Key internal drivers for an SME’s dynamic ambidextrous growth strategy: A case study of a Norwegian seafood group
This qualitative, explorative case study presents a small and medium-sized enterprise (SME) in Norway that successfully pursued a dynamic ambidextrous growth strategy. The study applies a micro-foundation perspective and focuses on identifying and describing key internal drivers behind the group’s ambidextrous strategy. The empirical findings underscore ambidextrous owner-managers' pivotal role in facilitating strategic realignment, structural adaptation, and knowledge management to enable the case group’s long-term growth. This study contributes to the strategy literature by proposing a framework for theorizing how the identified key internal drivers can be employed to form a dynamic ambidextrous growth strategy in SMEs. ● Small- and medium enterprises (SMEs) can benefit from a dynamic ambidextrous long-term growth strategy. ● Flexibility and decision-making authority make ambidextrous owner-managers a primary key driver for growth. ● For successful long-term growth via a dynamic ambidextrous long-term growth strategy, several key internal drivers should be applied with various strengths depending on SMEs’ development phase.
Authors
- Bernt Arne Bertheussen (ORCID: https://orcid.org/0000-0002-1011-7064)
- Hilde Hannevig (ORCID: https://orcid.org/0000-0003-1504-6522)
Institutions
- UiT The Arctic University of Norway (NO)
Publication Details
- Journal
- Scandinavian Journal of Management
- Published
- 2024-10-04
- DOI
- https://doi.org/10.1016/j.scaman.2024.101367
- Citations
- 3
- Primary Topic
- Innovation and Knowledge Management
- Type
- article
- Field-Weighted Citation Impact
- 1.66