1. In the scenario, the role of Nik is you. A current employer or an organization with which the student is familiar, is the organization represented by Alex, Nik (the student), and Chris.
2. Identify the mission of an organization, including but not limited to applicable portions of a mission statement to assist with critical thinking and decision making for this business scenario.
3. The focus should be on preliminary considerations for your organization in order for that organization to establish a greater presence on Kava.
4. Define the issues that appear in this business scenario as they relate to your organization. Remember to identify which are probable symptoms and what problem or problems those symptoms suggest.
Keep in mind and clearly identify the nature of your business, and those aspects of the business operations that might be relevant to the Kava situation. Do not forget to cite sources for business information or the Kava scenario.
b. Discuss the forces that are involved in formulation of the problem (the global problem being, how can one establish one's organization on Kava, and what are the problems in doing so or that may be caused if one does so?).
c. Use problem formulation tools and techniques; describe the organizational environment obstacles in a way that considers various key stakeholders that will be impacted by decisions you may make.
d. Apply critical thinking in the decision-making process, but remember that the decision-making process begins with problem framing and analysis of symptoms.
E. Determine factors affecting decision implementation in the organization and the factors affecting your proposed solutions.
Evaluate resources and actions required for implementation of your proposed solutions.
Evaluate the ethical implications of your proposed solutions from stakeholders' perspectives.
Here is your updated solution. The introduction discusses the basic ideas behind decision making, applied here on a design of a proposal on a marketing idea/problem for Toyota's marketing dealership in KAVA. The factors affecting the proposed solutions as well as ethical implications from the point of view of Alex tells his worries on the reaction of stakeholders & his personal ideas on social responsibility through his work. Critical thinking is used by Nik in designing his proposal, putting together key trends as well as the limit of his resources and the available areas he can explore to extend/create a new market. I did not include 'Chris' as a player since the business proposal revolves around Nik & Alex but if you like, you can make Chris a co-intern & co-presentor of Nik's. I have attached the earlier solution. You can use this as a reference as well. Good Luck!
Critical Thinking in Decision Making: Business Ideas
Bill Gates once remarked that he approached business ideas by looking at it through various angles: probing, analysing, validating, justifying, remodelling ---- as he would any of his software programs. The key, he advised is putting together a personal philosophy that is informed by decision making strategies. A business then is essentially a problem waiting to be solved so it can be implemented right. Identifying and evaluating choices is what decision making is all about. In our daily lives we make decisions that have far reaching impacts that what we originally intend it to be either by routine, impulse or by reason. Driving to work is a routine decision while writing with one's right hand is an impulse. A reasoned decision is one that requires an analysis and much thought, like for instance buying a house. At times though impulse overshadows reason. For instance a young couple's impulsive tryst results into a pregnancy that results into a rather impulsive marriage. Due to factors of youth, immaturity & instability (brought about perhaps by financial & emotional reasons), the marriage quickly breaks down leading to another set of difficulties for the impulsive couple & their now offspring. A reasoned decision sometimes does not bode well with the personality of an individual or the culture that he/she is raised in. For example, once a ...
This solution presents two scenarios that adopts the use of critical thinking & decision making skills as well as a creative manner by which a solution is created to implement projects that follow a set of guidelines & principles expected to fit into recent trends while taking into account the various viewpoints of stakeholders & other players.
Decision Making Process: Individual Vs Group
(Scenario) The CEO of your company has been extremely frustrated with what has been occurring within the organization lately. In a recent managers meeting he exclaimed,
"Everyone around this place just follows the status quo. No one ever has any unique ideas on how we can make this organization better. You just sit here and wait for me to give you directions on what to do. Then you follow those directions word-for-word without asking any questions or making any improvements. We need to change this attitude and change it quickly."
He then pointed out each of your group members stated, "I'm assigning you all to a working group. Your goal is to help me fix this problem. I want you to work together, do some research, and come up with concrete ideas and suggestions to fix this problem."
Your group must do analysis, have discussions (either via the small group chat or discussion board) and come to a consensus to prepare a report (paper) that addresses the following:
Part 1 - Define the term "group" after discussion with your fellow team members. Avoid repeating a dictionary definition. For this scenario what would constitute a "group"?
Part 2 - Are there any differences in how individuals and groups make decisions? If so what are they?
Part 3 - Identify the applicable decision concepts (theories, principles, paradoxes, etc.) from our learning all semester (not just the group decision concepts identified in Unit 5) that your group believes will best explain what is occurring within the organization. Be sure your group provides rational to support each of the concepts your group identifies.
Study Material The Psychology of Judgment and Decision making(Plous) Chapter 17-18 and earlier theories and thoughts concerning Decision Making concepts.
Part 4 - Identify at least three (3) recommendations (from your group to the CEO) that will help him improve or overcome the current decision making conditions within the organization.
thank you for your insight and professional thoughts.
very important group assignment. Best Regards