IDEAS home Printed from https://ideas.repec.org/a/vrs/ngooec/v63y2017i4p66-75n6.html
   My bibliography  Save this article

Dimensions of Decision-Making Process Quality and Company Performance: A Study of Top Managers in Slovenia

Author

Listed:
  • Grušovnik Damjan

    (Mariborska cesta 65, Ptuj, Slovenia)

  • Kavkler Alenka

    (University of Maribor, Faculty of Economics and Business, Slovenia)

  • Uršič Duško

    (University of Maribor, Faculty of Economics and Business, Slovenia)

Abstract

This paper investigates the relationship between the dimensions of the decisionmaking process quality and company performance of top managers’ in Slovenia. We found out that companies whose managers exhibit an above-average dimension of openness of spirit in the quality of the decision making process, on average, have a higher stance on foreign markets as companies in which managers show a below-average open spirit. For the managers who work in companies that are present in foreign markets, we could confirm that there is a low/weak correlation between the dimension of effort of the decision-making process quality and the number of employees in a company.

Suggested Citation

  • Grušovnik Damjan & Kavkler Alenka & Uršič Duško, 2017. "Dimensions of Decision-Making Process Quality and Company Performance: A Study of Top Managers in Slovenia," Naše gospodarstvo/Our economy, Sciendo, vol. 63(4), pages 66-75, December.
    • Handle: RePEc:vrs:ngooec:v:63:y:2017:i:4:p:66-75:n:6
    DOI: 10.1515/ngoe-2017-0024
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/ngoe-2017-0024
    Download Restriction: no
    File URL: https://libkey.io/10.1515/ngoe-2017-0024?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
    ---><---

    References listed on IDEAS

    as
    1. Laure Cabantous & Jean-Pascal Gond, 2011. "Rational Decision Making as Performative Praxis: Explaining Rationality's Éternel Retour," Organization Science, INFORMS, vol. 22(3), pages 573-586, June.
    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. Guiette, Alain & Vandenbempt, Koen, 2017. "Change managerialism and micro-processes of sensemaking during change implementation," Scandinavian Journal of Management, Elsevier, vol. 33(2), pages 65-81.
    2. Michael Grothe-Hammer & Héloïse Berkowitz & Olivier Berthod, 2022. "Decisional organization theory: towards an integrated framework of organization," Post-Print hal-03699112, HAL.
    3. Franck Aggeri, 2017. "How can performativity contribute to management and organization research? Theoretical perspectives and analytical framework [Qu'est-ce que la performativité peut apporter aux recherches en managem," Post-Print hal-01609172, HAL.
    4. Hélène Rainelli & Hélène Rainelli-Weiss, 2019. "Recherche en finance : quand la performativité invite à la réflexivité," Post-Print halshs-02025011, HAL.
    5. Oliver Laasch & Dirk C. Moosmayer & Frithjof Arp, 2020. "Responsible Practices in the Wild: An Actor-Network Perspective on Mobile Apps in Learning as Translation(s)," Journal of Business Ethics, Springer, vol. 161(2), pages 253-277, January.
    6. Mustafa Kavas & Paula Jarzabkowski & Amit Nigam, 2020. "Islamic Family Business: The Constitutive Role of Religion in Business," Journal of Business Ethics, Springer, vol. 163(4), pages 689-700, May.
    7. Paula Jarzabkowski & Sarah Kaplan, 2015. "Strategy tools-in-use: A framework for understanding “technologies of rationality” in practice," Strategic Management Journal, Wiley Blackwell, vol. 36(4), pages 537-558, April.
    8. Claude Gilbert & Benoît Journé & Hervé Laroche & Corinne Bieder, 2018. "Safety Cultures, Safety Models: Taking Stock and Moving Forward," Post-Print hal-02070792, HAL.
    9. Marie LEMAIRE, 2018. ""It's a Bible!" Unexpected use, misuse and non-use of CSR standards among "activist" workers," Working Papers of LaRGE Research Center 2018-08, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg.
    10. Vitaly L. Tambovtsev, 2021. "Targeted programs in the Russian Federation as a matter for evaluation," Upravlenets, Ural State University of Economics, vol. 12(2), pages 46-62, April.
    11. Natalia García-Carbonell & Fernando Martín-Alcázar & Gonzalo Sánchez-Gardey, 2021. "Facing crisis periods: a proposal for an integrative model of environmental scanning and strategic issue diagnosis," Review of Managerial Science, Springer, vol. 15(8), pages 2351-2376, November.
    12. Lane, David C. & Rouwette, Etiënne A.J.A., 2023. "Towards a behavioural system dynamics: Exploring its scope and delineating its promise," European Journal of Operational Research, Elsevier, vol. 306(2), pages 777-794.
    13. Marion Varlet & Florence Allard-Poesi, 2015. "Les Conditions de Performativité du Discours Stratégique Analyses et apports d'Austin, Searle, Butler et Callon," Post-Print hal-01490627, HAL.
    14. Sebastian Kruse & David Bendig & Malte Brettel, 2023. "How Does CEO Decision Style Influence Firm Performance? The Mediating Role of Speed and Innovativeness in New Product Development," Journal of Management Studies, Wiley Blackwell, vol. 60(5), pages 1205-1235, July.
    15. Orlikowski, Wanda J. & Scott, Susan V., 2023. "The digital undertow and institutional displacement: a sociomaterial approach," LSE Research Online Documents on Economics 119271, London School of Economics and Political Science, LSE Library.
    16. Arkadiusz J. Derkacz & Agnieszka Dudziak & Monika Stoma, 2021. "General Concept of Business Process Measures in the Circular Economy," Sustainability, MDPI, vol. 13(22), pages 1-14, November.
    17. Nora Meziani & Laure Cabantous, 2020. "Acting Intuition into Sense: How Film Crews Make Sense with Embodied Ways of Knowing," Journal of Management Studies, Wiley Blackwell, vol. 57(7), pages 1384-1419, November.
    18. Bowman, Gary & Parks, Ryan W., 2024. "Between episodes of strategy: Sociomateriality, sensemaking, and dysfunction in a scenario planning process," Journal of Business Research, Elsevier, vol. 179(C).
    19. Mikko Vesa & Frank den Hond & J. Tuomas Harviainen, 2019. "On the Possibility of a Paratelic Initiation of Organizational Wrongdoing," Journal of Business Ethics, Springer, vol. 160(1), pages 1-15, November.
    20. Lin, Nidthida & Wilden, Ralf & Chirico, Francesco & Ghasrodashti, Elahe & DeTienne, Dawn R., 2022. "Persist or let it go: Do rational entrepreneurs make decisions rationally?," Journal of Business Venturing, Elsevier, vol. 37(4).

    More about this item

    Keywords

    quality of the decision-making process; rationality; motivation; participation; exhaustivity of the information; managers effort; creativity and innovativeness; company stakeholders; company performance;
    All these keywords.

    JEL classification:

    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

    Statistics

    Access and download statistics

    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:vrs:ngooec:v:63:y:2017:i:4:p:66-75:n:6. 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: Peter Golla (email available below). General contact details of provider: https://www.sciendo.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.