Document Type

Article

Publication Date

12-1-2009

Abstract

How do boards make strategic decisions? Semi-structured interviews with twenty eight directors of small to medium size publicly traded U.S. companies in the high technology sector were conducted in order to gain insights into strategic decision-making at the board level. We identified six characteristics that distinguish two divergent views about strategic decision-making. These characteristics include the role of the board chair, the boardroom climate, the board's shared vision and goals, the board's agency primacy, the board's process for decision closure and the board's level of involvement in the strategic planning process.

Keywords

leadership, boards, agency theory, quality strategic decision-making, behavioral theory, grounded theory, cognitive conflict

Rights

© The Author(s). Kelvin Smith Library provides access for non-commercial, personal, or research use only. All other use, including but not limited to commercial or scholarly reproductions, redistribution, publication or transmission, whether by electronic means or otherwise, without prior written permission is strictly prohibited.

Department/Center

Design & Innovation

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