principal of management (1)

10
Principal Of Management Saddam Hussain Indhar

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Page 1: Principal of management (1)

Principal Of Management

Saddam Hussain Indhar

Page 2: Principal of management (1)

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

Page 3: Principal of management (1)

Barnered Ebbers

Barnered Embers was the first CEO of WorldCom

He was born in August 27, 1941

He was a Canadian Businessman

Page 4: Principal of management (1)

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

Page 5: Principal of management (1)

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 ?

Page 6: Principal of management (1)

Resist technology Poor decision making Outcome oriented Formal planning

What Potential Causes Of Poor Decision Making Existed At WorldCom During Barnared Ebbers ?

Page 7: Principal of management (1)

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 ?

Page 8: Principal of management (1)

Autocratic leadership Traditional company Reduce efficiency No innovation

How did having a small inner circle of leadership Affect the decision-making culture at WorldCom?

Page 9: Principal of management (1)

Investigation Highlight the Problems Uncovered Multiple transactions

What key decision did Cynthia cooper make ?

Page 10: Principal of management (1)

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.