Leadership and Strategic Management: Decision-Making in Times of Change

Managers are facing unprecedented complexity, volatility, and ambiguity, and megatrends and forces of change have profound implications for business models, processes, and organizational structures. The book aims to tackle the potential interrelations among environmental transformations, strategic decisions, and leadership to better understand the role of external and internal factors on the effectiveness of managers. It defines "change" and focuses on decision-making, the role of cognitive biases, and the interaction with the perception of determined environmental events. It also reviews theories on leadership and transformation and proposes an integrative framework for scholars and managers.

Format: Hardback
Length: 66 pages
Publication date: 01 May 2024
Publisher: Taylor & Francis Ltd

Managers are navigating an unprecedented era of complexity, volatility, and ambiguity, requiring swift adaptation in their decision-making, leadership, vision, and strategies. Megatrends and forces of change are reshaping the business landscape, challenging established paradigms and paving the way for future transformation. Alongside these disruptions, the need for resilience and strategic flexibility has grown exponentially, as unforeseen events can upend established plans.

In response to these challenges, this book aims to explore the intricate interplay between environmental transformations, strategic decisions, and leadership. It seeks to understand the role of external and internal factors in influencing the effectiveness of managers. The book begins by defining "change" in its various dimensions, including its scope, nature, and characteristics. It then delves into decision-making, examining the influence of cognitive biases and the impact of perception on strategic choices.

In the context of strategic change, the book reviews theories on leadership and transformation, focusing on the roles and traits of leaders. Recognizing that environmental transformations can disrupt not only strategies but also decision-making processes and leadership, the book provides a comprehensive review of the issue and proposes an integrative framework that can be valuable to scholars and managers alike, particularly in the domains of decision-making and strategy.

By examining these interconnections, the book offers insights into how managers can navigate the complexities of the modern business environment and lead their organizations toward success in an ever-evolving landscape.

Weight: 216g
Dimension: 142 x 224 x 11 (mm)
ISBN-13: 9781032598000