HROB 2100 Lecture Notes - Lecture 3: Confirmation Bias, Organizational Culture, Risk Aversion
Document Summary
The beliefs and values and how they are manifested. I think of structure as a skeleton and as the flesh and blood. And culture is the soul that holds the whole thing together. Innovation and risk taking: attention to detail, outcome orientation, people orientation, team orientation, aggressiveness, stability. Artifacts: aspects of organizations culture that you see, hear, and feel. Beliefs: understandings of how objects and ideas relate to each other. A cultures function provides appropriate standards, boundary defining, sense of identity, pretty much outlines how the business is run. It can also occur when they way things are done do not align with the outcomes. Steps in the decision making process: define the problem, identify the criteria, allocate weights to the criteria, develop alternatives, evaluate alternatives, select best alternative. It is important in decision making to complete your information, know your options, and chose the options with the highest utility.