Fast or slow? A meta-analysis on the performance implications of decision, implementation, and response speed

Kalin D. Kolev; Bernadine J. Dykes; Saehee (Sam) Kang; Margaret Hughes-Morgan; Walter J. Ferrier

doi:10.1177/27550311241291976

journal article Nov 04, 2024

Fast or slow? A meta-analysis on the performance implications of decision, implementation, and response speed

Kalin D. Kolev Bernadine J. Dykes Saehee (Sam) Kang Margaret Hughes-Morgan Walter J. Ferrier

Journal of Management Scientific Reports Vol. 3 No. 1 pp. 40-67 · SAGE Publications

View at Publisher Save 10.1177/27550311241291976

Abstract

Speed across various organizational processes, such as decision-making, executing operational activities, and responding to competitive challenges, represents an essential component of firms’ ability to achieve a competitive advantage. However, a theoretical and empirical consensus has yet to form whether decision speed (DS), implementation speed (IS), and response speed (RS) are beneficial or detrimental to firm performance. To help reconcile these inconclusive findings, we meta-analyze 127 studies (representing 239 effect sizes) and report overall direct effects for DS (0.21), IS (0.22), and RS (0.10) on firm performance. In addition, we examine contingencies which reveal that the performance consequences of DS, IS, and RS vary across contextual and methodological conditions.

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Details

Published: Nov 04, 2024
Vol/Issue: 3(1)
Pages: 40-67
License: View

Authors

K

Kalin D. Kolev

College of Business Administration, Marquette University Milwaukee, WI, USA

B

Bernadine J. Dykes

Harry F. Byrd, Jr. School of Business, Shenandoah University, Winchester, VA, USA

S

Saehee (Sam) Kang

College of Business, Florida State University, Tallahassee, FL, USA

M

Margaret Hughes-Morgan

College of Business Administration, Marquette University, Milwaukee, WI, USA

W

Walter J. Ferrier

Gatton College of Business and Economics, University of Kentucky, Lexington, KY, USA

Cite This Article

Kalin D. Kolev, Bernadine J. Dykes, Saehee (Sam) Kang, et al. (2024). Fast or slow? A meta-analysis on the performance implications of decision, implementation, and response speed. Journal of Management Scientific Reports, 3(1), 40-67. https://doi.org/10.1177/27550311241291976

Fast or slow? A meta-analysis on the performance implications of decision, implementation, and response speed

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