Describe a time that you or one of your organization

Assignment Help Business Management

Reference no: EM132094631

When it comes to reducing the tendency to recommit (e.g., escalate) to an unsuccessful prior decision, Bazerman and Moore (2013) state the following:

"as a manager, you should make a decision and implement it, but be open to dropping your commitment and shifting to another course of action if the first plan does not work out. This means constantly reassessing the rationality of future commitments and learning to identify failures earlyâ€ (p. 131).

In a 2-3 page paper, describe a time that you or one of your organization's leaders implemented a plan, system, or process that failed. Describe the reluctance to end the failed program. What finally caused the organization to move towards using a new approach? If the organization is still operating the failed program, what affect is this having on internal stakeholders?

Subject: Managerial Decision Making

Reference no: EM132094631

Questions Cloud

Final assignment mis : After finishing your studies at EU, you and 2 partners decided to create a business. Since then it has grown both in turnover

Video awkward performance review : Watch the video clips below on delivering bad news. Based on what you learned, what concepts could have been leveraged and how could these messages

Sustainable competitive advantage : How does (Uber) competitive strength compare against that that of (blockbuster)? Do a weighted competitive strength assessment

How the federal reserve and its monetary policy affect : Recommend one (1) strategy for maximizing return for the current risk return relationship identified for each of the three (3) securities.

Describe a time that you or one of your organization : In a 2-3 page paper, describe a time that you or one of your organization's leaders implemented a plan, system, or process that failed.

What are the philosophical underpinnings of the methodology : GCNRN4 Research in Nursing - Describe briefly the research topic and the significance (purpose) and background of the study

Wildlife service national wetlands inventory website : Go to the U.S. Fish and Wildlife Service's National Wetlands Inventory website:

How supply chain management supports operations management : MT435:Select a part of general SCM Theory to examine more closely. Conduct online research to support your writing with credible sources.

Focus on short-term gain means next : Chipotle Introduction Making decision and solve problem is a daily process in our professional and personal lives.

User Account

All Pages