Group Decision Making

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    San Mig Corp

    Transcript of SAN MIGUEL case study PROBLEM RECOMMENDATION PLAN OF ACTION and A. Soriano Company BACKGROUND OF THE STUDY In the early 1980s the San Miguel Corporation (SMC) and A. Soriano Corporation (ANSCOR)Group of Companies, under the leadership of Andres Soriano, Jr. addressed a long felt need for an effective formal planning system for the two companies. According to Soriano, the companies had developed their budgeting and long-ranged planning systems several years earlier but, despite

    Words: 891 - Pages: 4

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    Groupthink

    psychological principles to high level military, political and technical group decision- making in the history of experimental psychology. This had to have pleased its author who offered this formulation as a compelling bridge between principles documented by laboratory research and “real life” problems (e.g., Janis, 1971). As such the model “legitimized” the importance of decades of academic research on social influence and group process much of which focused upon perceptual and attitudinal judgments

    Words: 1384 - Pages: 6

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    Role of the Manager

    Should a decision be made, managers will be the one to make it. The practice of creating “empowered teams” is becoming more popular in the workplace. No longer is job security a major concern, but rather getting most out of the workforce by establishing empowered teams. Empowered teams are typically broken down into three kinds: (1) quality circles—groups of employees who focus specifically on quality problems in delivery of the products or services; (2) Total Quality Service (TQS) teams—groups of employees

    Words: 437 - Pages: 2

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    Decision Making

    what resources to make the right decisions for bowling center. There are five alternative solutions to approach: more advertising, offering incentives to customers during slow hours to increase sales, use the extra space and rooms to generate income by renting that space, closing the business during slow times, and put the business on the market to gauge potential profit from sale. Bateman and Snell (2011) stated that “It is important to understand why decision making can be so challenging” (p. 86)

    Words: 1085 - Pages: 5

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    Collapse of Sensemaking

    of 13 men in the Mann Gulch fire disaster, made famous in Norman Maclean's Young Men and Fire, is analyzed as the interactive disintegration of role structure and sensemaking in a minimal organization. Four potential sources of resilience that make groups less vulnerable to disruptions of sensemaking are proposed to forestall disintegration, including improvisation, virtual role systems, the attitude of wisdom, and norms of respectful interaction. The analysis is then embedded in the organizational

    Words: 13718 - Pages: 55

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    Organisation Behaviour

    SANRIZZ Organisational Power and Politics Power is the capacity to influence the behaviour of others Politics is when power is exercised First Dimension of Power (Defeat Resistance)The source of power is having control over scarce resources People controlling the resources can have power over others dependent on them Requires resources to be gathered This form of power is relational and the conflict is obvious Outcome of power: Enforce or encourage new behavioursLimits to power: Behaviour

    Words: 2355 - Pages: 10

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    Everest Tragedy 1996

    tragedy was overconfidence. Overconfidence occurs when leaders believe that their experience, abilities, skill, or maybe even luck, will allow them to overcome any challenge they face. Research has shown that such overconfidence can lead to poor decision making as leaders substitute their own personal skill for careful analysis of the situation and planning. Hall, in particular, may have been prone to overconfidence. He had reached the summit four times and had guided 39 clients to the top of Everest

    Words: 913 - Pages: 4

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    Buss 4 All You Need to Know Revision Notes

    make quick decisions - Efficient operation at minimum cost - Effectiveness of channels of communication - Identity of those involved in the decision making process IMPROVING COMPETITVENESS: Centralisation: - Limits number of people in the decision making process (only a few snr. executives) Advantages: - Quick decisions - Good day-to-day running and financial control - Standardised proceedures can be set - Good crisis management Disadvantages: - Lack of creative decisions - Bureaucracy

    Words: 1055 - Pages: 5

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    Paper

    established within a group in an attempt to enhance how it functions. In order to make this process work effectively, a vision for the group must first be developed. There has to be a clear direction with goals and objectives in which the group is trying to accomplish. Once you have set your goals and objectives and your group has a clear vision, you can begin to create norms and behaviors that are traditionally practiced. These norms are put in place to help the group accomplish its goals (Gershenfeld

    Words: 790 - Pages: 4

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    Teamwork

    Introduction In the contemporary world, teamwork has been an important way in organizational practice. It is applied to over 80 percent of Fortune 500 companies (Joinson, 2000) and widely used in most of countries at present. A team is described as “a small number of people with complementary skills who are committed to a common purpose, set of performance goals, and approach for which they hold themselves mutually accountable” (Katzenbach and Smith, 1993: 113). In the teamwork, the concerted

    Words: 1343 - Pages: 6

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