4.3 Article

A choice and inevitability framework in strategic management: empirical evidence of its real-life existence

Journal

REVIEW OF MANAGERIAL SCIENCE
Volume 15, Issue 6, Pages 1729-1766

Publisher

SPRINGER HEIDELBERG
DOI: 10.1007/s11846-020-00401-4

Keywords

Determinism; Free will; Strategic choice; Strategic decision making; Human agency; Panel data

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In this article, the two distinct planning approaches of strategic choice and determinism in strategic management are discussed. By analyzing different philosophical perspectives on human agency, empirical evidence is provided to support their real-life existence. This strategic framework not only reduces theoretical fragmentation, but also establishes a connection between the philosophical debate on free will/determinism and strategic management, helping to reduce uncertainty in planning.
In the context of strategic management, strategic choice and determinism are presented as two distinct planning approaches. When treated as two distinct variables, they are responsible for the creation of a framework of analysis, in which it is possible to identify the four different human agency philosophical ontological perspectives, of determinism, hard incompatibilism, libertarianism and compatibilism, each perspective characterized by different amounts of strategic choice and determinism. By drawing on the theoretical context of the aforementioned perspectives, we provide empirical evidence of their real-life existence. The strategic framework not only reduces theoretical fragmentation, but also provides a link between the philosophical debate on free will/determinism and strategic management and can help to reduce uncertainty in planning.

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