Sunday, November 25, 2007

MBA 765 Module 3 Assignment 3-3

When choosing the best option for organizational closure, what categories of selection criteria seem particularly important to employ?

Categories that appear to be particularly would be the information contained in the balance sheet, profit and lose statements, and information about the executive team. The margins report would be a good source for product information, marketing and sales, and accounting information as it relates to the cost of manufactured goods. All this along with company performance information should provide an accurate assessment of the company’ s current situation and provides the critical data when making a decision.

Where would you look for possible organizational closure strategies?

I would look at using decision tools to evaluate the available data to look for possible closure strategies during what is usually the most uncertain of conditions. The findings from this data integrated with holistic thinking and the smart question approach would help me to find solutions to the most difficult problems.
What are the dangers involved with identifying and selecting among closure options?
One of the dangers involved with identifying options would be the pressure of time. Usually during this stage of uncertainty pressure from time constraints can add to the difficulty of finding the most beneficial solutions. Ideally, sufficient time would give the decision maker an opportunity to look for solutions that meet more conditions of the closure stage. Failure to consider legal and moral consideration may also debilitate recommendations for a successful closure.

What emotions are likely to surface during the process of identifying and choosing among options? How would you deal with them?

There may be many emotions that need to be addressed during closure. Feelings of uncertainty and mistrust may surface during closure. Making the right choices that address as many stakeholders’ demands and uncertainty would reduce the emotional effect on the company’s people. It is clear throughout all stages of the lifecycle that communications is key. However, the timing and how the information is delivered would be critical. In my own mind, I would continue to encourage and motivate the employees by keeping them informed with as much information without jeopardizing the company’s normal business practices and functions. As a manager, I would have to do whatever is best for the company while trying to consider the employees, even if it means withholding information until the very end to meet company goals.

Sunday, November 18, 2007

MBA 765 Module 2-5 Decision Tools

What are some of the most critical decisions leaders must make during the closure stage of the organizational lifecycle?
Finding the right tools to carefully analyse just what those critical decisions are would be key for a leader. Critical decisions a leader must make during closure effects people's lives and fortunes in the business Careful identification of problems with little facts based with great uncertainty is the challenge as they make critical decisions regarding finance, legal, information, and employees during the closure stage of the business lifecycle.

Under what conditions do rational logical decision making methods appear to work best?
Rational logical decision making methods works best when there is higher degree of uncertainty. These methods break down the problem to leavage solutions against the problems with analysis of critical data. This process gives the leader the tools needed to identify areas of greater risk and uncertainty.

Under what circumstances do more intuitive approaches work best?
Intuitive approaches work best when there is a need for flexibility and a complete understanding of the business processes. This clear understanding gives the leader to understand all aspects and elements of the business to properly manage risks.

Which of the tools presented in the module has a particular appeal to you? Why?

I found the Six Facet Approach to be the most comprehensive tool to define problems. It helped identify and facts in the case with a better understanding of the consequences, problems, and results to uncover viable solutions. By considering every aspect of the case I was able to identify which areas were successful for the business.

How might you apply the tools presented during the module to a situation that you are now facing at work? At home?

Actually, I considered it as a tool to decide if I should finish the MBA Program. As I am looking toward possibly retiring in 6 years, I wonder if I really need to complete it. It seems crazy to stop at this point, with only the capstone to be completed following this course.

Saturday, November 10, 2007

MBA 765 Assignment 1-3

What appears to unique about the closure stage of the organizational lifecycle?
The closure stage is unique because the leader must decide how much to share with the employees and when that should happen. The leader is faced with the dilemma of how to relate these organizational changes to the employees while they manage the prevelant uncertainty of the unknown.

What closure stage issues appear to warrant particular attention from company leaders?
Legal, financial, and information must be scrutinized to determine what would be the best for the company and its stakeholders as they bring a close to the business.

What critical ethical issues need to be dealt with at this stage?
Ethical considerations that must be dealt with during the closure stage would be if to tell employees and how much to tell them of the impending changes. Should a leader decide to tell the employees they may thwart off efforts to meet the goals of the company

How might I creatively express what I have learned in the MBA program to an audience of my peers?
I would creatively express what I have learned in the MBA program by creating a presentation of the MBA program learnings through technology, interactive and software to facilitate a discussion of the business lifecycles. Or perhaps, I would select a panel of MBA business executives to answer questions of organizational leadership in forum called, “Ask a MBA”.