bus res1.5_rpl

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U1Dis_Det_Rpl.docx

Assignment Details:

· Please reply to the presented statement(s) below.

Deliverable Length: 250 words (minimum) per reply

ONE:

The knowledge that I will have by mastering the class objectives will help me to make the best decisions possible in any given situation. I believe learning how to make great decisions in business can make or break a company, so being able to leave emotions out and make sure you make fair and unbiased decisions can save the company in legal and ethical issues and help in develop solutions for the company. The communication skills, technology, critical thinking and being able to justify the role you take in your business decisions will help me by being able to motivate my team to do their best and to accept any changes that take place.

The manager that is unable to master the class objectives risk their jobs because you need to know how to make decisions that are best for the company and not to make them to benefit yourself. A manager needs to be able to see the big picture and how these decisions can affect the business as a whole. Critical thinking and communications skills are a vital role for a manager in any organization.

When a manager fails to research and analyze the issues that the company is facing then they do not have all the information they need in order to make an informed and rational decision. When a manager fails to utilize new technology opportunities, they lose some of their advantage over their competition. Technology increases response times for orders, customer service, and production of some computerized devices.

A mission is who the company is, why they exist and should describe their customer focus. A vision is what the company seeks to become in the future. We also need to consider the companies values (this defines how they want to behave). Strategy is the road map of how to accomplish your mission, vision and values. (A White Paper from Achieveit, 2020)

References:

A White Paper from Achieveit, (2020), The Link Between Mission, Vision and Strategy, retrieved from: https://www.achieveit.com/wp-content/uploads/2014/02/The-Link-Between-Mission-Vision-and-Strategy.pdf

TWO:

Accomplishing the class objectives will support my success as a manager because using critical thinking skills as a manager helps identify and understand problems better. It will also allow me to make rational choices for the best decisions for my organization. Once problems are identified then a plan can be implemented. When these objectives are are applied correctly it could result in more efficient work. Accomplishing these objectives will also support my success because I can make arguments or have discussions based on evidence and facts  and see the situation for what it is and not be led by my emotions. 

To have personal bisas is apart of being human because we often times base decisions on our world views, experiences and beliefs, but as managers in order to be successful and get things done we must consider what will be best for all or the majority of employees based on the business goals and regardless to the limitations of the business. Using technology provides the opportunity for us to work with others remotely, the use of technology has become a necessary part of business since the pandemic. It helps mangers send and receive information quicker and could save the company money. 

Risks or challenges a manager may encounter by not mastering the objectives are lack of business knowledge and the inability to plan strategically for the business, a manager could cost the business money by making over or under confident decisions or overcommitting to projects or goals, Being a strategic leader is the ability to enhance the workplace by assessing facts and data to determine and establish goals and implementing the best courses of action. A company's vision is what the want to accomplish and the mission is how the will achieve that vision. A manager who has not mastered the objectives will not be able to use the mission of the business to achieve the vision. 

The strategic planning model is used to identify and assess an organizations micro and macro environment by helping to allocate resources and comparing competitors. It helps the manager take a strategic look at the business nearby or internally and externally as far as the economy and the legal environment. Internally a manager has to mange human capital. A SWOT analysis can be done to help facilitate an organization's ability to initiate, formulate and implement strategies, develop and share business goals in order to achieve or maintain competitive advantage.