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The role of routines in reducing pervasive uncertainty

Author

Listed:
  • Markus C. Becker

    (BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique)

  • Thorbjørn Knudsen

    (SDU - University of Southern Denmark)

Abstract

Remarkably little advice has been offered in the way of helping management develop appropriate strategies to cope with different forms of uncertainty. In an effort to fill this gap, the present article combines extant research from economics and strategy to identify two broad classes of uncertainty and the generic strategies that are appropriate to handle each class of uncertainty. We point out that organizational routines are ways to reduce pervasive uncertainty in decision making, whereas increasing the available information is appropriate when other, less demanding forms of uncertain situations arise. The argument is supported by empirical tests.

Suggested Citation

  • Markus C. Becker & Thorbjørn Knudsen, 2005. "The role of routines in reducing pervasive uncertainty," Post-Print hal-00279163, HAL.
  • Handle: RePEc:hal:journl:hal-00279163
    DOI: 10.1016/j.jbusres.2003.10.003
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    Citations

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    Cited by:

    1. Linden, Erik, 2021. "Pandemics and environmental shocks: What aviation managers should learn from COVID-19 for long-term planning," Journal of Air Transport Management, Elsevier, vol. 90(C).
    2. Efstathios Tapinos & Graham Leask & Mike Brown, 2023. "Perceived environmental turbulence and corporate strategy: The case of the UK recession," Futures & Foresight Science, John Wiley & Sons, vol. 5(3-4), September.
    3. Preston, Mark S., 2015. "Case manager job strain in public child welfare agencies: Job demands and job control's additive effects, and instrumental feedback's mediating role," Children and Youth Services Review, Elsevier, vol. 54(C), pages 30-40.
    4. Becker, Markus C. & Lillemark, Morten, 2006. "Marketing/R&D integration in the pharmaceutical industry," Research Policy, Elsevier, vol. 35(1), pages 105-120, February.
    5. Anika Laperrière & Martine Spence, 2015. "Enacting international opportunities: The role of organizational learning in knowledge-intensive business services," Journal of International Entrepreneurship, Springer, vol. 13(3), pages 212-241, September.
    6. Quintal, Vanessa Ann & Lee, Julie Anne & Soutar, Geoffrey N., 2010. "Risk, uncertainty and the theory of planned behavior: A tourism example," Tourism Management, Elsevier, vol. 31(6), pages 797-805.
    7. Roberta Riverso & Carmela Altamura & Francesco La Barbera, 2023. "Consumer Intention to Buy Electric Cars: Integrating Uncertainty in the Theory of Planned Behavior," Sustainability, MDPI, vol. 15(11), pages 1-13, May.
    8. Markus C. Becker & Nathalie Lazaric & Richard R. Nelson & Sidney G. Winter, 2005. "Applying organizational routines in understanding organizational change," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 14(5), pages 775-791, October.
    9. Müge Özman & Cédric Gossart & Nicolas Jullien, 2023. "Do occupations matter in motivations to volunteer?," Post-Print hal-04353216, HAL.
    10. Rainer Andergassen & Franco Nardini & Massimo Ricottilli, 2015. "Emergence and Resilience in a Model of Innovation and Network Formation," Networks and Spatial Economics, Springer, vol. 15(2), pages 293-311, June.
    11. Jensen, Are & Clausen, Tommy H., 2017. "Origins and emergence of exploration and exploitation capabilities in new technology-based firms," Technological Forecasting and Social Change, Elsevier, vol. 120(C), pages 163-175.
    12. Elisa Conz & Giovanna Magnani & Antonella Zucchella & Alfredo Massis, 2023. "Responding to unexpected crises: The roles of slack resources and entrepreneurial attitude to build resilience," Small Business Economics, Springer, vol. 61(3), pages 957-981, October.
    13. Veinot, Tiffany C. & Bosk, Emily A. & Unnikrishnan, K.P. & Iwashyna, Theodore J., 2012. "Revenue, relationships and routines: The social organization of acute myocardial infarction patient transfers in the United States," Social Science & Medicine, Elsevier, vol. 75(10), pages 1800-1810.
    14. Corsi Christian, 2008. "Il research project management," wp.comunite 0044, Department of Communication, University of Teramo.
    15. Guha, Mahua & Das, Gopal, 2017. "Routine contraction in good times: An example of a typical prototype development routine," Journal of Business Research, Elsevier, vol. 70(C), pages 145-152.

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