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.