Top Management Team Attraction As A Strategic Asset: A Longitudinal Simulation Test Of The Resource Based View

The Resource Based View’s (RBV) main prescription is that strategic assets are sustainable sources of superior industry returns. In the current research, we examined the ability of top management team attraction (TMTA) to operate as a strategic asset and produce sustainable competitive advantage. We used a longitudinal study of 83 simulation teams functioning as top management teams of competing airlines to demonstrate that top management team attraction was positively associated with superior returns, and that this relationship increased over time. Our study benefits both theorists and managers. The key implication for theorists is that TMTA can positively impact firm performance over time, thereby providing strong support for the RBV. The key implication for managers is that taking steps to enhance TMTA and team dynamics can create competitive advantage for their firms

Virtual Teams and International Business Teaching and Learning: The Case of the Global Enterprise Experience (GEE)

The increasing importance of global virtual teams in business is reflected in the classroom by the increased adoption of activities that facilitate real-time cross-cultural interaction. This article documents the experience of students from two Colombian universities who participated in a collaborative international project using virtual teams as part of the international business (IB) curriculum. The data reveals that in spite of challenges associated with time zone differences, technology limitations, and trust issues, the vast majority of students perceived that the use of virtual teams as a teaching tool facilitates cultural understanding and IB-relevant learning. The findings of this research suggest that online experiential exercises can be an effective approach in teaching and in the development of virtual collaboration skills. Copyright © Taylor & Francis Group, LLC