Item Type |
Conference or Workshop Item
(Paper)
|
Abstract |
In the strategy-as-practice paradigm, workshops and meetings are seen as a crucial element of the strategizing and strategic decision-making process. Decisions made in these episodes may not only be flawed due to cognitive biases, but also by a misleading view about one’s own knowledge about critical strategic issues like digital technologies. This experimental study is the first to apply the IOED theory to strategizing and shows that experienced managers indeed suffer from a significant illusion of explanatory depth (IOED) regarding their understanding of digital technologies. In terms of interventions, the study also reveals that visualizing one’s own understanding is a strong self-calibration mechanism and therefore helps strategy practitioners and facilitators of strategic episodes to reduce this illusion in their strategizing practices. |
Authors |
Eppler, Martin J. & Muntwiler, Christian |
Language |
English |
Subjects |
business studies |
HSG Classification |
contribution to scientific community |
Date |
August 2019 |
Event Title |
79th Academy of Management Annual Meeting (AOM) |
Event Location |
Boston, USA |
Event Dates |
9-13 Aug 2019 |
Depositing User |
Christian Muntwiler
|
Date Deposited |
07 Aug 2019 15:29 |
Last Modified |
20 Jul 2022 17:39 |
URI: |
https://www.alexandria.unisg.ch/publications/257493 |