strategic decision making

USAGE SUMMARY

The phrase 'strategic decision making' is correct and can be used in written English.
You can use it when referring to a process of carefully deliberating and considering options in order to make the best long-term decisions. For example: "The CEO relied on his team of experienced managers to assist him in the strategic decision making process."

✓ Grammatically correct

Academia

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

27 human-written examples

One of his academic specialities was game theory, the study of strategic decision making.

Independent

Based on information processing theory we investigate the role of cognitive diversity in strategic decision making.

European Management Journal

Strategic decision making in complex continuous process plants has been a matter for humans since ever.

IFAC Proceedings Volumes

It provides for a fact-based support for strategic decision making at the portfolio level.

Science of Computer Programming

Strategy as strategic decision making SLOAN MANAGEMENT REVIEW EISENHARDT, K. M. 1999; 40 (3): 65-?

Stanford University

Yossi Feinberg's research centers on the analysis of information in strategic decision making.

Stanford University

Human-verified similar examples from authoritative sources

Similar Expressions

33 human-written examples

To avoid emotions having a negative effect on strategic decision-making, managers can do three things.

Harvard Business Review

My dad had already made me part of the strategic decision-making process relating to the family portfolio.

Forbes

Few studies on big data analytics, however, have demonstrated the support for strategic decision-making.

Information & Management

This could create a space for actual strategic decision-making outside the remit of official planning documents.

BMC Health Services Research

Job two is strategic decision-making.

The Guardian - Opinion

Expert writing Tips

Best practice

Use data and evidence to support the rationale behind the "strategic decision making" process. This adds credibility and demonstrates a thorough evaluation of options.

Common error

Avoid using "strategic decision making" as a catch-all phrase. Be specific about the context and the factors influencing the decision. "Strategic decision making in resource allocation" is better than a generic statement.

Linguistic Context

Strategic decision making functions as a noun phrase, typically used as the subject or object of a sentence. It describes a process or activity, as confirmed by Ludwig, which indicates it's a common and acceptable English phrase. Examples from Ludwig show it in contexts related to business, academia, and policy.

Expression frequency: Very common

Frequent in

Academia

24%

News & Media

32%

Science

36%

Less common in

Formal & Business

8%

Ludwig's WRAP-UP

In summary, "strategic decision making" is a grammatically correct and very common noun phrase used to describe the process of making important, long-term choices. According to Ludwig, the phrase is widely used and accepted in diverse contexts. It is most frequently found in academic, scientific, and news-related sources, indicating a professional register. When writing about "strategic decision making", it's important to be specific about the context, scope, and goals of the decision-making process to avoid overgeneralization. Consider alternatives like "informed decision-making" or "corporate strategy" to add nuance to your writing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

key decision-making

Highlights the importance of the decisions being made.

informed decision-making

Stresses making decisions based on data and insights.

strategic planning

Focuses more on the planning aspect that precedes decision-making.

corporate strategy

Focuses on the strategic aspect within a business environment.

long-term planning

Focuses on the planning aspect rather than the decision itself.

leadership decision-making

Focuses on the role of leadership in the decision-making process.

policy formulation

Emphasizes the creation of policies as a result of strategic deliberation.

foresight and planning

Emphasizes anticipation of future trends and subsequent planning.

executive judgment

Highlights the role of executive discretion and assessment.

critical thinking

Stresses the cognitive processes involved in making informed choices.

FAQs

How does "strategic decision making" differ from tactical decision making?

While "strategic decision making" focuses on long-term goals and overall organizational direction, tactical decision making is concerned with short-term actions to implement those strategies. Tactical decisions support strategic objectives.

What are some key elements of effective "strategic decision making"?

Key elements include clear objectives, comprehensive data analysis, consideration of alternatives, risk assessment, and stakeholder involvement. Effective communication and adaptability are also crucial.

What role does risk assessment play in "strategic decision making"?

Risk assessment is crucial. It involves identifying potential threats and opportunities associated with each strategic option. This allows decision-makers to weigh potential outcomes and make informed choices to minimize negative impacts. Properly assessed risks lead to better "informed decision-making".

How can organizations improve their "strategic decision making" processes?

Organizations can improve by fostering a culture of open communication, investing in data analytics capabilities, encouraging diverse perspectives, and regularly reviewing and adapting their strategic plans to align with changing circumstances.