Top management team heterogeneity: Personality, power, and proxies

The authors have crafted a paper that is exciting on several levels. It is an enticing story of how a top management team changes over time and how those changes dramatically alter firm performance. It is also a thought-provoking juxtapostion of the qualitative understanding of that team with its demographics. Finally, it is an illuminating exploration of the findings of several well-known demographic studies of top management teams in light of the deep understanding from the case study data. Overall, this research makes valuable contributions to research on group heterogeneity and the demographics of top management teams. Most significantly, it highlights the value of triangulated, multimethod research-i.e., the insightful interplay between case study and large sample research.