Improving Decision Making
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You have been asked to speak on the topic of the impact of organizational culture on decision making to a group of executives. In a five to six paragraph speech, discuss the following:
The impact of organizational culture on the decisions that would have to be made for your company.
What happens when an organization changes its strategy? Support your answers with specific examples.
What happens when two organizations with different cultures merge? Support your answer with actual examples.
Your discussion should:
Summarize the role of decision making in business.
Discuss common biases in decision making.
Apply critical thinking skills to analyze business situations.
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The response addresses the queries posted in 745 words.
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The response addresses the queries posted in 745 words.
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The response addresses the queries posted in 745 words.
//In this paper, we will discuss about organizational culture and its impact on the decision making process of an organization. The paper will also discuss about what happens when an organization changes its strategy. The discussion will also throw light in explaining what will happen when two organizations from different culture merge.//
Introduction
Organization culture can be defined as assumptions, value, norms, artifacts and beliefs of an organization, which are shared by the organizational members in order to accomplish goals and objectives of the organization. It is very important to have a brief understanding of organizational culture in order to control the way in which the members of an organization interact with each other and stakeholders from outside the organization. Organizational culture is of two types: strong and weak culture (Witte & Muijen, 2000).
Organizational culture has a great impact on the decision making process of an organization. It reflects the accessibility and the ways in which decisions are made by the management. It can be better understood by saying that the decision making process of an organization ultimately improves when the organizational culture is healthy and supportive in nature. This is because, strong organizational culture empowers all levels of people within an ...
Education
- MBA (IP), International Center for Internationa Business
- BBA, University of Rajasthan
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