Pledging for New Conceptual Perspectives in Decision-Making Process
This paper works is a pledge for inclusion of alternative conceptual perspectives in decision making theory and practice. Actual decision science tools and leadership style do have applicability. However, their relevance and applicability are very much subjugated by the complexity, uncertainty and near unknowability of the decision-making context. New conceptual perspectives are required. We highlights the relevance of complex, chaotic environments and asymmetric information to decision processes. It is necessary to adopt new theoretical approaches and to help practitioners understand the reasons for decision failures.
Volume (Year): 4 (2006)
Issue (Month): 1 (November)
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- Mitroff, Ian I. & Linstone, Harold A., 1993. "The unbounded mind: Breaking the chains of traditional business thinking," Business Horizons, Elsevier, vol. 36(5), pages 88-89.
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