COMM 105 Lecture Notes - Lecture 7: Subjective Expected Utility, Lac-Mégantic, Quebec, Decision-Making
4 Apr 2016
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Chapter 7: decision making and creativity: decision making: (exam) We are often guided by our rationalities/principles to make key decisions (being perfect and sequential/following logic order). In organizations: rational thinking is key, but also needs to engage each and every one/employees when executing ideas: we sometimes need gut-feeling, our emotions, and perceptions to make right decisions (innovation). https://www. youtube. com/watch?v=batqv3. The conscious process of making choices among alternatives with the intention of moving towards some desired state affairs. Supporting and encouraging employees to make faster, timely and efficient decisions is healthy for an organization. Mini case: decision making blunders leading to lac megantic disaster: Montreal, maine and atlantic (mma) made a series of decision blunders that led to the derailment of a locomotive and 72 rail cars, killing 47 people and destroying 30 buildings. View that effective decision makers identify, select, and apply the best possible alternative (it is an extreme form of making decisions, may ignore emotions)
