Thinking and Decision Making Paper Essay Example | Topics and Well Written Essays - 750 words

Thinking and Decision Making Paper - Essay Example Sound decisions are made without violating religious or cultural beliefs. This Paper will focus on the spiritually guided, the realist, and the analyst. Although most people use only one style when making a decision it is possible to train oneself to use other styles in different situations. The Spiritually Guided individual depends on guidance from God and believes that any result is because: that's what God wants for that person. These individuals believe that anyone can receive guidance from God. When decisions have consequences the Spiritually Guided individual believes that it is the will of God. In addition, these individuals are deeply committed and are confident in their ability to makes decisions based upon their spiritual beliefs. These individuals are hard to sway to another point of view because their beliefs/values are held deeply in the core of the individual. The Spiritually Guided also believes that they can change other's lives for the better by sharing their beliefs with others. The Realist believes that facts are facts2. They make decisions based upon the facts available. They also make decisions based upon observation and personal experiences. The realist is often perceived as hard headed or stubborn. They rarely change their opinion based on another's input. And, the Realist has a "let's get going" point of view and is aggravated when a project is delayed. The Analyst is the thoughtful one who takes his/her time making a decision. They have a "let's take a look at the situation" point of view. Their results are predictable because of the thought and information gathering put into the solution. The analyst is the information gatherer who seeks out as much information as possible to make a logical decision. This type of decision maker takes a great sense of pride in the results of his decision making and views his way as the best way. These three types of decision makers would be a nightmare in a boardroom meeting where an actual decision had to be made. The Realist would already have the decision made, the Spiritualist would be evaluating the situation based upon his beliefs, and the Analyst would be asking for more information so that they carefully plan their decision. The realist would be arguing that he has done this many times and that his approach will work. The Spiritualist would be looking for spiritual guidance (praying) and would act as mentor or arbiter in the meeting. The meeting would end with the Analyst asking for a follow-up meeting to allow time for information gathering and analysis. 2. It is easy to imagine different scenarios and what would happen if a different type of decision maker were in charge. In the corporate world the best way to approach problem solving at the corporate level is to have as many different style decision makers present. Remember that boardroom There is one person that sits and listens to all parties and guides the group through the decision making process. That person is most likely the chairman of the board. He spends most of his time listening and writing questions down on his tablet. Another member of this team is the scribe/note-taker who writes

Company report Essay Example | Topics and Well Written Essays - 750 words

Company report - Essay Example In the wake of new era of the then company`s CEO, John F. Welch, General Electrics was at its worst financial and economic doldrums (Slater). During his tenure as the CEO of the company, General Electrics underwent a series of radical financial changes. In 1988, the CEO had managed to salvage the economic performance of the company by acquiring about 338 product lines and business at a cost of $11.1 billion. In the year 2009, the company registered a financial success setting its net income at $0.5 billion with consolidated revenue of $3.4 billion. Similarly, the industrial cash flow arising from the company’s operating activities was at $16.6 billion, a financial figure that remained superior as at that time. The table below shows the financial performance of the General Company from 2009 to 2013. General Electrics has a several competitors in the industry. Some of its active competitors include Citigroup Inc and Koninklijke Philips N.V. The table above shows the direct comparison of General Electric with other companies In the beginning of the week, the GE tries to pursue the Alstom assets to possible purchase of the same. This move seems interesting to the investors and it explains the high opening prices. However, in the course of the week, another setback seems to derail the acquisition of the Alstom; French government signs into law a bill that that bars foreign companies from acquiring local companies. Towards the end of the week, General Electric Company makes a payment of $59 billion as pension but it also introduces benefits to workers who are not productive. These further explain the slight drop in the closing price. The stock prices’ marking the beginning of this week was pegged at 26.55. However, at the end of the week, there was a significant change in stock prices of General Electric. Different news outlets reported that Jeff Immelt, company’s CEO reviewed