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The impact of hypercompetitive “timescapes” on the development of a global mindset

Article Information:

Title:

The impact of hypercompetitive “timescapes” on the development of a global mindset

Author(s):

Michael Harvey, Milorad M. Novicevic

Journal:

Management Decision

Year:

2001

Volume:

39

Issue:

6

Page:

448 - 460


ISSN:

0025-1747


DOI:

10.1108/EUM0000000005563

Publisher:

MCB UP Ltd

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Abstract:

Many managers are experiencing a “quickening” of their decision-making processes. The globalization of business, the advances in communications technology and increasing demand for prompt data analysis and interpretation have been the primary drivers on the impact of time for decision making. Modifications in the timeline of decision makers affect the development of a corporate global mindset in a complex manner. This leaves top managers groping for a meaningful decision-making framework that provides rationale to justify their choices under time pressure. In this article, a decisional framework based on the notion of social time or “timescape” is developed. The construct of timescape is captured by seven dimensions: time frame, tempo, temporality, (a)synchronization, sequence, emerging pauses/gaps and simultaneity. Each is examined in a global environment. Within the proposed framework, decision rules are developed relative to the flexibility and responsiveness of managers’ decisions.

Keywords:

Competition, Decision making, Globalization, Time-to-market


Article Type:

Research Paper


Article URL:

http://www.emeraldinsight.com/10.1108/EUM0000000005563

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