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Top management decision making: a framework based on the story model

Author: De Koning, Alice INSEAD Area: Strategy Series: Working Paper ; 96/86/SM Publisher: Fontainebleau : INSEAD, 1996.Language: EnglishDescription: 20 p.Type of document: INSEAD Working Paper Online Access: Click here Abstract: The paper argues that a framework can be built using the story and anchor-and-adjust models which integrates research in strategic decision making, particularly cognitive biases and maps, executive team decision making, and resource allocation and acquisition decision processes. Propositions are developed focusing on the managerial implications of the story model
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The paper argues that a framework can be built using the story and anchor-and-adjust models which integrates research in strategic decision making, particularly cognitive biases and maps, executive team decision making, and resource allocation and acquisition decision processes. Propositions are developed focusing on the managerial implications of the story model

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