Ethical Reasoning Ethical dilemmas can sometimes be very complex situations where the decision and individual makes could have a negative effect on either party, depending on which decision you choose. I believe that every person has the intention of doing the right thing but in some cases there is not a right choice and one or both sides of the situation could have negative consequences. For example lets take four individuals in a college setting, three guys and one girl. The guy’s names are…
Michelle, 26, and Jorge, 29 having been dating approximately 4 almost 5 years. She is from Ecuador and he is from Peru. They both felt in love when they meet for the first time at the University they both attend in Miami, Florida. As their fifth anniversary, approximate they have plans to celebrate it in a different way so for that they have planned to take a trip to Cancun, Mexico. But, in order to get the preparation started they are debating whether to take an airplane or to simply make it a…
hired to make major decisions based on the company you work for. Now your boss calls you into his office and asks you to decide whether the company should remain on the path they already follow, or they should completely branch off into a different market, what should you do? Without more information it is impossible to make an educated decision.…
Leaders in an educational organization are constantly involved in the decision-making process to solve routine challenges and problems of practice in an effective way to achieve an organizational goal. “Effective leaders try to quickly identify the cause of the problem, and they provide firm and confident direction to their team as they cope with the problem.” (Yukl G, 2012, p.70) It is, therefore, important for leaders to recognize the nature of the problem and then act accordingly to solve it…
2006 FIFA World Cup in Germany, an economic boost of $12.5 billion (USD), 26 billion in television audience, and 18 million visited the fan zones and 5 million international tourists. Even though mega events produce numerous benefits, there is a major risk in hosting a mega event. Since 9/11 there is a need for higher security presence which cost the 2004 Athens Summer Olympics $1.5 billion (USD). “Sports mega-events not only give rise to major economic and socio-cultural opportunities for the…
Risk management primarily refers to the risk of life that an organization must account and conduct procedures for, implying that the risk is already present and not created by the organization’s decisions which grants a protective coating for the consequences of the risk to be hidden. Risks can be managed in one of three categories: preventable risks, strategy risks, and external risks; which are categorized based on the level of controllability an organization can take accountability for.…
Decision Making Strategy Life is full of decisions. Some decisions are minor. For example, choosing products at the grocery store, like which flavors of ice cream should I pick? However, other decisions are essential. For instance should I get married or should I move and take the new job? Therefore, the quality of the decisions may dictate the quality of your lifestyle. According to CDMP It seems that when I am required to make a decision, I immediately begin dealing with it, without…
very uncomfortable place. If leaders do not handle this carefully, uncertainty avoidance can have a strong negative influence on employees’ loyalty, and employees can be easily demotivated. One of the best ways to avoid this is to measure employees’ risk tolerance by creating a company event that creates uncertainty issue as a testing. Another way is to have employees answering some sort of personality questionnaires when they first enter the company. That way leaders can have a better…
emotions are not produced from the process of decision making, they can distort an individual’s perception about various decisions. For instance, a pivot set of studies found out that people who read a happy article make more optimistic judgements about risk of future consequences of an irrelevant subject than people who read a sad article (41). Several studies have found that when people try to predict their future feelings they project their current feelings and consequently their current…
Be Bold “It is only by being bold that you get anywhere. If you are a risk-taker, then the art is to protect the downside.” - Richard Branson. From Abraham Lincoln to Colin Kaepernick, bold actions are taken everywhere and every day. It takes someone with true courage to do something revolutionary, because the possibilities of the outcomes are endless. Regardless of whether the result of the action is good or wasn’t as great as it was planned to be, I believe that it was worth it. To…