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Empirically derived models of strategic decision‐making processes

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  • Paul Shrivastava
  • John H. Grant

Abstract

This paper reports on an empirical study of strategic decision‐making processes and organizational learning in 32 business organizations facing complex environments. The decision processes were found to vary in four prototypical patterns described here as the strategic decision‐making models. These models are proposed as an initial step towards the development of a taxonomy of strategic decision processes. The relationships between strategic decision‐making models and organizational learning systems that support them are explored. These models may help researchers to conceptualize and practitioners to manage strategy formulation processes in organizations.

Suggested Citation

  • Paul Shrivastava & John H. Grant, 1985. "Empirically derived models of strategic decision‐making processes," Strategic Management Journal, Wiley Blackwell, vol. 6(2), pages 97-113, April.
    • Handle: RePEc:bla:stratm:v:6:y:1985:i:2:p:97-113
    DOI: 10.1002/smj.4250060202
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    Cited by:

    1. Martínez Bobillo, Alfredo & Rodríguez Sanz, Juan Antonio & Tejerina Gaite, Fernando, 2021. "Explanatory and predictive drivers of entrepreneurial orientation and innovation capacity: Evidence from family enterprises," Cuadernos de Gestión, Universidad del País Vasco - Instituto de Economía Aplicada a la Empresa (IEAE).
    2. Saira Begum & Enjun Xia & Khalid Mehmood & Yaser Iftikhar & Yan Li, 2020. "The Impact of CEOs’ Transformational Leadership on Sustainable Organizational Innovation in SMEs: A Three-Wave Mediating Role of Organizational Learning and Psychological Empowerment," Sustainability, MDPI, vol. 12(20), pages 1-16, October.
    3. T. Ramayah & Osman Mohamad & Azizah Omar & Malliga Marimuthu & Jasmine Yeap Ai Leen, 2012. "The Influence of SME Owners’ Characteristics on Technology Adoption," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 3(3), pages 10-16, September.
    4. Koen van den Oever & Xavier Martin, 2019. "Fishing in troubled waters? Strategic decision‐making and value creation and appropriation from partnerships between public organizations," Strategic Management Journal, Wiley Blackwell, vol. 40(4), pages 580-603, April.
    5. Asif Ali & Ashok Aima & Jaya Bhasin & Robert D. Hisrich, 2021. "Measuring Entrepreneurial Orientation in Developing Economies: Scale Development and Validation," Jindal Journal of Business Research, , vol. 10(2), pages 147-162, December.
    6. Rajeswararao Chaganti & Dona DeCarolis & David Deeds, 1996. "Predictors of Capital Structure in Small Ventures," Entrepreneurship Theory and Practice, , vol. 20(2), pages 7-18, January.
    7. Pierre-André Julien & Louis Raymond, 1994. "Factors of New Technology Adoption in the Retail Sector," Entrepreneurship Theory and Practice, , vol. 18(4), pages 79-90, July.
    8. James J. Chrisman & Esra Memili & Kaustav Misra, 2014. "Nonfamily Managers, Family Firms, and the Winner's Curse: The Influence of Noneconomic Goals and Bounded Rationality," Entrepreneurship Theory and Practice, , vol. 38(5), pages 1-25, September.
    9. Yan Ling & María Concepción López-Fernández & Ana María Serrano-Bedia & Franz W. Kellermanns, 2020. "Organizational culture and entrepreneurial orientation: examination through a new conceptualization lens," International Entrepreneurship and Management Journal, Springer, vol. 16(2), pages 709-737, June.
    10. Jackson Nickerson & Nicholas Argyres, 2018. "Strategizing Before Strategic Decision Making," Strategy Science, INFORMS, vol. 3(4), pages 592-605, December.

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