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Author: | Hensman, A. Sadler-Smith, E. |
Title: | Intuitive decision making in banking and finance |
Journal: | European Management Journal
2011 : FEB, VOL 29:1 p. 51-66 |
Index terms: | decision making finance banking leadership executives |
Freeterms: | intuition |
Language: | eng |
Abstract: | In this paper the phenomenon of intuitive decision making in the banking and finance sector is examined. The research bases on interviews with experienced executives in a FTSE-100 bank. Participants' reliance on intuition was related not only to the nature of the task and individual factors, but also organizational contextual factors. Based on our findings we offer a conceptual framework, an a typology of intuitive and contextual "signalling" which provide bases for practical recommendations and potential directions for future inquiry into this vital aspect of managerial cognition and decision making behaviour. |
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