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Managers are facing unprecedented complexity, volatility, and ambiguity, quickly adapting their decision-making, leadership, vision, and strategies. Megatrends and forces of change have profound implications for business models, processes, and organizational structures, calling into question current paradigms and designing future change. Additionally, unprecedented disruptions, unforecastable in their nature, have increased the need for resilience and strategic flexibility.
The book aims at tackling the potential interrelations among environmental transformations, strategic decisions, and leadership to better understand the role of external and internal factors on the effectiveness of managers.
The book defines "change": its extent, nature, and characteristics. Then, it focuses on decision-making, the role of potential cognitive biases, and how the interaction with the perception of determined environmental events affects the way in which decision-makers decide to implement specific strategies. Finally, in the light of waves of strategic change, it reviews theories on leadership and transformation by looking at the role and traits of leaders.
Since environmental transformations have the potential to "disrupt" not only strategies but also decision-making processes and leadership, the book provides a review on the issue and propose an integrative framework which can be useful for both scholars and managers, especially in the fields of decision-making and strategy.
List of contents
Chapter 1. Leadership and decision-making in times of change: An introduction Chapter 2. The Facets of Change and Organizational Responses to It Chapter 3. Navigating Transformation: Decision-Making and Cognitive Biases in Dynamic Environments Chapter 4. Leadership and Transformation Chapter 5. Leadership and decision-making: concluding remarks
About the author
Paolo Boccardelli is a Full Professor of Management and Corporate Strategy at Libera Università Internazionale degli Studi Sociali University since 2004. He was Dean of the Luiss Business School from 2015 to May 2022. He is Director of the Research Center in Strategic Change “Franco Fontana”at Luiss University and Codirector of the Board Academy Program at Luiss Business School. His main areas of expertise are strategy and strategic planning, organization, and innovation.
Federica Brunetta is an Associate Professor of Management and Vice-Director of the Research Center in Strategic Change “Franco Fontana” at Luiss University. She is the Head of Executive Masters at Luiss Business School. Her main areas of expertise are strategic management, strategy in highly regulated industries, digital transformation, and strategic change.
Summary
The book aims at tackling the potential interrelations among environmental transformations, strategic decisions, and leadership, to better understand the role of external and internal factors on the effectiveness of managers.
