Managerial Perceptions and the Normative Model of Strategy Formul
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Managerial Perceptions and the Normative Model of Strategy Formul
a SMU coxSouthern Methodist UniversitySMU ScholarHistorical Working PapersCox School of Business30682Managerial Perceptions and the Normative Model of Managerial Perceptions and the Normative Model of Strategy Formulf Strategy FormulationR. Duane IrelandBaylor UniversityMichael A. HittUniversity of Texas at ArlingtonRichard A. BettisSouthern Methodist UniversityFollow this and additional works at: https://scholar.smu.edu/business_workingpapers & Part of the Business CommonsThis document is brought to you for fr Managerial Perceptions and the Normative Model of Strategy Formulee and open access by the Cox School of Business at SMU Scholar. It has been accepted for inclusion in Historical Working Papers by an authorized admiManagerial Perceptions and the Normative Model of Strategy Formul
nistrator of SMU Scholar. For more information, please visit http://digitalrepository smu edu.So«he. Dallas.MANAGERIAL PERCEPTIONS AND THE NORMATIVE Ma SMU coxSouthern Methodist UniversitySMU ScholarHistorical Working PapersCox School of Business30682Managerial Perceptions and the Normative Model of Managerial Perceptions and the Normative Model of Strategy FormultUniversity of Texas at ArlingtonRichard A. BettisAssociate Professor of Business PolicyEdwin L. Cox School of BusinessSouthern Methodist UniversityDallas, Texas 75275*This paper represents a draft of work in progress by the authors and is being sent to you for information and review. Responsibility Managerial Perceptions and the Normative Model of Strategy Formul for the contents rests solely with the authors.. This working paper may not be reproduced or distributed without the written consent of the authors.Managerial Perceptions and the Normative Model of Strategy Formul
Please address all correspondence to Richard A. Bettis.Managerial Perceptions and The Normative Model of Strategy FormulationABSTRACTThe normative moda SMU coxSouthern Methodist UniversitySMU ScholarHistorical Working PapersCox School of Business30682Managerial Perceptions and the Normative Model of Managerial Perceptions and the Normative Model of Strategy Formultions of strengths and weaknesses and of their firm's external environment (both important in the normative strategy formulation model) may vary by management level. Differences likely result because of individuals' cognitive schemas, which include their cognitive biases. In turn, systematic errors Managerial Perceptions and the Normative Model of Strategy Formulmay occur in managerial decisions. Results from the research reported herein support the notion that managers' perceptions of a firm's strengths and wManagerial Perceptions and the Normative Model of Strategy Formul
eaknesses and of environmental uncertainty vary by managerial level. Differences in these perceptions were discovered to be more significant within eaa SMU coxSouthern Methodist UniversitySMU ScholarHistorical Working PapersCox School of Business30682Managerial Perceptions and the Normative Model of Managerial Perceptions and the Normative Model of Strategy Formulviduals occupying different managerial levels.a SMU coxSouthern Methodist UniversitySMU ScholarHistorical Working PapersCox School of Business30682Managerial Perceptions and the Normative Model ofGọi ngay
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