search query: @indexterm STRATEGIC PLANNING / total: 1972
reference: 34 / 1972
| Author: | Pillai, K. G. |
| Title: | Managers' perceptual errors revisited: the role of knowledge calibration |
| Journal: | British Journal of Management
2010 : JUN, VOL. 21:2 p. 299-312 |
| Index terms: | executives standards research strategic planning associations institutions strategy education |
| Language: | eng |
| Abstract: | This article investigates the antecedent role of miscalibration of knowledge in strategy planning. It is argued that miscalibrated managers who overestimate external factors and indicate a high level of confidence in their estimates are likely to execute strategies that are relatively more evolutionary and incremental, while miscalibrated managers who overestimate internal factors and indicate a high level of confidence in their estimates are likely to execute strategies that are relatively more discontinuous and disruptive. Perspectives from social cognitive theory support the underlying processes. |
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