Construct · 1 fields · 1 citations

downward spiral: a standalone construct

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Organizational sociology

the pattern in which failing large firms show early weakness, then a long spiral of deteriorating performance and erratic strategy that ends in bankruptcy.

In organizational sociology, downward spiral refers to the pattern in which failing large firms show early weakness, then a long spiral of deteriorating performance and erratic strategy that ends in bankruptcy. This meaning comes from Hambrick (1988) in Administrative Science Quarterly.[1]

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Nearby constructs

pattern4 fields · 5 citationsjingle · one word, four constructs performance6 fields · 8 citationsjingle · one word, five performances spiral3 fields · 3 citationsjingle · one word, three constructs

References

Hambrick, D. C., & D'Aveni, R. A. (1988). Large Corporate Failures as Downward Spirals. Administrative Science Quarterly, 33(1), 1. https://doi.org/10.2307/2392853

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