Ways Managers Interpret and Act on Common Workplace Events: Implications for the Entrepreneurial Executive‪.‬

INTRODUCTION Performing the role of manager involves indentifying issues that require the attention of the manager, seeking guidance when necessary on how best to resolve the issues, making a decision as to what alternative course of action to take and implementing that decision. Some situations that are interpreted by a manager as routine, or of minor consequence, are resolved by decisions that are made quickly and often intuitively with little information search or analytic activity. Other situations are interpreted as more complex, novel or important and, therefore, require significant information search and analysis before action can be taken by the manager (Smith, Peterson, & Schwartz, 2002).