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Books > Business & Economics > Business & management > Management & management techniques > Management decision making
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Uncertainty and Strategic Decision Making (Hardcover)
Loot Price: R3,901
Discovery Miles 39 010
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Uncertainty and Strategic Decision Making (Hardcover)
Series: New Horizons in Managerial and Organizational Cognition
Expected to ship within 12 - 19 working days
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The study of management and organization has transitioned from
approaches to deal with steady state management, to approaches that
can cope with unknown or unknowable futures. The strategy field has
has moved from business policy, through strategic planning, onto
strategic management and now grapples with dynamic contexts as the
new normal. In that trend the field has seen a broad movement in
research interests in corporate and competitive strategies towards
an emphasis on the manager's strategic role. Through this shift,
strategy has moved from a concept of something organizations have
towards something that managers do. This has happened while
traditional boundaries of industries have become permeable and even
melted away. Managers tasked with doing strategy have lost not just
the certainty of a goal-oriented future, but also the certainty of
understanding their current position. Decision-making tools have
now moved from answer generators to scenario builders. When
decisions can rely less on evidence and certainty, it is managers
that take up the slack and fill the void. This book focuses on the
challenge of making strategic decisions in conditions of
uncertainty.
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