This article addresses the issue of the difference between perceived and objective environmental conditions, and its effects on performance. On the one hand, do the objective environmental conditions affect the performance of decisions? On the other hand, do managers under-estimate the objective environmental conditions? In this case, what are the effects on the performance of a complex decision? Based on a survey of 157 managers covering the 58 French industries, the results highlight that the objective state of environmental conditions impacts on the performance of a complex decision (new product development). Second, they indicate the existence of a gap between perceived and objective environmental conditions. Third, the article considers the effect of this difference on performance. It is less simple as assumed: the effects depend on the dimension studied (capacity, complexity and dynamism).
Mendeley saves you time finding and organizing research
Choose a citation style from the tabs below