Encyclopedia of Social Network Analysis and Mining

Living Edition
| Editors: Reda Alhajj, Jon Rokne

Top Management Team Networks

Living reference work entry
DOI: https://doi.org/10.1007/978-1-4614-7163-9_373-1

Synonyms

Executive teams; Innovation; Leadership team; Relational view; Social networks; Strategic decision-making; Top management teams

Glossary

CEO

Chief executive officer of the firm

Philos

A type of affinity based on trust and/or friendship

Structural hole

A gap that exists between two sets of actors who could benefit from being connected

TMT

Top management team

Definition

Top management teams (TMTs) consist of the most senior members of the organization, those who are responsible for formulating strategy. Typically, this is a very small group of senior executives, numbering from two to about a dozen. Because of its importance to organizational performance and positioning as a key boundary spanner at the periphery of the organization, the TMT has been subject of great deal of research particularly into composition and group process. More recently, interest has shifted to the social networks of TMTs and how these networks can be designed to improve decision-making effectiveness,...

Keywords

Expense Posit Stake 
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Copyright information

© Springer Science+Business Media LLC 2017

Authors and Affiliations

  1. 1.Villanova School of BusinessVillanova UniversityVillanovaUSA