Strategic Leadership and Organizational Performance: Evaluating the Impact of Decision-Making, Innovation, and Change Management in Modern Enterprises
Keywords:
Strategic management, Intuitive decision-making, Rational decision-making, Strategic thinking process, Organizational performanceAbstract
Objectives of this paper are the application of concepts and principles covered in the topics relating to strategic management in order to develop a conceptual framework and creating relationships among concepts discussed in this regard. Based on an intensive literature synthesis carried out in the field of strategic management and decision-making, the article proposes a conceptual framework that explores the impact of strategic thinking-enabling factors on organizational performance, controlling for the moderating effect of decision-making styles. The factors of strategic thinking that the proposed framework recognizes as enabling factors are systems perspective, focused intent, intelligent opportunism, thinking in time, and hypothesis-driven analysis. Moreover, the proposed framework conceives of the role of the decision-making styles, namely the intuitive style and the rational style, as pivotal in facilitating these associations. With this conceptual piece, it means that at this juncture, there has been no verification process undertaken for this model. However, it has the highest level of validity and theoretical soundness in so far as its applications in deriving meaningful insights in order to advance strategic thinking and decision alignment are concerned.
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