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Purpose – The purpose of this paper is to develop and validate a model of how cognitive biases and framing effects influence managerial decision‐making about strategic initiatives. Design/methodology/approach – Because the author was interested in understanding real‐world practices about...
Persistent link: https://www.econbiz.de/10014933213
Organizations take strategic direction decisions in four key areas: culture, policy, strategic plans and in the way they select and approach their markets. Presents an approach which allows managers to look simply and graphically at the complex interactions to guide them through the maze of...
Persistent link: https://www.econbiz.de/10014933534
Although the notion of competitiveness lies at the heart of business strategy development, its definition is often … competitive environment which form the basis of business strategy formulation.  …
Persistent link: https://www.econbiz.de/10014933604
Presents a recently developed conceptual model of strategy in organizations. Aims to examine three major levels at … strategy as an iterative complex process with some simple central components. Top managers need to be aware of the context …, content and process of strategy. Outlines and explains a conceptual model which attempts to integrate and make sense of the …
Persistent link: https://www.econbiz.de/10014933658
of corporate communications upon the formulation of corporate strategy.  …
Persistent link: https://www.econbiz.de/10014932167
This article posits a paradigm of levels of success for strategic decision outcomes. A high level of strategic decision success is normally preceded by a positive strategic gap in which the strengths of the organization clearly outweigh its weaknesses. Three comprehensive cases are set forth as...
Persistent link: https://www.econbiz.de/10014932168
internal capabilities. This study supports the notion that strategy is formulated in part as a response to management … varies by generic strategy, suggesting that businesses consider both the type and degree of uncertainty when crafting a … competitive strategy. Specifically, the data suggest that viable strategic options may be limited more by the cognitive and …
Persistent link: https://www.econbiz.de/10014932187
concludes with the process of managing and strategy throughout the phases, giving guidelines that managers and CEOs should … managing/strategy) are sub‐divided into three sub‐sections: pre‐merger; during the merger; post‐merger. This is intended to …
Persistent link: https://www.econbiz.de/10014932194
possess. Market orientation is a behavioural culture that affects strategy formulation and strategy implementation, and how an … and strategy profiles corresponding to unique competitive contexts that represent best practices for an organization … assertion that organization culture is synonymous with strategy and the evidence that the external environment affects …
Persistent link: https://www.econbiz.de/10014932207
The focus of this research was on exploring how entrepreneurs think about risk and deal with it in the strategy …
Persistent link: https://www.econbiz.de/10014932210