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Strategic Decision Making and the Pursuit of Conflicting Goals: Taking Stock and Looking Ahead.

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  • Additional Information
    • Abstract:
      Strategy and organization research has long recognized that decisions in firms are rife with conflicting goals and interests. However, despite the ubiquity of conflicting goals and the importance to manage them effectively, existing research on strategic decision making largely assumes unitary goals. As a result, there is still a lack of understanding on how conflicting goals influence strategic decision making and how firms can better manage them. This panel symposium brings together a group of distinguished scholars who do cutting-edge research in this area and employ diverse methodologies (e.g., conceptual, empirical, and simulation-based). In particular, the panelists will discuss how taking into account conflicting goals generates new insights on several key aspects of strategic decision making, including (i) search in a complex environment, (ii) responses to performance feedback, (iii) adaptation to disturbances, and (iv) design of organizational structure and processes. Overall, this symposium aims to facilitate research that offers a more fine-grained understanding of how conflicting goals influence strategic decision making and provides practical implications on how firms can effectively deal with conflicting goals. [ABSTRACT FROM AUTHOR]
    • Abstract:
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