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Power in top management teams: dimensions, measurement, and validation
1University of Southern California.
Summary
This study introduces a new way to measure top managers power, crucial for strategic decisions. The developed dimensions and methodology were validated using data from 1,763 managers across three industries.
Area of Science:
- Business Administration
- Organizational Behavior
- Strategic Management
Background:
- Top managers' power is recognized as vital for strategic decision-making.
- Existing research lacks robust measurement tools for top management power.
Purpose of the Study:
- To introduce and validate a set of dimensions for measuring top managers' power.
- To provide a methodology for empirical investigation of management power.
Main Methods:
- Development of power dimensions for top managers.
- Validation of dimensions using data from 1,763 top managers across three industries.
- Three empirical studies were conducted to assess validity and reliability.
Main Results:
- The proposed power dimensions demonstrated strong validity and reliability.
- The measurement methodology facilitates empirical inquiry into management power.
Conclusions:
- The study provides a validated framework for measuring top managers' power.
- This contributes to a deeper understanding of power dynamics in strategic decision-making.