TY - JOUR
T1 - The influence of context on the strategic decision-making process
T2 - a review of the literature
AU - Shepherd, Neil G.
AU - Rudd, John M.
PY - 2014/7/1
Y1 - 2014/7/1
N2 - This paper critically reviews the strategic decision-making process literature, with a specific focus on the effects of context. Context refers to the top management team, strategic decision-specific characteristics, the external environment and firm characteristics. This literature review also develops an illustrative framework that incorporates these four different categories of contextual variables that influence the strategic decision-making process. As a result of the variety and pervasiveness of contextual variables featured within the literature, a comprehensive and up-to-date review is essential for organizing and synthesizing the extant literature to explicate an agenda for future research. The purpose of this literature review is threefold: first, to critically review the strategic decision-making process literature to highlight the underlying themes, issues, tensions and debates in the field; second, to identify the opportunities for future theory development; and third, to state the methodological implications arising from this review.
AB - This paper critically reviews the strategic decision-making process literature, with a specific focus on the effects of context. Context refers to the top management team, strategic decision-specific characteristics, the external environment and firm characteristics. This literature review also develops an illustrative framework that incorporates these four different categories of contextual variables that influence the strategic decision-making process. As a result of the variety and pervasiveness of contextual variables featured within the literature, a comprehensive and up-to-date review is essential for organizing and synthesizing the extant literature to explicate an agenda for future research. The purpose of this literature review is threefold: first, to critically review the strategic decision-making process literature to highlight the underlying themes, issues, tensions and debates in the field; second, to identify the opportunities for future theory development; and third, to state the methodological implications arising from this review.
UR - http://www.scopus.com/inward/record.url?scp=84903556271&partnerID=8YFLogxK
UR - https://onlinelibrary.wiley.com/doi/abs/10.1111/ijmr.12023
U2 - 10.1111/ijmr.12023
DO - 10.1111/ijmr.12023
M3 - Article
AN - SCOPUS:84903556271
SN - 1460-8545
VL - 16
SP - 340
EP - 364
JO - International Journal of Management Reviews
JF - International Journal of Management Reviews
IS - 3
ER -