‘Managing Decisions’ as a unit within the MBA ?

managing decision MBA course outline

‘Avoiding Catastrophe’s editor has been in discussion with a bluestone Australian university over the possibility of including it as a unit within the MBA program. The unit would be titled

Managing Decisions – across all levels of your organisation

when you as an executive don’t directly control, or supervise, the frontline employees and managers whose decision making can make or break your business

As an aside, this would have applied nicely to the recent United Airlines fiasco.

The proposed course outline is attached here Managing Decisions

So those of you with an MBA, or thinking of enrolling in one, what do you think ? Is this an elective unit you would choose ? Leave a comment below.

the Formosa Ha Tinh Steel toxic spill – one year on

The 2016 toxic spill into the coastal waters of Central Vietnam was the worst environmental disaster in the nation’s peacetime history. More than 110 tonnes of fish carcasses were collected in the weeks following the release of untreated industrial waste water from the Formosa Ha Tinh Steel (FHS) complex in early April. The livelihoods of thousands of fishermen and aquaculture farmers were severely affected, as were tourist operators. Beaches were only declared safe again for swimming in August.

The key decisions that led to the disaster were made years before the event itself, during the design phase of the plant. In this forthcoming case study, ‘Avoiding Catastrophe’ shows how this incident was both predictable, and because it was so – preventable.

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Introducing ‘Avoiding Catastrophe’

because failure IS an option

‘Avoiding Catastrophe’ is the overarching concept behind all management decision making that takes place in the face of adversity. It concerns itself with problems, setbacks, difficulties, failures, accidents, and errors, seeking to minimise their impact and prevent catastrophic outcomes in the shape of irreversible damage to an organisation, its capabilities, functioning, even its existence.

This is not the normal focus of management thinking. Managers, leaders, entrepreneurs, commanders, usually concentrate their energies on achieving success, goals, objectives, tasks, the mission. They ask the question, ‘how do we get to where we want to be ?’. This is understandable, it reflects a determination to succeed, a desire to prevail, a ‘can do’ attitude without which nothing is ever accomplished.

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