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”.
Original language | English |
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Publication date | 2019 |
Number of pages | 1 |
Publication status | Published - 2019 |
Event | Strategic Management Society 39th Annual international Conference. SMS 2019 - Minneapolis, United States Duration: 19 Oct 2019 → 22 Oct 2019 Conference number: 39 https://www.strategicmanagement.net/minneapolis/overview/overview |
Conference
Conference | Strategic Management Society 39th Annual international Conference. SMS 2019 |
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Number | 39 |
Country/Territory | United States |
City | Minneapolis |
Period | 19/10/2019 → 22/10/2019 |
Internet address |