Improving Management Decision Making

Improving Management Decision Making
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Module assessment

The module will be evaluated by one individual assignment of up to 3,500 words.

Scenario

Imagine that last week you presented, to your Board of Directors, a decision analysis of a major decision problem that your organisation is facing. The decision can be real or imaginary.

Today, you received a memorandum from the Managing Director, copied to the Board, which expresses scepticism about your recommended decision and the underpinning analysis. Your Managing Director requests a full written justification and explanation of your recommendation. He argues that his, alternative, gut-feel is the better decision.

Assignment

Your assignment is to:

Prepare a written response to your Managing Director using an illustrative case example. The case example should be original and may be current, based on a decision facing an organisation for which you have worked in the past, or totally imaginary. (70 marks)
Provide a balanced appraisal of the advantages and limitations of the decision analytic approach. (30 marks)

Improving Management Decision Making

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Last Updated on February 14, 2019 by

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