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Article: The influence of tacit knowledge and collective mind on strategic planning.
- Article from:
- Journal of Managerial Issues
- Article date:
- June 22, 1998
- Author:
CopyrightCOPYRIGHT 1998 Pittsburg State University - Department of Economics. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Decision making through rigorous thinking is a way of life for managers. However, their perception of how they are supposed to think and the decision processes they use is plagued by inconsistency. Throughout their education managers are taught the rational or analytical method of strategic planning (Ansoff, 1988; Mintzberg, 1994). Through personal experiences, however, they have learned that making decisions using tacit, or hidden, knowledge is quite effective (Isenberg, 1984).
Managers, through their strategic choices, determine the success or failure of an organization (Andrews, 1971; Ansoff, 1988; Child, 1972; Priem, 1994). In this article we propose a model of ...