Leading the strategic decision-making process: Conceptual frameworks

Abstract

Leading the strategic decision-making process is a crucial issue in organizations. The success of the process is closely related to the experiences and special skills of the managers as well as to the culture and the structure of the organizations and environmental factors. Such a decision-making process requires improved cognitive, behavioral, and analytical skills from managers. This chapter investigates those success factors of the strategic decision-making process emphasized in the current literature and proposes two conceptual frameworks based on the factors for top managers that would help them to track the causality and the performance of their organizations within this scope.