The Strategic Decision-Making Process in Organizations

Topics:
Decision making
Tags:
Decision-making,
Management,
Strategy,
Tools & Techniques,
University Of Western Ontario
Source:
University of Western Ontario

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Overview: This paper intends to describe the evolution of the strategic decision-making processes in organizations and propose an integrate view to these processes. This paper seeks to make a number of contributions to the literature on strategy development processes. It explores a multidimensional conceptualization of strategy development and inquires specific process characteristics, such as creativity, development of resources and rationality. Further, the paper provides a critical evaluation of the nature of the relationship between decision-making and performance. Finally, the author emphasizes the need for identifying the different levels of analysis, the need for a continuous temporal analysis, the need for evaluating the events with their natural complexity.

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Format: PDF | Size: 271KB | Date: Mar 2005 | Pages: 13

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