Strategic Decision Making: New Frontiers in Research and Practice
Speaker: Mark Healey - University of Manchester, UK
Abstract:
The strategic decisions that business leaders make today will shape the innovations, economies, and societies we all live with tomorrow. And yet environmental shocks, geopolitical turbulence, and technological disruptions have made it more difficult than ever to make good strategic decisions. In this talk, I will reflect on advances over the past fifteen years in understanding what makes strategic decisions unique and how managers can make better ones. Key advances in research include greater appreciation of how organizational context, framing and mental representations, and emotional factors shape strategic decisions. In the world of practice, executives face challenges of collective decision making, harnessing digital technologies, and dealing with the strains of external disruptions. An interest in tools and techniques for aiding strategic decision making unites researchers and practitioners. I will conclude by outlining critical questions for the future of strategic decision making.
Meet the Speaker:
Mark P. Healey - Professor of strategic management, University of Manchester, UK
Mark Healey is Professor of Strategic Management and Head of the Innovation Management and Policy Division at Alliance Manchester Business School, University of Manchester, UK. His research focuses on managerial and organizational cognition, particularly the role of cognition and emotion in strategic adaptation. Mark’s research has appeared in some of the world’s leading management journals, including Academy of Management Journal, Academy of Management Review and Strategic Management Journal. His research has featured regularly in the business press, including The Financial Times, Forbes, and Harvard Business Review. He has advised senior leaders and executive teams in various sectors, from financial services to advanced manufacturing, on the challenges of thinking and acting strategically in a changing world. He is an Associate Editor of the Journal of Management Studies and has served on the editorial boards of other leading journals, winning several awards for his services to the scholarly community.