Webster Industry Analysis Of Carter And His Team Decison Making Research Paper
5/14/2015
Webster Industry Analysis Of Carter And His Team Decison Making Research Paper
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Webster Industry - Analysis Of Carter And His
Team Decison Making
Research Paper Webster Industry - Analysis Of Carter And His Team Decison Making and over other 24,000+ free term papers, essays and research papers examples are available on the website!
Autor: people • September 9, 2012 • 607 Words (3 Pages) • 1,626 Views
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There are many flaws in the process Carter and his group used for decision making. One of the most important of them was Carter's lack of understanding of the strategy of the Webster
Industries. The financial results in second and third quarter show that by October 1975, the company was recovering from the downturn. If that was really the case, Carter could have requested an adjustment to the anchoring bias of 15% downsizing target and examined the list of criteria that Stevens laid out in light of sustained growth. Sustained growth requires right balance of people who are competent in their current job as well as people with potential. . Consequently the group should have avoided using criteria such as lack of future potential in competent people or seniority for downsizing. Stevens' suggestion for reviewing people's potential and seniority, put in an anchoring bias that could well have been avoided. Stevens also thought that people with seniority might choose to retire which indicated a representativeness bias on his part, while his somewhat indifferent attitude towards fairness was concerning. These aspects were clearly incongruent with the downsizing guidelines laid out Abe Webster
Carter, perhaps plagued by availability bias from his previous experiences with downsizing, gave too much control of the entire process to Stevens. Stevens' anchoring had huge effect on the entire process which
Webster Industry Analysis Of Carter And His Team Decison Making Research Paper
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Webster Industry - Analysis Of Carter And His
Team Decison Making
Research Paper Webster Industry - Analysis Of Carter And His Team Decison Making and over other 24,000+ free term papers, essays and research papers examples are available on the website!
Autor: people • September 9, 2012 • 607 Words (3 Pages) • 1,626 Views
Essay Preview
Page 1 of 3
There are many flaws in the process Carter and his group used for decision making. One of the most important of them was Carter's lack of understanding of the strategy of the Webster
Industries. The financial results in second and third quarter show that by October 1975, the company was recovering from the downturn. If that was really the case, Carter could have requested an adjustment to the anchoring bias of 15% downsizing target and examined the list of criteria that Stevens laid out in light of sustained growth. Sustained growth requires right balance of people who are competent in their current job as well as people with potential. . Consequently the group should have avoided using criteria such as lack of future potential in competent people or seniority for downsizing. Stevens' suggestion for reviewing people's potential and seniority, put in an anchoring bias that could well have been avoided. Stevens also thought that people with seniority might choose to retire which indicated a representativeness bias on his part, while his somewhat indifferent attitude towards fairness was concerning. These aspects were clearly incongruent with the downsizing guidelines laid out Abe Webster
Carter, perhaps plagued by availability bias from his previous experiences with downsizing, gave too much control of the entire process to Stevens. Stevens' anchoring had huge effect on the entire process which