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Decision Making and Problem Solving. Managerial Problem-Solving MemoImagine that you are a leader in an industrial cleaning supply organization. Over the past three months, the sales in the organizati
Decision Making and Problem Solving. Managerial Problem-Solving Memo
Imagine that you are a leader in an industrial cleaning supply organization. Over the past three months, the sales in the organization have declined significantly.
In a 2-page memo to your employees, provide the problem-solving process to solve this problem and justify why this is the best approach.
Your well-written memo must adhere to the following parameters:
- Be 2 pages in length using a memo format, but with the inclusion of APA citations and referencing.
- Be supported by four scholarly references. Remember, you must support your thinking and prior knowledge with references; all facts must be supported; in-text references used throughout the assignment must be included in an APA-formatted reference list.
- Your memo will have citations to sources throughout and will need to have a minimum of 5 outside sources.
Readings:
Shen, K-Y, & Tzeng, G-H. (2018). Advances in multiple criteria decision making for sustainability: Modeling and applications. Sustainability, 10(5), 1-7. doi:10.3390/su10051600. Retrieved from http://www.mdpi.com/2071-1050/10/5/1600/htm
Four principles for making better decisions (2014). Fountainebleau: INSEAD. Retrieved from https://csuglobal.idm.oclc.org/login?url=https://search-proquest-com.csuglobal.idm.oclc.org/docview/1560370741?accountid=38569
Leclerc, O., & Moldoveanu, M. (2013). Five routes to more innovative problem-solving. McKinsey Quarterly, (2), 80-91.
Monroe, T. (2014). Creative problem solving in a fast-paced, guidance-rich environment. Defense AT&L, 43(4), 20-23.
Heath, C., & Heath D. (2013). Four principles for making better decisions. McKinsey Quarterly, (2), 112.
Monroe, T. (2014). Creative problem solving in a fast-paced, guidance-rich environment. Defense AT&L, 43(4), 20-23.
Robbins, S. P., De Cenzo, D.A., & Coulter, M. (2015). Fundamental of management: Essential concepts and applications (9th ed.). Upper Saddle River, NJ: Prentice Hall.
