Scanning the Business Environment and Detecting Weak Signals : Anticipation for Decision-Making

An increasing number of business executives, managers and political leaders are using the concept of "weak signals" nowadays. There are also an increasing number of people trying to find out exactly what this concept means, as well as when and how to use it. Such questions arise particularly when it comes down to making strategic decisions. To help with these questions, this book defines the concept of the "weak signal" and then demonstrates how it would be useful in relation to strategic decisions, and more precisely in relation to three moments of the strategic decision, i.e.: - The trigger of the strategic decision (what is the trigger, why and when) - The development of the strategic decision - The implementation of the strategic decision.

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Year of publication:	2014 ; 1st ed.
Authors:	Lesca, Humbert
Other Persons:	Lesca, Nicolas (contributor)
Publisher:	Somerset : John Wiley & Sons, Incorporated
Subject:	Strategisches Management \| Strategic management \| Entscheidung \| Decision \| Unternehmensplanung \| Corporate planning \| Theorie \| Theory \| Informationsverhalten \| Information behaviour

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Extent:	1 online resource (145 pages)
Series:	Focus Business, Management and Finance Series FOCUS Series
Type of publication:	Book / Working Paper
Language:	English
Notes:	Description based on publisher supplied metadata and other sources. Cover; Title Page; Copyright; Contents; Introduction; CHAPTER 1. THE SUBJECT WITHIN THE FIELD OF MANAGEMENTSCIENCE: CONCEPTS AND ISSUES; 1.1. Strategic management and strategic decision making; 1.2. Strategic decision-making and anticipatio; 1.2.1. Knowing and anticipating; 1.2.2. Anticipating and deciding; 1.2.3. Anticipating for effective decision-making; 1.2.4. Characteristics of a strategic decision; 1.3. Anticipation, anticipative information and weak signals; 1.3.1. Weak signals; 1.3.2. Characteristics of a weak signal; 1.3.3. Weak signals for anticipation 1.3.4. Where might we find a weak signal?1.3.5. Usefulness of weak signals in strategic decision making; 1.4. Weak signals and anticipative strategic scanning; 1.4.1. Anticipative strategic scanning and weak-signal detection; 1.4.2. The use of weak signals depends on managers' wishes; 1.5. Organizational issues in anticipative strategic scanning, which could weaken strategic decision making; 1.5.1. Definition of "targeting" of anticipative strategic scanning; 1.5.2. Insufficient information: too restrictive a target, and the consequences for strategic decision-making 1.5.3. Too much information: consequences of information overload for strategic decision-making1.5.4. Detecting a weak signal in an informationoverload situation (in a full text); 1.6. Conclusion: concepts discussed, issues noted and resulting requirements; CHAPTER 2. STATE OF THE ART: SYSTEMS SUGGESTED BYPREVIOUS AUTHORS; 2.1. Entry point: collective interpretation of a set of homogeneous weak signals to make sense; 2.1.1. Interpreting weak signals: sense-making; 2.1.2. How about sense-making using images, remotely?; 2.1.3. Puzzle method: example 2.2. Directly detecting a weak signal in a full text2.3. Automatically selecting a "useful" information fragment (a "brief", for our purposes); 2.3.1. Data overload versus "useful" information fragments; 2.3.2. Managers want automation of information detection; 2.3.3. Is it possible to automate the detection of potentially useful information?; 2.3.4. Prototype of a device to filter data obtained from Web 2.0: ABIMA; 2.4. Improving weak-signal detection by improving the target; 2.4.1. What should we scan for in the environment? 2.4.2. Learning about the boundary of the environment being scanned2.4.3. An automated technique to help change an organization's peripheral vision; 2.5. Conclusion; CHAPTER 3. PROPOSED SYSTEMS: RESULTS OF INFORMATIONSYSTEM PROTOTYPING RESEARCH CONDUCTED AT THECNRS-CERAG LAB (FRANCE); 3.1. TARGETBUILDER, an aid to targeting scanning priorities; 3.1.1. Usefulness; 3.1.2. Principle behind TARGETBUILDER system; 3.1.3. Recap on TARGETBUILDER; 3.2. APROXIMA, automated extraction of fragments (briefs), which may hold weak signals; 3.2.1. Usefulness; 3.2.2. Principle behind APROXIMA system 3.2.3. Case study: application to the topic of "solar/photovoltaic" power
ISBN:	978-1-118-95913-8 ; 978-1-84821-609-9
Source:	ECONIS - Online Catalogue of the ZBW

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