TY - JOUR
T1 - The making of marketing decisions in modern marketing environments
AU - Nordin, Fredrik
AU - Ravald, Annika
N1 - Publisher Copyright:
© 2023 The Author(s)
PY - 2023/3/28
Y1 - 2023/3/28
N2 - Currently, marketing is undergoing a major shift driven by environmental disruptions and advances in marketing technologies. This shift has implications for marketing decision-making. However, research on how marketing managers navigate modern marketing environments’ complex, volatile, and data-intensive nature is limited. This study addresses this gap by qualitatively analyzing marketing managers’ decision-making processes in 15 companies. Using the naturalistic decision-making approach and the situative perspective on cognition and action as theoretical lenses, we identify three key characteristics of decision-making in modern marketing environments—namely, agility, inventiveness, and reflexiveness. Our findings provide empirically grounded insights into the cognitive and behavioral processes involved in marketing decision-making and contribute to a deeper understanding of how managers navigate—and respond to—modern marketing environments’ challenges.
AB - Currently, marketing is undergoing a major shift driven by environmental disruptions and advances in marketing technologies. This shift has implications for marketing decision-making. However, research on how marketing managers navigate modern marketing environments’ complex, volatile, and data-intensive nature is limited. This study addresses this gap by qualitatively analyzing marketing managers’ decision-making processes in 15 companies. Using the naturalistic decision-making approach and the situative perspective on cognition and action as theoretical lenses, we identify three key characteristics of decision-making in modern marketing environments—namely, agility, inventiveness, and reflexiveness. Our findings provide empirically grounded insights into the cognitive and behavioral processes involved in marketing decision-making and contribute to a deeper understanding of how managers navigate—and respond to—modern marketing environments’ challenges.
KW - 512 Business and Management
KW - decision-making
KW - managerial
KW - modern marketing environments
KW - situated cognition
KW - naturalistic decision-making
UR - http://www.scopus.com/inward/record.url?scp=85151076478&partnerID=8YFLogxK
U2 - 10.1016/j.jbusres.2023.113872
DO - 10.1016/j.jbusres.2023.113872
M3 - Article
SN - 0148-2963
VL - 162
JO - Journal of Business Research
JF - Journal of Business Research
IS - July
M1 - 113872
ER -