Wednesday, March 6, 2019
Decisions: Good and Bad
finales Good and Bad Introduction In the news today, it seems as though alwaysything we hear is negative. While I was search for an organization that recently make a good decision, it appears that most of the things we look at and/or hear ab let on these days are the bad. I found plenty of information on bad decisions made recently, however call down about incontrovertible decision- devising seems to be scarce. In this paper, I will hold forth my views of a former CEO of a global conglomerate and the positive decisions he has made, as well as a recent abject decision made by a nonher large corporation.A Good Decision For decades, we have heard the brand names Apple or Macintosh. If sensation were to judge the decision-making skills of Steve Jobs based on the success of Apple, one would have to rate that he had to possess some of the best decision-making skills possible. Over the past a few(prenominal) years, we have seen the MacBook, iPods, iPhones and the iPad. With the c ompetition of Dell, Hewlett-Packard, Compaq and Microsoft to name a few, the Apple organization has made great strides to maintain its place at the top of the consumers list.One of the best decisions ever made by Steve Jobs was to return to Apple as CEO and bind the market by storm with innovative applied science and a excerpt unsurpassed by any other company. Through dedication, hard get to and a vision, he has brought technology to a completely new take and others are left to catch up. With the desire to provide consumers with products that they were not counterbalance sure that they wanted, Jobs has made his place in corporate America.Through his decisions to take the humanity by storm and develop the ideas that seemed nearly impossible, he has left rather a challenge in trying to surpass the advancements in technology that he has achieved. A Bad Decision Over the past few years, there has been a vast growth in technology and the garland of products offered to consumers. One of the most popular novelties in entertainment today is the function offered by Netflix. The company began as a mainstream DVD rental supplier and later transformed into an online movie-streaming leader.Recently, Netflix experienced an exceptional growth in subscriptions and show a high customer demand. However, due to terrible management decisions, the material body of the company would soon become tarnished. It seems as if the decision-makers of the company misunderstood the sympathy behind its success and imposed a steep increase in price for the DVD plus streaming subscribers. Offering no wise explanation behind this decision, Netflix quickly experienced a momentous downfall.They did not have content that would make the company indispensable, and since most customers used the go because of the low subscription rates, stock prices would fall and consumers were looking elsewhere. This has now opened up a window of opportunity for newcomers such as Blockbuster, Amazon an d Redbox. induction While decisions are made within organizations each day, the level of look for and the motive behind the decision may be the most grand factor.The good decision that I described above was driven by the desire to succeed and to create innovative products and making them available to a large group of consumers. The bad decision seems to have been made out of greed and should never be a factor in making decisions at such high level. I believe that as prospicient as the people making decisions stay focused on what is truly important to the organization, major pitfalls or obstacles may be avoided.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment