A multi‐theoretic perspective on trust and power in strategic supply chains
AbstractStrategic supply chains serve as a potential source of competitive advantage for firms. The ability of a strategy supply chain to engender cultural competitiveness, or joint entrepreneurship and learning aimed at filling market gaps, is a key path through which a strategic supply chain may become a competitive advantage. A balance of trust and power within the supply chain offsets uncertainty and risks associated with the behaviors underlying cultural competitiveness. Using a multi‐theoretic perspective, we discuss four strategies that firms use to balance a climate of trust and power in a strategic supply chain. Identifying an authority, generating a common supply chain identity, utilizing boundary spanning ties, and providing procedural and interactive justice are the strategies we discuss.
- DOI
- 10.1016/j.jom.2006.05.004
- Volume
- 25 (2)
- Pages
- 482-497
- Language
- en
- Export
- BibTeX
- Sources
- crossref