Work

Turnaround and failure: Resource weaknesses and the rise and fall of Jarvis

Year: 2015

Type: article

Abstract: Research employing the resource-based view (RBV) has overwhelming focused on the upside of resources, namely those that provide benefit to the firm. However, an emerging research stream suggests that the downside of resources, namely resource weaknesses, may be crucial in gaining a greater understanding of the key factors that contribute to firm performance and the ability to turnaround failing companies. We examine the infamous case of Jarvis, a firm that achieved a turnaround, but then experienced catastrophic failure. In so doing we explore the emergence of resource weaknesses, their nature and ability to combine to create a fatal organisational outcome.

Source: Business History

DOI: 10.1080/00076791.2015.1024229

Authors: Andrew Wild, Andy Lockett

Institutions: University of Nottingham, University of Warwick

Language: English

Topic: Innovation and Knowledge Management

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

Funders: University of Central Lancashire, University of Cambridge, Economic and Social Research Council

Award: G7706841186