The Interplay between Intuition and Rationality in Strategic Decision Making: A Paradox Perspective

Both intuition and rationality can play important roles in strategic decision making. However, a framework that specifically accounts for the interplay between intuition and rationality is still missing. This study addresses this gap by using a paradox lens and conceptualizes the intuition–rationali...

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Vydáno v:Organization studies Ročník 38; číslo 3-4; s. 365 - 401
Hlavní autoři: Calabretta, Giulia, Gemser, Gerda, Wijnberg, Nachoem M.
Médium: Journal Article
Jazyk:angličtina
Vydáno: London, England SAGE Publications 01.04.2017
Sage Publications Ltd
Témata:
Case studies
Cognition
Decision making
Innovations
Intuition
Organization studies
Rationality
paradox management
rationality
strategic decision making
intuition
paradoxes
ISSN:0170-8406, 1741-3044
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Shrnutí:Both intuition and rationality can play important roles in strategic decision making. However, a framework that specifically accounts for the interplay between intuition and rationality is still missing. This study addresses this gap by using a paradox lens and conceptualizes the intuition–rationality duality as a paradoxical tension. We draw on seven case studies of innovation projects to empirically derive a three-step process for managing this intuition–rationality tension through paradoxical thinking. Our empirical data suggest that management of the tension starts with preparing the ground for paradoxical thinking by creating managerial acceptance for the contradictory elements of rational and intuitive approaches to decision making. The process then continues by developing decision-making outcomes through the integration of intuitive and rational practices. Finally, the outcomes of paradoxical thinking are embedded into the organizational context. For each step of the model, we indicate a set of practices that, by leveraging intuitive or rational characteristics of decision making, practitioners can use to deal with this cognitive tension in the different steps of our model.
Bibliografie:ObjectType-Article-1
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ISSN:0170-8406
1741-3044
DOI:10.1177/0170840616655483