<abstract xmlns="http://www.w3.org/1999/xhtml"><p>This paper investigates the relationship between the dimensions of the decisionmaking process quality and company performance of top managers’ in Slovenia. We found out that companies whose managers exhibit an above-average dimension of openness of spirit in the quality of the decision making process, on average, have a higher stance on foreign markets as companies in which managers show a below-average open spirit. For the managers who work in companies that are present in foreign markets, we could confirm that there is a low/weak correlation between the dimension of effort of the decision-making process quality and the number of employees in a company.</p></abstract>

This paper investigates the relationship between the dimensions of the decisionmaking process quality and company performance of top managers’ in Slovenia. We found out that companies whose managers exhibit an above-average dimension of openness of spirit in the quality of the decision making process, on average, have a higher stance on foreign markets as companies in which managers show a below-average open spirit. For the managers who work in companies that are present in foreign markets, we could confirm that there is a low/weak correlation between the dimension of effort of the decision-making process quality and the number of employees in a company.

Dimensions of Decision-Making Process Quality and Company Performance: A Study of Top Managers in Slovenia

Naše gospodarstvo/Our economy

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

This paper investigates the relationship between the dimensions of the decisionmaking process quality and company performance of top managers’ in Slovenia. We...

Dimensions of Decision-Making Process Quality and Company Performance: A Study of Top Managers in Slovenia

Published Online: Dec 27, 2017

Page range: 66 - 75

Received: Nov 01, 2017

Accepted: Nov 01, 2017

DOI: https://doi.org/10.1515/ngoe-2017-0024

Keywords
quality of the decision-making process, rationality, motivation, participation, exhaustivity of the information, managers effort, creativity and innovativeness, company stakeholders, company performance

© 2017 Damjan Grušovnik et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Dimensions of Decision-Making Process Quality and Company Performance: A Study of Top Managers in Slovenia

Published Online: Dec 27, 2017

Page range: 66 - 75

Received: Nov 01, 2017

Accepted: Nov 01, 2017

DOI: https://doi.org/10.1515/ngoe-2017-0024

Keywordsquality of the decision-making process, rationality, motivation, participation, exhaustivity of the information, managers effort, creativity and innovativeness, company stakeholders, company performance

© 2017 Damjan Grušovnik et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Keywords
quality of the decision-making process, rationality, motivation, participation, exhaustivity of the information, managers effort, creativity and innovativeness, company stakeholders, company performance