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Managerial Decision Making in Geopolitically Turbulent Environments

Author

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  • Gawlik, Remigiusz

Abstract

The presented paper is a presentation of final results of research led throughout past years on a group of Polish and international SME’s. The essential aim was the elaboration of a decision – making model including both qualitative and quantitative factors that influence decision – making processes. Most focus has been put on geopolitical determinants of international companies’ development. In order to narrow the research field, a further limitation has been made in the type of undertaken solutions. This resulted in focusing on managerial rather than strategic decisions, although long – term strategic planning still can be enhanced through application of proposed method. The research methodology has been based on Analytic Hierarchy Process applied for assessment of individual and collective utility of various indexes describing the actual economic situation and short – term prospects of enterprises operating locally (inside Poland) and internationally. The presented final stage of research draws attention to expert evaluations of 6 professional experts carefully chosen from a group of 31 skilled managers interviewed in preliminary research phase. The study ends with a proposal of a qualitative – quantitative decision making model anticipating geopolitical factors in order to improve the quality of managerial decision making in international enterprises.

Suggested Citation

  • Gawlik, Remigiusz, 2010. "Managerial Decision Making in Geopolitically Turbulent Environments," MPRA Paper 45408, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:45408
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    File URL: https://mpra.ub.uni-muenchen.de/45408/1/MPRA_paper_45408.pdf
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    References listed on IDEAS

    as
    1. Gawlik, Remigiusz, 2009. "Strategic Decision Making in Times of Global Financial Crisis," MPRA Paper 45407, University Library of Munich, Germany.
    2. Gawlik, Remigiusz & Teczke, Janusz, 2007. "The Influence of Non - Governmental Organizations on Main Determinants of the Open Systems Model with Application of the Correlation Analysis Method," MPRA Paper 45344, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Gawlik, Józef & Gawlik, Remigiusz, 2011. "Production Engineering - Personnel Education for the Needs of Market Economy," MPRA Paper 45410, University Library of Munich, Germany.
    2. Siklós, Balazs & Gawlik, Remigiusz, 2013. "Managing the Quality of Higher Education in Scope of Some Theories," MPRA Paper 45413, University Library of Munich, Germany.

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    2. Gawlik, Remigiusz, 2008. "Preliminary Criteria Reduction for the Application of Analytic Hierarchy Process Method," MPRA Paper 45348, University Library of Munich, Germany.
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    More about this item

    Keywords

    Analytic Hierarchy Process; Geopolitical Factors; Development Indexes; Decision Making Model;
    All these keywords.

    JEL classification:

    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • F01 - International Economics - - General - - - Global Outlook
    • F69 - International Economics - - Economic Impacts of Globalization - - - Other

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