Strategic Problem Formulation: Biases and Assumptions Embedded in Alternative Decision-Making Models

Publication Type

Journal Article

Publication Date

1988

Abstract

This article reviews the major theoretical approaches to strategic decision-making and identifies how each treats the process of problem formulation. Five models of strategic decision-making are analysed to determine the assumptions and biases made about strategic problem formulation. Successful strategic problem formulation is described and proposed as a beginning point for future research. Some constructs for further theory development are addressed.

Discipline

Business Administration, Management, and Operations

Research Areas

Strategy and Organisation

Publication

Journal of Management Studies

Volume

25

Issue

2

First Page

131

Last Page

145

ISSN

0022-2380

Identifier

10.1111/j.1467-6486.1988.tb00028.x

Publisher

Wiley

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