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Enhancing Project Investment Decisions: The Role of Leadership Priorities

In: The Palgrave Handbook of Strategy, Change and Transformational Project Leadership

Author

Listed:
  • Alicia Gilchrist

    (Australian National University)

  • Ofer Zwikael

    (Australian National University)

  • Ivan L. Garanovich

    (Defence Science and Technology Group, Department of Defence)

  • Terence Weir

    (Defence Science and Technology Group, Department of Defence)

  • Michelle Gunton

    (Australian National University)

Abstract

Managers regularly make decisions to select from competing project proposals those which they perceive are most likely to implement organisational strategy. Yet, little is known about what can enhance the quality of project selection decision making. Drawing on Regulatory Focus Theory, we aim to identify antecedents likely to impact project investment decision quality and explore whether effective leadership priorities can support this decision. The antecedents we examine are formal processes and target benefit setting. We propose a conceptual model and describe why it can be useful for organisations whose primary purpose is to anticipate and agilely respond to the future via strategy implementation and enhanced organisational performance.

Suggested Citation

  • Alicia Gilchrist & Ofer Zwikael & Ivan L. Garanovich & Terence Weir & Michelle Gunton, 2026. "Enhancing Project Investment Decisions: The Role of Leadership Priorities," Springer Books, in: Angelina Zubac & Ofer Zwikael & Danielle Tucker & Elizabeth More & Zhou Jiang & Shelley Kirkpatrick (ed.), The Palgrave Handbook of Strategy, Change and Transformational Project Leadership, chapter 0, pages 195-209, Springer.
    • Handle: RePEc:spr:sprchp:978-981-95-3588-0_10
    DOI: 10.1007/978-981-95-3588-0_10
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