Professional Documents
Culture Documents
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Becore1 Reviewer
MANAGEMENT FUNCTIONS
PLANNING:
Defining goals, establishing strategies to achieve goals,
and developing plans to integrate and coordinate
activities
ORGANIZING:
Arranging and structuring work to accomplish
organizational goals
LEADING:
Working with and through people to accomplish goals
CONTROLLING:
Monitoring, comparing, and correcting work
LESSON 2 WHAT COUNTS AS EVIDENCE?
MAKING DECISIONS When we say ‘evidence’’, we basically mean information.
It may be based on numbers or it may be qualitative or
WHAT IS A DECISION? descriptive.
Decision—a choice among two or more alternatives Evidence may come from scientific research suggesting
Decision making in management Is the process of making a generally applicable facts about the world, people, or
choice between two or more options. organizational practices.
This involves evaluating the pros and cons of various choices Evidence may also come from local organizational or
and choosing the best option to achieve a desired outcome. business indicators, such as company metrics or
In management, decision making is about acting in a way that observations of practice conditions.
meets organizational goals and objectives.
WHAT SOURCES OFEVIDENCE SHOULD BE CONSIDERED?
DECISION MAKING PROCESS
TYPES OF DECISIONS
STRUCTURED PROBLEMS AND PROGRAMMED DECISIONS
STRUCTURED PROBLEMS:
straightforward, familiar, and easily defined problems
PROGRAMMED DECISIONS:
repetitive decisions that can be handled by a routine
approach
Procedure:
a series of sequential steps used to respond
to a well-structured problem
Rule:
an explicit statement that tells managers
what can or cannot be done
Policy:
a guideline for making decisions
MANAGEMENT DECISION MAKING MODELS
RATIONAL DECISION-MAKING MODEL UNSTRUCTURED PROBLEMS AND NONPROGRAMMED
BOUNDED RATIONALITY DECISION-MAKING MODEL DECISIONS
INTUITIVE DECISION-MAKING MODEL UNSTRUCTURED PROBLEMS:
CREATIVE DECISION-MAKING MODEL problems that are new or unusual and for which
information is ambiguous or incomplete
WHAT IS EVIDENCE-BASED MANAGEMENT? NONPROGRAMMED DECISIONS:
Evidence-based management is an approach that involves unique and nonrecurring and involve custom-made
consciously setting aside the accepted conventions and solutions
hierarchy of opinion, and instead, using critical thinking
and the best available evidence to make decisions. FOUR DECISION-MAKING STYLES
Using it to make managerial and people-related decisions DIRECTIVE STYLE:
can drive better outcomes in every aspect of a business, low tolerance for ambiguity and seek rationality
from diversity and inclusion to profitability. ANALYTIC STYLE:
The systematic use of the best available evidence to seek rationality but have a higher tolerance for
improve management practice. ambiguity
CONCEPTUAL STYLE:
intuitive decision makers with a high tolerance for
ambiguity
BEHAVIORAL STYLE:
intuitive decision makers with a low tolerance for
ambiguity
DECISION-MAKING BIASES AND ERRORS
OVERCONFIDENCE BIAS:
holding unrealistically positive views of oneself and one’s
performance
ANCHORING EFFECT:
fixating on initial information and ignoring subsequent
information
CONFIRMATION BIAS:
seeking out information that reaffirms past choices while
discounting contradictory information
FRAMING BIAS:
selecting and highlighting certain aspects of a situation
while ignoring other aspects
AVAILABILITY BIAS:
losing decision-making objectivity by focusing on the
most recent events
REPRESENTATION BIAS:
drawing analogies and seeing identical situations when
none exist
RANDOMNESS BIAS:
creating unfounded meaning out of random events
SELF-SERVING BIAS:
taking quick credit for successes and blaming outside
factors for failures
HINDSIGHT BIAS:
mistakenly believing that an event could have been predicted
once the actual outcome is known (after-the-fact)
LESSON 3 THE SPECIFIC ENVIRONMENT
MANAGING THE EXTERNAL ENVIRONMENT AND THE SPECIFIC ENVIRONMENT:
ORGANIZATION’S CULTURE the part of the environment directly relevant to the
achievement of organizational goals
THE MANAGER: OMNIPOTENT OR SYMBOLIC? 1. Suppliers
OMNIPOTENT VIEW: 2. Customers
managers are directly responsible for an organization’s 3. Competitors
success or failure 4. Government agencies
5. Special interest groups
SYMBOLIC VIEW:
much of an organization’s success or failure is due to WHAT IS ORGANIZATIONAL CULTURE?
external forces outside managers’ control ORGANIZATIONAL CULTURE:
the shared values, principles, traditions, and ways of doing
MANAGERIAL CONSTRAINTS things
In reality, managers are neither all-powerful nor helpless. that influence the way organizational members act and
But their decisions and actions are constrained. that distinguish the organization from other organizations
External constraints come from the organization’s
environment and internal constraints come from the DIMENSIONS OF ORGANIZATIONAL CULTURE
organization’s culture Attention to detail
Outcome Orientation
THE ENVIRONMENT AND ENVIRONMENTAL UNCERTAINTY People Orientation
ENVIRONMENT: Team Orientation
institutions or forces outside of the organization that Aggressiveness
could potentially affect performance. Stability
ENVIRONMENTS DIFFER ON DEGREE OF Innovation and Risk Taking
ENVIRONMENTAL UNCERTAINTY
DEGREE OF CHANGE
In a dynamic environment the components
in an organization’s environment change
frequently
In a stable environment the components in
an organization’s environment change
very little
DEGREE OF COMPLEXITY
Refers to the level of intricacy,
interconnectedness, and unpredictability
present in a situation, task, project, or
system. It involves multiple variables,
elements, and relationships that make
understanding, analysis, and problem-
solving more challenging. HOW EMPLOYEES LEARN CULTURE
1. STORIES
2. RITUALS
3. MATERIAL ARTIFACTS AND SYMBOLS
4. LANGUAGE