Strategic Decision Making: Process & Tools
Keywords:
Strategic, Decision-making, Organizational grouping, Strategic Decision making characteristics, ToolsAbstract
The purpose of this article is to provide an overview of how strategic decision-making has changed through time in companies and to make a recommendation for a more holistic approach. It is the goal of this study to contribute to literature on strategy formulation procedures. Inquiries into the precise process aspects of strategy generation are explored in this paper. Additional studies of characteristics of good strategic decision making , grouping of organization as per the different information and the role of information is thoroughly reviewed.
References
[1] Alhawamdeh, H. M., & Alsmairat, M. A. K. (2019). Strategic Decision Making and Organization Performance: a Literature Review. International Review of Management and Marketing, 9(4), 95-99. https://doi.org/10.32479/irmm.8161
[2] Ghodeswar, A., Sonawane, S., & Chavan, S. (2015). A Review of Strategic Decision Making Tools: Towards an Efficient Enterprise Content Management System. Ijarcce, February 2017, 58-66. https://doi.org/10.17148/IJARCCE.2015.4314
[3] Hashem, A. (2018). the Effect of Strategic Decision Making Tools on Rationality of Decision Making Process. International Journal of Business Strategy, 18(1), 11-28. https://doi.org/10.18374/IJBS-18-1.2
[4] Janczak, S. (2005). The strategic decision-making process in organizations. Problems and Perspectives in Management, 3(3), 58-70.
[5] Journal, I., Strategy, B., & Rasc, J. (2021). Open Access The Strategic Decision Making and Sources of Information José Rascão. February.
[6] Mador, M. (2000). Strategic Decision Making Process Research: Are Entrepreneur and Owner Managed Firms Different? Journal of Research in Marketing and Entrepreneurship, 2(3), 215-234. https://doi.org/10.1108/14715200080001547
[7] Olarewaju, A. A. (2012). Strategic decision making: A review of literature. International Business Management, 6(4), 552-557. https://doi.org/10.3923/ibm.2012.552.557
[8] Rahman, N., & De Feis, G. L. (2009). Strategic decision-making: Models and methods in the face of complexity and time pressure. Journal of General Management, 35(4), 43-59.https://doi.org/10.1177/030630700903500204
[9] Steptoe-Warren, G., Howat, D., & Hume, I. (2011). Strategic thinking and decision making: literature review. Journal of Strategy and Management, 4(3), 238-250. https://doi.org/10.1108/17554251111152261
[10] Stewart, D., & Ijomah, W. (2011). Moving forward in Reverse: A review into strategic decision making in Reverse Logistics. International Conference on Remanufacturing.
[11] Talanker, S. (2016). Problem-solving is Decision-making. November.
