Option #2: Personal Decision-Making Strategy For this Portfolio Project option, you will encapsulate what you have learned about leadership and about yourself throughout this course. Before you begin,
Running head: MILESTONE 0
Portfolio Milestone
Fallon Urquhart
Course Number (ORG525) – Decision Theory in a Global Marketplace
Colorado State University – Global Campus
Dr. Isabel Wan
June 14, 2020
Portfolio Milestone Outline- Wal-Mart
Introduction- Corporate Level Role within Wal-Mart
- Business Operations Manager
- Managing all activities within Wal-Mart
- Hiring Staff
- Determine tasks for employees
- Optimize Resources
- Shipping and Receiving
- Inventory
- Determine Organizational Goals
- Sales Goals
- Manage if goals have been met or not
- 7 Step process for making decisions.
- Rational Decision Making Process
- Analytical Process
- Gather sufficient information prior to decision
- Highly tolerant, adaptive nature- attempt to control maximum portions of the decision making process
- Communication Strategies
- Develop relationship with employees and leadership
- Transformational Leadership Theory
- Team-Building Needs
- Develop Strong Workforce
- Human Relations Theory
- Employee Motivation
- Create precise alignment between performance and rewards
- Repercussions for poor performance
- Policies
- Improve effectiveness in terms of leadership
- Ensure organizational policies and procedures are intact effectively
- Implication for Organization Future
- Create stronger strategies for positive direction of organization
- Efficiently utilize resources, competencies, and capabilities further benefit organization
- Effectively motivation employees towards the company’s vision and mission.
- Personal Decision Making Strategy as Business Operations Manager
- Decision making process overview and expected outcome