Strategy Design, Process and Implementation in an Unstable/Complex Environment: A Second Exploratory Study

Abstract

The decision making practices and organizational structure of student teams were examined within a playing environment that was unstable and complex. Although differing degrees of firm development and learning were exhibited, the more successful firms reached early agreement on both their goals and the means by which their goals should be pursued. It appears that student teams make their strategic decisions in a manner which is similar to that employed by real world strategic decision makers.