MGM102H5 Lecture Notes - Lecture 10: Amy Cuddy, Pc Card, Canadian Tire
Document Summary
Amy cuddy: your body language shapes who you are http://www. ted. com/talks/amy_cuddy_your_body_language_shapes_who_you_are? language=en. Information: managers are responsible for making decisions under conditions of uncertainty about the allocation of scarce resources towards achieving the organization"s strategic objectives. Decision paralysis: when we feel uncomfortable with a situation, we tend to delay, not decisions. Power stances mean we are more readily able to make decisions, take risks: to able to solve problems, managers must become skilled at gathering analyzing and evaluating information. Implications of information technology (it) within organizations: facilitates communication and information sharing, operating with fewer middle managers, flattening of organizational structures, faster decision making, increased coordination and control, enables data mining, ex. ); increased their average purchase because people liked the way the collection looked. Information is useful when it is: timely. Limited time period to make decisions: high quality. Cannot interpret information with gaps in it: relevant. Need to filter the information we receive: understandable.
