Decision Making and Problem Solving (MGT 312)

Question(s):   (Marks 15)

Part-I

Read the article titled as “What Are Your Decision-Making Strengths and Blind Spots?” by Cheryl Strauss Einhorn published in Harvard Business Review, and answer the following Questions:

Summarize the article and explain the main issues discussed in the article. (In 500-600 words)  (Marks 5)

According to the author what is Problem Solver Profiles (PSPs). How the five different decision-making archetypes help you in improving decision-making and problem-solving skills?  Explain in relation with the text you learnt in the course. Use additional reference to support your argument. (In 400-500 words) (Marks 5)

Part-II- Critical Thinking Question

“Problem-solving is a daily task in any business. But what to do when significant problems keep coming back? Think about the last major problem you encountered. Did you take the time to discover the actual underlying cause or did you implement a quick fix that dealt with the symptoms? Discuss in detail the about the root cause analysis. (Words 400-500)   (Marks 5)