Strategic Decision Speed and Firm Performance  

Oleh:

Baum, J. Robert ; Wally, Stefan

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Strategic Management Journal vol. 24 no. 11 (2003), page 1107-1130.
Topik: FIRM; strategic; decision making; decision speed; performance

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: SS30.13 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

This 4 - year study examines the effect of strategic decision speed upon subsequent firm performance and identifies environmental and organizational characteristics that relate to decision speed. We draw upon strategic decision - making theory and organizational characteristics and performance. Measures of business environment, organization structure, strategic decision speed and firm performance (growth and profitability) were collected from 318 CEOs from 1996 to 2000. Structural equation modeling confirmed that fast strategic decision - making predicts subsequent firm growth and profit and mediates the relation of dynamism munificence, centralization, and formalization with firm performance.

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