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A choice and inevitability framework in strategic management: empirical evidence of its real-life existence

Author

Listed:
  • Daniele Tumidei

    (Cranfield University)

  • Constantinos Alexiou

    (Cranfield University)

  • Michael Bourne

    (Cranfield University)

Abstract

In the context of strategic management, strategic choice and determinism are presented as two distinct planning approaches. When treated as two distinct variables, they are responsible for the creation of a framework of analysis, in which it is possible to identify the four different human agency philosophical ontological perspectives, of determinism, hard incompatibilism, libertarianism and compatibilism, each perspective characterized by different amounts of strategic choice and determinism. By drawing on the theoretical context of the aforementioned perspectives, we provide empirical evidence of their real-life existence. The strategic framework not only reduces theoretical fragmentation, but also provides a link between the philosophical debate on free will/determinism and strategic management and can help to reduce uncertainty in planning.

Suggested Citation

  • Daniele Tumidei & Constantinos Alexiou & Michael Bourne, 2021. "A choice and inevitability framework in strategic management: empirical evidence of its real-life existence," Review of Managerial Science, Springer, vol. 15(6), pages 1729-1766, August.
    • Handle: RePEc:spr:rvmgts:v:15:y:2021:i:6:d:10.1007_s11846-020-00401-4
    DOI: 10.1007/s11846-020-00401-4
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    References listed on IDEAS

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    More about this item

    Keywords

    Determinism; Free will; Strategic choice; Strategic decision making; Human agency; Panel data;
    All these keywords.

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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