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  4. Showing What You Don’t Know The Effect of Visualization on Managers’ Illusion of Explanatory Depth Regarding Strategic Digital Technologies
 
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Showing What You Don’t Know The Effect of Visualization on Managers’ Illusion of Explanatory Depth Regarding Strategic Digital Technologies

Type
conference paper
Date Issued
2019-08
Author(s)
Eppler, Martin J.  
Muntwiler, Christian  
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.
Language
English
HSG Classification
contribution to scientific community
Event Title
79th Academy of Management Annual Meeting (AOM)
Event Location
Boston, USA
Event Date
9-13 Aug 2019
URL
https://www.alexandria.unisg.ch/handle/20.500.14171/98375
Subject(s)

business studies

Division(s)

MCM -Institute for Me...

University of St.Gall...

Eprints ID
257493
File(s)
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Thumbnail Image

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Name

12475_Showing What You Don’t Know_The Effect of Visualization on Managers’ Illusion of Explanatory Depth.pdf

Size

543.33 KB

Format

Adobe PDF

Checksum (MD5)

f302b126a3967e3d4b66f4e3150cb41b

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