Holmes Institute: MBA Program
HI 5005
Management and Organisations in a Global Environment
Holmes Institute: MBA Program
HI 5005
Management and Organisations in a Global Environment
Next Week’s Session:
SESSION 6
Decision Making (continued)
• Session 7: not Wed 4th Sept 1:30 – 4:30 but Mon 9th Sept 1:30 – 4:30
Luthens, F. (2005) Organizational Behaviour, 11th ed., McGraw Hill,
New York pp. 345-373
And then the following week
Solomon Asch (1955) Opinions and Social Pressure,
Scientific American, Nov 1955, pp. 31-35
• Session 8 normal Wed 11th Sept 1:30 – 4:30
Milgram, Stanley (1963) Behavioral Study of Obedience, Journal of
Abnormal and Social Psychology, 67 (4): pp. 371-378
Betts R K, Mahnken T (2003) Paradoxes of Strategic Intelligence:
Essays in Honor of Michael I. Handel , Routledge USA
Tversky, A & Kahneman, D (1974) Judgement under uncertainty:
Heuristics and biases, Science #185, September, pp 1124-1131
Arnott D (1998) A Taxonomy of Decision Biases, Technical Report 1/98
Lecture/Assessment Schedule
Week
Topic
Overview Of Managerial Decision Making
Decision-Making Approach
• Rationality
• Bounded Rationality
• Intuition
Assessment
Schedule
1
Foundations of the
Study of Management and Organisations
2
The Nature of Globalisation: National Culture
3
Organisational Culture and Management
4
Organisational Structures and Design
5
Decision Making
6
Decision Making (continued)
Types of Problems and Decisions
• Well-structured / programmed
• Poorly structured/ nonprogrammed
Decision-Making
Process
Decision-Making Conditions
• Certainty
• Risk
• Uncertainty
HALF WAY MARK
Prof Peter Schmidt
Decision
• Choose best alternative - maximising
- satisficing
• Implementing
• Evaluating
