What question did this study set out to answer?

To establish an integrative model of strategic decision-making that bridges individual cognitive mechanisms with strategic management rigor to recognize and mitigate process risks.

January 1, 2024Journal of Engineering Management and CompetitivenessOpen Access

Strategic decisions: How good does it fit the decision-making process into the strategic management process?

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Authors

EKEdvard KolarPUH Team (Slovenia)MTMatej TušakUniversity of Humanistic Studies PRPetra RobnikUniversity of Primorska

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Implication

Conceptual analysis reveals strong alignment between cognitive decision cycles and strategic management in organizations, indicating analytical tools effectively balance intuitive judgment.

Key Points

To establish an integrative model of strategic decision-making that bridges individual cognitive mechanisms with strategic management rigor to recognize and mitigate process risks.
Employed a theoretical model-paper approach to construct a conceptual architecture predicting relationships between key organizational decision concepts.
Synthesized four distinct conceptual domains encompassing cognitive processes, dual-process reasoning, decision-making cycles, and formal strategic management frameworks.
Demonstrated high structural coherence among the strategic management process, the recurring decision-making cycle, and internal cognitive constructs.
Identified that strategic tools and analytical methods function as critical mechanisms for System 2 thinking to calibrate and validate intuitive System 1 insights.

Cite This Study

Kolar et al. (2024) studied this question.

synapsesocial.com/papers/6a0a728a36657de66c7367e2 https://doi.org/10.5937/jemc2402099k

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Implication

Conceptual analysis reveals strong alignment between cognitive decision cycles and strategic management in organizations, indicating analytical tools effectively balance intuitive judgment.

Strategic decisions: How good does it fit the decision-making process into the strategic management process?

Discussion

Member takes

Implication

Key Points

Cite This Study

Strategic decisions: How good does it fit the decision-making process into the strategic management process?

Discussion

Member takes

Implication

Key Points

Cite This Study

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Also Consider