DYNAMIC DECISION MAKING: A MODEL OF SENIOR LEADERS MANAGING STRATEGIC PARADOXES

Senior leaders increasingly embed paradoxes into their organization's strategy, but struggle to manage them effectively. To better understand how they do so, I compared in-depth qualitative data from six top management teams exploring and exploiting simultaneously. The results informed a model...

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Veröffentlicht in:Academy of Management journal 2014-12, Vol.57 (6), p.1592-1623
1. Verfasser: SMITH, WENDY K.
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description Senior leaders increasingly embed paradoxes into their organization's strategy, but struggle to manage them effectively. To better understand how they do so, I compared in-depth qualitative data from six top management teams exploring and exploiting simultaneously. The results informed a model of dynamic decision making in which strategic paradoxes can be effectively engaged. The details of this dynamic decisionmaking model extend and complicate our understanding of managing paradoxes by depicting dilemmas and paradoxes as interwoven, explicating a consistently inconsistent pattern of addressing tensions, and framing both differentiating and integrating practices as necessary for engaging paradox.
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source EBSCOhost Business Source Complete; JSTOR Archive Collection A-Z Listing
subjects Business innovation
Business management
Computer services
Computer software
Corporate officers
Corporate strategies
Decision making
Decision making models
Executives
Framing
Industrial market
Leaders
Leadership
Management
Paradoxes
Planning methods
Product design
Product innovation
Product management
Qualitative analysis
Strategic management
Studies
title DYNAMIC DECISION MAKING: A MODEL OF SENIOR LEADERS MANAGING STRATEGIC PARADOXES
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