ADMS 2511 Lecture Notes - Lecture 15: Canada Revenue Agency, Imperial Bank Of Canada, Canadian Imperial Bank Of Commerce
1 May 2018
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ADMS 2511 Lecture 15 Notes – The Six-Step Rational Model
Introduction
• The decision maker then needs to identify the criteria that are relevant to making the
decision.
• This step rigs the deisio aker’s iterests, alues, ad siilar persoal preferees
into the process, because not all individuals will consider the same factors relevant for
any particular decision.
• To understand the types of criteria that might be used to make a decision, consider how
Toronto-based Canadian Imperial Bank of Commerce (CIBC) handles the many
sponsorship requests it receives each year.
• When it makes a decision about whether to support a request, the bank takes into
account a number of criteria.
• Specifically, to be eligible for funding, a request must
• Be aligned to youth, community, or health
• Be for a Canadian organization, using funds in Canada
• Be for a registered charity with a Canada Revenue Agency Charitable Registration
Number or a non-profit organization
• Hae ahieeets ad goals i lie ith CIBC’s oerall goals
• Address a community need
• Include planned and measureable outcomes that can be evaluated
• Have audited financial statements, principled financial practices, and sustainable
funding
• If the sponsorship request does not meet these criteria, it is not funded.
• Because the criteria identified are rarely all equal in importance, the third step requires
the decision maker to allocate weights to the criteria.
• The fourth step requires the decision maker to develop alternatives that could succeed
in resolving the problem.
• Not all individuals will consider the same factors relevant for any particular decision.
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