Information visualization and strategic problem comprehension as drivers of strategic decisions

IF 7.5 2区管理学 Q1 BUSINESS

European Management Journal Pub Date : 2025-02-01 DOI:10.1016/j.emj.2023.10.001

Karin Eberhard, Torsten Wulf

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引用次数: 0

Abstract

Despite its practical relevance for strategic decision processes in organizations, research on strategic cognition has thus far largely ignored the impact of information visualization. This is surprising as research in the fields of cognitive psychology and medicine shows quite consistently that visual aids have positive effects on decision makers’ comprehension of the issues at hand and – consequently – their decision outcomes. In this paper, we build on cognitive psychology and strategic cognition research to introduce strategic problem comprehension as a concept that links information visualization and strategic decision outcomes. We hypothesize that information visualization leads to higher levels of strategic problem comprehension, as it fosters the integration and comparison of relevant information, which subsequently improves strategic decision outcomes. Furthermore, we identify overconfidence as a boundary condition for the effect of information visualization on strategic problem comprehension Two vignette-based decision experiments involving 62 graduate-level management students and 79 executives, respectively, confirm our hypotheses. Our study contributes to strategic cognition research by specifying the important impact of information visualization as well as strategic problem comprehension for strategic decision-making.

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信息可视化和战略问题理解作为战略决策的驱动因素

尽管战略认知与组织中的战略决策过程具有实际意义，但迄今为止，战略认知的研究在很大程度上忽略了信息可视化的影响。这是令人惊讶的，因为认知心理学和医学领域的研究一致表明，视觉辅助工具对决策者对手头问题的理解有积极作用，从而对他们的决策结果有积极作用。本文以认知心理学和战略认知研究为基础，引入战略问题理解这一连接信息可视化和战略决策结果的概念。我们假设信息可视化导致更高水平的战略问题理解，因为它促进了相关信息的整合和比较，从而改善了战略决策结果。此外，我们发现过度自信是信息可视化对战略问题理解影响的边界条件，两个基于图像的决策实验分别涉及62名研究生水平的管理学生和79名高管，证实了我们的假设。我们的研究明确了信息可视化和战略问题理解对战略决策的重要影响，有助于战略认知研究。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

European Management Journal Multiple-

CiteScore

12.90

自引率

5.30%

发文量

113

审稿时长

74 days

期刊介绍： The European Management Journal (EMJ) stands as a premier scholarly publication, disseminating cutting-edge research spanning all realms of management. EMJ articles challenge conventional wisdom through rigorously informed empirical and theoretical inquiries, offering fresh insights and innovative perspectives on key management themes while remaining accessible and engaging for a wide readership. EMJ articles embody intellectual curiosity and embrace diverse methodological approaches, yielding contributions that significantly influence both management theory and practice. We actively seek interdisciplinary research that integrates distinct research traditions to illuminate contemporary challenges within the expansive domain of European business and management. We strongly encourage cross-cultural investigations addressing the unique challenges faced by European management scholarship and practice in navigating global issues and contexts.