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Group & Organization Management
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Strategic Planning Openness

The Role of Top Team Demography

Karen A. Bantel

Wayne State University

The effect of top management team demography on the strategic planning dimension of planning openness was examined in a sample of retail banks. The following demographic characteristics were analyzed: mean tenure, age, and education level, and heterogeneity on educational major and functional background. After controlling for firm size and performance volatility, low tenure mean, low education mean, and functional heterogeneity were found to have an influence on planning openness.

Group & Organization Management, Vol. 19, No. 4, 406-424 (1994)
DOI: 10.1177/1059601194194002
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