Opportunity Exploitation and TMT Organizational Configurations

In this paper, we jointly consider the organization of the Top Management Team (hereafter: TMT) and the exploitation of opportunities by firms. Specifically, we study whether different ways to combine six main organizational elements of the TMT (i.e., different TMT configurations) relate to opportunities exploited by the firm. Applying a cluster analysis to a sample of 237 Italian firms, collected through a large-scale survey addressed to CEOs,...