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- W2236677655 abstract "While the notion of competence development has featured prominently in the strategy literature, we have largely overlooked how the organization of competence in decision-making teams may influence profits. Fundamentally, we develop a kernel of design principles that show how collective decisions can be organized to increase profits. We address two gaps in the extant literature. The first is how collective decisions should be organized when agents have heterogeneous competences. Second, we show how competence should be upgraded in a decision-team where members have diverse ability to pass judgment. We develop a model and derive a number of testable propositions that summarize how team-structure, composition and decision environment interact to affect profitability." @default.
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- W2236677655 date "2010-01-01" @default.
- W2236677655 modified "2023-09-26" @default.
- W2236677655 title "Benefitting from Organization: How Committee Decisions can be Organized to Increase Profits" @default.
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- W2236677655 doi "https://doi.org/10.2139/ssrn.1537835" @default.
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