EFFECTIVE STRATEGIC DECISION MAKING

• Published in: Journal of Defense Resources Management
• Main Author: Cezar VASILESCU
• Format: Article
• Language: English
• Published: Regional Department of Defense Resources Management Studies 2011-01-01
• Subjects: decision-making process; strategic decisions; organizations.
• Online Access: http://journal.dresmara.ro/issues/volume2_issue1/12_vasilescu.pdf

The importance of taking effective strategic decisions is very easy to understand, but in the same time it is difficult to be achieved, because it requires reforms that modify both senior leader decision-making styles and organizational structure. The decision-making process is familiar to everybody, being applied in almost all aspects of our public or private lives, at an individual or aggregate (organizational) level. This paper presents many interesting issues related with strategic decision-making process, like a discussion about the decision-making process in the military. Also presents ways to increase the efficiency of strategic management, by debating whether the rational analytical approach or the intuitive way of thinking is preferable and if finding a satisfactory solution is suitable than searching for the best possible alternative.