Kate begins at Donaldson Family Foods with the task of creating a proposal for the company to move forward with a new portable cooking bag. Most business people will follow a solid stream of logic using the rational model. They begin by finding a problem which needs to be solved. Once the problem is identified, they gather all information necessary to help formulate various solutions to the problem. They then evaluate each solution through a set of predetermined criteria to identify the best solution to the problem and implement it. It is assumed that they have the information necessary to make the decision, they have the ability to make the decision, and the group as a whole has an agreed upon vision of what needs to be done. (Miller, 2015). Keyton and Shockley-Zalabak (2010) describe on page 17 that Kate already had the budget, timeline, and rationale worked out for the proposal. With the information from the focus group research, she would have an easy “go” from SMART. As Kate has been asked to create the proposal, she is in the position to make the decision before SMART finalizes it. The group (SMART and Kate) have an agreed upon deadline and vision for the product launch. Kate should first ask herself what problem the insulated cooking bag will solve. This is what will drive her proposal. She knows the product will be launched alongside “new prepackaged specialty picnic foods”. (Keyton and Shockley-Zalabak, 2010). When on a picnic, the customer will want their foods
Before making an important decision, it is very important to set up clear goals of the decision. In the prompt, the town of Surette must decide whether to convert the abandoned building into a private office space or a new community center. The town has developed two distinct goals they want to accomplish through the decision. One of the goals is to gain revenue from the conversion of the building. The other goal is to increase the standard of living for the citizens of Surette. This is a very difficult decision because each option has its strengths and weaknesses. Nevertheless, we can simplify this decision by employing the rational decision making model discussed in our textbook. In order to reach a rational decision, I will review the information provided in the
Rational decision is a state of being agreeable to reasons. The correct decision is not just reasoned but it is also optimal for solving a problem. Mr Weekes, the operation manager, employed series of analytical steps to review possible outcomes for problems by discussing it with managers to come up withdevise particular courses of action.
She makes the decision to stop investing her economic resources in an unfruitful endeavor and sends Wes to military school. The steps she takes resulting in Wes attending military school depicts the five step decision making model process mentioned in our textbook. The decision making model is an outline of steps an individual uses to recognize a problem and determine appropriate solutions for that problem. The steps to the decision making process model are: Recognizing existing needs, Identifying alternatives to meet those needs, evaluating the alternatives, selecting and implementing those alternatives and reflecting on the resulting outcomes (Moore & Asay,2013,p. 8).
The service learning activity that has been the most meaningful to me is the Backpack Program. Over the past four years, I have been involved with the Beta Club which is a big contributor to the program. The reason this activity is so meaningful to me is because if affects the peers in my schools who are in need. Every year we are told a story about a student who was receiving items from the program. One afternoon while selecting items, he picked some bananas and stated "My little sister will be exited about these. We have not had fresh fruit at house in over a year." Every time I here that story, it motivates me to help out my fellow Chase High Students. Not only do I bring food, but I bring necessities that someone would need to maintain
Managers make many decisions every day. Thankfully there are many tools available to a manager as they make these decisions. Tiffany is a General Manager of a franchise in the quick service restaurant industry. She is faced with decisions dozens of times in one day. A large portion of the decisions that she is faced with are made to solve structured problems, however, sometimes an unstructured problem does arise that she needs to address. As well as solving problems Tiffany must also make plans to in order to have structure and organization to achieve the goals set forth by herself and the company that she works for. Looking at some of the decisions that Tiffany has had to make recently it can been seen how she goes about solving
The rational goal model emphasises control and an external focus and views planning, goal setting, productivity and efficiency as effective. Innocent employ experts in all areas from web designers to nutritionists to sales representatives which means everyone works in their specialized field to get the best possible outcomes for the company. This is important as in some
After reading through the problems Fresh Ideas is experiencing, it can be determined that Fresh Impressions has established a need for information. However, Stead has not put into words what the objectives are and what information is needed to meet these objectives. Stead should be asked questions such as: who is the competition for Fresh Impressions? Are competitors using nutritional labeling? What products are not selling well for Fresh Impressions? Do customers currently request nutritional information? Asking these questions could determine that the project objectives are: 1. Determine which Fresh Impressions products would increase sales with added nutritional labels, 2.
Decisions are shared between all employees utilizing the rational decision-making model. Greenleaf, R. K. (1998) noted, servant-leadership advocates a group-oriented approach to analysis and decision making as a means of strengthening institutions and of improving society” (p. 9). As noted by Hellriegel, Jackson and Slocum (2008) “The rational model consists of seven steps, defining and diagnosing the problem, setting goals, searching for alternative solutions, comparing and evaluating alternative solutions, choosing among alternatives, implementing the solution and follow up. The model prescribes a set of phases that individuals or teams should follow to increase the likelihood that their decisions will be logical and optimal” (p. 266). The management team takes the responsibility for defining the problem. The management team and employees participate in setting goals, searching for solutions, comparing alternatives, and choosing alternative solutions. The makeup of the implementation team depends on the tasks and expertise required to successfully implement the solution.
Business decisions are often difficult to make especially with the viability of the company’s future is at stake. This is the situation in the case of “The Chattanooga Ice Cream Division”. Charles Moore, the President and General Manager of the Ice Cream Division, must choose between a decision to expand and a cost reduction plan (Bethel, 2011). This decision will have a lasting influence on the future of the organization. Even though Mr. Moore is in a leadership role, the input of direct staff members will contribute to the final decision. The input of an effective management team can guide the organization into a positive direction or internal issues can derail the organization’s progress. Mr. Moore must react in order to insure the Chattanooga Ice Cream Division thrives for years to come.
The writer used to work at a major consulting firm, McKinsey & Company, where they used a practical approach that helps them accomplish their business. That author uses four steps to analyze every problem: understanding the current situation, identifying the root cause of the problem, developing an effective action plan, and executing until the problem is solved while still making modifications. These steps can help break down the toughest problems and can be applied to almost any situation. The author also explains the mindset needed to solve problems, you can’t just approach the problem without having a game plan. Ken Watanabe explains some techniques he used at his former consulting office that breaks down every problem: Logic tree, Yes/No Tree, Problem-solving Design Plan, Hypothesis pyramid, Pros and Cons list, and Evaluation. The two techniques I used in
This project further cultivated my research experience and leadership skills, and skill in conceptualization. The latter is evidenced by the basic idea for this project that I formulated. However, the economic logic did not satisfy my desire to explain people’s behavior. I realized that the dynamic process and randomness should also be considered. In my quest for the true meaning of internal logic, I would devote my life to seek for an
Owing to limited rationality of man, Herbert Simon contends that most decisions are based on limited rationality, that is, the organization is working like a brain. It would be impossible for organizations to attain perfection since their members have limited information-processing abilities (Morgan, G, 1997)
This report will discuss about the approach to rational decision making process. It discusses how an everyday problem faced by management can be tackled by using
The concept of ‘rationality’ has been talked through the centuries. According to Grey (2013), rationality is a big question because of this proposition which has the meaning and difficulties seem to be defining of a whole set of issues which have resonated through both organisation theory and practice ever since. And rationality is the basis of a decision, rational decision makers are objective and logical, they reach the goal that maximises the value. Not only rationality is important to organisations, and also it can be identified in various kinds of management theories. This essay will introduce the different aspects of the concept of ‘rationality’ and make explanations that how these are recognised in different management theories.
Thinking critically and making decisions are important parts of today’s business environment. It is important to understand how the decision making process works and the steps involved. The nine steps of the decision making process are: identifying the problem, defining criteria, setting goals and objectives, evaluating the effect of the problem, identifying the causes of the problem, framing alternatives, evaluating impacts of the alternatives, making the decision, implementing the decision, and measuring the impacts. (Decision, 2007.) By using various methods and tools to assist in making important business decisions an individual can ensure the decisions they make will be as successful as possible. In this paper it