Initial discussion board response requires three parts:
1. Using Saudi Vision 2030 as a backdrop for your discussion, evaluate the role of the decision leader in the 21st-century organization.
2. How does effective decision-making help the organization to maintain a competitive edge in today’s highly competitive global marketplace?
3. Discuss a challenging situation where you have had to decide in your organization that was heuristic based or required critical thinking skill.
Be sure to support your statements with logic and argument, citing all sources referenced. Post your initial response early, and check back often to continue the discussion. Be sure to respond to your peers’ posts as well.
Note: The following readings will require you to be logged in to the Unified Login System and the Saudi Digital Library. To log in, please click here.
Chapter 1 in Judgment in Managerial Decision Making
Kerr, W. (2016). Harnessing the best of globalization. MIT Sloan Management Review,59-69.
Oyedele, A. (2016). Emerging market global business model innovation. Journal of Research in Marketing and Entrepreneurship,53-62.
Gaudiano, P. (2017). The best approach to decision-making combines data and managers’ expertise. Harvard Business Review, 1-2.
For Your Success
Before you begin, be sure that you have familiarized yourself with the course syllabus and the course information. In this module, you will be required to read assigned chapters in the text. Also, there are recommended readings that help supplement the concepts covered each week. It is also important to note that each module builds on the previous modules, so be sure to thoroughly familiarize yourself with the content each week in order to prepare yourself to move ahead.
This week we will begin by introducing ourselves in the introduction thread and greeting each other in our replies to the thread. Please feel free to share as much information about yourself as you feel comfortable with sharing. You may discuss your undergraduate major, work history, professional goals, or hobbies.
Throughout the course, there will be a combination of critical thinking assignments and discussion board forums. These two important forms of assessment will help you to engage with your professor and peers and share thoughts and ideas regarding the concepts covered each week. In Module One, we will have the opportunity to discuss the various concepts in light of Saudi Vision 2030, which will serve as a backdrop for the discussion of evaluating the role of the decision leader in the 21st century organization.
As the global economy continues to evolve, leaders are faced with the challenge of making confident and highly-informed decisions in the face of complexity or even uncertainty. You will have the opportunity to discuss a challenging situation that you have experienced in the past and describe the sequence of events which required either heuristic-based or critical thinking skills. Throughout the week, you are to consistently interact with your peers by asking questions, respectfully challenging assumptions, and affirming various viewpoints that may have challenged you to think deeply about these important decision concepts.
Also, on designated weeks, you will be required to attend a live session presented by your instructor. In this live session, you will have the opportunity to hear your professor discuss the various concepts covered from week to week. This will also give you an opportunity to ask questions, provide input, and interact in a collaborative real-time environment.
Evaluate the role of the decision leader in the decision-making process.
Explore prescriptive and descriptive decision-making.
Assess heuristics and problem-solving strategies.
Assess critical thinking in the decision-making process.
Evaluate the critical components of the decision-making process.