Common sense versus intuition in management decision-making

Zutshi, Ambika and Creed, Andrew 2011, Common sense versus intuition in management decision-making, TMC Academic Journal, vol. 5, no. 2, pp. 65-82.

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Title Common sense versus intuition in management decision-making
Author(s) Zutshi, Ambika
Creed, Andrew
Journal name TMC Academic Journal
Volume number 5
Issue number 2
Start page 65
End page 82
Total pages 18
Publisher TMC Academy
Place of publication Singapore
Publication date 2011
ISSN 1793-6020
Keyword(s) Common sense
Decision-making
Empiricism
Intuition
Management
Rationalism
Summary The increasingly complex organisational environment has made certainty in decision-making difficult. Sometimes careful consideration comes before decisions, but sometimes rushed decisions are made. Successful outcomes can often follow from either process, but exactly why each approach works needs to be examined. A return to the epistemological bases of common sense and intuition can help to clarify the decision process for managers in the current environment. The paper starts with perspectives on the similarities and differences between common sense and intuition, drills down to the rational and empirical foundations of each, and then introduces a decision-making matrix that portrays the conceptual basis of intuition and common sense in the actions and reactions of the decision-makers. Primarily, this is a theoretical paper incorporating literature review and authors’ analysis of the interaction of common sense and intuition when making decisions. We conclude that it is pertinent to accept intuition as a valuable complement to common sense, and it is anticipated that the different perspective can facilitate the merging of critical countervailing concepts in the management decision-making process.
Language eng
Field of Research 160699 Political Science not elsewhere classified
Socio Economic Objective 949999 Law, Politics and Community Services not elsewhere classified
HERDC Research category C1 Refereed article in a scholarly journal
HERDC collection year 2011
Copyright notice ©2011, TMC Academy
Persistent URL http://hdl.handle.net/10536/DRO/DU:30034617

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