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How do Personal Values Relate to Strategic Thinking

Sjögren, William LU and Fredlund, Elina LU (2018) MGTN59 20181
Department of Business Administration
Abstract (Swedish)
In the light of globalization and a growing demand for handling complexity and uncertainty, the ability to think strategically is a vital asset for future managers. However, there is no consensus in the definition of strategic thinking. Nevertheless, many theorists suggest on a relationship between strategic thinking and personal values, though the detailed specifics in this connection is inadequate. The aim of this study is thus to investigate the correlation between strategic thinking and personal values in management students (N = 110) who aspire to become future managers. To examine the correlation, the students’ cognitive abilities are measured through an automated psychometric assessment tool, Cognitive Process Profile (CPP). The... (More)
In the light of globalization and a growing demand for handling complexity and uncertainty, the ability to think strategically is a vital asset for future managers. However, there is no consensus in the definition of strategic thinking. Nevertheless, many theorists suggest on a relationship between strategic thinking and personal values, though the detailed specifics in this connection is inadequate. The aim of this study is thus to investigate the correlation between strategic thinking and personal values in management students (N = 110) who aspire to become future managers. To examine the correlation, the students’ cognitive abilities are measured through an automated psychometric assessment tool, Cognitive Process Profile (CPP). The students’ personal value systems are measured in a self-assessed psychometric tool, Value Orientations (VO). The results from the correlation analysis between cognitive ability and personal value systems displayed hardly any statistically significant correlations, and the few correlations found were consistently very weak. Therefore, the findings from this study were insufficient in discovering any specific relationship between personal values and strategic-thinking. (Less)
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author
Sjögren, William LU and Fredlund, Elina LU
supervisor
organization
course
MGTN59 20181
year
type
H1 - Master's Degree (One Year)
subject
keywords
cognition, cognitive abilities, cognitive styles, cognitive process profiling, strategic thinking, decision making, problem solving, values, value systems, value orientation, correlation analysis.
language
English
id
8959336
date added to LUP
2018-10-02 11:59:03
date last changed
2018-10-02 11:59:03
@misc{8959336,
  abstract     = {{In the light of globalization and a growing demand for handling complexity and uncertainty, the ability to think strategically is a vital asset for future managers. However, there is no consensus in the definition of strategic thinking. Nevertheless, many theorists suggest on a relationship between strategic thinking and personal values, though the detailed specifics in this connection is inadequate. The aim of this study is thus to investigate the correlation between strategic thinking and personal values in management students (N = 110) who aspire to become future managers. To examine the correlation, the students’ cognitive abilities are measured through an automated psychometric assessment tool, Cognitive Process Profile (CPP). The students’ personal value systems are measured in a self-assessed psychometric tool, Value Orientations (VO). The results from the correlation analysis between cognitive ability and personal value systems displayed hardly any statistically significant correlations, and the few correlations found were consistently very weak. Therefore, the findings from this study were insufficient in discovering any specific relationship between personal values and strategic-thinking.}},
  author       = {{Sjögren, William and Fredlund, Elina}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{How do Personal Values Relate to Strategic Thinking}},
  year         = {{2018}},
}