Winning over the market orientation trap : a dynamic process model of market orientation evolution

Autor: Albena Björck, Henrik Sievers, Antti Ainamo, Fredrik Hacklin, Jari Salo
Jazyk: angličtina
Rok vydání: 2022
Předmět:
Popis: The concept of market orientation (MO) has received widespread attention within the literature on marketing, strategy, and innovation during past decades. More recent debate has given rise to two conceptually distinct MO perspectives—market driving, and market-driven behavior. Although these two strategic orientations are considered highly complementary, the relatedness and dynamics between them largely remain a ‘black box’: the questions of how, when, and under which environmental conditions they can be combined to achieve better overall performance, have remained largely understudied. Against this background, our study introduces a novel, previously neglected perspective on MO: the dimension of time. Building on a longitudinal, embedded case study examining a leading European state-owned telecom operator over a perspective of 22 years, we develop a process study of the MO dynamics, thereby gaining a richer and multifaceted understanding of how different forms of MO unfold and interact. We offer two main propositions. First, we theorize on the gradually shifting co-evolution of proactive and reactive positioning within MO. Second, we identify effects of lock-in created in the transition from market driving to market-driven phases, leading to what we refer to as the “MO trap”. We contribute to connecting the dots between theories of marketing strategy and industry dynamics, and offer managerial implications.
Databáze: OpenAIRE