Sergio Janczak
580 California St., Suite 400
San Francisco, CA, 94104
The Strategic Decision-Making Process in Organizations
2017
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Abstract
This paper intends to describe the evolution of the strategic decision-making processes in organizations and propose an integrate view to these processes. This paper seeks to make a number of contributions to the literature on strategy development processes. It explores a multidimensional conceptualization of strategy development and inquires specific process characteristics, such as creativity, development of resources and rationality. Further, the paper provides a critical evalua- tion of the nature of the relationship between decision-making and performance. Finally, the au- thor emphasizes the need for identifying the different levels of analysis, the need for a continuous temporal analysis, the need for evaluating the events with their natural complexity In summary, the author argues that what is needed in strategy field are "process" models which are more environment-focused. In doing this, the paper highlights promising directions for the development of process mode...