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MGMT 530 Invent Yourself/uophelp.com

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For more course tutorials visit www.uophelp.com MGMT 530 Week 1 Case Analysis (Conference Decision) MGMT 530 Week 1 DQ 1 Defining the Problem MGMT 530 Week 1 DQ 2 Enabling Conditions MGMT 530 Week 2 Case Analysis (Conference Decision) MGMT 530 Week 2 DQ 1 Defining Objectives and Alternatives MGMT 530 Week 2 DQ 2 Intuition MGMT 530 Week 3 Case Analysis Conference Decision Case, Part 2 – PowerPoint PPT presentation

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Title: MGMT 530 Invent Yourself/uophelp.com


1
MGMT 530 Invent Yourself/uophelp.com
  • For more course tutorials visit
  • www.uophelp.com

2
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Entire Course , Midterm and Final Exam
  • For more course tutorials visit
  • www.uophelp.com
  • MGMT 530 Week 1 Case Analysis (Conference
    Decision)
  • MGMT 530 Week 1 DQ 1 Defining the Problem
  • MGMT 530 Week 1 DQ 2 Enabling Conditions
  • MGMT 530 Week 2 Case Analysis (Conference
    Decision)
  • MGMT 530 Week 2 DQ 1 Defining Objectives and
    Alternatives
  • MGMT 530 Week 2 DQ 2 Intuition
  • MGMT 530 Week 3 Case Analysis Conference Decision
    Case, Part 2
  • MGMT 530 Week 3 DQ 1 Understanding Consequences
    and Tradeoffs
  • MGMT 530 Week 3 DQ 2 Decision Making in Your
    Organization
  • MGMT 530 Week 4 DQ 1 Defining Uncertainties

3
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Entire Course
  • For more course tutorials visit
  • www.uophelp.com
  • MGMT 530 Week 1 Case Analysis (Conference
    Decision)
  • MGMT 530 Week 1 DQ 1 Defining the Problem
  • MGMT 530 Week 1 DQ 2 Enabling Conditions
  • MGMT 530 Week 2 Case Analysis (Conference
    Decision)
  • MGMT 530 Week 2 DQ 1 Defining Objectives and
    Alternatives
  • MGMT 530 Week 2 DQ 2 Intuition
  • MGMT 530 Week 3 Case Analysis Conference Decision
    Case, Part 2
  • MGMT 530 Week 3 DQ 1 Understanding Consequences
    and Tradeoffs
  • MGMT 530 Week 3 DQ 2 Decision Making in Your
    Organization

4
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Final Exam
  • For more course tutorials visit
  • www.uophelp.com
  • (TCOs A, B, C, D, E, F, G and H) Tidewater
    Services recently celebrated its 10th anniversary
    as a professional services firm that handles
    investigations for law firms offering amenities,
    such as background checks, surveillance,
    interviewing of witnesses, crash scene
    investigation, and other related services.
  • The company was founded by Lee Herbert who had
    extensive experience working for companies that
    handle investigative work. Herbert is more of a
    people person and is always looking for the next
    new client to take on. Admittedly, Herbert had no
    experience in running a business

5
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Week 1 Case Analysis (Conference
    Decision)
  • For more course tutorials visit
  • www.uophelp.com
  • Week 1 Case Analysis Conference Decision Case
  • Date September 2, 2005
  • In less than two weeks, an accounting system
    users conference is scheduled to be held in New
    Orleans, Louisiana on September 1316, 2005.
    Unfortunately, Hurricane Katrina has struck the
    city leaving a wake of destruction. Based on what
    you see on television, the hotel and the city
    cannot possibly accommodate this or any
    conference for the foreseeable future.
  • Approximately 200 attendees are scheduled to
    attend, flying in from all over the country. All
    attendees prepaid their registration fee for the
    conference.

6
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Week 1 DQ 1 Defining the Problem
  • For more course tutorials visit
  • www.uophelp.com
  • What is the difference between problem solving
    and decision making? What are the key aspects to
    defining the problem for a decision situation?
  • Give an example of a decision problem that you
    are currently dealing with.

7
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Week 1 DQ 2 Enabling Conditions
  • For more course tutorials visit
  • www.uophelp.com
  • What role does ability, willingness, insight, and
    commitment play in the decision-making process?
    How can constraints and other underlying elements
    complicate the decision-making process?
  • Relate an experience from your work.

8
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Week 2 Case Analysis (Conference
    Decision)
  • For more course tutorials visit
  • www.uophelp.com
  • Week 2 Case Analysis Conference Decision Case
  • Date September 2, 2005
  • In less than two weeks, an accounting system
    users conference is scheduled to be held in New
    Orleans, Louisiana on September 1316, 2005.
    Unfortunately, Hurricane Katrina has struck the
    city leaving a wake of destruction. Based on what
    you see on television, the hotel and the city
    cannot possibly accommodate this or any
    conference for the foreseeable future.

9
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Week 2 DQ 2 Intuition
  • For more course tutorials visit
  • www.uophelp.com
  • What role does intuition play in decision making?
    What role does quantitative data play in decision
    making? Identify a decision situation in which
    you used both intuition and data for your
    analysis of the situation.
  • For the second discussion, we will analyze the
    role that intuition plays in the decision-making
    process.
  • OK, I would like to get this politically
    incorrect idea out of the way from the start ...
    As you begin to participate in this topic, please
    consider and share your position on whether you
    believe intuition is more of a female skill and
    data analysis more of a male skill?

10
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Week 3 Case Analysis Conference Decision
    Case, Part 2
  • For more course tutorials visit
  • www.uophelp.com
  • Date September 15, 2005
  • Two weeks after New Orleans was devastated by
    Hurricane Katrina, you made the decision to
    postpone the conference and select a different
    city to hold the conference. Based on your
    initial objectives and a survey you took of the
    registered attendees, you created the following
    consequence table

11
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Week 3 DQ 1 Understanding Consequences
    and Tradeoffs
  • For more course tutorials visit
  • www.uophelp.com
  • Why can it be difficult to identify consequences
    for each alternative and objective? What
    techniques can be used to simplify the process?
    Describe a decision situation in which you made
    tradeoffs to simplify the alternatives. Did you
    use the even-swap method, weighted scoring model,
    or another approach?
  • Our objectives this week are to
  • Build a consequence table with accuracy and
    completeness.
  • Compare alternatives using a consequence table.
  • Evaluate alternatives by examining tradeoffs.

12
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Week 3 DQ 2 Decision Making in Your
    Organization
  • For more course tutorials visit
  • www.uophelp.com
  • What process does your organization use to make
    decisions? Do you clearly identify the problem,
    objectives, alternatives, consequences, and
    tradeoffs? What special techniques or tools do
    you use in your process?
  • In your organizations, what is the general
    balance of quantitative and qualitative
    information used to make decisions? Too much of
    one or the other

13
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Week 4 DQ 1 Defining Uncertainties
  • For more course tutorials visit
  • www.uophelp.com
  • How does your organization assess uncertainties
    in your decision-making process? What are the
    benefits to using decision trees to assess
    uncertainties?
  • Provide an example where uncertainties played a
    major role in a decision situation.
  • In the context of uncertainty, is there a
    difference between 'possibility' and
    'probability'?

14
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Week 4 DQ 2 Decision Making Styles
  • For more course tutorials visit
  • www.uophelp.com
  • What is your primary decision-making style? What
    is your managers primary decision-making style?
    What approaches and tricks have you learned to
    persuade your manager?

15
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Week 4 Midterm Exam
  • For more course tutorials visit
  • www.uophelp.com
  • 1. (TCO A) Your small services company has
    outgrown the current facility after the first two
    years of a three-year lease. As the operations
    manager, you are being held accountable for
    cancelling orders, and you are beginning to lose
    market share due to late deliveries. The goal is
    to determine what action to take in the future to
    improve the situation and restore sales.
  • i. What criteria should have been used in the
    decision-making process that could have avoided
    the current situation?
  • ii. Describe the eight elements for effective
    decision making used in a rational
    decision-making approach, and describe how it
    could have been applied seeing this potential

16
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Week 5 Case Analysis Labadee Decision
  • For more course tutorials visit
  • www.uophelp.com
  • In January 2010, the island nation of Haiti was
    devastated by an earthquake.
  • Royal Caribbean International, a major cruise
    line, owns a private beach in Haiti, which is
    typically a port of call on several of their
    Caribbean cruise itineraries. The private port,
    known as Labadee, is about 80 miles away from
    Port au Prince. The beach was unaffected by the
    quake.
  • In the days following the earthquake, the company
    wrestled with several issues as they determined
    whether to continue to stop in Labadee or
    temporarily abandon the port of call.

17
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Week 5 DQ 1 Risk Tolerance
  • For more course tutorials visit
  • www.uophelp.com
  • Describe your risk profilerisk seeking, risk
    neutral, or risk averse. What are the pitfalls of
    your risk attitude? How can knowing your
    managers desirability curve come in handy during
    the decision-making process?

18
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Week 5 DQ 2 Sharing Risk with Partners
  • For more course tutorials visit
  • www.uophelp.com
  • Describe a decision situation in which you have
    shared risk with an internal or external business
    partner. What were the conditions of the shared
    risk? Explain why the arrangement was successful
    or not.
  • Is blame a risk-mitigator or risk-enhancer?

19
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Week 6 DQ 1 Linked Decisions
  • For more course tutorials visit
  • www.uophelp.com
  • Describe a decision situation that involved
    linked decisions. What flexible plans did you use
    for the subsequent decision?

20
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Week 6 DQ 2 Course Project Presentations
  • For more course tutorials visit
  • www.uophelp.com
  • Briefly describe your problem and post a brief
    PowerPoint presentation that summarizes your
    Course Project no later than Tuesday.
  • Give feedback to (at least) two other students
    presentations for your remaining posts. Be sure
    to post on a total of three different days

21
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Week 7 Course Project (US Foods)
  • For more course tutorials visit
  • www.uophelp.com
  • Objectives
  • The objective of the Course Project is to provide
    you with practice in creating, justifying, and
    explaining a decision-making proposal. All
    elements involved in the creation of this
    proposal, from problem definition through action
    plan, must be covered. Further, the proposal, as
    constructed, must meet the tests of any sound
    business plan, namely that it has specific and
    measurable goals and objectives, clearly defined
    activities, stipulated time frames during which
    those activities will take place

22
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Week 7 DQ 1 Psychological Traps
  • For more course tutorials visit
  • www.uophelp.com
  • Provide a real-life example of one of the traps
    discussed in the text or the lecture. What can be
    done to avoid that trap in the future?
  • An interesting human phenomenon is becoming
    trapped in one's own imagination of self. It is,
    of course, very important to manage one's
    reputation by comparing and reconciling how
    others see you with how you see yourself and want
    others to see you.

23
MGMT 530 Invent Yourself/uophelp.com
  • MGMT 530 Week 7 DQ 2 Estate Case Analysis
  • For more course tutorials visit
  • www.uophelp.com
  • This week, we move from the theoretical to the
    real world.
  • The following group decision problem scenario is
    outside of the formal organizational structure
    but highlights the difficulty in making decisions
    in group settings and the need to collectively
    arrive at a group decision-making process.
  • Estate Case Decision Problem Scenario

24
MGMT 530 Invent Yourself/uophelp.com
  • For more course tutorials visit
  • www.uophelp.com
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