How much information to consider when choosing action to change? The impact of managers' promotion versus prevention focus
In: Journal of managerial psychology, Band 39, Heft 2, S. 202-214
ISSN: 1758-7778
PurposeThis research sought to understand better how readily managers choose action to change the status quo. Specifically, in experimentally manipulated ambiguous situations, I examined the effect of managers' promotion and prevention focus on how much information they wish to review to help them choose.Design/methodology/approachI developed a novel experimental paradigm and applied it in a sample of 157 managers. Managers faced choosing action (change the status quo) versus non-action (keep the status quo), and I test under which circumstances they want to review more information that they believe will help them choose effectively.FindingsThe experiment showed evidence that (1) managers with a prevention focus want to review more information when they are trying to assure that they do not choose action erroneously; (2) managers with a promotion focus want to review more information when they are trying to assure that they do not choose non-action erroneously.Originality/valueThis research provides an original perspective on a managerial decision-making phenomenon. It goes beyond managers' choice preferences to examine a practically relevant outcome of the process of deliberating about taking action to change the status quo.