Toward a Cognitive Resource Theory of Organisational Strategizing
Advanced Institute of Management Research Paper No. 004
30 Pages Posted: 26 Nov 2008
Date Written: June 4, 2004
Abstract
We develop a new conceptual framework which seeks to account for variations in the quality of strategic information processing and decision-making among groups of executives and others involved in strategizing. Drawing on recent advances in our understanding of the nature and significance of individual differences in information processing strategies and styles we maintain that analytic and intuitive approaches to the processing of strategic information are both required as fundamental prerequisites for decision-making units - irrespective of whether these be individuals or groups - to strategize effectively. A central feature of our paper is that we identify practical courses of action for the selection and development of more effective strategy-making teams.
Suggested Citation: Suggested Citation
Do you want regular updates from SSRN on Twitter?
Recommended Papers
-
Competitive Groups as Cognitive Communities: The Case of Scottish Knitwear Manufacturers Revisited
By Joseph F. Porac, Howard Thomas, ...
-
How Do Value Creation and Competition Determine Whether a Firm Appropriates Value?
By Glenn Macdonald and Michael D. Ryall
-
Research in Cognition and Strategy: Reflections on Two Decades of Progress and a Look to the Future
By Sarah Kaplan
-
Research in Cognition and Strategy: Reflections on Two Decades of Progress and a Look to the Future
By Sarah Kaplan
-
Does Ambiguity Promote Imitation, or Hinder it? An Empirical Study of Benchmarking Teams
By David Strang and Mary C Still
-
Costly Information in Firm Transformation, Exit, or Persistent Failure
By Lynne G. Zucker and Michael R. Darby
-
The Failure of the Sport7 Tv-Channel: Controversies in a Business Network
By Harry Sminia
-
Causal Ambiguity, Operating Complexity and Strong Capability-Based Advantages
-
A Demand Based View of Sustainable Competitive Advantage
By Ron Adner and Peter B. Zemsky
-
Clusters and Rivalry: Does Localization Really Matter?
By Cristina Boari, Vincenza Odorici, ...