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In general, effective strategic decisions are associated with a step-by-step analysis of information. However, such recommendations are detached from the realities decision makers are faced with, i.e uncertainty of a decision problem, abundance of information from various sources, as well as political behavior and personal idiosyncracies in the decision making process. Wolfgang Gänswein examines the interaction of these factors by using a broad sample of 230 decisions in a broad range of industries. The results show decision effectiveness is not only affected by uncertainty in a company's environment but also and even more significantly by the information processing preferences of a single decision maker.
List of contents
Aus dem Inhalt:
Definition of Research Variables; Theoretical Premises; Sample Characteristics; Results of Direct Effect and Moderating Effects Models
About the author
Wolfgang Gänswein wrote this dissertation under Prof. Malte Brettel’s supervision at the WIN chair of the RWTH Aachen.
Summary
In general, effective strategic decisions are associated with a step-by-step analysis of information. However, such recommendations are detached from the realities decision makers are faced with, i.e uncertainty of a decision problem, abundance of information from various sources, as well as political behavior and personal idiosyncracies in the decision making process. Wolfgang Gänswein examines the interaction of these factors by using a broad sample of 230 decisions in a broad range of industries. The results show decision effectiveness is not only affected by uncertainty in a company’s environment but also and even more significantly by the information processing preferences of a single decision maker.
