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International Journal of Business and Economics

International Journal of Business and Economics
Volume 12, No. 2

December, 2013
 
Guest Editorial: Sense Making, Dilemmas, and Solutions in Strategic Management
 
Arch G. Woodside
Carroll School of Management , Boston College , U.S.A.
 
Arnoldo R. Camacho
Department of Finance, INCAE Business School, Costa Rica
 
Lai, Wen-Hsiang
Graduate Institute of Management of Technology, Feng Chia University, Taiwan
 
Abstract
This introduction provides an overview of the motivation of this issue. It focuses on the conceptual frameworks and tools available to business managers that can be applied to deal with complex problems in an environment of increasing uncertainty and risk. The article concludes that innovative ways to find the basic structure of seemingly unstructured processes, combined with knowledge drawn from professional experience can facilitate the identification and selection of alternatives that lead to superior results.
 
Keywords:decision system analysis, qualitative comparative analysis, sensemaking; strategy, true experiment.
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