Instruction
Discuss Boeing's Dreamliner in terms of risk, uncertainty, and how its managers handled the company's challenges. What is the current news on this company?Identify some risky decisions you have made. Why did you take the risks? How did they work out? Looking back, what did you learn?Identify a decision you made that had important unexpected consequences. Were the consequences good, bad, or both? Should you, and could you, have done anything differently in making the decision?What effects does time pressure have on your decision making? In what ways do you handle it well and not so well?Recall a recent decision that you had difficulty making. Describe it in terms of the characteristics of managerial decisions.What do you think are some advantages and disadvantages to using computer technology in decision making?Do you think that when managers make decisions they follow the decision-making steps as presented in this chapter? Which steps are apt to be overlooked or given inadequate attention? What can people do to make sure they do a more thorough job?Discuss the potential advantages and disadvantages of using a group to make decisions. Give examples from your experience.Suppose you are the CEO of a major corporation and one of your company's oil tanks has ruptured, spilling thousands of gallons of oil into a river that empties into the ocean. What do you need to do to handle the crisis?Identify some problems you want to solve. Brainstorm with others a variety of creative solutions.