Changing career models and capacity for innovation in professional services

Michael Smets, Timothy Morris, Namrata Malhotra

Research output: Chapter in Book/Report/Conference proceedingChapter (peer-reviewed)

Abstract

A number of professional sectors have recently moved away from their longstanding career model of up-or-out promotion and embraced innovative alternatives. Professional labor is a critical resource in professional service firms. Therefore, changes to these internal labor markets are likely to trigger other innovations, for example in knowledge management, incentive schemes and team composition. In this chapter we look at how new career models affect the core organizing model of professional firms and, in turn, their capacity for and processes of innovation. We consider how professional firms link the development of human capital and the division of professional labor to distinctive demands for innovation and how novel career systems help them respond to these demands.
Original languageEnglish
Title of host publicationHandbook of research on entrepreneurship in professional services
EditorsMarkus Reihlen, Andreas Werr
PublisherEdward Elgar
Pages127-147
Number of pages21
ISBN (Electronic)978-1-78100-910-9
ISBN (Print)978-1-84844-626-7, 1-84844-626-8
DOIs
Publication statusPublished - 31 Oct 2012

Publication series

NameElgar original reference
PublisherEdward Elgar publishing

Bibliographical note

The chapter is for personal use only and directing any queries about re-use to Edward Elgar Publishing.

Keywords

  • careers
  • promotion
  • tournament theory
  • innovation
  • professional service firms

Fingerprint Dive into the research topics of 'Changing career models and capacity for innovation in professional services'. Together they form a unique fingerprint.

  • Research Output

    • 1 Chapter (peer-reviewed)
    • 1 Paper
    • 1 Article

    Institutional entrepreneurship: a literature review and analysis of the maturing consulting field

    Smets, M. & Reihlen, M., 31 Oct 2012, Handbook of research on entrepreneurship in professional services. Reihlen, M. & Werr, A. (eds.). Edward Elgar, p. 297-317 21 p. (Elgar original reference).

    Research output: Chapter in Book/Report/Conference proceedingChapter (peer-reviewed)

    Open Access
    File
  • New career models in UK professional service firms: from up-or-out to up-and-going-nowhere?

    Malhotra, N., Morris, T. & Smets, M., 2010, In : International Journal of Human Resource Management. 21, 9, p. 1396-1413 18 p.

    Research output: Contribution to journalArticle

    Open Access
    File
  • Multi-level institutional work: maintaining or disputing up-or-out tournaments in elite law firms?

    Malhotra, N., Morris, T. & Smets, M., 2008.

    Research output: Contribution to conferencePaper

    Cite this

    Smets, M., Morris, T., & Malhotra, N. (2012). Changing career models and capacity for innovation in professional services. In M. Reihlen, & A. Werr (Eds.), Handbook of research on entrepreneurship in professional services (pp. 127-147). (Elgar original reference). Edward Elgar. https://doi.org/10.4337/9781848446267.00017