Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

The Role of Intuitive Decision Making, amongst Workforce Executives, Across Generations


Affiliations
1 Department of Psychology, Symbiosis International (Deemed University), India
     

   Subscribe/Renew Journal


The following research paper aims to study the role of intuition, and the impact it has on the workforce, specifically pertaining to decision making, and studying the generational differences within this context. The study is conducted amongst executives who have worked and managed a team, within their career experience. The population was taken in Chennai, and Pune, where a total sampling of 31 individuals responded to the questionnaire, sent out by the researcher. The study adapted the questionnaire from a pre-existing scale, namely, the ‘Rational Experiential Inventory’ or the ‘REI’. In particular, a developed version of the ‘REI’, namely the ‘REI-40’, was used to formulate a new questionnaire. The questionnaire was sent out on google forms, arranged in a Likert scale format of options ranging from ‘strongly agree’ to ‘strongly disagree’, along with a separate section for the consent form. The two proposed hypotheses statements consist of; 1) The role of intuition has a positive effect on decision making, 2) The role of intuition is preferred amongst the older generations, as compared to the younger generation. The responses were then analysed through descriptive statistics, where they were specifically tested through the z test, to see whether the null hypothesis could be rejected, to indicate the validity of the proposed hypotheses. It was concluded that the second hypothesis should be rejected due to the statistical insignificance, and the first hypothesis could be affirmed, from the Likert scale analysis.

Keywords

Intuition, Workforce, Generational Difference, Decision Making, Likert Scale.
Subscription Login to verify subscription
User
Notifications
Font Size

  • E. Dane and M. Pratt, “Exploring Intuition and its Role in Managerial Decision Making”, Academy of Management Review, Vol. 32, No. 1, pp. 33-54, 2007.
  • E. Dane, K. Rockmann and M. Pratt, “When should I Trust My Gut? Linking Domain Expertise to Intuitive Decision-Making Effectiveness”, Organizational Behavior and Human Decision Processes, Vol. 119, No. 2, pp. 187-194, 2019.
  • M. Sinclair, and N. Ashkanasy, “Intuition: Myth or a Decision making Tool?”, Management Learning, Vol. 36, No. 3, pp. 353-370, 2005.
  • M. Martinsuo, “Project Portfolio Management in Practice and in Context”, International Journal of Project Management, Vol. 21, No. 6, pp. 794-803, 2019.
  • W. Ritchie, R. Kolodinsky and E. Eastwood, “Does Executive Intuition Matter? An Empirical Analysis of Its Relationship with Nonprofit Organization Financial Performance”, Nonprofit and Voluntary Sector Quarterly, Vol. 36, No. 1, pp. 140-155, 2007.
  • E. Sadler-Smith and E. Shefy, “The Intuitive Executive: Understanding and Applying ‘Gut Feel’ in Decision-Making”, Academy of Management Perspectives, Vol. 18, No. 4, pp. 76-91, 2004.
  • E. Salas, M. Rosen and D. DiazGranados, “Expertise-Based Intuition and Decision Making in Organizations”, Journal of Management, Vol. 36, No. 4, pp. 941-973, 2009.
  • H. Yu and P. Miller, “Leadership Style”, Leadership and Organization Development Journal, Vol. 26, No. 1, pp. 35-50, 2005.
  • S.A. Keaton, “Rational Experiential Inventory-40”, Wiley, 1999.
  • Stephen Leybourne and E.S. Smith, “The Role of Intuition and Improvisation in Project Management”, International Journal of Project Management, Vol. 24, No. 6, pp. 483-492, 2006.
  • J.S. Albrechtsen, C.A. Meissner and K.J. Susa, “Candetection performance”, Journal of Experimental Social Psychology, Vol. 45, No. 4, pp. 1052-1055, 2009.
  • B. Szaszi, “The Role of Expertise and Preference Behind Individuals Tendency to Use Intuitive Decision Style”, Journal of Applied Research in Memory and Cognition, Vol. 5, No. 3, pp. 329-330, 2016.

Abstract Views: 248

PDF Views: 0




  • The Role of Intuitive Decision Making, amongst Workforce Executives, Across Generations

Abstract Views: 248  |  PDF Views: 0

Authors

J. Keerthana Velmurugan Aggappa
Department of Psychology, Symbiosis International (Deemed University), India

Abstract


The following research paper aims to study the role of intuition, and the impact it has on the workforce, specifically pertaining to decision making, and studying the generational differences within this context. The study is conducted amongst executives who have worked and managed a team, within their career experience. The population was taken in Chennai, and Pune, where a total sampling of 31 individuals responded to the questionnaire, sent out by the researcher. The study adapted the questionnaire from a pre-existing scale, namely, the ‘Rational Experiential Inventory’ or the ‘REI’. In particular, a developed version of the ‘REI’, namely the ‘REI-40’, was used to formulate a new questionnaire. The questionnaire was sent out on google forms, arranged in a Likert scale format of options ranging from ‘strongly agree’ to ‘strongly disagree’, along with a separate section for the consent form. The two proposed hypotheses statements consist of; 1) The role of intuition has a positive effect on decision making, 2) The role of intuition is preferred amongst the older generations, as compared to the younger generation. The responses were then analysed through descriptive statistics, where they were specifically tested through the z test, to see whether the null hypothesis could be rejected, to indicate the validity of the proposed hypotheses. It was concluded that the second hypothesis should be rejected due to the statistical insignificance, and the first hypothesis could be affirmed, from the Likert scale analysis.

Keywords


Intuition, Workforce, Generational Difference, Decision Making, Likert Scale.

References