A multi-stage model of governance in ... - Cass Knowledge
A multi-stage model of governance in ... - Cass Knowledge
A multi-stage model of governance in ... - Cass Knowledge
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<strong>Cass</strong> Centre for Pr<strong>of</strong>essional Service Firms – Work<strong>in</strong>g Paper 004 - 2010<br />
‘change may be fitful and replete with oscillations and delays rather than an ordered<br />
and consistent revolution.’ The conceptual <strong>model</strong> is, therefore, supplemented by two<br />
case studies: a small, young corporation (‘BoutiqueCo’) and a long-established, large<br />
global partnership (‘MegaPartners’). The <strong>model</strong> below is therefore a conceptual<br />
framework which describes the broad pattern <strong>of</strong> development <strong>of</strong> PSF <strong>governance</strong><br />
observed over the course <strong>of</strong> the research studies, while the detailed case studies<br />
illustrate two ‘aborted excursions’ (to use Greenwood and H<strong>in</strong><strong>in</strong>gs’, 1988,<br />
term<strong>in</strong>ology).<br />
Figure 1:<br />
A <strong>multi</strong>-<strong>stage</strong> <strong>model</strong> <strong>of</strong> <strong>governance</strong><br />
<strong>in</strong> pr<strong>of</strong>essional service firms<br />
Large<br />
“Corporate”<br />
Federated<br />
Size<br />
Delegated<br />
Disconnection<br />
Committee<br />
Frustration<br />
Dispersed<br />
Collegial<br />
Disorganization<br />
Small<br />
Founderfocussed<br />
Young<br />
Exclusion<br />
Age<br />
Mature<br />
14