MGHB02H3 Chapter 11: Chapter 11 Notes
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Commitment mentioned usually involves some commitment of resources, such as time, money, or personnel problem a perceived gap between an existing state and a desired state. N identify problem search for relevant information develop alternative solutions to the problem evaluate alternative solutions choose the best solution implement the chosen solution monitor and evaluate chosen solution. N maximization the choice of the decision alternative with the greatest expected value. Shift the frame to saving rather than spending. Set specific goals for the project in advance that must be met if more resources are to be invested. This prevents escalation when early results are unclear . Place more emphasis when evaluating managers on how they make decisions and less on decision outcomes. This kind of accountability is the sensible w to teach managers not to fear failure. Easy, accurate perception of gaps that constitute problems.
