Exam (elaborations)
D081 Innovative and Strategic Thinking Complete Task 1 (Passed) Western Governors University
- Course
- Institution
D081 Innovative and Strategic Thinking Complete Task 1 (Passed) Western Governors University
[Show more]
Content preview
lOMoAR cPSD| 43283024D081 Innovative and
Strategic Thinking Complete
Task 1 (Passed) Western
Governors University
, lOMoAR cPSD| 43283024
Task 1: Innovative and Strategic Thinking
Course Code: D081 and C714 v.2 & v.3
Student Name:
Student ID:
Date:
Program Mentor Name: Laura Nicolet
A1. Discuss how “all” of the following aspects from the scenario affect the company’s
decision-making process (Unit 3: Module 2; Unit 4: Module 4). How do all of these aspects
affect the “process” of making decisions. We recommend referring to the decision-making video
on Page 15 to help with this section.
1. How does the company culture impact the decision-making process at this US Fishing Boat
Manufacturer?
The company culture at the US Fishing Boat Manufacturer is considered equal in which the
founders and employees are considered equal. This makes the decision making process a
joint effort in which employees and founders both work together to establish all decision
making process as a whole and not entirely from the founders.
2. How does the organizational structure impact the decision-making process at this US
Fishing Boat Manufacturer?
Organizational structure impacts the decision-making process since the company structure is
decentralized, all employees can access the founders at any time for anything relative to the
company. This would eliminate wasted time and instead of going through multiple
departments or wait for a response, the employees can go directly to their source and vise
versa and have a more positive and timely decision-making process.
3. How do the mission and vision statements (the strategic direction) impact the decision-
making process at this US Fishing Boat Manufacturer?
The mission and vision statement impacts the decision-making process by first: clarifying
and defining their mission. It also allows the employees to become more strategic and
innovate to provide the customer-driven design and growth in the industry. It allows them to
establish realistic goals and create solutions.
The vision statement is primarily the ideals from the founders which also impacts the
employees with incentive and rewards to create a better decision-making process.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller AcademicAllure. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
84190 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now