On Application of Abductive Reasoning for Strategic Cases Solution
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F18%3A00109240" target="_blank" >RIV/00216224:14560/18:00109240 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
On Application of Abductive Reasoning for Strategic Cases Solution
Original language description
In corporate strategic management, the main value is knowing what, how, and when other players, who compete for a larger market share or better relationships with stakeholders or the company, are planning to do; this means solving strategic cases. The aim of this paper is to propose a procedure for solving strategic cases in the form of systematic rational inference of current and future moves of strategically relevant subjects in the form of a reconstruction of causal chains based on evaluation of facts and experimentation. The methodology proposed here is a part of a new method of corporate strategic management using a stakeholder approach based on game theory (which is being developed at the Faculty of Economics and Administration of Masaryk University) and use of abductive reasoning and Charles Sanders Peirce’s trichotomy of methods. Solvers of strategic cases find themselves in situations which need to be clarified, while only possessing partial information from the whole chain of events. It is necessary to widen our knowledge through inference to include an explanation of how the situation happened and a prediction of future events, which provide the desired focus of strategic management on the future.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
N - Vyzkumna aktivita podporovana z neverejnych zdroju
Others
Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Proceedings of the International Scientific Conference of Business Economics, Management and Marketing 2018
ISBN
9788021091641
ISSN
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e-ISSN
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Number of pages
7
Pages from-to
26-32
Publisher name
Ekonomicko-správní fakulta MU
Place of publication
Brno
Event location
Brno
Event date
Jan 1, 2018
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000495441500004