4. As a class discuss the following questions:

• Did you follow the rational decision-making process in identifying your best company and creating your plan for landing a job with this company?

Why, or why not?

• What role might bounded rationality have played in your individual and/or team decision-making process?

• Does planning increase the likelihood of success in being hired by a great company? Why, or why not?

• If you were an editor assigned the project of developing the brochure “Getting a Job with Your Dream Company,” would you be more likely to give the assignment to: 1) a qualifi ed individual; or 2) a qualifi ed group? Considering your recent experiences in this exercise, what are the tradeoffs of each approach

(individual versus group decision making)? Effective planning and decision making are crucial to the success of organizations. Your success as a manager will be determined in large part by your planning and decision-making capabilities. This exercise highlights some well-tested tools for strengthening your planning and decision-making skills.