principal of management (1)
TRANSCRIPT
Principal Of Management
Saddam Hussain Indhar
Barnered Ebber is the founder of the WorldCom
Huge Telecommunication Company
Largest In the USA
It was Established in 1983
At the time WorldCom Was ranked No #2
Introduction WorldCom
Barnered Ebbers
Barnered Embers was the first CEO of WorldCom
He was born in August 27, 1941
He was a Canadian Businessman
Terms to know Weak culture
Decision making errors
Quantitative approach
Organizational behavior
Outcome oriented
Traditional organization
Long term decision
Decision making
Omnipotent view
Company goals
Provide Guidelines Encourage environment Want profit and success Group thinking
Decision Making Is A Key Component Of The Leading Facet Of The P-O-L-C Farm Work . What Decision Making Traps Might WorldCom's Board Have Succumbed To? Why Might The Concept Of Group Thinking Especially Relevant To Board ?
Resist technology Poor decision making Outcome oriented Formal planning
What Potential Causes Of Poor Decision Making Existed At WorldCom During Barnared Ebbers ?
Result might be change Unique Decision Co-Ordinate with employees Understand the problems
What might have happened if ebbers had been Prone different conflict-handling style such a s compromise or collaboration ?
Autocratic leadership Traditional company Reduce efficiency No innovation
How did having a small inner circle of leadership Affect the decision-making culture at WorldCom?
Investigation Highlight the Problems Uncovered Multiple transactions
What key decision did Cynthia cooper make ?
Know plans Changed the policies Work out of these plans Measure result Suggest some new Plans review plans
What responsibility did board of directors have to detect confront the decision-making problem at WorldCom.