search query: @author Jauch, L. R. / total: 6
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Author:Jauch, L. R.
Kraft, K. L.
Title:Strategic management of uncertainty.
Journal:Academy of Management Review
1986 : OCT, VOL. 11:4, p. 777-790
Index terms:STRATEGIC MANAGEMENT
UNCERTAINTY
BUSINESS ENVIRONMENT
DECISION MAKING
ORGANIZATIONAL PERFORMANCE
Language:eng
Abstract:A strategic view of environmental uncertainty for profit-oriented organizations is presented.Environmental uncertainty is an important variable in the explanation of organizational equilibrium and performance. But managers' decisions and the performance of their organizations influence the environment with creating greater uncertainty for competitors,thereby enhancing own competitive position. Such actions,while potentially increasing uncertainty for itself as well,can be seen as attempts to improve performance, even at the cost of a reduction in equilibrium for the organization.
SCIMA record nr: 51838
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