Assignment Details Program Capstone Discussion 300 Or More W ✓ Solved

Assignment Details Program Capstone Discussion 300 Or More Words

This discussion involves three parts:

1. When making a decision, it is human nature to make assumptions. Understanding the assumptions along with the consequences should those assumptions be incorrect is important. A best practice when making a decision is to make a list of any assumptions that exist. Discuss a decision you have made in your professional life that was based on assumptions that proved to be incorrect. What were the consequences and how did you handle the resulting situation?
2. There are many different decision-making models available such as the rational model; the seven-step model; and the Carnegie model to name a few. What are the pros and cons of managers using decision-making models?
3. What factors should be taken into consideration when collecting data for a strategic decision?

For the project management portion: A local restaurant would like to put its business online, and you are in charge of this project. Discuss how you should approach developing the scope of this web-based project. Share how your personal experiences with online business interfaces can influence how you approach this project.

Sample Paper For Above instruction

In the realm of professional decision-making, assumptions play a pivotal role, often guiding choices in ways that can either benefit or hinder organizational objectives. However, assumptions are inherently risky when they lack validation, as they can lead to unanticipated consequences. Reflecting on a past decision, I recall implementing a new inventory management system based on the assumption that our suppliers' delivery times were consistent and reliable. This assumption was rooted in prior experiences but was not validated through recent data. When deliveries became unpredictable, the supply chain was severely disrupted, causing stock-outs and impacting customer satisfaction. To address the issue, I coordinated with suppliers to gather real-time data, revised our inventory policies, and implemented contingency plans. This experience underscored the importance of verifying assumptions before relying on them in decision-making processes.

Decision-making models serve as structured frameworks guiding managers through complex choices. The rational decision-making model emphasizes logical analysis and data-driven choices, providing clarity and consistency. Conversely, it may be criticized for its oversimplification of real-world complexities and the assumption that all relevant information is accessible. The seven-step model adopts a systematic approach to problem-solving, promoting thoroughness and transparency, yet it can be time-consuming and may hinder agile responses. The Carnegie model, which emphasizes political considerations and coalition-building, reflects organizational realities more accurately but can lead to compromises that dilute optimal decisions. Managers benefit from decision-making models by gaining structured guidance, yet they should be cautious of model limitations, ensuring flexibility and contextual awareness are maintained to adapt to dynamic environments.

When collecting data for strategic decisions, several factors must be considered. Accuracy and relevance are paramount; data must accurately reflect the current environment and address the specific questions at hand. Timeliness is critical to ensure decisions are based on up-to-date information. Additionally, considering the source's credibility and potential biases is essential to maintain data integrity. Quantitative and qualitative data should be balanced to provide comprehensive insights. Ethical considerations are also vital, ensuring data collection complies with privacy laws and organizational standards. Finally, the ease of data access and analysis influences decision speed and quality, necessitating robust data management tools and processes. These factors collectively ensure that strategic decisions are grounded in sound, comprehensive data that support organizational goals effectively.

Regarding the online presence project for the local restaurant, developing a clear scope is fundamental. Initially, I would engage stakeholders to define primary objectives, such as increasing visibility, facilitating online orders, or providing menu information. Establishing specific deliverables and boundaries helps prevent scope creep. I would also perform a needs assessment, considering customer preferences, existing infrastructure, and competitive benchmarks. Creating a project charter that outlines these elements aligns team efforts and sets realistic expectations. Personal experience with efficient, user-friendly online interfaces influences my focus on intuitive navigation, responsive design, and seamless transaction processes. I believe that incorporating user feedback early and prioritizing mobile compatibility are essential, given the prevalence of mobile device usage. Regular communication with stakeholders ensures the project remains aligned with business goals, and iterative testing guarantees usability and satisfaction before launch.

References

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