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Author: | Rahman, N. Feis, G.L. De |
Title: | Strategic decision-making: models and methods in the face of complexity and time pressure |
Journal: | Journal of General Management
2009 : WINTER, VOL. 35:2 p. 43-60 |
Index terms: | decision analysis matrix analysis complexity time management |
Language: | eng |
Abstract: | The purpose of this article is to organize decision-making models and methods into coherent matrix, using complexity (high to low) and time pressure (high to low) dimensions as relevant axes. Eight case vignettes are used to demonstrate the fit of four decision-making models and four decision-making methods within high-low complexity and high-low time pressure. The appropriate model or method would change when the characteristics of the environment change. This way decision-making models and methods can be systematically evaluated with the proposed framework. |
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