Managing Under Uncertainty

Course code GSBS6001
Available in 2016
Available in 2017
2016 Course Timetables 2017 Course Timetables

Description

Managing Under Uncertainty (MUU) develops introductory skills concerning managerial decision making. You will develop an understanding of decision making processes with a focus on critical judgment, analytical logical reasoning and creative problem solving. You will also be introduced to decision-making challenges and contexts that are faced by managers under incomplete information and bounded rationality.

Availability

UoN Singapore

  • Trimester 3 - 2016 (Singapore)
  • Trimester 1 - 2017 (Singapore)
  • Trimester 2 - 2017 (Singapore)
  • Trimester 3 - 2017 (Singapore)

Sydney Elizabeth Street

  • Trimester 3 - 2016
  • Trimester 1 - 2017
  • Trimester 2 - 2017
  • Trimester 3 - 2017

WebLearn GradSchool

  • Trimester 3 - 2016
  • Trimester 1 - 2017
  • Trimester 2 - 2017
  • Trimester 3 - 2017

Newcastle City Precinct

  • Trimester 3 - 2016
  • Trimester 1 - 2017
  • Trimester 2 - 2017
  • Trimester 3 - 2017

Learning Outcomes

On successful completion of the course students will be able to:

1. Explain how human behavioural and social factors influence decision making in organisations.

2. Use relevant sources to construct and support a written argument.

3. Critically evaluate the limitations of rational decision-making process models applied in organisations.

4. Demonstrate ability to reflect on own decision making in an organisational setting, as well as the decision making of others.

Content

This course includes but is not limited to the following topics:

  1. Nature of decision making
  2. Decision making theories, models and processes
  3. Uncertainty, risk and high stakes in decision making
  4. Personality and values in decision making
  5. Ethics and ethical practice in decision making
  6. Psychology of decision-making
  7. Sociology of groups and decision making
  8. The social psychology of decision making
  9. The politics of decision making
  10. Evaluation of decisions

Assessment Items

Written Assignment: Observation Review

Written Assignment: Group Task and Individual Reflection

Formal Examination: Final Examination

Contact Hours

Newcastle City Precinct, UoN Singapore, Sydney Elizabeth Street and WebLearn GradSchool

Workshop

Face to Face On Campus 3 hour(s) per Week for Full Term

The workshop will be an interactive workshop for the full trimester or equivalent online delivery.