Thursday, January 9, 2020

Why Are Strategic Decisions Different from Other Kinds of...

Why are strategic decisions different from other kinds of decisions? How? Why? Strategic decisions differ from other kinds of decisions because they are broad in scale, resource intensive, long term in nature, and surrounded by uncertainties. Strategic decisions are rare and usually have no precedent to follow, they are significant, resource intensive and require a lot of commitment at all levels. In addition, strategic decisions set the standard upon which lesser decisions and future actions are based. There are three main methods of making strategic decisions namely entrepreneurial, adaptive and planning. There is a fourth method, logical incrementalism that is largely regarded as a combination of the first three. The planning†¦show more content†¦Determination of cause and effect relationships is made more difficult by uncertainty about the time lag of effects in complex systems. In addition, there may be many-linked cause and effect chains. A given initial cause may produce an effect that gives rise to a second-order effect which may, in turn, give rise to a third-order effect. Ambiguity exists when a given event or situation can be interpreted inShow MoreRelatedThe Nature Of Organizational Goals861 Words   |  4 Pagesand the kinds of goals. It is critical to organizational effectiveness, and they serve a number of purposes such as guidance, and unified direction for people in the organization. Another, purpose setting prices strongly affect other aspects of planning. In addition, goal can serve as a source of motivation for people to work harder. Last, goals provide an effective mechanism for evaluation and control. Planning decision not only involve different purpose there also exist different kinds of goalsRead MoreA Case Study Analysis on the Strategic Alliances of Audio Duplication Services, Inc. (Ads)1115 Words   |  5 PagesStudy Analysis on the Strategic Alliances of Audio Duplication Services, Inc. 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