A paradigm for strategic decision success

Abstract

Conceptualizes a paradigm for strategic decision success that is based on a formal, managerial decision‐making process, advanced as part of a set of managerial attitudes towards the process and towards the decision itself. The resultant typology of strategic decisions is related to four sets of real‐world applications to validate the paradigm and to confirm the hypothesis that a formal managerial decision‐making process is conducive to strategic decision success. Concludes that an attainable objective set in an open, decision‐making process and pursued through a judgemental process in quest of a satisficing outcome is more likely to succeed.

Citation

Harrison, E.F. and Pelletier, M.A. (1995), "A paradigm for strategic decision success", Management Decision, Vol. 33 No. 7, pp. 53-59. https://doi.org/10.1108/00251749510090593