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| Author: | Krings, A. |
| Title: | Betriebliche Entscheidungen bei unvollkommener Voraussicht. Eine Anwendung auf die Personalpolitik |
| Journal: | Zeitschrift für Betriebswirtschaft
1997 : ERGÄNZUNGSHEFT 3/97, p. 31-54 |
| Index terms: | HUMAN RESOURCE MANAGEMENT DECISION MAKING ENVIRONMENTAL ECONOMICS |
| Language: | ger |
| Abstract: | Empirical findings reveal a widespread lack of human resource planning. Apparently, corporate agents make their decisions independently of changing environmental conditions This is hard to explain for economists: Such rigidity result in foregone potential improvements of corporate performance. The present paper argues that rigid behaviour can be advan- tageous. When corporate agents act under conditions of high uncertainty the drawback of foregone performance improve- ments is more than offset by a higher reliability of entre- preneurial outcomes. Rigid behaviour reduces the probability of losses that are incurred from wrong decisions. |
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