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Strategic Decisions: Theoretical Foundations of Organizational Decision-Making

  • Ilaria Galavotti
Chapter

Abstract

This chapter provides an overview of strategic decision-making and examines those perspectives that have laid the foundations for the development of our understanding of organizational decision-making processes and the role of the human agent. The excursus along the evolutionary path of thinking on the topic of organizational decision-making converges in the examination of the conceptual evolution of the decision-making actor and of its rationality. Subsequently, the focus moves to the procedural dimension of strategic decision-making, where the strategic decision-making process is disentangled into its constituent phases and their relevant supporting routines. Finally, this chapter recalls the symbolic function of the information system and introduces the role of experience and learning processes as an intervening force that has challenged the existence of a clear and direct link between information and decisions.

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Ilaria Galavotti
    • 1
  1. 1.Università Cattolica del Sacro CuorePiacenzaItaly

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