MSLD632 - Module 3 - Framing Complex Decisions - Madeline Campbell
Effective decision-making is crucial
for leaders and managers within an organization, as they are making hundreds of
decisions every day. These decisions are affecting every aspect of their
company, team and customers. Hoch,
Kunreuther and Gunther state in their
book Wharton of Decision Making,
“Good decision making has often been described as following an orderly and
logical process from framing a problem, assembling alternatives, evaluating
them, and choosing the best one to implement” (2001). However, with natural
environmental and technological growth, decision-making is a fast-paced,
ever-changing environment that has greatly shifted over time. Within the
admission department at Embry-Riddle Aeronautical University in Arizona, we
utilize various approaches when dealing with complex, multiple stakeholders and
environmental decision-making processes.
COMPLEX DECISIONS
First, within complex decisions,
the counselors face unending data regarding potential students, past students,
current students and the like. We utilize a CRM called Salesforce. Within this
CRM, the vast majority of datamining available to us is outstanding. However,
since there is a dense amount of data that must be shifted through and utilized
to enhance our decision making, we utilize very specific reports to aid in our
travel planning process. Hoch,
Kunreuther and Gunther relay that,
“Managers are using tools such as data mining and data warehousing to harness
this avalanche of data in their business decisions. (2001). With the
multifaceted decisions we are required to make, this data analysis simplifies
our decision-making process through specific reports that are available via new
technologies. If I could implement some changes to how my department utilizes
this technology, I would make an alteration of only allowing certain reports to
be available for counselors. There is a mass amount of data available, and our
department may become overwhelmed when researching the data for making
decisions. Often times, counselors use too much of their time trying to find
certain reports, or get stuck on simply where to look/how to find reports. This
is a downfall of having so much information at our fingertips. Bennet and
Bennet state in their research, The
Decision-Making Process for Complex Situations in a Complex Environment (2008), “As with any informed decision-making
process, we move into the complexity decision space with the best toolset and
as deep an understanding of the situation as possible. That toolset may include
experience, education, relationship networks, knowledge of past successes and
historic individual preferences, multiple frames of reference, cognitive
insights, wellness (mental, emotional and physical) and knowledge of related
external and internal environmental pressures” (p. 3).
MULTIPLE STAKEHOLDERS DECISIONS
Another decision counselors are faced with every day is making
admission decisions. Our admission decision process, as well as recruiting
guidelines, are governed by the National Association of Admission Counselors (NACAC).
Therefore, since we are “competing” with other top STEM based universities, we
have to ensure that our decision are following these guidelines with outside
stakeholders (NACAC). We cater to
multiple stakeholders, such as other universities, students, parents and simply
other ERAU departments, therefore sticking to the NACAC guidelines is important
to ensure we are operating fairly according to the regulations in place. “The
key is to link this external stakeholder mapping process to company strategy.
When this multiparty approach is coupled with detailed knowledge edge of
historical trends and outcomes, provided by the types of data and systems
modeling described earlier, a company can integrate and communicate its market
and investment strategies to all affected stakeholders in a responsible manner”
(Hoch, Kunreuther and Gunther, 2001). Since ERAU Admissions is
governed by a very strict and specific set of policies, this removes the
complex factor of decision making with stakeholders, as we all hold ourselves
to the NACAC standard.
ENVIRONMENTAL DECISIONS
Since the admissions department is primarily focused on recruiting
high school students, our pyramid on how we recruit and communicate with prospective
students is ever-changing. Technology is continually growing and evolving for
17 and 18 year olds, therefore, we have to alter how we utilize technology to
make decisions within our communication.
First, we have pretty learned that contacting our students via email or
text messaging is the best way to get ahold of them. NACAC requires that the
admissions department only text a student if they have submitted an application
to the institution, therefore we take this into consideration when deciding how
to communicate to a prospective student. Another environmental factor we have
to take into consideration is the changing and growing field of academics and
competiveness. Thankfully Embry-Riddle, for both residential campuses as well
as our online programs, have very high academic levels. However, it is
difficult to relay this to high school students who may not know much about the
university. Therefore, creating Instagram and YouTube videos that outline the
strong academic structure that ERAU upholds has been a new tactic that has
changed with environmental and technological changes.
References
Hoch, S. H., Kunreuther, H., &
Gunther, R. (2001). Wharton on Making Decisions. New York: Wiley.
Bennet, A, Bennet, D, Burstein, F & Holsapple, C. (2008). The
Decision-Making Process in a Complex Situation
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