| A graduate level class in managerial decision making | | | | analyzed using software that considered all the |
| teaches a process for making decisions and analyzing | | | | possibilities, assigned probabilities, integrated various |
| risks. The process uses typical inputs and outputs in | | | | factors, and led to a calculated decision. The |
| an organiation such as materials, information, | | | | software creates a decision-making tree, a risk |
| employees, new products, and resource | | | | analysis model, an influence factor model, and |
| allocation.The process does two things. First, it | | | | simulated variations. The software used in the class |
| provides a logical way to analyze information and | | | | was made by Palisades, but there are other creators |
| integrates diverse tasks and work processes. | | | | of decision-making soft such as Decision Pro.If you |
| Secondly, the process analyzes management | | | | want to systematically analyze the decisions you |
| behavior and links a variety of activities and | | | | have to make and your exposue to risk, you may |
| concludes with a coherent and orderly view of | | | | want to consider decision-making software. The |
| management.The variety of work activities are | | | | software can be found on the internet, and they |
| considered as processes starting with organizational | | | | usually allow you to download trial versions. It is |
| processes. Organizational processes are divided into | | | | interesting, but complicated to use.Jo Ann Joy, Esq., |
| three areas: work processes, behavioral processes, | | | | MBA, CEOCopyright 2006 Indigo Business Solutions. |
| and change processes. These processes break down | | | | All rights reserved.You may contact Jo Ann by phone |
| further into areas such as communication processes, | | | | at (602) 663-7007, by fax at (602) 324-7582, by |
| organizational learning processes, change processes, | | | | email at joannjoy@Indigo Business Solutions.net, and |
| managerial processes, direction-setting processes, and | | | | by mail at 2313 East Ocotillo Rd., Phoenix, AZ |
| many other work activities that are processes.The | | | | 85016The future of your business starts here! |
| decision-making and risk analysis processes were | | | | |