In general, effective strategic decisions are associated with a step-by-step analysis of information. However, such recommendations are detached from the realities decision makers are faced with, i.e uncertainty of a decision problem, abundance of information from various sources, as well as political behavior and personal idiosyncracies in the decision making process. Wolfgang Gänswein examines the interaction of these factors by using a broad sample of 230 decisions in a broad range of industries. The results show decision effectiveness is not only affected by uncertainty in a company’s environment but also and even more significantly by the information processing preferences of a single decision maker.

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About the author

Wolfgang Gänswein wrote this dissertation under Prof. Malte Brettel’s supervision at the WIN chair of the RWTH Aachen.

Bibliographic Information

Book Title: Effectiveness of Information Use for Strategic Decision Making
Authors: Wolfgang Gänswein
Series Title: Entrepreneurship
DOI: https://doi.org/10.1007/978-3-8349-6849-4
Publisher: Gabler Verlag Wiesbaden
eBook Packages: Business and Economics, Business and Management (R0)
Copyright Information: Gabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesbaden 2011
Softcover ISBN: 978-3-8349-3086-6Published: 22 June 2011
eBook ISBN: 978-3-8349-6849-4Published: 21 June 2011
Series ISSN: 2627-2547
Series E-ISSN: 2627-2555
Edition Number: 1
Number of Pages: XXI, 301
Number of Illustrations: 19 b/w illustrations
Topics: Organization, Management

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Table of contents (8 chapters)

Front Matter

Back Matter

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