Explain the benefits and drawbacks of formalized decision-making process and prescribed procedures. Knowing the limitations of...
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Explain the benefits and drawbacks of formalized decision-making process and prescribed procedures. Knowing the limitations of formalized processes how would you, being in charge of an organization, counterbalance them? Points to address: -Imposed or self-directed management control -Formal v. informal decision-making process -Prescriptive v. empowering management style If you are familliar with cases such as Boston Lyric Opera, Becton Dickinson, Green Valley (scorecard for capital projects), Nummi please include examples. Explain the benefits and drawbacks of formalized decision-making process and prescribed procedures. Knowing the limitations of formalized processes how would you, being in charge of an organization, counterbalance them? Points to address: -Imposed or self-directed management control -Formal v. informal decision-making process -Prescriptive v. empowering management style If you are familliar with cases such as Boston Lyric Opera, Becton Dickinson, Green Valley (scorecard for capital projects), Nummi please include examples.
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BENEFITS OF DECISIONMAKING PROCESS Gives More Information Good decisionmaking process acquires enough information before taking any action In decisionmaking there is a large number of peoples involved ... View the full answer
Related Book For
Organizational Behavior Key Concepts, Skills & Best Practices
ISBN: 978-0078137204
5th edition
Authors: Angelo Kinicki, Mel Fugate
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