IDEAS home Printed from https://ideas.repec.org/a/gam/jadmsc/v13y2023i3p80-d1091780.html
   My bibliography  Save this article

Business Decision-Making and Complex Thinking: A Bibliometric Study

Author

Listed:
  • Ernesto Armando Pacheco-Velázquez

    (Institute for the Future of Education, Tecnologico de Monterrey, Monterrey 38115, Mexico)

  • José Carlos Vázquez-Parra

    (Institute for the Future of Education, Tecnologico de Monterrey, Monterrey 38115, Mexico)

  • Marco Cruz-Sandoval

    (Institute for the Future of Education, Tecnologico de Monterrey, Monterrey 38115, Mexico)

  • David Ernesto Salinas-Navarro

    (Aston Business School, Aston University, Birmingham B4 7ET, UK)

  • Martina Carlos-Arroyo

    (Institute for the Future of Education, Tecnologico de Monterrey, Monterrey 38115, Mexico)

Abstract

Complex thinking is an important tool for effective decision-making, as it helps people to better understand uncertain situations by considering the multiple variables and relationships involved in a situation, thus being able to identify patterns and connections that would not otherwise be evident. This article presents the results of a bibliometric study to identify academic publications that consider the correlation between decision-making in the business area and complex thinking competency and its sub-competencies. The intention was to have a theoretical horizon that provides a complete overview of the current academic situation regarding the correlation of both professional skills to identify areas of opportunity for new studies. Methodologically, we conducted a literature review using Scopus and Web of Science databases under the PRISMA (Preferred Reporting Items for Systematic reviews and Meta-Analyses) protocol from which a sample of 339 articles related to both topics was obtained. R, Rstudio, and Bibliometrix were used for the quantitative analysis of the data. The results showed an academic tendency to associate decision-making in business with critical thinking, paying little attention to the other sub-competencies of complex thinking. Furthermore, we found a concentration of research in specific universities and countries, repeating a tendency to study only a few sub-competencies. Overall, this work sheds light on the broad opportunity to link the complex thinking macro-competency with decision-making in business, to provide more extraordinary skills and tools to future professionals.

Suggested Citation

  • Ernesto Armando Pacheco-Velázquez & José Carlos Vázquez-Parra & Marco Cruz-Sandoval & David Ernesto Salinas-Navarro & Martina Carlos-Arroyo, 2023. "Business Decision-Making and Complex Thinking: A Bibliometric Study," Administrative Sciences, MDPI, vol. 13(3), pages 1-17, March.
    • Handle: RePEc:gam:jadmsc:v:13:y:2023:i:3:p:80-:d:1091780
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2076-3387/13/3/80/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2076-3387/13/3/80/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Becker, Kai Helge, 2016. "An outlook on behavioural OR – Three tasks, three pitfalls, one definition," European Journal of Operational Research, Elsevier, vol. 249(3), pages 806-815.
    2. Ali Orhan, 2022. "Critical thinking dispositions and decision making as predictors of high school students’ perceived problem solving skills," The Journal of Educational Research, Taylor & Francis Journals, vol. 115(4), pages 235-245, October.
    3. Siebert, Johannes & Kunz, Reinhard, 2016. "Developing and validating the multidimensional proactive decision-making scale," European Journal of Operational Research, Elsevier, vol. 249(3), pages 864-877.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ángel Gutiérrez-Iñiguez & Jesús Collado-Agudo & Josep Rialp-Criado, 2023. "The Role of Managers in Corporate Change Management: A Bibliometric Review," Sustainability, MDPI, vol. 15(14), pages 1-15, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Siebert, Johannes Ulrich & Kunz, Reinhard E. & Rolf, Philipp, 2021. "Effects of decision training on individuals’ decision-making proactivity," European Journal of Operational Research, Elsevier, vol. 294(1), pages 264-282.
    2. Francis Marleau Donais & Irène Abi-Zeid & E. Owen D. Waygood & Roxane Lavoie, 2021. "A Framework for Post-Project Evaluation of Multicriteria Decision Aiding Processes from the Stakeholders’ Perspective: Design and Application," Group Decision and Negotiation, Springer, vol. 30(5), pages 1161-1191, October.
    3. Gallice, Andrea, 2017. "An approximate solution to rent-seeking contests with private information," European Journal of Operational Research, Elsevier, vol. 256(2), pages 673-684.
    4. Osório, António, 2017. "Self-interest and equity concerns: A behavioural allocation rule for operational problems," European Journal of Operational Research, Elsevier, vol. 261(1), pages 205-213.
    5. Strohhecker, Jürgen & Leyer, Michael, 2019. "How stock-flow failure and general cognitive ability impact performance in operational dynamic control tasks," European Journal of Operational Research, Elsevier, vol. 276(3), pages 1044-1055.
    6. Korhonen, Pekka J. & Malo, Pekka & Pajala, Tommi & Ravaja, Niklas & Somervuori, Outi & Wallenius, Jyrki, 2018. "Context matters: The impact of product type, emotional attachment and information overload on choice quality," European Journal of Operational Research, Elsevier, vol. 264(1), pages 270-279.
    7. Jin, Xiu & Chen, Na & Yuan, Ying, 2019. "Multi-period and tri-objective uncertain portfolio selection model: A behavioral approach," The North American Journal of Economics and Finance, Elsevier, vol. 47(C), pages 492-504.
    8. Lane, David C. & Rouwette, Etiënne A.J.A., 2023. "Towards a behavioural system dynamics: Exploring its scope and delineating its promise," European Journal of Operational Research, Elsevier, vol. 306(2), pages 777-794.
    9. Caballero, William N. & Lunday, Brian J., 2019. "Influence modeling: Mathematical programming representations of persuasion under either risk or uncertainty," European Journal of Operational Research, Elsevier, vol. 278(1), pages 266-282.
    10. Guo, Peijun, 2019. "Focus theory of choice and its application to resolving the St. Petersburg, Allais, and Ellsberg paradoxes and other anomalies," European Journal of Operational Research, Elsevier, vol. 276(3), pages 1034-1043.
    11. Johnson, Michael P. & Midgley, Gerald & Chichirau, George, 2018. "Emerging trends and new frontiers in community operational research," European Journal of Operational Research, Elsevier, vol. 268(3), pages 1178-1191.
    12. Osório, António (António Miguel), 2017. "Self-interest and Equity Concerns: A Behavioural Allocation Rule for Operational Problems," Working Papers 2072/290757, Universitat Rovira i Virgili, Department of Economics.
    13. Richard Ormerod, 2017. "Writing practitioner case studies to help behavioural OR researchers ground their theories: application of the mangle perspective," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 68(5), pages 507-520, May.
    14. Guillaume Lamé & Oualid Jouini & Julie Stal-Le Cardinal, 2020. "Combining Soft Systems Methodology, Ethnographic Observation and Discrete-Event Simulation: A Case Study in Cancer Care," Post-Print hal-02095031, HAL.
    15. repec:wsi:acsxxx:v:21:y:2019:i:08:n:s1363919619500154 is not listed on IDEAS
    16. Kennedy, Deanna M. & Sommer, S. Amy & Nguyen, Phuong Anh, 2017. "Optimizing multi-team system behaviors: Insights from modeling team communication," European Journal of Operational Research, Elsevier, vol. 258(1), pages 264-278.
    17. Jorge Velez-Castiblanco & Diana Londono-Correa & Olandy Naranjo-Rivera, 2018. "The Structure of Problem Structuring Conversations: A Boundary Games Approach," Group Decision and Negotiation, Springer, vol. 27(5), pages 853-884, October.
    18. Agata Pierscieniak & Izabela Krawczyk-Sokolowska & Wieslawa Caputa, 2023. "Micro-foundations of environmental entrepreneurship resistance in SMEs," International Entrepreneurship and Management Journal, Springer, vol. 19(1), pages 71-95, March.
    19. Guadalupe Manzano-García & Juan-Carlos Ayala-Calvo, 2020. "Entrepreneurial Orientation: Its Relationship with the Entrepreneur’s Subjective Success in SMEs," Sustainability, MDPI, vol. 12(11), pages 1-17, June.
    20. Konrad, Renata A. & Maass, Kayse Lee & Dimas, Geri L. & Trapp, Andrew C., 2023. "Perspectives on how to conduct responsible anti-human trafficking research in operations and analytics," European Journal of Operational Research, Elsevier, vol. 309(1), pages 319-329.
    21. Argyris, Nikolaos & French, Simon, 2017. "Nuclear emergency decision support: A behavioural OR perspective," European Journal of Operational Research, Elsevier, vol. 262(1), pages 180-193.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jadmsc:v:13:y:2023:i:3:p:80-:d:1091780. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.