Corporate Leadership: A study of the decision making skills in growing in the corporate world

Abstract

The late changes of last century brought about uncommon experiences, not encountered before to the corporate world.  Hence, these corporate left behind their past in an attempt to achieve better performance.  These changes dictated new approaches on doing business.  Thereon a serious intellectual engagement is indispensable concerning the undertaking of studies on various problems or aspects of this change.  At the time, businesses as a result of the radical transformation operated in a permanently complex and competitive environment, another reconfirming evidence on the necessity of a continuous adaptation to this environment.  In this context, an important issue to be addressed is the decision making skills and the decision making quality.  The decision making quality is depicted as a competitive advantage, which creates the due conditions for protection against the risk and ensures a successful business development.  The study aims to analyse the impact of factors orienting the corporate leaders in determining the decision making skills to be used and the influence of these skills on the corporate performance. The findings resulting from this research study will serve the corporate managers in regional countries regarding the decision making issues, will serve as a guiding tool to other researchers who aim to get engaged in future research in the field and will likewise serve to the policymakers.