strategic decision making

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“STRATEGIC DECISION MAKING”:

“STRATEGIC DECISION MAKING” PRESENTED BY :- KHUSHBOO MUNDRA MBA 2 nd SEM

CONTENTS :

CONTENTS 1.CONCEPTUAL FRAMEWORK 2.STRTEGIC DECISIONS 3.ROLE OF STRATEGIC DECISION MAKING 4.STRATEGIC DECISION MAKING MODEL 5.CONCLUSION 6.REFERENCES

CONCEPTUAL FRAMEWORK:

CONCEPTUAL FRAMEWORK The process of choosing best from among various alternatives using information. “Chosen alternative that affects key factors which determine the success of an organization's strategy ”

STRATEGIC DECISIONS:

Organizational hierarchy Organizational Levels Nature of Problems Nature of Decision-making STRATEGIC DECISIONS

ROLE OF STRATEGIC DECISION MAKING IN STRATEGIC PLANNING PROCESS:

ROLE OF STRATEGIC DECISION MAKING IN STRATEGIC PLANNING PROCESS

Strategic Decision Making Model:

6 Strategic Decision Making Model

Strategic Decision Making:

7 Strategic Decision Making

CONCLUSION:

CONCLUSION Strategic decisions are marked by ambiguity and uncertainty; clarification is almost certain to prove a requirement. The strategic decision making (SDM) process is recursive or iterative; it keeps looping around instead of simply unfolding in a linear Fashion. A decision isn‟t necessarily a choice from among alternatives but it is always a commitment to a particular course of action. And, finally, the decision – the commitment to a particular course of action – must be communicated; clearly, coherently and Convincingly.

REFERENCES:

REFERENCES ARTICLES :- “Strategic Decision Making.” Charles R. Schwenk . Journal of Management. Fall 1995 “Strategy as Strategic Decision Making.” Kathleen M. Eisenhardt . Sloan Management Review. Spring 1999. BOOKS :- Decision Making at the Top. Gordon Donaldson & Jay W. Lorsch . Basic Books: 1983 INTERNET :- Strategic Decision Processes: Critical Review and Future Directions. Nandini Rajagopalan , Journal of Management Special Issue – Summer 1993. http://www.findarticles.com/p/articles/mi_m4256/is_n2_v19/ai_14561093/print Strategic Decision-Making: Special Issue – Fall 1995. Journal of Management. http://www.findarticles.com/p/articles/mi_m4256/is_n3_v21/ai_17154315 Decision Making Models Summary. Professor Richard W. Scholl, University of Rhode Island. http://www.cba.uri.edu/scholl/Notes/Decision_Making_Models.htm

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