Epistemic context of strategic decisions: interpreting the grammar of managerial praxis
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Date
2010
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
The Institute of Business Administrator Karachi - Pakistan
Abstract
This paper makes a theoretical assertion that strategic decisions are deterministic
and apriori cognitive programs, internalized by human actors through an epistemic
context, generated by culturally contingent conditions. It is argued that, a pervasive
worldview reverberates underneath the seemingly calm strategic attitude of the managerial leadership and, consequently shapes the grammar of managerial praxis. The leaders during their strategic engagements choose to decide on the basis of this deeply ingrained language of their respective worldviews, which have grown out of the collective symbolic knowledge of their respective societies. By analyzing three examples one each from society, economy and politics, which have become profoundly interlocked spheres of human societies in the unfolding millennium, we intend to demonstrate the validity of the foregoing assertion.
Description
Keywords
Epistemic Context, Strategic Decisions, Worldview, Grammar of Managerial Praxis
Citation
Business Review Volume 5 Number 1, pp 149-157,