Decisions in Paradise Part I Term Paper

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Decisions in Paradise

The many infrastructure and culturally-based challenges that Nik, his team and Mr. Morales face illustrate how challenging new business development can be in an island nation the size and location of Kava. What is immediately apparent from the case is that there is ample opportunity to enrich the island's economy and people while also building a strong, scalable business at the same time. Today however the island nation has an infrastructure that is lacking, an economy that is for the most part agrarian, and a young inexperienced workforce lacking advanced skills and education. It's going to be very challenging for Nik and his team to build a business on Kava, making the selection of a common vision, strategic plan and objectives, and core values of the team critical for their success. The decision making tools used, and the selection of vision, mission and goals all need to be so tightly integrated that the team finds purpose and meaning in each activity and strategy while attaining the broader objectives of developing the island. Nike and his team will also need to ensure the core vision, mission and core values are all agile enough to respond to swift changes in the economic and socio-political structure of the island yet rigid and strong enough to be actionable (Pandelica, Pandelica, Dabs, 2010). The unique attributes of this type of framework are critical for excelling on Kava, known for natural disasters, extreme weather events and general unpredictability of infrastructure.

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To ensure the success of this venture, Nike will also need to make sure every member of the team has bought into and internalizes the mission, vision and direction of the team. And while there are many decision making frameworks and approaches he could use, Nik needs to concentrate on a participative management style to give each team member a chance to own the direction they are going in and be committed to it (Muller, Turner, 2010). By doing this, Nik will ensure a very high level of trust and transparency across team members including a high level of accountability over results as well, which will lead to greater accomplishment (Alstyne, Brynjolfsson, Madnick, 1997).

Review of Decision Making Techniques The Team Can Use

Nik needs to choose a decision-making technique that will provide for the high level of uncertainty in the broader Kava environment while still keeping a solid framework in place for making the best possible decisions overall. The optimal decision making techniques take into account the specific strengths and direction of a team, integrating them to the unique market opportunities and threats to ensure the best possible outcome of many is chosen (Muller, Turner, 2010). Using both logic-reasoning and reflective approaches are critical for actively promoting and assuring a high level of participatory activity and ownership of decisions made through….....

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"Decisions In Paradise Part I" (2012, February 13) Retrieved May 17, 2024, from
https://www.aceyourpaper.com/essays/decisions-paradise-part-54205

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"Decisions In Paradise Part I" 13 February 2012. Web.17 May. 2024. <
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"Decisions In Paradise Part I", 13 February 2012, Accessed.17 May. 2024,
https://www.aceyourpaper.com/essays/decisions-paradise-part-54205
   

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