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The impact of experiential learning on managers’ strategic competencies and decision style

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Detalhes bibliográficos
Resumo:This research studies whether Executive MBA student’s participation in a business strategysimulation course significantly impacts on self-perceptions of their strategic competenciesand decision style, which involves crossing psychological and strategy fields, and aims tocontribute to the development of theoretical management and educational insights. Theobtained results on students’ self-perception of their improvement on strategic competen-cies suggest that the simulation has a positive value for students and contributes both totheir engagement in the MBA program and to their knowledge. However, decision-makingstyles do not change as a result of the simulation, with the exception of the analyticalcomponent, which is reinforced. Thus, we concluded that although students’ knowledgeand strategic competencies could be expanded with a business strategy simulation, theirdecision-making style is not significantly influenced by practice. Consequently, we suggestthat it is possible to antecipate one reaction to a future situation, when managers’ decision-making style is known in advance, which in turn validates the statement that “nothing is sotheoretical as good practice”.
Autores principais:Torres, Pedro
Outros Autores:Augusto, Mário
Assunto:Decision-making styles Strategic competencies Experiential learning Simulation-based method Estilos de toma de decisiones Competencias estratégicas Aprendizaje experimental Método basado en la simulación
Ano:2017
País:Portugal
Tipo de documento:artigo
Tipo de acesso:acesso aberto
Instituição associada:Universidade de Coimbra
Idioma:inglês
Origem:Estudo Geral - Universidade de Coimbra
Descrição
Resumo:This research studies whether Executive MBA student’s participation in a business strategysimulation course significantly impacts on self-perceptions of their strategic competenciesand decision style, which involves crossing psychological and strategy fields, and aims tocontribute to the development of theoretical management and educational insights. Theobtained results on students’ self-perception of their improvement on strategic competen-cies suggest that the simulation has a positive value for students and contributes both totheir engagement in the MBA program and to their knowledge. However, decision-makingstyles do not change as a result of the simulation, with the exception of the analyticalcomponent, which is reinforced. Thus, we concluded that although students’ knowledgeand strategic competencies could be expanded with a business strategy simulation, theirdecision-making style is not significantly influenced by practice. Consequently, we suggestthat it is possible to antecipate one reaction to a future situation, when managers’ decision-making style is known in advance, which in turn validates the statement that “nothing is sotheoretical as good practice”.