This Special Issue reconsiders what it means for organizations to succeed. Moving beyond the narrow focus on shareholder value, the articles explore how diverse goals (financial, social, and hybrid) shape outcomes and influence how performance is assessed.
Contributions investigate goal tensions in family firms, the value of hybrid goals in academic spin-offs, how stretch goals and reflection strategies impact performance, and how firms reassess offshoring or pursue social purpose under systemic inequality. The collection also examines how synergies in mergers, and the interplay between goals and decision-making, affect long-term outcomes.
By reconceptualizing success, this Special Issue advances new perspectives on how organizations set, balance, and evaluate goals, offering insights for leaders, scholars, and policymakers seeking more comprehensive measures of performance in today’s complex business environment.
Read the full issue here: https://onlinelibrary.wiley.com/toc/14676486/2024/61/1 or browse the individual articles below.
Organizational Goals, Outcomes, and the Assessment of Performance: Reconceptualizing Success in Management Studies by Ruth V. Aguilera, Alfredo De Massis, Riccardo Fini and Silvio Vismara
Synergy Evaluation in Mergers and Acquisitions: An Attention-Based View by Florian Bauer and Martin Friesl
Untangling Goal Tensions in Family Firms: A Sensemaking Approach by Vanessa Diaz-Moriana, Eric Clinton and Nadine Kammerlander
Do Hybrid Goals Pay off? Social and Economic Goals in Academic Spin-Offs by Hooman Abootorabi, Raj K. Shankar, Einar Rasmussen and Johan Wiklund
Stretch Goals, Factual/Counterfactual Reflection Strategies, and Firm Performance by Miles M. Yang
Re-Evaluating the Offshoring Decision: A Behavioural Approach to the Role of Performance Discrepancy by Stefano Elia, Anthony Goerzen, Lucia Piscitello, Alfredo Valentino
Community Inclusion under Systemic Inequality: How For-Profit Businesses Pursue Social Purpose by Addisu A. Lashitew, Oana Branzei and Rob van Tulder
List of Reviewers for this Special Issue