General Motors and the United Auto Workers Labor Agreement
Judgment in Managerial Decision making
General Motors and the United Auto Workers have been among the America's largest manufacturers of motor vehicles and related parts. Following pressure of the two leading manufacturers going bankrupt they had to negotiate a change in the labor agreement as an urgent move. The workers and the communities are to be adversely affected by this part of restructuring.
Some of the decisions reached during the negotiation affected the workers negatively in as much as they were mainly to prevent the collapse of the two manufacturers. General Motors reached a decision to close or idle 17 of its facilities, where Chrysler was to close eight plants. The GM seeks to reduce its 60,000 strong UAW workforce by up to 20,000. On the top of that Chrysler is to reduce positions because of the plant closures, however the impact was to be reduced when Fiat brings small car production as well as key engine technology into Chrysler facilities, (Chris Isidore, 2011)....
Decision Making Deciding Whether to Accept a New Career Position or Not I've been working for the same employer for eight years and have only received one raise. The company is good about providing bonuses and I have an exceptionally high level of freedom, yet I am interested in moving further ahead in my career, earning a higher salary, and getting into a company who has opportunities for advancements. I'd also like
Decision Making Personal Decision-Making: Deciding to Accept a New Job Offer or Not Having worked for the same company for over eight years and not having seen a raise in five of those years, it was time to consider options for a new job. The possibility of advancing my career, earning more salary, getting greater levels of professional recognition and learning more in an expanded role in a new company all were
Be a good example to him. Demonstrate to him good work habits and if possible show to him the incentives and rewards that I achieved from practicing professionalism at work. The advantage to this is that my fellow co-worker can have motivation at work. The disadvantage on the other hand is that he might have a wrong concept and ask the same incentives and rewards from the management despite of
Decision Making Model Decision-Making Model An individual's life, it is often said, is nothing but a reflection of choices that were made. Thus, individuals who make well-thought out decisions are more likely to feel content and fulfilled, whereas individuals who are driven by impulse often end up taking many a wrong turn in life. The preceding observation is especially true of decisions that are made at critical junctures of a person's life
Decision Making Model Decision making is defined as the cognitive process of selecting a course of action from among multiple alternatives (Wikipedia, 2004). Effective decision making, however, is contingent on an individual or group's ability to select the course of action, which is most likely to result in goal or task accomplishment. In the business world, this is easier said than done since most decisions involve taking into consideration a myriad
Decision Making Tool: Cost/Benefit Analysis The decision making tool to be discussed is a cost/benefit analysis. A cost/benefit analysis generally is used within management to generate solutions to problems and help teams decide what course of action is best based on a set of established criteria. The solutions developed as a result of a cost benefit analysis may or may not prove worthwhile; however they do allow management the opportunity to
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now