Is comprehensiveness in making strategic decisions always helpful?

IF 2 4区管理学 Q3 BUSINESS

Australian Journal of Management Pub Date : 2023-11-05 DOI:10.1177/03128962231201497

Sasanka Sekhar Chanda, Sougata Ray

引用次数: 0

Abstract

Extant research provides incongruous answers to the question whether higher comprehensiveness in making strategic decisions is always desirable. To motivate a resolution, we study outcomes of decision-comprehensiveness by modeling strategic decision-making as an emergent process, accomplished through learning by managers over time for organizations focusing on exploration or exploitation, over short or long time horizons, in stable and changing environments. Three out of the eight resultant scenarios favor higher comprehensiveness, and two favor lower comprehensiveness. The remaining three scenarios call for a more nuanced consideration of the comprehensiveness construct. Our research enriches managerial decision-making by highlighting circumstances where higher comprehensiveness is beneficial or detrimental to the quality of a strategic decision. JEL Classification: D70, D81, D91

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战略决策的全面性是否总是有益的?

对于战略决策的全面性是否总是可取的这个问题，现有的研究给出了不协调的答案。为了激励一个决议，我们通过将战略决策建模为一个紧急过程来研究决策综合性的结果，该过程是通过管理人员在一段时间内的学习来完成的，这些组织专注于探索或开发，在短期或长期的视野中，在稳定和不断变化的环境中。八个结果场景中有三个支持更高的综合性，两个支持更低的综合性。剩下的三种情况需要更细致地考虑全面性结构。我们的研究通过强调更高的综合性对战略决策质量有利或有害的情况来丰富管理决策。JEL分类:D70, D81, D91

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来源期刊

Australian Journal of Management Multiple-

CiteScore

10.60

自引率

4.20%

发文量

期刊介绍： The objectives of the Australian Journal of Management are to encourage and publish research in the field of management. The terms management and research are both broadly defined. The former includes the management of firms, groups, industries, regulatory bodies, government, and other institutions. The latter encompasses both discipline- and problem-based research. Consistent with the policy, the Australian Journal of Management publishes research in accounting, applied economics, finance, industrial relations, political science, psychology, statistics, and other disciplines, provided the application is to management, as well as research in areas such as marketing, corporate strategy, operations management, organisation development, decision analysis, and other problem-focuses paradigms.