IDEAS home Printed from https://ideas.repec.org/a/spr/jknowl/v12y2021i4d10.1007_s13132-020-00688-4.html
   My bibliography  Save this article

Heuristics and Evidences Decision (HeED) Making: a Case Study in a Systemic Model for Transforming Decision Making from Heuristics-Based to Evidenced-Based

Author

Listed:
  • Tariq Mahadeen

    (Nottingham Trent University)

  • Kostas Galanakis

    (Nottingham Trent University)

  • Elpida Samara

    (University of Western Macedonia)

  • Pavlos Kilintzis

    (Univeristy of Western Macedonia)

Abstract

Studies refer to Heuristics and Evidences Decision Making approaches in a comparative manner; however, it is identified that these two approaches are inseparable and are applied in parallel. The objective of this paper is to provide a qualitative analysis of a systems thinking framework that defines a transition path from either a heuristic dominated or evidence-based dominated decision-making approach to a balanced one. The aims are to demonstrate the stages of change and prepare managers and executives for the resistance that will be evident during the transition. We do not claim that this is the only path of change; however, it provides a structured model that can be repeated under similar context. We use abductive reasoning in order to make logical inferences and construct the framework’s theory based on a case study company, and then system dynamics that help us proceed to the modeling approach of this framework. The holistic modeling approach reveals the need to base decision making in both evidence and heuristics. Furthermore, it demonstrates actions to manage resistance and to make this system a self-regulated and continuous decision-making tool.

Suggested Citation

  • Tariq Mahadeen & Kostas Galanakis & Elpida Samara & Pavlos Kilintzis, 2021. "Heuristics and Evidences Decision (HeED) Making: a Case Study in a Systemic Model for Transforming Decision Making from Heuristics-Based to Evidenced-Based," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(4), pages 1668-1693, December.
  • Handle: RePEc:spr:jknowl:v:12:y:2021:i:4:d:10.1007_s13132-020-00688-4
    DOI: 10.1007/s13132-020-00688-4
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s13132-020-00688-4
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1007/s13132-020-00688-4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Raineri, Andrés B., 2011. "Change management practices: Impact on perceived change results," Journal of Business Research, Elsevier, vol. 64(3), pages 266-272, March.
    2. Stewart, TJ, 1992. "A critical survey on the status of multiple criteria decision making theory and practice," Omega, Elsevier, vol. 20(5-6), pages 569-586.
    3. Krawczyk, Michał Wiktor & Rachubik, Joanna, 2019. "The representativeness heuristic and the choice of lottery tickets: A field experiment," Judgment and Decision Making, Cambridge University Press, vol. 14(1), pages 51-57, January.
    4. Bala Chakravarthy & Hee-Jae Cho, 2004. "Managing trust and learning: an exploratory study," International Journal of Management and Decision Making, Inderscience Enterprises Ltd, vol. 5(4), pages 333-347.
    5. Balsvik, Ragnhild & Haller, Stefanie A., 2015. "Ownership change and its implications for the match between the plant and its workers," Discussion Paper Series in Economics 10/2015, Norwegian School of Economics, Department of Economics.
    6. Min, Dong-Jun & Cunha, Marcus, 2019. "The influence of horizontal and vertical product attribute information on decision making under risk: The role of perceived competence," Journal of Business Research, Elsevier, vol. 97(C), pages 174-183.
    7. repec:cup:judgdm:v:13:y:2018:i:5:p:401-412 is not listed on IDEAS
    8. Li, Li, 2005. "The effects of trust and shared vision on inward knowledge transfer in subsidiaries' intra- and inter-organizational relationships," International Business Review, Elsevier, vol. 14(1), pages 77-95, February.
    9. repec:cup:judgdm:v:10:y:2015:i:1:p:115-122 is not listed on IDEAS
    10. Sean Snyder, 2013. "The Simple, the Complicated, and the Complex: Educational Reform Through the Lens of Complexity Theory," OECD Education Working Papers 96, OECD Publishing.
    11. Heckmann, Nadine & Steger, Thomas & Dowling, Michael, 2016. "Organizational capacity for change, change experience, and change project performance," Journal of Business Research, Elsevier, vol. 69(2), pages 777-784.
    12. Judge, William Q. & Elenkov, Detelin, 2005. "Organizational capacity for change and environmental performance: an empirical assessment of Bulgarian firms," Journal of Business Research, Elsevier, vol. 58(7), pages 893-901, July.
    13. Pavlos Kilintzis & Elpida Samara & Elias G. Carayannis & Yiannis Bakouros, 2020. "Business Model Innovation in Greece: Its Effect on Organizational Sustainability," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(3), pages 949-967, September.
    14. Scott Sonenshein & Utpal Dholakia, 2012. "Explaining Employee Engagement with Strategic Change Implementation: A Meaning-Making Approach," Organization Science, INFORMS, vol. 23(1), pages 1-23, February.
    15. Mingers, John & White, Leroy, 2010. "A review of the recent contribution of systems thinking to operational research and management science," European Journal of Operational Research, Elsevier, vol. 207(3), pages 1147-1161, December.
    16. Krabuanrat, K. & Phelps, R., 1998. "Heuristics and rationality in strategic decision making: An exploratory study," Journal of Business Research, Elsevier, vol. 41(1), pages 83-93, January.
    17. Arribas, Iván & Comeig, Irene & Urbano, Amparo & Vila, José, 2014. "Statistical formats to optimize evidence-based decision making: A behavioral approach," Journal of Business Research, Elsevier, vol. 67(5), pages 790-794.
    18. Avi Fiegenbaum & Howard Thomas, 1995. "Strategic groups as reference groups: Theory, modeling and empirical examination of industry and competitive strategy," Strategic Management Journal, Wiley Blackwell, vol. 16(6), pages 461-476.
    19. repec:cup:judgdm:v:14:y:2019:i:1:p:51-57 is not listed on IDEAS
    20. David J. Teece & Gary Pisano & Amy Shuen, 1997. "Dynamic capabilities and strategic management," Strategic Management Journal, Wiley Blackwell, vol. 18(7), pages 509-533, August.
    21. Busenitz, Lowell W. & Barney, Jay B., 1997. "Differences between entrepreneurs and managers in large organizations: Biases and heuristics in strategic decision-making," Journal of Business Venturing, Elsevier, vol. 12(1), pages 9-30, January.
    22. Said Elbanna & John Child, 2007. "Influences on strategic decision effectiveness: Development and test of an integrative model," Strategic Management Journal, Wiley Blackwell, vol. 28(4), pages 431-453, April.
    23. Rugman, Alan & Hodgetts, Richard, 2001. "The end of global strategy," European Management Journal, Elsevier, vol. 19(4), pages 333-343, August.
    24. Darius Danesh & Michael J. Ryan & Alireza Abbasi, 2018. "Multi-criteria decision-making methods for project portfolio management: a literature review," International Journal of Management and Decision Making, Inderscience Enterprises Ltd, vol. 17(1), pages 75-94.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Heckmann, Nadine & Steger, Thomas & Dowling, Michael, 2016. "Organizational capacity for change, change experience, and change project performance," Journal of Business Research, Elsevier, vol. 69(2), pages 777-784.
    2. Badri Munir Sukoco & Beta Embriyono Adna & Zainul Musthofa & Reza Ashari Nasution & Dwi Ratmawati, 2022. "Middle Managers’ Cognitive Styles, Capacity for Change, and Organizational Performance," SAGE Open, , vol. 12(1), pages 21582440221, March.
    3. Thierry Burger-Helmchen, 2007. "Justifying the Origin of Real Options and their Difficult Evaluation in Strategic Management," Schmalenbach Business Review (sbr), LMU Munich School of Management, vol. 59(4), pages 387-405, October.
    4. Walrave, Bob & Talmar, Madis & Podoynitsyna, Ksenia S. & Romme, A. Georges L. & Verbong, Geert P.J., 2018. "A multi-level perspective on innovation ecosystems for path-breaking innovation," Technological Forecasting and Social Change, Elsevier, vol. 136(C), pages 103-113.
    5. Lau, Chung-Ming & Yiu, Daphne W. & Yeung, Ping-Kwong & Lu, Yuan, 2008. "Strategic orientation of high-technology firms in a transitional economy," Journal of Business Research, Elsevier, vol. 61(7), pages 765-777, July.
    6. Sudharshan, Devanathan & Furrer, Olivier & Arakoni, Ramesh A., 2013. "Robust Imitation Strategies," FSES Working Papers 446, Faculty of Economics and Social Sciences, University of Freiburg/Fribourg Switzerland.
    7. Christophe Bonnet & Peter Wirtz, 2011. "Investor Type, Cognitive Governance and Performance in Young Entrepreneurial Ventures:A Conceptual Framework," Working Papers CREGO 1110301, Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations.
    8. Peter Wirtz, 2011. "Beyond Agency Theory: Value Creation and the Role of Cognition in the Relationship Between Entrepreneurs and Venture Capitalists," Springer Books, in: Advances in Entrepreneurial Finance, chapter 0, pages 31-43, Springer.
    9. Jing Xia & Wei Liu & Sang-Bing Tsai & Guodong Li & Chien-Chi Chu & Kai Wang, 2018. "A System Dynamics Framework for Academic Entrepreneurship," Sustainability, MDPI, vol. 10(7), pages 1-25, July.
    10. Jan Lampe & Priscilla Sarai Kraft & Andreas Bausch, 2020. "Mapping the Field of Research on Entrepreneurial Organizations (1937–2016): A Bibliometric Analysis and Research Agenda," Entrepreneurship Theory and Practice, , vol. 44(4), pages 784-816, July.
    11. McKelvie, Alexander & Haynie, J. Michael & Gustavsson, Veronica, 2011. "Unpacking the uncertainty construct: Implications for entrepreneurial action," Journal of Business Venturing, Elsevier, vol. 26(3), pages 273-292, May.
    12. Kazan, Erol & Tan, Chee-Wee & Lim, Eric T.K & Sørensen, Carsten & Damsgaard, Jan, 2018. "Disentangling digital platform competition: the case of UK mobile payment platforms," LSE Research Online Documents on Economics 86345, London School of Economics and Political Science, LSE Library.
    13. Orr, Madeleine & Inoue, Yuhei, 2019. "Sport versus climate: Introducing the climate vulnerability of sport organizations framework," Sport Management Review, Elsevier, vol. 22(4), pages 452-463.
    14. David Atkinson, 2013. "Dynamic capabilities: implications for marketing strategy formulation and implementation," International Journal of Business Environment, Inderscience Enterprises Ltd, vol. 5(3), pages 252-267.
    15. Hamzah E. Alqudah & Mani Poshdar & Luqman Oyekunle Oyewobi & James Olabode Bamidele Rotimi & John Tookey, 2023. "Sustaining Construction Organisations in NZ: A Linear Regression Model Approach to Analysing Determinants of Their Performance," Sustainability, MDPI, vol. 15(5), pages 1-18, February.
    16. Linden, Erik, 2021. "Pandemics and environmental shocks: What aviation managers should learn from COVID-19 for long-term planning," Journal of Air Transport Management, Elsevier, vol. 90(C).
    17. Wang, Yi & Chen, Yang & Benitez-Amado, Jose, 2015. "How information technology influences environmental performance: Empirical evidence from China," International Journal of Information Management, Elsevier, vol. 35(2), pages 160-170.
    18. Verbeke, Alain & Kano, Liena & Yuan, Wenlong, 2016. "Inside the regional multinationals: A new value chain perspective on subsidiary capabilities," International Business Review, Elsevier, vol. 25(3), pages 785-793.
    19. Král, Pavel & Králová, Věra, 2016. "Approaches to changing organizational structure: The effect of drivers and communication," Journal of Business Research, Elsevier, vol. 69(11), pages 5169-5174.
    20. Johann Peter Murmann & Deepak Sardana, 2013. "Successful entrepreneurs minimize risk," Australian Journal of Management, Australian School of Business, vol. 38(1), pages 191-215, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:jknowl:v:12:y:2021:i:4:d:10.1007_s13132-020-00688-4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.