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Want To Look Essay

785 words - 4 pages

Decision Making Analysis
Alyssa Clatterbuck, Allisen Evans, Sharon Green & Alicia Pneuman
MGT 230
September 29, 2014
Paul Moore

Decision Making Analysis
“Management is the process of working with people and resources to accomplish organizational goals.” (Bateman & Snell) There are many levels of management and with that comes many different forms of responsibility. One of the most important roles of management is planning. Planning is done in order for organizations to meet their goals and is necessary to keep a business thriving. There are six steps involved in the planning process and four different types of planning.
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This step is simply looking at how well the decision was worked.
Different Types of Planning
There are four different types of planning. Strategic, Tactical, Operational and Contingency are the four categories. Strategic planning involves efficiency and effectiveness for the organization. These plans are made around long term goals. A tactical plan is more focused on an individual department. These plans are used to implement and focus on the direct route of the strategic plan. An operational plan is formed within a specific to a department. These are the everyday duties that keep the company running. "Strategic decisions set the course of the organization. Tactical decisions are decisions about how things will get done. Finally, operational decisions are decisions that employees make each day to run the organization." (Carpenter, Bauer, & Erdogan.) The last, contingency plans are those used in case of an emergency. For example, what to do if a natural disaster is to happen.
Xerox's Decisions
Anne Mulcahy, CEO of Xerox, was exceptionally brave when tackling the debt of $18 billion. "First, managers can't be sure how much time, energy, or trouble lies ahead once they start working on the problem. Second, getting involved is risky; tackling a problem but failing to solve it successfully can hurt a manager's track record." (Bateman & Snell, 2011) Mulcahy knew that getting the company out of debt was a risk. She recognized that there was a...

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