Instructions Chapter 12: Medford University The Medford University case study should provoke you to explore what you would think about if you found yourself in a crisis similar to what the president...

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Instructions

Chapter 12: Medford University



The Medford University case study should provoke you to explore what you would think about if you found yourself in a crisis similar to what the president of Medford University, Hiromi Kobayashi, currently finds himself in. As an extension of the questions provided to you in the case study, you should think about (a) why Hiromi would allocate decision management responsibilities related to cutting back the university’s fringe benefits plan to a committee and not the human resource’s staff, (b) whether Hiromi would want to allocate decision rights to the committee or does he want to retain them himself, (c) whether you think that the committee will always make a decision that is in the best interest of the university, and (d) why the president appointed his key assistant and chief administrator to powerful positions on the subcommitte. The key economic terms that you could integrate into your responses are as follows: (a) general versus specific knowledge, (b) allocation of decision rights and decision management and control, (c) tradeoffs, (d) the use of teams in decision-making, and (e) the appendix of the chapter has a good discussion about agenda control.





Answered Same DayJun 19, 2022

Answer To: Instructions Chapter 12: Medford University The Medford University case study should provoke you to...

Rochak answered on Jun 20 2022
79 Votes
a. The decision management responsibilities related to cutting back the university’s fringe benefits plan were allocated to a committee (i.e., the task force which was appointed by President Hiromi Kobayashi) and not to the human resources staff President Hiromi Kobayashi because the president believed that the best possible decision related to the cutting back on the fringe benefits will be best if it was taken by a diverse group of members than just the company’s human resources staff. This rationale by the president was developed based on the research where it was mentioned that any decision taken by a group of members with explicit knowledge will assist well in the decision-making process. (Hausman & McPherson 1993). Also, President Hiromi was aware that if the decision will be put on the table it will be accepted when a discussion happens among the organisation members after the decision is taken by the committee comprising of various seniors and more experienced members. Therefore, the decision management responsibilities were assigned to the committee to generate a plan which will be accepted by the university. The plan would have ensured that the best decision is proposed to the university which can be undertaken as it will benefit the university more than anything, also an outside committee or an individual committee make sure that no bias comes into the picture while...
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