Turnaround and failure: resource weaknesses and the rise and fall of Jarvis

Wild, Andrew; Locket, Andrew

Abstract

Research employing the resource-based view (RBV) has overwhelming focused on the upside of resources, namely those that provide benefit to the firm. However, an emerging research stream suggests that the downside of resources, namely resource weaknesses, may be crucial in gaining a greater understanding of the key factors that contribute to firm performance and the ability to turnaround failing companies. We examine the infamous case of Jarvis, a firm that achieved a turnaround, but then experienced catastrophic failure. In so doing we explore the emergence of resource weaknesses, their nature and ability to combine to create a fatal organisational outcome.

Citation

Wild, A., & Locket, A. (2016). Turnaround and failure: resource weaknesses and the rise and fall of Jarvis. Business History, 58(6), 829-857. https://doi.org/10.1080/00076791.2015.1024229

• Journal Article Type: Article
• Acceptance Date: Feb 20, 2015
• Online Publication Date: Dec 10, 2015
• Publication Date: Jul 6, 2016
• Deposit Date: Oct 17, 2016
• Publicly Available Date: Oct 17, 2016
• Journal: Business History
• Print ISSN: 0007-6791
• Electronic ISSN: 1743-7938
• Publisher: Routledge
• Peer Reviewed: Peer Reviewed
• Volume: 58
• Issue: 6
• Pages: 829-857
• DOI: https://doi.org/10.1080/00076791.2015.1024229
• Keywords: Resource weaknesses, Jarvis, turnaround, resource-based view (RBV), failure,
• Public URL: https://nottingham-repository.worktribe.com/output/769669
• Publisher URL: http://www.tandfonline.com/doi/full/10.1080/00076791.2015.1024229
• Additional Information: This is an Accepted Manuscript of an article published by Taylor & Francis in Business History on 10/12/2015, available online: http://www.tandfonline.com/10.1080/00076791.2015.1024229.