Search results for "DECISION-MAKING"
showing 10 items of 309 documents
Innovativeness and Family-Firm Performance: The Moderating Effect of Family Commitment
2016
The positive relationship between innovativeness and firm performance is well established and applies equally to all businesses, including family firms. However, little is yet known about how the unique characteristics of family firms influence this relationship. Drawing upon the resource-based view (RBV) of the firm, this study explains how the interplay between innovativeness as a firm-specific resource and family commitment as a family-specific resource affects performance. The analysis of longitudinal survey data collected from Finnish family firms demonstrates a curvilinear (U-shaped) moderating effect of the owner family’s commitment to the firm, in that the impact of innovativeness o…
Genealogia della normatività. La normatività come controllo
2018
In this paper I draw the outline of a psychological genealogy of normativity: an account of normativity as a complex neuro-psychological fact, entirely analysable in non-normative terms. As a first step, I introduce two of the main problems faced by the genealogical approach. I call the first one “Gibbard problem”: what kind of neuro-psychological state is normative judgment? I call the second one “irreducibility of normativity problem”: normative dynamics seem to be irreducible to causal dynamics. As a second step, I examine the “dual model” of the psychology of normative judgment developed by J. Haidt and J. Greene. I argue that the dual model is not able to solve the aforementioned probl…
Maximizers’ Susceptibility to the Effect of Frequency vs. Percentage Format in Risk Representation
2022
The present study explored the susceptibility of maximizers to the effect of the specific information format—frequency vs. percentage—in a risk assessment task. One-hundred and fourteen participants were randomized into two experimental conditions: a frequency format and a percentage format. In both conditions, participants had to rate the level of risk that a mental patient would harm someone after his discharge from a mental health facility, based on the information reported in the psychologist’s assessment for that patient. In the frequency condition, the information was presented in terms of frequencies, whereas in the percentage condition the same information was pres…
The role of life skills in developing an authentic leadership attitude in public health students: a multicenter cross-sectional study in Poland
2021
Abstract Background Decision-making skills are considered crucial life skills that condition proper social functioning within groups (i.e., support authentic leadership skills and increasing one’s chances of success and wellbeing in life). Nonetheless, the number of scientific papers addressing the role of life skills in developing authentic leadership skills in public health students is limited. The aim of the present study was to develop a theoretical model to determine the role of selected life skills in developing authentic leadership skills in public health students. Methods The study was conducted from January 16 through February 28, 2018. In total, 653 students undertaking in-service…
Behavioral and Neural Arguments of Motivational Influence on Decision Making During Uncertainty
2020
The scientific world is increasingly interested in motivation, primarily due to the suspected impact on decision-making abilities, particularly in uncertain conditions. To explore this plausible relationship, 28 healthy participants were included in the study and performed decision-making and motivational tasks while their neural activity was recorded. All participants performed the Iowa Gambling Task (IGT) and were split into two groups based on their score, one favorable group with 14 participants who performed advantageously and one undecided group with 14 participants who failed to develop the correct strategy on the IGT. In addition, all participants performed the Effort Expenditure fo…
Strategic responses of medium sized firms: The role of TMT’s perceptions and characteristics in decision making processes
2017
Many decisions made by the organization’s top management team (hereafter called indifferently TMT or top management team) have a high likelihood of failure (Nutt, 1999). This situation might be shocking but indeed, it is much more common than one might think (Bloom et al., 2012). In fact, we can easily realize this reality when reading the current business press where we will probably be confronted with several cases of failures that have been caused by any type of TMT decisions. Of course, we will also see cases of success, exemplifying managers and recipes of good practices (e.g., Eide et al., 2016; Schrage, 2013); but these will be minor. Thus, as Bloom et al. (2012) state, the group of …
Fuzzy Degree of Geographic Appropriateness for Social Impact Investing
2017
Impact investing is an investment practice that is characterized by the explicit intentionality of attaining a social impact and the requisite of report and measure this impact in a transparent way. The investment decision making process has two main stages. In the first stage, filters are applied regarding four critical issues: target geography, impact theme, asset class and target return category. In this phase, the set of possible investment alternatives are determined based on their appropriateness for impact investment in terms of those four essential aspects. In a second stage, efficient portfolios are obtained taking into account financial criteria (maximizing expected return, minimi…
An effectual approach to executing dynamic capabilities under unexpected uncertainty
2022
This study investigates how business-to-business (B2B) firms navigate contexts of unexpected uncertainty. Building on the theories of effectuation and dynamic capabilities, the study develops a model that highlights how effectual decision-making logic is manifested in the activities B2B firms employ to sense and seize new opportunities and threats and transform existing business operations. The qualitative data were collected in two phases (before and after the COVID-19 outbreak) and consisted of 24 interviews with 13 B2B firms. The findings demonstrate a strong reliance on managers' effectual decision-making in situations of unexpected uncertainty and provide a set of key activities that h…
Advancing beyond the system: telemedicine nurses' clinical reasoning using a computerised decision support system for patients with COPD - an ethnogr…
2017
Abstract Background Telemedicine is changing traditional nursing care, and entails nurses performing advanced and complex care within a new clinical environment, and monitoring patients at a distance. Telemedicine practice requires complex disease management, advocating that the nurses’ reasoning and decision-making processes are supported. Computerised decision support systems are being used increasingly to assist reasoning and decision-making in different situations. However, little research has focused on the clinical reasoning of nurses using a computerised decision support system in a telemedicine setting. Therefore, the objective of the study is to explore the process of telemedicine …
Models of an individual decision-making process related to ethical issues in business: the risk of framing effects
2009
Accepted version of an article published in the journal:International Journal of Business Governance and Ethics, Inderscience Publishers Published version available at: http://inderscience.metapress.com/link.asp?id=b0213827772k8p46 The theoretical paper at hand reviews 16 most often cited descriptive models of a manager's individual decision-making process related to ethical issues in business in general, international business and marketing fields in particular. The paper has a goal to point out the need to rephrase the dependent variable in the models in neutral terms to avoid framing effects in the three subject areas, as well as to rename the models accordingly. Copyright © 2009, Inders…