2012
DOI: 10.5539/ijbm.v7n6p18
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Making Sense of Uncertainty: An Examination of Environmental Interpretation

Abstract:

Uncertainty in the environment has implications for an organisation’s structures, strategies and processes. By extending an existing uncertainty framework and measuring how it is influenced by strategic decision-making,entrepreneurial orientation and organisation structure, this paper explores the process of environmental interpretation. Hypotheses are formulated for testing on the European airport industry. The results show that a fourth t… Show more

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Cited by 7 publications
(23 citation statements)
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References 81 publications
(103 reference statements)
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“…Rumelt (1991) and Wagner et al (2002) reported that uncertainty is an important aspect of environment because it has a potentially large impact on organisational performance. In an analysis of environmental uncertainty, Regan (2012) suggested that organisational management should be cautious about environmental uncertainty because this is one of the fundamental challenges in organizations. Similarly, Hoque et al, (2001) noted that when organizations are facing higher competition situation, the utilization of different performance measures is expected.…”
Section: The Influence Of Perceived Environmental Uncertainty On Firmmentioning
confidence: 99%
“…Rumelt (1991) and Wagner et al (2002) reported that uncertainty is an important aspect of environment because it has a potentially large impact on organisational performance. In an analysis of environmental uncertainty, Regan (2012) suggested that organisational management should be cautious about environmental uncertainty because this is one of the fundamental challenges in organizations. Similarly, Hoque et al, (2001) noted that when organizations are facing higher competition situation, the utilization of different performance measures is expected.…”
Section: The Influence Of Perceived Environmental Uncertainty On Firmmentioning
confidence: 99%
“…Uncertainty sources refers to a range of environment that the decision maker is uncertain about (Regan, 2012). To improve the understanding, we should make a distinction between the organization, the transactional environment, and the contextual environment (Abbott, 2005).…”
Section: Source Of Uncertaintymentioning
confidence: 99%
“…If such an evaluation of decisions is not conducted, decision-making process is flawed, and the organization cannot be sure about achieving the desired outcome. This assessment is as a feedback that helps organizational learning and dealing with future uncertainty (Regan, 2012).…”
Section: Mixed Measures Of Uncertaintymentioning
confidence: 99%
“…These dynamic conditions refer to the macro and micro components of the environment (e.g. governmental and competitor environmental domains respectively) which are considered to be complex and constantly change (Miller, 1992;Regan, 2012). For example, relatively recently, the UK firms, including the UK SMEs, had to confront "Brexit" and adjust to the new conditions of trade (Brown et al, 2019).…”
Section: Background To the Researchmentioning
confidence: 99%