"Adaptation is a crucial challenge for organizations, and an important theme in the strategy and organization theory literature. We still have much to learn, however, about the strategic processes by which adaptation is achieved. In this paper we focus on a basic element in the adaptation process, i.e. flexibility within the strategic decision-making process. We concentrate on strategic decisions because these choices are the most important adaptations the firm makes. We suggest that the core of all organizational adaptation is a decision-making process. Unless the decision-making process itself is flexible, it is unlikely the organization can be flexible enough to adapt."
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Academics from the United StatesPsychologists from the United StatesBusiness theorists from the United States
Original Language: English
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Mark P. Sharfman,, and James W. Dean Jr. "Flexibility in strategic decision making: informational and ideological perspectives." Journal of Management Studies 34.2 (1997): 191-217.
https://en.wikiquote.org/wiki/James_W._Dean_Jr.
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James W. Dean Jr.
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