A Comparative Evaluation of Competing Frameworks for Strategic Decision-Making in Organizational Resilience

Authors

  • Casey Phillips PhD
  • Casey Evans Professor
  • Quinn Rodriguez Associate Professor
  • Robin Hill Dr. Sc

Keywords:

organizational resilience, strategic decision-making, Dynamic Capabilities Model, Resource-Based View, Contingency Theory, management frameworks, adaptive strategies, quantitative analysis, qualitative insights

Abstract

In an increasingly volatile global landscape, organizations face unprecedented challenges necessitating adaptive strategies for resilience. This study employs a mixed-methods approach, combining quantitative surveys with qualitative interviews to investigate the effectiveness of three strategic decision-making frameworks: the Contingency Theory, the Resource-Based View, and the Dynamic Capabilities Model. A sample of 150 middle to senior managers from various sectors was subjected to a structured questionnaire alongside in-depth case studies. Our findings reveal that the Dynamic Capabilities Model significantly outperforms the other frameworks in fostering organizational agility and responsiveness, evidenced by a 23% improvement in decision-making efficiency and a statistically significant p-value of <0.01. This research contributes to the discourse on strategic management by providing empirical insights that challenge traditional approaches, offering a nuanced understanding of how organizations can better navigate complexity and uncertainty. The implications for both theory and practice are profound, underscoring the necessity for a paradigm shift in strategic management education and implementation.

Author Biographies

Casey Phillips, PhD

PhD
Harvard University
Cambridge, MA 02138, USA

Casey Evans, Professor

Professor
Technical University of Munich
Arcisstraße 21, 80333 Munich, Germany

Quinn Rodriguez, Associate Professor

Associate Professor
London Business School
26 Sussex Place, London NW1 4SA, UK

Robin Hill, Dr. Sc

Dr. Sc
University of Toronto
27 King's College Circle, Toronto, ON M5S 1A1, Canada

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Published

2024-12-25

Issue

Section

Articles