"This contributed volume provides the knowledge portfolio for the Strategic Management field. Strategic Management has experienced significant growth as a research discipline and builds on strong theoretical and empirical research to provide valuable knowledge for managerial practice. The book...

ch. 1. Managerial decision making and strategic management -- ch. 2. Competitive advantage -- ch. 3. Managers and strategic decision making in business firms -- ch. 4. Frameworks for the analysis of industry environments -- ch. 5. A dynamic model of industry structuring -- ch. 6. Business...

“Statistical decision theory is a theory of decision‐making, i.e., of selecting among alternatives. It is not a theory of problem solving, i.e., of finding the cause of a particular set of symptoms. Thus, if the problem or opportunity is defined poorly even the best analysis thereafter will...

This study examines the effects of a number of perceptual variables on internal auditors' reporting of wrongdoing by employees and managers in their organizations. Survey responses of 653 Directors of Internal Auditing who observed what they perceived to be incidents of wrongdoing show that they...

Though past research has shown that conflict may improve organizational decision making, business executives may have very different perceptions of the effects of conflict than executives of not-for-profit organizations. This exploratory study deals with executives' descriptions of the effects...

The Dialectical Inquiry System (DIS) and the Devil's Advocate (DA) have been recommended as strategic decision-making aids and as improvements on the traditional expert (E) approach in which strategic decisions are based on preliminary analyses and proposals by staff experts. Previous research...

Why do people so often make bad investment decisions – when it should have been clear from the beginning the decisions would turn sour? Using the John DeLorean case as an example, this article explores some of the natural human tendencies that adversely affect the quality of decision making....