GMS 200 Chapter Notes - Chapter 13: Business Analytics, Business Intelligence, Sunk Costs

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Deborah De Lange

Document Summary

Saturday, january 23, 2016 it can help top levels stay informed, while freeing lower levels to make speedy decisions and take the actions they need to best perform their jobs. It is helping break down barriers within and between organizations. and key elements in the external environment. Multidimensional thinking: multidimensional thinking the ability to address many problems at once strategic opportunism focuses on long term objectives while being exible in dealing with short term problems. These problems require non-programmed decisions which have a speci c solution crafted for a unique problem. Saturday, january 23, 2016: gure out what is going on - take the time to understand what is happening and the conditions under which the crisis must be revolved. 4. remember that speed matters - catch the crisis early before it enlarges (ideally) remember that slow counts, too - timing matters respect the danger of the unfamiliar - unknown territory, no precedents.