile deviation is used to test strategy—environment fit. A sample of 173 acute care hospitals was used to test the proposed relationship. Results from the study indicate that adherence to an externally specified ideal strategy profile has a positive effect on firm performance. From a methodological standpoint, results suggest that empirical and theoretical profiles have equal predictive validity, and both have a higher predictive validity, than a random profile. Results also suggest that profiles can not be assumed to be robust to differences in performance measures used.
Language: English
Open Access status: green
OpenAlex ID: W2007663517
FWCI: 1.951
Cites: 35
Cited by: 29
Related to: 10