1. Review the Decision Making and Learning at 1-800-Flowers.com Management Insight, in attached while looking for examples...
Question:
1. Review the “Decision Making and Learning at 1-800-Flowers.com” Management Insight, in attached while looking for examples of what you believe are good and bad decision-making.
2. Based upon the material read, navigate to the threaded discussion below and respond to the following questions:
a. Give an example of a decision made by Jim McCann that would have been beyond your comfort zone or considered too risky from your point of view and why, had you been in Jim McCann’s place in the story.
b. What differences do you see between decision-making in the Jim McCann story and decision-making in your workplace or a situation with which you are familiar?
c. Think of capable managers:
i. Why do capable managers sometimes make bad decisions?
ii. Provide an example of a bad decision from your workplace or a situation with which you are familiar, and what could have been done instead?
iii. What could you do to improve your decision-making skills?
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins