We discuss the microfoundations of routines and capabilities, including why a microfoundations view is needed and how it may inform work on organizational and competitive heterogeneity. Building on extant research, we identify three primary categories of micro-level components underlying...

Ask any group of organizational leaders from any business sector what keeps them awake at night and arguably 'managing the pace of change' will appear at the top of the list. The concern does not focus on one or two strategic changes. Rather the concern is whether every program, unit,...