...Decision-Making Process Sandra Wilton MGT/230 August 29, 2013 Pat Chatman Decision-Making Process My journey thinking about college was very long with many years of dreaming to enroll in school. There was always something in the way of me getting my education. Graduation was over 35 years ago in 1976. I found myself not being able to move up in jobs because I did not have a degree. Everything I applied for needed that piece of paper. Being a single Mom and raising a daughter it just was not in the cards for me to attend school. There was also another fear that it may be too hard and that passing would be too much of a challenge. I found myself being very hard on myself and talking my way out of pursuing my dream. My son came along fourteen years later and now I had two children and no extra time or money. The dream continued and my daughter graduated from college. Being so proud but still feeling that void. My son registered for college and had a year under his belt. I decided I needed to at least look into it and see what it may take for me to enroll. Being excited and scared I thought my turn is going to happen so the call went into University of Phoenix as well as others and my goal began. I was in step one of my biggest decision. Step two was determining which school would be my choice. Several schools were looked at and University of Phoenix was chosen and my life was to be different from now on. Working through steps three...
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...Colin Powell MGT 230 Colin Powell Paper General Colin Powell is a retired Joint Chiefs of Staff and over the last decade or two is considered an exceptional leader. Many people in all walks of life and industry admire him and try to look to him for inspiration when leading people in calm moments and in crisis situations. He has shown his leadership abilities during war and times of peace. He has a wealth of knowledge and insight as a leader and can help anyone who is striving to be a people manager or is currently in any position of managing people. It does not matter what setting or situation you are managing in, his experiences will translate. Slide One As I read through the Colin Powell leadership slides provided I found three of them that really remind me of situations I found my self in at one time or another. The Lesson One slide I can really relate to the quote that General Powell uses. I have been in retail management for 17 years and I have had the opportunity to manage hundreds of employees, managers, and supervisors. Whether a manger realizes it or not, being a manager does not only mean you lead people under your direct supervision, but you also have to manage your co-managers and superiors above you. This is especially true in a corporate setting. Good leadership does not mean you have to please everyone around you. There will be times when you have to make difficult decisions. Recently, I found myself in a situation in which I had to make a difficult...
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...Organizational Structure Paper Kristin Arzaga MGT/230 August 28, 2013 Organizational Structure Paper Daimler Truck is widely regarded as the world’s highest quality truck producer. The customer base of the Daimler truck company includes nearly every country in the world. The parent company, Daimler AG distributes a total of more than 100 individual vehicle designs, including cars, vans, trucks, and buses in about 200 countries throughout the world. The models represented by Daimler incorporate Mercedes Benz, Mitsubishi Fuso, Western Star, Orion bus, Thomas Built Bus, Detroit Diesel as well as Freightliner. Daimler Trucks North America (DTNA) is an associate of the Daimler group and works as a different organization from Daimler AG. This is to detach the automotive category from the truck category and let each company focus on their specialized product lines. This is a classic example of a divisional style organization and this paper will use The Daimler Group to describe organizational structure, functions, and design ("Daimler", 2013). The history of DTNA with Daimler goes as far back as 1981, when Freightliner Corporation was purchased by Daimler-Benz of Stuttgart, Germany. By using the expertise and fiscal power of Daimler-Benz Freightliner rose to leadership of the United States heavy-duty sector. Daimler Trucks North America is closely aligned with Daimler's international commercial vehicle strategy. Daimler Trucks North America models support the crucial NAFTA...
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...Decision-Making Process Oval Campbell MGT230 November 24, 2014 James Tusten Decision-Making Process Decisions involves a huge thought process and takes a lot of patience before finalizing a decision. My girlfriend and I are going through an important change as we speak; moving into a bigger apartment. Any vital decision entails stages to guarantee that everything is completed in the correct manner. In my case, many stages will be repeated and changed before moving to the next stage. I am not following any kind of proper process because steps to moving can change at any time. A couple of months ago my girlfriend and I decided that it is time to move into a bigger apartment or rent-to-own a home. We are in the middle of eliminating the wants and needs in the decision of the bigger apartment. The first step is to establish an affordable rent range that we feel comfortable and flexible with. We agreed that the range should be somewhere between $1,200 and $1,500 for either a large one bedroom or 2 bedroom apartment with 1 or 2 bathrooms. The next step is the searching and using all sorts of websites to find such apartments that are decent, recently renovated and near various public transportation. This is a very difficult step because some websites are fraud or set up scam apartment flyers. We are also trying to avoid looking for apartments through realtors and brokers because it costs us more money to move into the apartment, which means it will take longer to save...
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...Decision Making Process Purchasing a home is a decision that was made hoping it would be the best investment at the time. With the steps I have learned through this book, I realized it was not the best decision. The stages I would have followed would probably make it easier, but with any decision there is no guarantee it would be the best outcome. The six stages are identifying and diagnosing the problem, generating alternative solutions, evaluating alternatives, making the choice, implementing the decision, and evaluating the decision. In the first step I would identify and diagnose the problem which was wether to purchase a home. I had just returned from Iraq and was ready to have a place of my own where I would settle with my family. Generating an alternative solution was considered and reconsidered. I had the option to get a house on base, but I would lose the housing allowance I would receive of $955. At the base housing I would not have to pay for power, garbage, water, or the house for that matter. A house near the base would have cost around $550 mortgage payment. Then I also had to consider other payments such as water, garbage, power, and cost of fuel to get on base. It came out about the same per month. That is why I made the choice of purchasing a home outside of base in Hope Mills, N.C. The choice I made was mainly decided on the peace of mind of being away from related work. In implementing the decision I realized some things would not work out....
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...Decision-Making Process People should make decisions nearly every day, some of those decisions are easy to make, while others are quite difficult to implement. Appropriately combined and organized decision-making process will help to control this issue and bring positive outcomes for people enrolled in it. In this paper I will provide decision-making process when I had to make a personal decision, such as enrolling in college. People face a wide range of opportunities every day, as well as certain challenges supporting this process, and the most difficult thing in the life of a person finishing school is to become enrolled in college of his or her dream. The decision-making process may become challenging for people due to “the lack of structure and entail risk, uncertainly and conflict” (Bateman and Snell, 2012, p. 86). That is why people trying to make some important personal or professional decisions should have some appropriate model to follow in order to avoid such challenges. Bateman and Snell identified six steps or stages pf decision-making process which may be attached to any problem or decision. First, it is necessary to identify and analyze the problem. My problem was the enrolling in college, as I wanted to enter some specific college helping to build my future professional career. In order to diagnose this problem, I analyzed my past, present and future implications and experiences helping to make the right choice. I took into consideration not only my preferences...
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...Planned agenda is to meet the team and take a quick stock of where the project is currently posed and the what needs to be done immediately in the form of resources and stock taking . Agenda: Meet up with Jerry Stein to update about the current status of the project Look up the project plan drawn up initially and the data flow diagram including the flow chart of the first flag off the project Understand the failing and blockades Look for visible derailments Study performance metrics of team Meet up with team to understand the modality of the working of the project Elicit feedback as to what went wrong Ask team to put in their views on project failure and how it should have been dealt Draw new project schedules, objectives and time lines after consultation with team. Introduce new leadership buy ins through identification of accountability. Collect accounting records and go in for a huddle with the finance lead of the team Look up vendors and supply bills and their quotations Call for an emergency meeting with the technical team . Empower team members to set up their own objectives in consultation with the project manager Ask for commitments Set up reward and compensation metrics for good performances. Set up clear cut deadlines and ask for commitments on performance deals . Outline: 1. Introduce the new leader and project manager of the Midwest Project 2. Alignment of strategy to objectives: 3. Communication of leadership interpersonal strengths...
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...Decision-Making Process Paper BCOM 275 November 11, 2013 Professor Mathew Buying my home was one the important lifestyle and financial decisions I had to make. The emotional highs, lows, and experience of purchasing my home depended on how well I did my own research; talking with different homeowners, doing Internet research, looking at used and new homes, weighing the pros and cons of buying new versus buying and older home and visiting different homeowner builder. My decision-making process of finding the right home took approximately two week. During my two week causative research, I used the below listed seven step process decision making process. Deciding to buy a New Home During the time I brought my home I was working overseas and during tax time I owed the Government anywhere from 5-10 thousand dollars a year. My tax advisor advise me on the different ways of getting a tax break like buying a new home, so to offset my taxes I decided to buy a home, near my mom, so she could watch the home while I was overseas. Not only did I save money on taxes my home is also a great investment that provided equity buildup, specific financial gains, value appreciation potential and the sense of pride of being a homeowner. Finding a Builder Instead of finding a real estate agent, I did a causative research...
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...Corporate Strategy Analysis Discussion Summary Corporate strategy pinpoints the set of businesses, marketplaces, and productions in which the organization competes and the distribution of resources between those business. There are four basic alternatives when using corporate strategy in the planning function of management. They are conglomerate diversification, concentric diversification, vertical integration, and concentration. When viewing the Destination CEO videos about Southwest Airlines, VF Corporation, Coco-Cola, and Xerox, team D converse and individually summarize the corporate strategy used by each company. When other Airlines tussle to sustain profits due to the growing price of oil and gas, Mr. Gary Kelly CEO of Southwest Airlines succeeded profits to keep the company a float as one of the most money-making airlines in the country. Although he did not want to become CEO, because of the great stress, anxiety, and high pressure of the position, Mr. Kelly turned out to be a very remarkable leader and director. Mr. Kelly would travel in the rear of the airplane speaking to clients while taking notes of their objections and expectations. Team D agreed that Mr. Kelly used concentration strategy to focus on the airline industry to endure the company’s cost-effectiveness. Mr. Kelly ideal was to keep cost low, fly the same 737 aircrafts that way maintenance was easy and routine, and to treat all customers and employees with royalty. This plan helped Southwest...
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...Decision Making Process Ashley Lopez MGT 230 University of Phoenix September 26th, 2013 The decision making process used by the student is one which focuses on the pros and cons of the decision needed to be made and potential consequences of the decision whether they are positive or negative. When purchasing a new vehicle the student had to base her decision on the financial obligations it would take in order to be able to afford the new car and whether or not it would take from other financial obligations she already had. The first process in the student’s decision making process was to identify the pros and cons of purchasing a new car. the pros were that the student would have better and more reliable transportation than her current vehicle, the costs of repairing her current vehicle would decrease to none because the vehicle would be new and the potential for the vehicle to break was slim to none, the new vehicle would have more space and a warranty as well. The cons of purchasing a new vehicle for the student was that the new vehicle’s payments would be more than her current vehicle which meant less money for luxury items and the increase in cost of insurance for the new vehicle. The pros clearly outweighed the cons in this matter. The second step was to determine which vehicle would be most suitable for the student and hr child. Once the student chose the vehicle she wanted, she then searched the area for the best deal, although not sacrificing quality for price...
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...Organizational Structure Collaborative Discussion Buckleigh Brown MGT/230 6/15/20105 Lastacy Whitman As a whole the team watched the video and then when it came to the organizational structure of different companies it looks like we see that the functional organization style seems to be the most desired for large companies. You have the business broken down into different department and within those departments you have a department head that report directly to the chief executive officer or the owner and he decides the direction and policy that will be implemented within each department and then the department heads disseminate that information or policy back down through their respective department. The cons of this though would be a department to start thinking autonomously and now looking at how their department is part of the whole. We also saw how a divisional organizational style seems to be good for sales type companies. Instead of departments you have regions and within those regions you have areas with a single manager in each that reports up. You would have to have the managers to be knowledgeable about all aspects of the company do to the fact that they are responsible for the performance of the whole area or region. If you have strong leadership you can really tell as a chief executive officer or an owner what regions are doing better than the others and it forces managers to spotlight their leadership. The cons of this type of structure is if you have weak managers...
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...The Decision-Making Process MGT/230 Management Theory and Practice 1 September 2014 Michael Dillhyon Jr. University of Phoenix The Decision-Making Process When it comes to making a decision that may affect a person, small group, or organization’s welfare or success, one must understand the decision-making process in order to make a sound and well thought decision. Whether the decision is for personal or professional reasons, the decision-making process is very important in assisting in making the right decisions. Over one year ago, I purchased a home for my family and I in Arizona while we were living overseas in Japan. Although I had planned everything to the best of my ability, I did not use the six stages of the decision-making discussed in Chapter three of this week’s text (Bateman & Snell, 2011). Identifying the Problem In late 2012, my family and I were residing in Okinawa, Japan under military orders and were in the process of preparing to return to the United States for my next duty assignment in Yuma, AZ. Knowing that my tour in Yuma would be my last because I had already made the decision to retire once I reached twenty years of service, I wasn’t sure that I wanted to buy a home and stay in a small town with a high un-employment rate like Yuma, AZ. I discussed the issue of buying a home with my wife and we both weighed-in the pros and cons in buying a home in Yuma or somewhere else. Being originally from Phoenix...
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...Decision-Making Process Paper MGT/230 Decision-Making Process Paper Important decisions are made daily within my life that will ultimately affect my future. Lifelong challenges which include career path choices, personal wellbeing, and lifetime goals are constantly evaluated; seeking to achieve a greater result. The ideal decision-making process as described in (Management: Leading & Collaborating in a Competitive World) Bateman and Snell (2011) includes six stages: * Identify and diagnose the problem * Generate alternative decisions * Evaluate alternatives * Making the choice * Implementing the decision * Evaluating the decision I use this method to make decisions and evaluate all possibilities before implementing the idea into an action. When I decided to go back to school, I had the option to continue with my last employer to change for a lighter workload while attending. I did not want to limit myself to my previous hourly wage and position. I look at all alternatives before deciding to focus on school and obtaining my real estate license to establish another source of income. Implementing decisions are challenging in the sense that you may face opposition towards changes. (Decisions are likely to attract varying degrees of opposition, ranging from mild dissent to outright resistance.) ("Laynetworks", n.d) Once an idea is implemented into my daily life, I constantly evaluate my situation to determine if my actions are leading to my overall...
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...Corporate Strategy Analysis MGT/230 April 30, 2015 Corporate Strategy Analysis All corporate system distinguishes the arrangement of organizations, markets, or commercial ventures in which the association struggles and the distribution of assets among those organizations. The four fundamental options when utilizing corporate technique as a part of the arranging capacity of administration are fixation, vertical joining, concentric enhancement, and, aggregate expansion. After reviewing the Destination CEO videos, in regards to Xerox, Coco-Cola, VF Corporation, and Southwest Airlines, the group talked about the different techniques utilized by each organization. Coco-Cola After 35 years as CEO of Coca-Cola, Neville Isdell retired from the company in 2001. In the process of leaving Coca-Cola, deals started to drop, high-turn-over rate turned into the standard, and low confidence weakened the organizations future. “The high profile and notoriously meddlesome Coca-Cola board, which drove out two lackluster management teams, pulled Isdell back” (n.d.). Isdell’s goal was to compete with a different contender like Pepsi. The company moved into the fast food and snacks industry. Moreover, Pepsi ventured into new businesses with Frito-Lay and Gatorade. The company purchased the brand Vitamin Water, which helped the company jump into the non-carbonated drink division. The company created “Coffee-flavored Coke Blak, and Enviga, a carbonated green tea, are the latest new...
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...Organizational Structure Bridgette R. Miller MGT/230 March 1, 2013 Organizational Structure Since the beginning of organized business, owners and managers have had to delegate power and responsibilities. When doing this, managers have three different organizational structures to choose from. These options are functional structure, divisional structure, and matrix structure. Each structure has its own set of guidelines, as well as advantages and disadvantages. Knowing the aspects of all three structures can help a business run more efficiently. There are different ways an organization can divide its power, abilities, responsibilities, and roles. The way they choose to organize is called "organizational structure." It is important to know about organizational structure, especially if you are, or planning to become a manager. Knowing the way your company operates will help in planning and in delegating responsibilities. Even if you are not a manager, it is vital to know your own job responsibilities, and know who you are supposed to report to. "As the tasks of organizations become increasingly complex, the organization inevitably must be subdivided—that is, departmentalized —into smaller units or departments" (pg287). Functional Organization In a functional organization, "departments are specialized and grouped according to business functions and the skills they require: production, marketing, human resources, research and development, finance, accounting...
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