module04

module04 - Module 4 Module Managers as Decision Managers...

Info iconThis preview shows pages 1–9. Sign up to view the full content.

View Full Document Right Arrow Icon
Module 4 Module 4 Managers as Decision Managers as Decision Makers Makers
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Module 4 How do managers use information to make decisions and solve problems? What are the steps in the decision-making process? What are some practicalities of managerial decision making?
Background image of page 2
4.1 Using Information to Make Decisions Managers deal with problems posing threats and offering opportunities. Managers can be problem avoiders, problem solvers, or problem seekers. Managers display systematic and intuitive problem-solving styles.
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
4.1 CONTINUED Using Information To Make Decisions Managers use different cognitive styles when processing information Managers make decisions under conditions of certainty, risk, and uncertainty. Managers solve problems with programmed and nonprogrammed decisions
Background image of page 4
USING INFORMATION TO MAKE DECISIONS Problems Pose Threats And Opportunities Problem Solving Identifying and taking action to solve problems. Knowledge Workers Use information to solve problems, describes managers well. Performance Threat A situation where something is wrong or likely to be wrong. Performance Opportunity A situation that offers the possibility of a better future, if the right steps are taken.
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
USING INFORMATION TO MAKE DECISIONS Problems Pose Threats And Opportunities
Background image of page 6
USING INFORMATION TO MAKE DECISIONS Problem Solving Approaches Problem avoiders – prefer not to make decisions and ignore problems Problem solvers – react to problems as they occur Problem seekers – proactive in anticipating threats and opportunities
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Problem Solving Approaches Systematic Thinking Approaches problems in a rational and analytical fashion. Intuitive Thinking
Background image of page 8
Image of page 9
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 02/09/2011 for the course MGT 3315 taught by Professor Waner during the Spring '11 term at UCM.

Page1 / 33

module04 - Module 4 Module Managers as Decision Managers...

This preview shows document pages 1 - 9. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online