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Title
Abstract
FAQs
Introduction
The Harvard School 65/DESIGN (Andrews et Al)
The Strategy as a Design Process
Conclusion
References

BUSINESS MODELS IN MODERN COMPETITIVE SCENARIOS

Profile image of Jose RascãoJose Rascão

2018, IGI Global

https://doi.org/10.4018/IJSDS.2018070102
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48 pages

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Abstract

The purpose of this article isto contribute to a better understanding of the role of information in the process ofstrategy formulation, based on the aggregation of existing literature. This article is descriptiveresearch,withthegoalofidentifyingandcharacterizingtheroleofinformationinstrategic decision making. The structure of the article synthesizes the existing academic work, seeking to generate new knowledge.The strategy of any organization can be defined from the outside to the inside, according to the schools ofthe positioning, orfrom the inside out, according to the schools ofthe movement, in which the organization influencesthe surroundings with its offer of products and orinnovative services,since it has competencies and capabilitiesthat competitors do not have andthat are difficultto imitate ortobuy.Hence the importance thatweak and strong signalsplay as information of anticipation inthedefinition ofthe strategy andso,thegoal isto treatthe issue ofthe role of information in the process of formulation ofthe strategy in the context ofstrategic decision making. Based on research and practical experiences carried out by the investigator in strategic consultinginsmall,mediumandlargecompaniesforabout20years,theauthorwillproposeamodel of the role of information in the process of formulating the strategy and its operationalization. Keywords Imperfections of Information, Information Science, Signs Information, Strategy

FAQs

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How does information act as a strategic resource for organizations?add

The research indicates that companies managing information strategically can achieve competitive advantages, significantly enhancing decision-making processes and responsiveness to market changes, as observed in firms like Amazon and Google around 2015.

What are the different types of information crucial for strategic decision-making?add

The study categorizes information into three types: operational, influencing, and anticipative, each serving distinct roles in daily operations, behavioral influence, and long-term trend forecasting, respectively.

How do weak and strong signals influence organizational strategy?add

Weak signals serve as early indicators of potential disruptions or opportunities, while strong signals provide more concrete evidence, both essential for adaptive strategic planning, highlighting transitions in business models.

What challenges do managers face in understanding and utilizing information?add

Managers often struggle with information overload, leading to difficulties in selecting relevant data; the complexity of information processing demands enhanced analytical capabilities and filtering systems, as noted in studies from 2020.

How does organizational culture affect strategic decision-making?add

The research reveals that an organization's culture significantly shapes decision-making processes and influences strategic outcomes, often reinforcing existing strategies and creating resistance to necessary changes.

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