Decision making: where is it all heading? strategic management

2018 ◽  
pp. 89-110
Author(s):  
Russell Gurbutt ◽  
Pat Donovan
Keyword(s):  
Decision Making ◽  
Strategic Management

Worker Directors and Worker Ownership/Cooperatives

2010 ◽  
Author(s):  
Raymond Markey ◽  
Nicola Balnave ◽  
Greg Patmore
Keyword(s):  
Decision Making ◽  
Strategic Management ◽  
Employee Participation ◽  
The Other ◽  
Organizational Decision Making ◽  
Public Companies ◽  
Management Level ◽  
Employee Representation ◽  
Worker Ownership

Employee participation in organizational decision making at the strategic management level is manifested in two main ways: first, employee representatives sitting alongside shareholder representatives on the boards of public companies and state-owned enterprises; and second, producer cooperatives in which the workers own the organization. Producer cooperatives are also likely to have extensive employee representation on their boards. However, the two forms of participation fundamentally differ. Employee representation on the boards of public companies and state-owned enterprises constitutes employee participation as employees, in common with the other forms of participation examined here. Producer cooperatives owned by the employees constitutes participation as owners. This article separately examines these two approaches to employee participation in organizational decision making at the strategic management level. It then analyses the incidence and effectiveness of each form of participation. The article concludes with general observations about the comparative viability and basis for each form.

Relationship between competitive strategy and construction organisation performance

2016 ◽  
Vol 54 (9) ◽  
pp. 2340-2366 ◽  
Author(s):  
Luqman Oyekunle Oyewobi ◽  
Abimbola Olukemi Windapo ◽  
James Olabode Bamidele Rotimi ◽  
Richard Ajayi Jimoh
Keyword(s):  
South Africa ◽  
Decision Making ◽  
Strategic Management ◽  
Competitive Strategy ◽  
Management Style ◽  
Research Approach ◽  
Organisational Performance ◽  
Content Type ◽  
The Relationship

Purpose The purpose of this paper is to examine the possible moderating role of organisational characteristics (organisational structure, management style and decision-making style) in the relationship between strategy and organisational performance among large construction organisations in South Africa. Design/methodology/approach The study adopted a quantitative research approach using a questionnaire survey to obtain data from 72 large construction organisations in South Africa. Using hierarchical multiple regression, the paper examines the relationship between the constructs discussed in the study. Findings The internal characteristics of the organisation form the vital basis for achieving optimal performance. The results obtained from the analysis revealed that decision-making style directly influences the measure of organisational effectiveness, while it could also be inferred that organisational characteristics partly moderate the relationship between competitive strategy and organisational performance. The findings indicate that internal characteristics is one of the means through which organisational strategic factors and contextual aspects are organised to achieve greater organisational performance levels. Originality/value The findings have theoretical implications for strategic management literature in construction as it extends the scope of research on strategic management from assessing a set of individual management practices to evaluating a complex mechanism that connects internal characteristics and competitive advantage. It is believed that this study will contribute positively to the role of organisational characteristics in the competitive strategy-performance relationships in large construction organisations in South Africa and to the ongoing discussion on emerging strategic management issues in construction.

scholarly journals Influence of portofolio management in decision-making

2018 ◽  
Vol 11 (3) ◽  
pp. 406
Author(s):  
Rolney Baptestone ◽  
Roque Rabechini
Keyword(s):  
Decision Making ◽  
Strategic Management ◽  
Portfolio Management ◽  
Single Case ◽  
Case Study Method ◽  
Financial Organization ◽  
The Subject ◽  
The Relationship ◽  
Practical Implications

This research aims to demonstrate how portfolio management influences the decision-making process in the projects of a financial organization. And to achieve this goal was used the single case study method. In order to reach this goal, the study began by means of bibliometric research on the subject of portfolio management and subsequent bibliographic research on the theme, decision making. Next, the relationships between portfolio management and decision making were studied. The results of the data collected confirmed the relationship between "the use of the project identification process in portfolio management to influence decision making" in order to add value to the business. It is also possible to demonstrate moderately that "the use of criteria for project selection influences the consequences of decision making", helping in the strategic management of the organization. One of the academic contributions was to note a migration of the portfolio management process, such as a tool that only controls the projects that will compose the portfolio of an organization, for a process that aims at a direct alignment with the strategic management of the organization. Regarding the practical implications, it was verified the importance of portfolio analysis for decision making, to the detriment of the evaluation of only one project. Taking into account the profitability and the return on investment of the projects, as the most important aspects for a decision making.

scholarly journals Technology of decision-making management by small enterprises to choose strategic alternatives

2020 ◽  
pp. 146-159
Author(s):  
Igor Sokurenko
Keyword(s):  
Decision Making ◽  
Strategic Management ◽  
Alternative Solution ◽  
Small Enterprise ◽  
Small Enterprises ◽  
Business Partner ◽  
Enterprise Growth ◽  
Business Partners ◽  
Potential Partner ◽  
Assessment Scales

The article considers the theoretical provisions and gives practical recommendations for strategic management decisions. The task of the research is to formalize the procedure for selecting a strategic alternative and determine a set of tools that correspond to the specifics of small business activity. The specific features of small enterprises, which are obstacles to the use of standard technologies of strategic management, are determined. The importance of choosing a strategic alternative according to the assessment of a potential partner at the stage of small enterprise growth has been proven. An expediency of formalizing decision-making to identify a potential partner using matrix methods is substantiated. To construct a matrix of potential business partners, assessment vectors were selected, the characteristics of each vector were established, and assessment scales were formed. Procedure for the formation of assessing scale the qualitative characteristics of business partners’ matrix with using the Klee method is proposed. A model of a potential business partner’s matrix is developed and description of its four fields is provided. The fields of matrix are highlighted on the basis of the development prospects of business partner and its reliability. The formalization of the strategic alternative solution for the choice of the business partner is proposed as a procedure of four consecutive stages. Formalization of the strategic alternative solution allows a small enterprise to choose a reliability business partner.

scholarly journals Transition Economy: Urbanization, the Processes of Creation and Accumulation of Property

Ekonomika ◽  
2005 ◽  
Vol 72 ◽  
Author(s):  
Borisas Melnikas
Keyword(s):  
Decision Making ◽  
Urban Development ◽  
Strategic Management ◽  
Transition Economy ◽  
Evaluation Criteria ◽  
Multicriteria Decision Making ◽  
Strategic Decision ◽  
General Context ◽  
Political Transformations ◽  
Transformation Processes

The urgent problems of urban development and the processes of property creation and accumulation in the context of economic, social, political transformations in the society are analyzed. The possibilities of multicriteria strategic decision-making are described. The following objects are analyzed: urban development under the conditions of transformations as the major research object in the area of strategic property management; cities and their development as an environment of property creation and accumulation; transformation processes as the general context of urban development and of the creation and accumulation of property; the major trends of the transformation processes in Central and Eastern Europe, their main criteria and indicators; the evaluation criteria used in the area of urban development and property strategic management in the conditions of transformation processes; multicriteria decision-making in the area of urban development and property strategic management.

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