This book represents the findings of the first-ever major investigation into the ways in which individual and group perceptions of competition impact the development of strategy at individual, group and industry levels of analysis. It is based on a study undertaken in the residential estate agency industry, during a period of rapid change and instability and draws extensively on one of the largest and most sophisticated data sets ever gathered in this field to date. The book will be of interest to researchers and advanced students in the field of strategic management, organizational theory and behavior, organizational psychology and marketing.

This is the twenty-fifth volume in the most prestigious annual series for the field of industrial and organizational psychology. Continuing the tradition of providing scholarly, up-to-the-minute reviews and updates of theory and research, this volume surveys developments in such familiar areas as employee selection, team cognition and adaptation, leadership, and diversity management. Newer topics include corporate communications, coaching, and positive organizational behavior. Each chapter offers a comprehensive and critical survey of the topic and is supported by a valuable bibliography.

Based on a study of residential estate agents, comprising one of the most sophisticated datasets ever gathered in the field of managerial and organizational cognition to date, this book provides strong supporting evidence for a number of key theoretical concepts. It powerfully demonstrates why we need well-validated techniques to improve strategic thinking from a psychological standpoint. This volume will be of interest to researchers and advanced students in the field of strategic management, organizational theory and behaviour, organizational psychology and marketing.