Organizational heuristics and firms' sensemaking for climate change adaptation

نویسندگان

چکیده

The complexity and uncertainty of climate change pose unique challenges to the development corporate adaptation strategies. Climate requires organizations rely on sensemaking understand events, implications for their operations, develop a response. Organizational heuristics can support by simplifying decisions reducing cognitive effort but also hinder it creating bias errors that lead inefficient decisions. This paper analyzes how firms use organizational when making empirically investigating responses key infrastructure providers in United Kingdom. Looking at selection, prioritization, procedural, temporal heuristics, we examine make sense events accordingly. analysis shows while these rules-of-thumb are sensible some instances, they create biases, too, may deflect responsibility or false security leading

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ژورنال

عنوان ژورنال: Business Strategy and The Environment

سال: 2023

ISSN: ['0964-4733', '1099-0836']

DOI: https://doi.org/10.1002/bse.3476