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Description - The Behavioral Foundations of Strategic Management by Philip Bromiley

This book argues that assumptions of rationality and market equilibrium are inconsistent with rigorous strategic management research and that strategic management should adopt behavioral assumptions. The author suggests that most scholars in strategic management implicitly adopt a behavioral view by assuming firms can make better or worse decisions, and then trying to understand the characteristics of these decisions. He outlines the basics of a behavioral approach to strategic management: he examines assumptions of rationality and equilibrium and the problems they create: and he considers how a behavioral approach relates to several major strains of strategic management scholarship. Relevant methodological issues are also explored. The book as a whole argues persuasively that a behavioral perspective offers the best foundation for strategic management scholarship.

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Book Details

ISBN: 9781405124713
ISBN-10: 1405124717
Format: Hardback
(241mm x 163mm x 18mm)
Pages: 160
Imprint: Blackwell Publishing Ltd
Publisher: John Wiley and Sons Ltd
Publish Date: 2-Nov-2004
Country of Publication: United Kingdom

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Author Biography - Philip Bromiley

Philip Bromiley holds the Curtis L. Carlson Chair in Strategic Management and is Chair of the Department of Strategic Management and Organization at the Carlson School of Management, University of Minnesota.

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