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Author:Lyles, M. A.
Thomas, H.
Title:Strategic problem formulation : biases and assumptions embedded in alternative decision-making models.
Journal:Journal of Management Studies
1988 : MAR, VOL. 25:2, p. 131-145
Index terms:DECISION MAKING
DECISION MODELS
STRATEGIC MANAGEMENT
PROBLEM FORMULATION
Language:eng
Abstract:Strategic decision-making is regarded as a process involving a match between managerial perception about the problem and the evidence about the problem which emerges from more concrete analytical and formal modelling processes such as environmental analysis, industry analysis and so forth. Strategic problem formulation must also weigh evidence drawn from analytic frameworks alongside the viewpoints emerging from behavioral, social , political and organizational processes in reaching and appropriate problem formulation. Strategic problem formulation (which determines strategic choice) must involve the balancing of these alternative problem viewpoints and perspectives.
SCIMA record nr: 59456
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