Thirdly, although previous research on empowering leadership focused only on an emergent state—team empowerment—as the mediating concept (Kirkman & Rosen, 1999), our study examined the intervening roles of both knowledge sharing as a team process and team efficacy as an emergent state. Including these two kinds of concepts in one model makes the latter more inclusive in terms of the heuristic model of team effectiveness (Cohen & Bailey, 1997), as explained earlier. Fourthly, management teams provided a highly worthwhile sample here because of implications for organizational performance and the consequent relevance to the strategy literature. We make a contribution to the research on management teams by expanding knowledge of the team factors that influence organizational performance, given the limited field research in this area. Our study indicates that knowledge sharing and team efficacy are strategically important team factors that “scale up” to organizational performance.