BUSI1702 Organisational Decision Making Tutorial 2 Rational Decision Making What Is The Problem?

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BUSI1702OrganisationalDecision

Making
Tutorial 2 Rationaldecisionmaking
Part1
Whatis theproblem?
Tutorial 2 goals

 To develop an ability of clearly


defining organisational problems

 To develop an understanding of the


applicability and limitations of rational
choice theory
Taskforce meeting
simulations
 Form teams yourself based on your interests in the companies to carry
out a 25-30min meeting

 You would be randomly assigned with the role as (1)the chair of the
meeting or role with specific functional responsibility, including
(2)HR, (3)sales, (4)operation and logistics, and (5)finance

 Share your collective insights with the class


WeWork
In London, you are attending a strategic taskforce
group meeting that was called to:
 Discuss key problems that WeWork faces in the
next quarter in 2021 with a focus on the UK
operating environment

 You need to agree on the priorities of these


problems for next meeting

 Produce written formal problem statements


Asda
In Leeds, you are attending a strategic taskforce
group meeting that was called to:
 Discuss key problems that Asda faces in the
next quarter in 2021 since the acquisition by
Issa Brothers and TDR Capital

 You need to agree on the priorities of these


problems for the next meeting

 Produce written formal problem statements


Meeting agenda
 Resources you could use:
 News Stories available on Moodle
 Other sources:
 BBC Business News
 Company’s official website
 Financial Times - register & log in with your Greenwich account
 The Economists
 The Guardian
Meeting discussion:
 Step into your assigned role and consider the priorities of your role
What did you discuss? - 10 mins

 Present your problem statements with the class

 Which problems did you identify but were left out from the priority list, why?

 Did you have any disagreements on the problems and the priorities of these
problems?

 How did your preparation/prior knowledge or the lack of it affected your meeting?
Your learning – 5 min
 What you already knew about the defining organisational problems?

 What did you just learned about organisational decision making?

 What did you find confusing or difficult?


Preparing for next week
Familiarise yourself with the live case study of o Select a problem or a decision that
your choice assigned for the assessment
WeWork or Asda faces as your focus

o Identify the key stakeholders & their


objectives and views related to the
‘problem’

o Describe what information is relevant


to these objectives and views
Thank you

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