Struggling in the "War-room": Strategy Making by Top Managers Behind Closed Doors

Madeleine Rauch

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Abstract

This paper explores how top managers engage in strategy making behind closed doors facing an organizational crisis. We develop a model of temporary strategy-making that articulates how top managers make sense of a situation with no viable alternative based on two mechanisms, i.e., rationalizing and narrating, and construct a shared understanding to engage in strategy-making by either allowing for individualism or creating for collectivism. Under these circumstances, top managers engage in strategy making with a strong temporal connotation, i.e., strategy making is bound by a strong temporal nature before actors impugn and challenge the constructed shared understanding, and thus, cycle back to the sensemaking process. The findings provide a unique insight in top manager´s strategy decision-making process when facing a “loss-situation”.
OriginalsprogEngelsk
Publikationsdato2019
Antal sider1
StatusUdgivet - 2019
BegivenhedStrategic Management Society 39th Annual international Conference. SMS 2019 - Minneapolis, USA
Varighed: 19 okt. 201922 okt. 2019
Konferencens nummer: 39
https://www.strategicmanagement.net/minneapolis/overview/overview

Konference

KonferenceStrategic Management Society 39th Annual international Conference. SMS 2019
Nummer39
Land/OmrådeUSA
ByMinneapolis
Periode19/10/201922/10/2019
Internetadresse

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