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www.monash.edu.au
MGF1010: Introduction to Management
Week 8:
Decision Making
www.monash.edu.au
2
Your Tutor (me)
Nathan Eva
– nathan.eva@monash.edu
– 9903 4065
– Building N Level 5 Room 14
– www.slideshare.net/nathaneva
www.monash.edu.au
3
Last Week
• Compare and Contrast two content theories from either
Maslow, McGregor, Hertzberg or McCellend.
• Define and contrast two process theories (goal setting,
reinforcement, equity & expectancy)
www.monash.edu.au
4
Assignment Reminder
• Due Week 10
• Case Study Style
• On Weeks 6 – 10 material
• 2,500 words (+/- 10%)
• Worth 25%
• Minimum 5 Journal Articles
• Moodle is the place for lots of information goodies
www.monash.edu.au
5
Test (Thursday only)
• Organisational Culture
• Groups
www.monash.edu.au
6
Well done =)
• Organisational Culture
• Groups
www.monash.edu.au
7
Assignment Two
• Executive Summary (10%)
– Separate Page
– What you found
– Recommendations
– 150-250 words
www.monash.edu.au
8
Assignment Two
• Problem Identification and Analysis (25%)
– Analysing the case
– Identify the theories that are relevant
– i.e. Motivation
> e.g Maslow (Hierarchy of Needs)
> e.g McClelland (Three Needs)
– I want to see the theorists and I was you to reference
them (not the textbook)
– Don’t tell me the theory, tell me the case and explain
the theory through the case.
www.monash.edu.au
9
Assignment Two
• Statement of Key Problem (5%)
– Clearly what are the major problems
1. Leadership
a) Lack of transformational leadership
b) Too focus on process and not on people
2. Motivation
a) Employees feel a lack of equity
b) Employees need to be intrinsically motivated
www.monash.edu.au
10
Assignment Two
• Generation and Evaluation of a Range of Alternate
Solutions (20%)
– Under each of the problem headings speak about 2 to 3
recommendations for each problem
– Advantages and disadvantages of each
– Be able to link them to the relevant theory
– Make it clear and creative
– Ensure that they are practical solutions
– You must reference
www.monash.edu.au
11
Assignment Two
• Recommendations (15%)
– Choose one recommendation for each problem
– So for the sake of this example 4 recommendations
– Justify why using theory
– You must reference
– Make sure you are suggesting things that would actually
work
www.monash.edu.au
12
Assignment Two
• Implementation (10%)
– What are the steps for implementing this change
– What will happen
– Who should be responsible for each step
– How will it be implemented
– What are the costs
– This can be in a table if it is nicely presented
www.monash.edu.au
13
Assignment Two
• Presentation (10%)
– The paragraphs are correct
– Spelling and grammar
– Consistency of wording
– Double spaced
– Page numbers at the bottom right hand corner
– Sub-headings (report)
– Size 11/12 font Times / Calibri
– Justify the paragraphs
www.monash.edu.au
14
Assignment Two
• Referencing (5%)
– 5 Journal Articles APA Style
> Peer-reviewed journals
> Business Week / New York Times is not a journal
> A book is not a journal
> Big Dog Little Dog Blog is not a journal
> Wikipedia is not a journal
> Sparknotes is not a journal
> Lecture Slides are not a journal
> Websites are not a journal
> Mickey Mouse is not a journal
www.monash.edu.au
15
Case Study – Fresh Produce
• Groups of 2 – 4
• Identify the problems
• Classify the problems (theory)
> Culture (week 5)
> Leadership (week 6)
> Motivation (week 7)
• What are potential solutions
• Recommendations
www.monash.edu.au
16
Case Study – De Best Fashions
• Join with another group
• Come up with the best 3 solutions
• Share them with the class
www.monash.edu.au
17
Assignment One - Feedback
• Don’t be colloquial, mate
– “While this might seen a little weird”
• “It’s obvious” and “widely known” that you shouldn’t
say this
• Organizations are in America, Organisations are in
Australia
• Etc is too tacky, such as … is better
• No headings in an essay (reports have headings)
• No dot points (reports have dotpoints)
• Should I have rhetorical questions in my essay?
www.monash.edu.au
18
Assignment One - Feedback
www.monash.edu.au
19
Assignment One - Feedback
• Don’t use words you don’t know how to use properly
– “Don’t practice confrontations you don’t discern how
toward habit suitably”
• Every paragraph should link back to the question
• In the first two sentences I should know what the
paragraph is about and how it adds to the argument
• More than one reference per paragraph
• Always link back to theory. This is a theory based
university, if you don’t like it…..
www.monash.edu.au
20
Assignment One - Feedback
• You must analyse
• Describing the theory is not enough
• You also must answer the whole question
• If it asks for 5 journal articles – make sure you have
them
• Over half of you did not
www.monash.edu.au
21
If you liked this week you will love…
MGF1100 Managerial Communication
MGF2111 Organisational Behaviour
MGF2661 Human Resource Management
www.monash.edu.au
22
This Week
• Why do we need to plan and what are the elements?
• Describe the four elements in management by objectives.
• Explain the 8 steps of problem solving.
• What errors might occur in the decision making process?

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Week 8 Introduction to Management

  • 1. www.monash.edu.au MGF1010: Introduction to Management Week 8: Decision Making
  • 2. www.monash.edu.au 2 Your Tutor (me) Nathan Eva – nathan.eva@monash.edu – 9903 4065 – Building N Level 5 Room 14 – www.slideshare.net/nathaneva
  • 3. www.monash.edu.au 3 Last Week • Compare and Contrast two content theories from either Maslow, McGregor, Hertzberg or McCellend. • Define and contrast two process theories (goal setting, reinforcement, equity & expectancy)
  • 4. www.monash.edu.au 4 Assignment Reminder • Due Week 10 • Case Study Style • On Weeks 6 – 10 material • 2,500 words (+/- 10%) • Worth 25% • Minimum 5 Journal Articles • Moodle is the place for lots of information goodies
  • 5. www.monash.edu.au 5 Test (Thursday only) • Organisational Culture • Groups
  • 6. www.monash.edu.au 6 Well done =) • Organisational Culture • Groups
  • 7. www.monash.edu.au 7 Assignment Two • Executive Summary (10%) – Separate Page – What you found – Recommendations – 150-250 words
  • 8. www.monash.edu.au 8 Assignment Two • Problem Identification and Analysis (25%) – Analysing the case – Identify the theories that are relevant – i.e. Motivation > e.g Maslow (Hierarchy of Needs) > e.g McClelland (Three Needs) – I want to see the theorists and I was you to reference them (not the textbook) – Don’t tell me the theory, tell me the case and explain the theory through the case.
  • 9. www.monash.edu.au 9 Assignment Two • Statement of Key Problem (5%) – Clearly what are the major problems 1. Leadership a) Lack of transformational leadership b) Too focus on process and not on people 2. Motivation a) Employees feel a lack of equity b) Employees need to be intrinsically motivated
  • 10. www.monash.edu.au 10 Assignment Two • Generation and Evaluation of a Range of Alternate Solutions (20%) – Under each of the problem headings speak about 2 to 3 recommendations for each problem – Advantages and disadvantages of each – Be able to link them to the relevant theory – Make it clear and creative – Ensure that they are practical solutions – You must reference
  • 11. www.monash.edu.au 11 Assignment Two • Recommendations (15%) – Choose one recommendation for each problem – So for the sake of this example 4 recommendations – Justify why using theory – You must reference – Make sure you are suggesting things that would actually work
  • 12. www.monash.edu.au 12 Assignment Two • Implementation (10%) – What are the steps for implementing this change – What will happen – Who should be responsible for each step – How will it be implemented – What are the costs – This can be in a table if it is nicely presented
  • 13. www.monash.edu.au 13 Assignment Two • Presentation (10%) – The paragraphs are correct – Spelling and grammar – Consistency of wording – Double spaced – Page numbers at the bottom right hand corner – Sub-headings (report) – Size 11/12 font Times / Calibri – Justify the paragraphs
  • 14. www.monash.edu.au 14 Assignment Two • Referencing (5%) – 5 Journal Articles APA Style > Peer-reviewed journals > Business Week / New York Times is not a journal > A book is not a journal > Big Dog Little Dog Blog is not a journal > Wikipedia is not a journal > Sparknotes is not a journal > Lecture Slides are not a journal > Websites are not a journal > Mickey Mouse is not a journal
  • 15. www.monash.edu.au 15 Case Study – Fresh Produce • Groups of 2 – 4 • Identify the problems • Classify the problems (theory) > Culture (week 5) > Leadership (week 6) > Motivation (week 7) • What are potential solutions • Recommendations
  • 16. www.monash.edu.au 16 Case Study – De Best Fashions • Join with another group • Come up with the best 3 solutions • Share them with the class
  • 17. www.monash.edu.au 17 Assignment One - Feedback • Don’t be colloquial, mate – “While this might seen a little weird” • “It’s obvious” and “widely known” that you shouldn’t say this • Organizations are in America, Organisations are in Australia • Etc is too tacky, such as … is better • No headings in an essay (reports have headings) • No dot points (reports have dotpoints) • Should I have rhetorical questions in my essay?
  • 19. www.monash.edu.au 19 Assignment One - Feedback • Don’t use words you don’t know how to use properly – “Don’t practice confrontations you don’t discern how toward habit suitably” • Every paragraph should link back to the question • In the first two sentences I should know what the paragraph is about and how it adds to the argument • More than one reference per paragraph • Always link back to theory. This is a theory based university, if you don’t like it…..
  • 20. www.monash.edu.au 20 Assignment One - Feedback • You must analyse • Describing the theory is not enough • You also must answer the whole question • If it asks for 5 journal articles – make sure you have them • Over half of you did not
  • 21. www.monash.edu.au 21 If you liked this week you will love… MGF1100 Managerial Communication MGF2111 Organisational Behaviour MGF2661 Human Resource Management
  • 22. www.monash.edu.au 22 This Week • Why do we need to plan and what are the elements? • Describe the four elements in management by objectives. • Explain the 8 steps of problem solving. • What errors might occur in the decision making process?