Assistant Prof. Christian Johansson Askling and Associate Prof. Andreas Larsson, Blekinge Institute of Technology, Sweden, together with Prof. Åsa Ericson and Dr. Johan Lugnet, Luleå University of Technology, Sweden, are guest editors for a special issue of the International Journal of Product Development. The purpose of this special issue is to explore the ways in which […]
Read MoreOn knowledge maturity and biased nature of staged decision making in a high consequence industry
- 25th May 2018
- 1 Comment
ABSTRACT This paper explores and problematizes decision-making in a high-consequence industry which is characterized by the stage-gate process. We showcase that decision-makers do not differentiate between the types of knowledge used for modelling decisions and calculation of risks. This makes them susceptible to incorporating cognitive distortions—biases—into the stage-gate process. We conclude by amending the risk […]
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