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| Author: | Siggelkow, N. |
| Title: | Firms as systems of interdependent choices |
| Journal: | Journal of Management Studies
2011 : JUL, VOL. 48:5, p. 1126-1140 |
| Index terms: | companies management decision making systems analysis research |
| Language: | eng |
| Abstract: | Managers need to make choices along a large number of dimensions. Due to the choices interactions with each other, firms can be seen as systems of interdependent choices. This article discusses research addressing three naturally arising questions: 1. How do such systems evolve over time? 2. What role does organizational design play in whether a firm will arrive at a consistent and high-performing set of choices? 3. What are the consequences of cognitive limitations by decision makers when faced with such complex systems? |
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