"Strategic Investment Decision Making" is based upon a study of strategic investment decisions in a wide range of UK and international companies. The authors examine these decisions from the perspective of organizational decision-making theory. They find that investments are not made only by the application of formal quantitative procedures but also involve the more qualitative processes of judgement, negotiation and inspiration. The concept of decision effectiveness is examined and two primary factors identified. These are: the "objectives-attainment" factor and the "learning factor". A number of case studies are presented to illustrate decisions which achieve different combinations of these effective factors. For example, one case turned out to be ineffective in terms of objectives-attainment but highly effective in terms of organizational learning that took place. This learning led to some significant structural and procedural changes in the organization. Through a combination of case studies and statistical analyisis, the authors develop a general model of decision effectiveness.
- ISBN10 1856289753
- ISBN13 9781856289757
- Publish Date 7 November 1994 (first published 27 May 1993)
- Publish Status Out of Print
- Out of Print 13 August 2001
- Publish Country GB
- Publisher Taylor & Francis Ltd
- Imprint Avebury
- Format Hardcover
- Pages 407
- Language English