The Different Role of Information and Intuition in Strategic Decision Making between Mintzberg and Simon

Abstract

Information, intuition, and strategic decision-making are complex concepts in management of many knowledge fields such as economic, social, psychological, and human and behavioral sciences. There are various studies, which have been interested by in these concepts through regular methods to obtain knowledge and try to clarify the rules governing them, and knowing the interrelations between them according to scientific method. It is not yet reached to adjust and identify only some aspects of these concepts, the problem of strategic decision-making is still in constant evolution and a major challenge, especially with regard to the role of information and intuition in strategic decision-making. Herbert Simon and Henry Mintzberg are among the first to attempt to identify the relationship between these concepts and to address this problem.