Investigating Organizational Strategic Inertia Using a Particle Swarm Model

Authors

Abstract

The key task of corporate strategists is to uncover
and implement viable strategies for their organization. This is
a difficult task for several reasons, including uncertainty as to
future payoffs, and strategic inertia. This study, using a swarm
metaphor, constructs a simulation model to examine the impact
of strategic inertia on the adaptation of the strategic fitness of
a population of organizations. The results suggest that a degree
of strategic inertia, in the presence of an election operator, can
assist rather than hamper adaptive efforts of organizations in
static and slowly changing environments.

Subject

Particle Swarm Optimization