A strategic management process: the role of decision-making style and organisational performance

Purpose The purpose of this paper is to present a conceptual framework for integrating strategic thinking factors, organisational performance and the decision-making process. Design/methodology/approach The methodology involves a synthesis of literature and proposes a framework that explores the rel...

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Bibliographic Details
Published inJournal of Work-Applied Management Vol. 15; no. 1; pp. 37 - 50
Main Authors Sinnaiah, Tamilarasu, Adam, Sabrinah, Mahadi, Batiah
Format Journal Article
LanguageEnglish
Published Bingley Emerald Group Publishing Limited 24.04.2023
Emerald Publishing
Subjects
Competition
Competitive advantage
Decision making
Hypotheses
Intuitive decision-making
Managers
Objectives
Organisational performance
Rational decision-making
Strategic management
Strategic planning
Strategic thinking process
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Summary:Purpose The purpose of this paper is to present a conceptual framework for integrating strategic thinking factors, organisational performance and the decision-making process. Design/methodology/approach The methodology involves a synthesis of literature and proposes a framework that explores the relationship between strategic thinking enabling factors, organisational performance and the moderating effect of decision-making styles. Findings The framework includes strategic thinking enabling factors (systems perspective, focused intent, intelligent opportunism, thinking in time and hypothesis-driven analysis), organisational performance and the moderating effect of decision-making styles (intuitive and rational). Research limitations/implications This research results in a conceptual model only; it remains to be tested in actual practice. The expanded conceptual framework can serve as a basis for future empirical research and provide insights to practitioners into how to strengthen policy development in a strategic planning process. Originality/value A paradigm shift in the literature proves that strategic management and decision-making styles are vital in determining organisational performance. This paper highlights the importance of decision-making styles and develops a framework for strategic management by analysing the existing strategic management literature.
ISSN:2205-2062
2205-149X
DOI:10.1108/JWAM-10-2022-0074