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She stuck her neck out and put the child (the "product" in this setting) ahead of everything else, and in the end it did work out well. What I learned from that is that when making difficult decisions you have to keep the company's goals in mind. If your decision really works toward achieving those goals, it's a stronger decision.
3. What do you think are some advantages and disadvantages to using computer technology in decision-making?
Computer models can make trends apparent that might not have been noticeable before. They can identify trends we might not be aware of. However, the problem with computer models is "GIGO" - "garbage in, garbage out." To me that means both what you put in and what you leave out, either by accident or because the software leads you that way. I personally don't think any important decisions should be made based on computer models as well. For instance, perhaps a store performs...
But at the same time, maybe that store has increased its profits 20% and has been the beginning of an economic turn-around in that neighborhood. The company might legitimately think twice before shutting it down.
4.Discuss the potential advantages and disadvantages of using a group to make decisions. Give examples from your experience.
Using groups to make decisions can be great when each person brings some kind of useful skill, knowledge or expertise that can inform and help the others. However, if skills and knowledge are duplicated, it may turn into a minor turf war, especially in a company where people feel they have to jockey for position. Groups should serve an ongoing purpose and not just be convened once to solve one problem, because a group that functions well will develop efficient ways of working together and become more productive over time.
The work of HHS-OIG-OAS audit teams culminates in a formal audit report written by a writer in each regional office. Each HHS-OIG-OAS audit report undergoes a series of reorganization, refinement, changes, and edits before it is finally issued and signed by the Inspector General and released to the news media and the public. Several years ago, the evolution of audit results into audit reports was not particularly efficient, because the various
Software quality management, compliance, and collaboration across the entire organization also need to be integrated at the process and role level with the LMA supply chain. As the LMA supply chain is very unique in that it specifically deals with prototypes often that are under covered under security guidelines and clearances, there needs to be continual focus on change management and task ownership in this area as well. For
Management Strategy The document states the plan of an organization in different phases. For each phase there will be a different management strategy. The document has described the management strategy and the effects that they will have on the performance of the business and why that particular management strategy has been chosen. Management structure needs to be examined carefully when a new business venture is setup. In order to develop and build
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76). As automation increasingly assumes the more mundane and routine aspects of work of all types, Drucker was visionary in his assessment of how decisions would be made in the years to come. "In the future," said Drucker, "it was possible that all employment would be managerial in nature, and we would then have progressed from a society of labor to a society of management" (Witzel, p. 76). The
Department of Finance is the lead agency supporting the Government's key economic and financial policy outcomes through the provision of advice and coordination of resource allocation for Government programs. It also provides financial services to the Government and the community, covering asset and liability management, collection of state taxes and insurance and superannuating administration. The organization is made up of a diverse group dedicated people with a wide range