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Influences on strategic decision effectiveness: Development and test of an integrative model
Author(s) -
Elbanna Said,
Child John
Publication year - 2007
Publication title -
strategic management journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 11.035
H-Index - 286
eISSN - 1097-0266
pISSN - 0143-2095
DOI - 10.1002/smj.597
Subject(s) - rationality , intuition , argument (complex analysis) , strategic thinking , strategic planning , context (archaeology) , management science , process management , economics , psychology , business , management , political science , law , paleontology , biochemistry , chemistry , biology , cognitive science
This paper draws upon three broad perspectives on the strategic decision‐making process in order to develop a more completely specified model of strategic decision effectiveness in a different context, namely Egypt. The key variables in this model consist of three strategic decision‐making process dimensions (rationality, intuition, and political behavior); seven moderating variables concerning decision‐specific, environmental, and organizational factors; and strategic decision effectiveness as an outcome variable. A two‐stage study was conducted in which the first stage provided exploratory insights and the second stage investigated hypotheses on the impact of strategic decision‐making process dimensions on strategic decision effectiveness and the moderating role of broader contextual variables. The second‐stage study produced three major findings: (1) both rational and political processes appear to have more influence on strategic decision effectiveness than does intuition; (2) strategic decision effectiveness is both process‐ and context‐specific; and (3) certain results support the ‘ culture‐free ’ argument, while others support the ‘ culture‐specific ’ argument. Copyright © 2007 John Wiley & Sons, Ltd.