OM1. 1. State and define the outputs of effective teams 2. Name and define at least four ways that teams employ to make decisions.
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OM1.
1. State and define the outputs of effective teams
2. Name and define at least four ways that teams employ to make decisions.
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- CRISIS ITIn May 2007, Frontier Airlines Holdings hired Gerry Coady as chief information officer (CIO). Nearly ayear later the airline filed for bankruptcy under Chapter 11. In an interview, Coady describes how hemanaged IT projects during the bankruptcy and recession crisis of 2008–2009.Fundamentally, Coady faced a situation of too many projects and too few resources. Coady used astrategy of focusing on reducing the number of projects in the portfolio. He put together a steeringcommittee of senior management that reviewed several hundred projects. The end result was a reductionto less than 30 projects remaining in the portfolio.How Can You Get to a Backlog of over 100 Projects?“There are never enough resources to get everything done.” Backlogs build over time. Sacred cowprojects get included in the selection system. Projects proposed from people who have left the airline stillreside in the project portfolio. Non-value-added projects somehow make their way into the projectportfolio.…How do you propose a framework for how HP could address expected and unexpected disputes? How do you include plans for how you would utilize the following to resolve disputes?7. a key tool used by all decision makers a. generate results b. purpose c. a model d. assumptions and limitations
- 11- Select the importance of Decision analysis as suggested by Peter F. Drucker. a. To let one functional area of business to dominate b. Dividing work into unmanageable units c. Number of layers in organization structure d. Dividing smaller units into whole work28 When managers make decisions that are objective and for the best interest of the firm instead himself/herself, they are following the concept of A) escalation of commitment B) bounded rational decision making C) rational decision making D) intuitive decision making E) none of the aboveHerbert Simon (cited in Certo & Certo (2014) questioned the ability of managers to make rational decisions. In his opinion, managers are not able to make perfectly rational decisions. a. Do you agree? Why/Why not? b. Secondly, it is often said that managers often make decisions without all the necessary information. Why is this so?
- Discuss,,h ow can organizations balance centralized planning with decentralized decision-making processes?2a. A company is facing a downward trend in its sales values, it is considering movinginto different businesses, apply the concept of decision making, explain the stepsto be used to select one business alternative and explain the challenges likely toaffect the decision-making process with suitable examples. 2bConsidering the importance of the levels of management in an organization,explain the role of each of the levels in a manufacturing company. Support yourexplanations with suitable examples. 2c. Groups and teams are very important in all organizations, explain the processthrough which a team can be formed to address issues related to employeeturnover at MTN.Using your own words, provide a summary (3 paragraphs minimum) of any of the topics below: Steps in the Decision Making Process
- Mangement Coordination is the art of harmonizing efforts and resources to achieve shared objectives efficiently. It's a multifaceted process that encompasses communication, collaboration, and synchronization. In any endeavor, whether it's a business project or a community initiative, effective coordination is crucial for success. It involves establishing clear goals, delineating roles and responsibilities, and ensuring that everyone involved is working towards the same end. Additionally, coordination requires constant monitoring and adjustment to adapt to changing circumstances and address any emerging issues promptly. Moreover, effective coordination often relies on the use of technology and tools to streamline processes and facilitate information sharing. By fostering collaboration and alignment among stakeholders, coordination maximizes productivity, minimizes redundancy, and promotes synergy. Ultimately, it serves as the backbone of any organized effort, enabling individuals and…9 types of Quantitative Approaches to Decision-Making. Briefly discuss the feature for each type.Jackie and Sandra began a long-term-care consulting firm 5 years ago in a retirement region.They now have six employees: two RHIAs and four RHITs. They now have consulting contractswith 35 long-term-care facilities and have developed a reputation for excellence.During a meeting with employees, Jackie and Sandra commended them for the efforteach had contributed to the success of the firm. In planning for the future, Jackie andSandra then asked the employees to share with them ideas on expanding the businessby revising the vision. One option they had discussed and now shared was that ofexpanding their geographic region into another state. This would mean activelymarketing to long-term-care facilities beyond their present region and hiring additionalstaff.Bryan said he had been listening to employee conversations at a nearby hospital andlearned that there was a need for additional home health care personnel and resources inthe region. Hospital utilization management staff expressed…