R. DUANE IRELAND, MICHAEL A. HITT, AND J. CLIFTON WILLIAMS
To make the tough decisions necessary in today’s global business environment, managers must develop the self-confidence to take the risks often involved.
Managers in today’s organizations face complex, turbulent, and challenging decision environments. Among other conditions, U.S. firms are now confronted with significant global competition. In recognition of these realities, and particularly in light of the impending globalization of marketplaces, it has been suggested that:
• innovativeness is necessary for U.S. companies to regain—and retain—a prominent role in the world’s economies; ...