An empirical study on the influencing factors of effectiveness of strategic decision-making and its relation with performance improvement: Evidence from China

Author

Hu, Bei ; Gu, Jiajun

Author_Institution

Huazhong Univ. of Sci. & Technol., Wuhan

fYear

2007

fDate

2-4 Dec. 2007

Firstpage

487

Lastpage

491

Abstract

Strategic decision-making has long been a topic of great interest in both organization theory and strategic management. This article explores the strategic decision-making. It is organized around two research questions: (1) what are the factors influencing the strategic decisions to make? And (2) Does strategic decision-making link to performance? The research proves that procedural rationality, intuition will be positively related to strategic decision making effectiveness, and while TMT conflict has the contrary effect. It also finds strategic decision making effectiveness will be positively related to performance improvement. But the hypothesis that environmental factors will be positively related to strategic decision making effectiveness does not been verified.

Keywords

decision making; management; organisational aspects; China; influencing factors; organization theory; procedural rationality; strategic decision-making; strategic management; Decision making; Environmental factors; Ground support; Microcomputers; Prototypes; Strategic planning; Technology management; Testing; Veins; Performance improvement; Strategic decision making effectiveness; TMT conflict;

fLanguage

English

Publisher

ieee

Conference_Titel

Industrial Engineering and Engineering Management, 2007 IEEE International Conference on

Conference_Location

Singapore

Print_ISBN

978-1-4244-1529-8

Electronic_ISBN

978-1-4244-1529-8

Type

conf

DOI

10.1109/IEEM.2007.4419237

Filename

4419237