Strategic Decision Making: Process, Models, and Theories

Strategic Decision Making: Process, Models, and Theories

Strategic Decision Making Process Research : Are Entrepreneur and Owner Managed Firms Different ? Strategic Decision Making

The research into SME’s is often presented as quite distinct from strategy or general management research. This paper examines the literature on Strategic Decision Making (SDM) process, drawing in some findings from the SME sector which show some key similarities. The paper makes proposals for research into SDM processes in SME’s, which would clarify both the general management theory and theor...

Understanding Managers' Strategic Decision- Making Process

This goal of this paper is to establish a research agenda that will lead lo a stream of research that closes Ihe gap bclwcen actual and normative strategic managerial decision making. We start by distinguishing strategic managerial decision making (choices) from other choices. Next, we propose a conceptual model of how managers make strategic decisions ihat is consistent with the observed gap b...

Management Theories and Strategic Practices for Decision Making

Complex systems models for strategic decision making

A number of simulation techniques may be applied to strategy and decision-making. In using such techniques it is important to understand the role of models, in the context of the wider decision-making process which is largely a communal and political process; the choice of a particular approach or technique depends not only on the type of decision being considered, but also on the stage of the ...