Scribd
Upload
26 views

Print

This document summarizes a study on the role of patience as a decision-making heuristic in leadership. It finds that patience is an essential virtue for leadership, especially when it comes to making quality decisions under time pressure. The study uses a qualitative grounded theory approach to explore leaders' perceptions and experiences with patience in order to build an interactionist conceptual model of patient decision-making. It recommends that future research should further surface the concepts and relationships identified, include a more diverse population beyond business leaders, and use multi-method assessments rather than solely relying on self-reports.

Uploaded by

muhammad farhan
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
26 views

Print

This document summarizes a study on the role of patience as a decision-making heuristic in leadership. It finds that patience is an essential virtue for leadership, especially when it comes to making quality decisions under time pressure. The study uses a qualitative grounded theory approach to explore leaders' perceptions and experiences with patience in order to build an interactionist conceptual model of patient decision-making. It recommends that future research should further surface the concepts and relationships identified, include a more diverse population beyond business leaders, and use multi-method assessments rather than solely relying on self-reports.

Uploaded by

muhammad farhan
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 3

9/25/2017 Assignment

SUBMITTED TO: DR H Mushtaq Ahmed

SUBMITTED BY: Muhammad Farhan

ENROLLMENT NO: 01-121172-027

MBA 1.5 D (MORNING)


1|Page M Farhan

The role of patience as a decision-making heuristic in leadership


Summary

Patience is recognized as essential virtue especially in the context of leadership. In the context of
decision making, patience is primarily associated with correct timing. Time pressure often impacts
decision quality, patience is crucial in obtaining the desired decision outcome. Leadership is
characterized by 24 factors and patience is found to be one of the most significant element of the
leadership. Since time pressure is also involved in decision making, so there is inverse relation between
the amount of time to deliberate on a decision and the decision quality.

Some studies do not find a significant connection between time pressure and decision-making
effectiveness. Most importantly, the goal of any decision maker is to balance the demands for fast
decisions against the demands for decision quality. Consequently, there was a gap in the previous
literature about the role of patience in decision making. The purpose of this study was to explore
leaders perceptions of and experiences with patience and eventually build an interactionist model,
which depicts the process of decision making with patience by using grounded theory method.
Moreover, through an inductive approach, this paper bridges the gap between the conceptual arguments
and empirical findings by presenting an interactionist conceptual model that can improve the
understanding of patience in decision making.

Methodology

The current study was conducted using a qualitative approach as it aimed to explore leaders
perceptions and experiences with patience and eventually build a theoretical model in relation to the
role of patience in leadership. Because the aim of the study was to obtain insight into the experiences
of the participants in their own words, this study adopted a grounded theory research design.

Future Research

The findings of this study is considered as Exploratory Research, future research should focus
on surfacing concepts and their potential inter-relationships.
The sample taken for this study contains few leaders from business organization, future studies
should be organized to include other population.
The current study is only restricting to reliance on self-report measures of character strengths,
future research should be conducted to focus on multi-method assessment.
2|Page M Farhan

You might also like