Abstract
This paper draws upon three broad perspectives on the strategic decision-making process in order to develop a more completely specified model of strategic decision effectiveness in a different context, namely Egypt. The key variables in this model consist of three strategic decision-making process dimensions (rationality, intuition, and political behavior); seven moderating variables concerning decision-specific, environmental, and organizational factors; and strategic decision effectiveness as an outcome variable. A two-stage study was conducted in which the first stage provided exploratory insights and the second stage investigated hypotheses on the impact of strategic decision-making process dimensions on strategic decision effectiveness and the moderating role of broader contextual variables. The second-stage study produced three major findings: (1) both rational and political processes appear to have more influence on strategic decision effectiveness than does intuition; (2) strategic decision effectiveness is both process- and context-specific; and (3) certain results support the 'culture-free' argument, while others support the 'culture-specific' argument.
Original language | English |
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Pages (from-to) | 431-453 |
Number of pages | 23 |
Journal | Strategic Management Journal |
Volume | 28 |
Issue number | 4 |
DOIs | |
Publication status | Published - Apr 2007 |
Keywords
- Contextual variables
- Decision effectiveness
- Intuition
- Political behavior
- Rationality
- Strategic decision
ASJC Scopus subject areas
- Business and International Management
- Strategy and Management