Article Making Sense of a Most Popular Metaphor in Management: Towards a HedgeFox Scale for Cognitive Styles Timo Meynhardt 1,2,*, Carolin Hermann 2 and Stefan Anderer 1,3 1 HHL Leipzig Graduate School of Management, Jahnallee 59, 04109 Leipzig, Germany 2 Center for Leadership and Values in Society, University of St. Gallen, Dufourstrasse 40a, 9000 St. Gallen, Switzerland;
[email protected] 3 Center for Advanced Studies in Management, HHL Leipzig Graduate School of Management, Jahnallee 59, 04109 Leipzig,Germany;
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[email protected] Received: 27 June 2017; Accepted: 3 September 2017; Published: 11 September 2017 Abstract: Research on cognitive style has gathered momentum over the past 40 years, especially with respect to learning, problem-solving, and decision-making. This investigation adapts Tetlock’s hedgehog–fox scale for German-speaking respondents through three large-scale studies (n = 17,072) and examines the influence of cognitive style on employees’ public value assessments of their employing organizations. Our data led us to propose a revised and more economical HedgeFox Scale. In contrast with Tetlock’s findings, our results provide empirical and theoretical arguments for a two-factor structure. This shift in dimensionality affects the nature of the construct and aligns hedgehog–fox research with the latest developments in cognitive style research. Our results contribute to the ongoing interest in the dimensionality of cognitive styles and support the call for a more diverse picture. Finally, we provide recommendations for individuals and organizations. Keywords: decision making; cognition; cognitive style; dimensionality; hedgehog–fox metaphor; public value 1. Introduction From Tetlock’s (2005) long-term study of political experts’ abilities to forecast future events, we know that cognitive style is associated with decision-making processes.