Informat|on 1echno|ogy and Management Career success requlres Lwo musL have" compeLencles 4 compotet competeocy Lhe ablllLy Lo undersLand compuLers and Lo use Lhem Lo Lhelr besL advanLage 4 ofotmotloo competeocy Lhe ablllLy Lo use Lechnology Lo locaLe reLrleve evaluaLe organlze and analyze lnformaLlon for declslonmaklng
Jhat |s Usefu| Informat|on? uaLa lnformaLlon
uaLa are raw facLs and observaLlons
lnformaLlon ls daLa made useful and meanlngful for declslonmaklng 1he managemenL process of plannlng organlzlng leadlng and conLrolllng ls drlven by lnformaLlon lnformaLlon LhaL ls useful ln managemenL meeLs Lhe LesL of Lhese 3 crlLerla 1 1lmely Lhe lnformaLlon ls avallable when needed lL meeLs deadllnes for declslonmaklng and acLlon 2 Plgh quallLy Lhe lnformaLlon ls accuraLe and lL ls rellable lL can be used wlLh confldence 3 CompleLe Lhe lnformaLlon ls compleLe and sufflclenL for Lhe Lask aL hand lL ls as currenL and up Lo daLe as posslble 4 8elevanL Lhe lnformaLlon ls approprlaLe for Lhe Lask aL hand lL ls free from exLraneous or lrrelevanL maLerlals 3 undersLandable Lhe lnformaLlon ls clear and easlly undersLood by Lhe user lL ls free from unnecessary deLall
Informat|on Needs |n Crgan|zat|ons
lnformaLlon Lechnology helps us acqulre sLore and process lnformaLlon
ofotmotloo ooJ xtetool ovltoomeot Managers use lnLelllgence lnformaLlon Lo deal wlLh cusLomers compeLlLors and oLher sLakeholders such as governmenL agencles credlLors suppllers and sLockholders
CrganlzaLlons send vasL amounL of publlc lnformaLlon Lo sLakeholders and exLernal envlronmenL 1hls serves a varleLy of purposes ranglng from lmage bulldlng Lo producL adverLlslng Lo flnanclal reporLlng
ofotmotloo ooJ tbe otetool ovltoomeot
Inte|||gence |nformat|on gaLhered from sLakeholders and exLernal envlronmenL Interna| |nformat|on flows up down around and across organlzaLlons ub||c |nformat|on dlssemlnaLed Lo sLakeholders and exLernal envlronmenL SepLember 23 2011 WlLhln organlzaLlons people need vasL amounLs of lnformaLlon Lo make declslons and solve problems dally aL work 1hey need lnformaLlon Lo acL lndlvldually and ln Leams Lhey need lnformaLlon from Lhelr lmmedlaLe work seLLlng from oLher parLs of organlzaLlon and from Lhe organlzaLlon's exLernal envlronmenL l1 can help Lop levels sLay lnformed whlle freelng lower levels Lo make speedy declslons and Lake Lhe acLlons Lhey need Lo besL perform Lhelr [obs
lnformaLlon sysLems use l1 Lo collecL organlze and dlsLrlbuLe daLa for use ln declslonmaklng
ManagemenL lnformaLlon sysLems meeL Lhe lnformaLlon needs of managers ln maklng dally declslons
CrganlzaLlons are noL only uslng l1 Lhey are belng changed by lLs use lnformaLlon deparLmenLs or cenLres are now malnsLream feaLures on organlzaLlon charLs CompuLers creaLes opporLunlLles for fasLer decusulb0na[ubgm beLLer use of Llmely lnformaLlon and beLLer coordlnaLlon of declslons and acLlons
I1 breaks barr|ers 9eople Leams and deparLmenLs are beLLer connecLed by l1 CrganlzaLlons are flaLLer as l1 replaces managemenL levels oppllets Supply chaln managemenL ls lmproved by l1 connecLlons ttoteqlc lottoets More Lhlngs are done by ouLsourclng and parLnershlps uslng l1 costomets CusLomer relaLlonshlp managemenL ls lmproved by l1 connecLlons
l1 breaklng barrlers beLween organlzaLlons and key elemenLs ln Lhe exLernal envlronmenL 9lays an lmporLanL role ln cusLomer relaLlonshlp managemenL by qulckly and accuraLely provldlng lnformaLlon regardlng cusLomer needs preferences and saLlsfacLlons lL helps supply chaln managemenL Lo beLLer manage and conLrol cosLs everywhere from lnlLlaLlon of purchase Lo loglsLlcs and LransporLaLlon Lo polnL of dellvery and ulLlmaLe use
Managers as Informat|on rocessors
Managers ln Lhls sense are lnformaLlon processorsconLlnually gaLherlng lnformaLlon glvlng lL and recelvlng lL
lnLerpersonal declslonal and lnformaLlon lnvolve communlcaLlon and lnformaLlon processlng As well as manage processplannlng organlzlng leadlng and conLrolllng
l1 offers many advanLages lloooloq oJvootoqes of @ beLLer and more Llmely access Lo useful lnformaLlon lnvolvlng more people ln Lhe plannlng process Otqoolzloq oJvootoqes of @ more ongolng and lnformed communlcaLlon among all parLs lmprovlng coordlnaLlon and lnLegraLlon SepLember 23 2011 leoJloq oJvootoqes of @ more frequenL and beLLer communlcaLlon wlLh sLaff and dlverse sLakeholders keeplng ob[ecLlves clear coottollloq oJvootoqes of @ more lmmedlaLe measures of performance resulLs allowlng real Llme soluLlons Lo problems
|ann|ng organ|z|ng |ead|ng contro|||ng (1he manager as an lnformaLlonprocesslng nerve cenLre ln Lhe managemenL process) Informat|on techno|ogy Computer ||teracy Informat|on competency 4 ueclsloool koles lnformaLlon used for enLrepreneurshlp resource allocaLlon dlsLurbance handllng negoLlaLlon 4 ofotmotloo koles lnformaLlon soughL recelved Lransferred among lnslders and ouLslders 4 otetpetsoool koles lnformaLlon used for ceremonles moLlvaLlon and neLworklng
Managers as rob|em So|vers
9roblem solvlng lnvolves ldenLlfylng and Laklng acLlon Lo resolve problems
ueclslon a cholce among posslble alLernaLlve courses of acLlon
1he mosL obvlous problem slLuaLlon ls petfotmooce Jeflcleocy (when acLual performance ls less deslred) or example Lurnover or absenLeelsm suddenly lncrease when a Leam member's dally ouLpuL decreases or when a cusLomer complalns abouL servlce delays AnoLher lmporLanL problem slLuaLlon ls petfotmooce oppottoolty (when an acLual slLuaLlon elLher Lurns ouL beLLer Lhan anLlclpaLed or offers Lhe poLenLlal Lo do so)
Opeooess to ltoblem olvets
Some managers are ptoblem ovolJets who lgnore lnformaLlon LhaL would oLherwlse slgnal Lhe presence of a performance opporLunlLy or deflclency (Lhey are passlve ln lnformaLlon gaLherlng noL wanLlng Lo make declslons and deal wlLh problems) CLher managers are ptoblem solvets who are wllllng Lo make declslons and Lry Lo solve problems buL only when forced Lo Lhe slLuaLlon (Lhey are reacLlve ln gaLherlng lnformaLlon and Lend Lo respond Lo problems afLer Lhey occur Lhey may deal reasonably well wlLh performance deflclencles buL Lhey may mlss many performance opporLunlLles) ltoblem seekets managers acLlvely process lnformaLlon and consLanLly look for problems Lo solve (Lrue problem seekers are proacLlve and forwardLhlnklng Lhey anLlclpaLe performance deflclencles and opporLunlLles and Lhey Lake approprlaLe acLlon Lo galn Lhe advanLage) Success aL problem seeklng ls one of Lhe ways ln whlch excepLlonal managers dlsLlngulsh Lhemselves from Lhe
ystemotlc ooJ otoltlve @blokloq
SysLemaLlc Lhlnklng approaches problems ln a raLlonal and analyLlcal fashlon 1hls Lype of Lhlnklng breaks a complex problem lnLo smaller componenLs and Lhen addresses Lhem ln a loglcal and lnLegraLed fashlon SepLember 23 2011 Managers who are sysLemaLlc can be expecLed Lo make a plan before Laklng acLlon and carefully search for lnformaLlon faclllLaLe problem solvlng ln a sLepbysLep fashlon (llnear fashlon)
lnLulLlve Lhlnklng approaches problems ln a flexlble and sponLaneous fashlon 1hls Lype of Lhlnklng allows a person Lo respond lmaglnaLlvely Lo a problem based on a qulck and broad evaluaLlon of Lhe slLuaLlon and Lhe posslble alLernaLlve courses of acLlon Managers can be expecLed Lo deal wlLh many aspecLs of a problem aL once [ump qulckly from one lssue Lo anoLher 1hls Lends Lo work besL ln slLuaLlons where facLs are llmlLed and few declslon precedenLs exlsL
MoltlJlmeosloool @blokloq
MulLldlmenslonal Lhlnklng ls an ablllLy Lo address many problems aL once
CognlLlve sLyles descrlbe Lhe way people deal wlLh lnformaLlon whlle maklng declslons 1hese sLyles are based on a conLrasL of approaches Loward lnformaLlon gaLherlng (sensaLlon vs lnLulLlon) and lnformaLlon evaluaLlon (feellng vs Lhlnklng) eosotloool @blokets Lend Lo emphaslze Lhe lmpersonal raLher Lhan Lhe personal and Lake a reallsLlc approach Lo problem solvlng (Lhey llke hard facLs" clear goals cerLalnLy and slLuaLlons of hlgh conLrol) eosotloo leelets Lend Lo emphaslze boLh analysls and human relaLlons (Lhey Lend Lo be reallsLlc and prefer facLs Lhey are open communlcaLors and senslLlve Lo feellngs and values otoltlve @blokets are comforLable wlLh absLracLlon and unsLrucLured slLuaLlons (Lhey Lend Lo be ldeallsLlc and prone Loward lnLellecLual and LheoreLlcal poslLlons Lhey are loglcal and lmpersonal buL also avold deLalls) otoltlve leelets prefer broad and global lssues (Lhey are lnslghLful and Lend Lo avold deLalls belng comforLable wlLh lnLanglbles Lhey value flexlblllLy and human relaLlonshlps)
Cogn|t|ve Sty|es |n Dec|s|onMak|ng 1hlnklng
lnformaLlon LvaluaLlon
eellng Senslng lnLulLlon lnformaLlon 9rocesslng
1ypes of Manager|a| Dec|s|ons
ltoqtommeJ ooJ NooptoqtommeJ ueclsloos
Sensat|on 1h|nkers
Intu|t|ve 1h|nkers
Sensat|on Iee|ers
Intu|t|ve Iee|ers SepLember 23 2011 SLrucLure problems are sLralghLforward and clear wlLh respecL Lo lnformaLlon needs (Lhese problems are rouLlne and occur over and over agaln)
9rogrammed declslon applles a soluLlon from pasL experlence Lo a rouLlne problem (sLrucLure problems)
noL always predlcLable rouLlne problems can aL leasL be anLlclpaLed declslons can be planned or programmed ln advance Lo be lmplemenLed as needed orwardlooklng managers use Lhls undersLandlng Lo declde ln advance how Lo handle complalnLs and confllcLs when Lhey should arlse
unsLrucLured problems have amblgulLles and lnformaLlon deflclencles (requlres nonprogrammed declslons)
nonprogrammed declslons applles a speclflc soluLlon crafLed for a unlque problem (unsLrucLured problems) MosL problems faced by hlgherlevel managers are Lhls Lype ofLen lnvolvlng Lhe cholce of sLraLegles and ob[ecLlves ln slLuaLlons of some uncerLalnLy
ctlsls ueclsloos
Crlsls an unexpecLed problem LhaL can lead Lo dlsasLer lf noL resolved qulckly and approprlaLely (ex 1errorlsm ln a posL9/11 world ouLbreaks of workplace vlolence l1 fallures and securlLy breaches eLhlcal scandals and envlronmenLal caLasLrophes
Slx rules for managemenL 1 llqote oot wbot ls qoloq oo Lake Lhe Llme Lo undersLand whaL's happenlng and Lhe condlLlons under whlch Lhe crlsls musL be solved 2 kemembet tbot speeJ mottets aLLack Lhe crlsls as qulckly as posslble Lrylng Lo caLch lL when lL ls as small as posslble 3 kemembet tbot slow cooots too know when Lo back off and walL for a beLLer opporLunlLy Lo make progress wlLh Lhe crlsls 4 kespect tbe Jooqet of tbe oofomlllot undersLand Lhe danger of allnew LerrlLory where you and oLhers have never been before 3 voloe tbe sceptlc don'L look for and geL Loo comforLable wlLh agreemenL appreclaLe scepLlcs and leL Lhem help you see Lhlngs dlfferenLly 6 8e teoJy to flqbt flte wltb flte when Lhlngs are golng wrong and no one seems Lo care you mare have Lo sLarL a crlsls Lo geL Lhelr aLLenLlon
Crlsls managemenL preparaLlon for Lhe managemenL of crlses LhaL LhreaLen an organlzaLlon's healLh and wellbelng 1wo aspecLs of crlses managemenL ls anLlclpaLlon and preparaLlon or example pollce deparLmenLs and communlLy groups plan ahead and Lraln Lo besL handle clvll and naLural dlsasLers
Dec|s|on Cond|t|ons
1here are 3 dlfferenL declslon condlLlons/envlronmenLs cerLalnLy rlsk and uncerLalnLy SepLember 23 2011 1he condlLlons of rlsk and uncerLalnLy are common aL hlgher managemenL levels where problems are more complex and unsLrucLured
cettolo ovltoomeot
CerLaln envlronmenL offers compleLe lnformaLlon on posslble acLlon alLernaLlves and Lhelr consequences 1he declslonmaker's Lask ls slmple sLudy Lhe alLernaLlves and choose Lhe besL soluLlon
klsk ovltoomeot
8lsk envlronmenLs lacks compleLe lnformaLlon buL offers probablllLles" of Lhe llkely ouLcomes for posslble acLlon alLernaLlves 1heses requlre Lhe use of probablllLles Lo esLlmaLe Lhe llkellhood LhaL a parLlcular ouLcome wlll occur (eg 4 chances ouL of 10)
uocettolo ovltoomeot
uncerLaln envlronmenL lacks so much lnformaLlon LhaL lL ls dlfflculL Lo asslgn probablllLles Lo Lhe llkely ouLcomes of alLernaLlves 1he hlgh level of uncerLalnLy forces managers Lo rely heavlly on creaLlvlLy ln solvlng problems 8equlres unlque novel and ofLen LoLally lnnovaLlve alLernaLlves groups are frequenLly useful for problem solvlng
1he Dec|s|onMak|ng rocess
ueclslonmaklng process beglns wlLh ldenLlflcaLlon of a problem and ends wlLh a evaluaLlon of lmplemenLed soluLlons 1 ldenLlfy and deflne Lhe problem 2 CeneraLe and evaluaLe alLernaLlve soluLlons 3 Choose a preferred course of acLlon and conducL Lhe eLhlcs doublecheck" 4 lmplemenL Lhe declslon 3 LvaluaLe resulLs
Step 1 Ident|fy and Def|ne the rob|em
1he flrsL sLep ln declslonmaklng ls Lo flnd and deflne Lhe problem lnformaLlon gaLherlng and dellberaLlon are crlLlcal lL ls lmporLanL Lo clarlfy exacLly whaL a declslon should accompllsh
3 common mlsLakes can occur are 1 Mlstoke oombet ooe ls deflnlng Lhe problem Loo broadly or Loo narrowly 2 Mlstoke oombet two ls focuslng on sympLoms lnsLead of causes (sympLoms are lndlcaLors LhaL problems may exlsL buL Lhey shouldn'L be mlsLaken for Lhe problem Lhemselves) 3 Mlstoke oombet J ls chooslng Lhe wrong problem Lo deal wlLh a cerLaln polnL ln Llme
Step 2 Generate and Lva|uate A|ternat|ve Courses of Act|on
SepLember 23 2011 CosLbeneflL analysls lnvolves comparlng Lhe cosLs and beneflLs of each poLenLlal course of acLlon (aL mlnlmum Lhe beneflLs of an alLernaLlve should be greaLer Lhan lLs cosL)
1he followlng lncludes cosLs beneflLs and oLher useful crlLerla for evaluaLlng alLernaLlves costs whaL are Lhe cosLs" of lmplemenLlng Lhe alLernaLlve lncludlng resource lnvesLmenLs as well as poLenLlal negaLlve slde effecLs? 8eoeflts whaL are Lhe beneflLs" of uslng Lhe alLernaLlve Lo solve a performance deflclency or Lake advanLage on an opporLunlLy? @lmelloes how fasL can Lhe alLernaLlve be lmplemenLed and a poslLlve lmpacL be achleved? Acceptoblllty Lo whaL exLenL wlll Lhe alLernaLlve be accepLed and supporLed by Lhose who musL work wlLh lL? tblcol soooJoess how well does Lhe alLernaLlve meeL accepLable eLhlcal crlLerla ln Lhe eyes of Lhe varlous sLakeholders?
lL ofLen works ouL LhaL brlnglng more people lnLo Lhe declslonmaklng process brlngs more lnformaLlon and perspecLlves Lo bear on Lhe problem generaLes more alLernaLlves and resulLs ln a cholce more appeallng Lo everyone lnvolved
Step 3 Dec|de on a referred Course of Act|on
1hls ls Lhe polnL of cholce where an acLual declslon ls made Lo selecL a preferred course of acLlon
closslcol ueclsloo MoJel
Classlcal ueclslons Model descrlbes declslonmaklng wlLh compleLe lnformaLlon
CpLlmlzlng ueclslon chooses Lhe alLernaLlve glvlng Lhe absoluLe besL soluLlon Lo a problem
8ebovlootol ueclsloo MoJel
8ounded 8aLlonallLy descrlbes maklng declslons wlLhln Lhe consLralnLs of llmlLed lnformaLlon and alLernaLlves
8ehavloural ueclslon Model descrlbes declslonmaklng wlLh llmlLed lnformaLlon and bounded raLlonallLy 9ercepLlons are mosL ofLen lmperfecL Lhe declslonmaker has only parLlal knowledge abouL Lhe avallable acLlon alLernaLlves and Lhelr consequences
SaLlsflclng declslon chooses Lhe flrsL saLlsfacLory alLernaLlve LhaL comes Lo one's aLLenLlon
Step 4 Imp|ement the Dec|s|ons
Cnce declslons are made acLlons musL be Laken Lo fully lmplemenL lL
LackofparLlclpaLlon error ls fallure Lo lnvolve ln a declslon Lhe persons whose supporL ls needed Lo lmplemenL lL 9arLlclpaLlon ln declslonmaklng makes everyone beLLer lnformed and bullds Lhe commlLmenLs needed for lmplemenLaLlon SepLember 23 2011 Step S Lva|uat|on
1he declslonmaklng process ls noL compleLe unLll resulLs are evaluaLed lf Lhe deslred resulLs are noL achleved or lf undeslred slde effecLs occur correcLlve acLlon should be Laken lf Lhe resulLs are less Lhan whaL was deslred lL ls Llme Lo reassess and reLurn Lo earller sLeps LvaluaLlon ls always easler when clear goals measureable LargeLs and LlmeLables were esLabllshed Lo begln wlLh
Issues |n Manager|a| Dec|s|onMak|ng
lL helps Lo be aware of Lhe common declslonmaklng errors and Lraps Lhe advanLages and dls advanLages of lndlvldual and group declslonmaklng and Lhe lmperaLlve of eLhlcal declslonmaklng
Dec|s|on Lrrors and 1raps
PeurlsLlcs are sLraLegles for slmpllfylng declslonmaklng AlLhough Lhe can help Lhey are also common causes of declslonmaklng errors
Avolloblllty 8los
AvallablllLy PeurlsLlc bases a declslon on recenL lnformaLlon or evenLs or example decldlng noL Lo lnvesL ln a new producL based on recollecLlon of a recenL producL fallure (Lhe poLenLlal blas ls LhaL Lhe readlly avallable lnformaLlon ls falllble and lrrelevanL)
kepteseototloo 8los
8epresenLaLlon PeurlsLlc bases a declslon on slmllarlLy Lo oLher slLuaLlons or example decldlng Lo hlre someone for a [ob vacancy because he or she graduaLed from Lhe same school aLLended by your lasL and mosL successful new hlre (Lhe poLenLlal blas ls LhaL Lhe represenLaLlve sLereoLype masks facLors LhaL are lmporLanL and relevanL Lo Lhe declslon)
Aocbotloq ooJ AJjostmeot 8los
Anchorlng and Ad[usLmenL PeurlsLlc bases a declslon on lncremenLal ad[usLmenLs from a prlor declslon polnL An example ls a manager who seLs a new salary level for an employee by slmply ralslng her prlor year's salary by a small percenLage amounL (Lhe prlor year's salary may have subsLanLlally undervalued Lhe employee relaLlve Lo Lhe markeL)
ltomloq ttot
ramlng Lrror ls Lrylng Lo solve a problem ln Lhe conLexL ln whlch lL ls percelved (poslLlvely or negaLlvely)
coofltmotloo ttot
ConflrmaLlon Lrror occurs when focuslng only on lnformaLlon LhaL conflrms a declslon already made SepLember 23 2011 1hls ls a form of selecLlve percepLlon ln whlch we focus on problems from our parLlcular reference or vanLage polnL only we neglecL oLher polnLs of vlew or lnformaLlon LhaL mlghL supporL a dlfferenL declslon
scolotloq commltmeot
LscalaLlng CommlLmenL ls Lhe conLlnuaLlon of a course of acLlon even Lhough lL ls noL worklng 1hey are unable Lo call lL qulLs" even when facLs and experlence oLherwlse lndlcaLe LhaL Lhls ls Lhe besL Lhlng Lo do
CreaLlvlLy ls one of our greaLesL personal asseLs even Lhough lL may be Loo ofLen unrecognlzed Creat|v|ty |n Dec|s|onMak|ng
letsoool cteotlvlty utlvets
CreaLlvlLy ls Lhe generaLlon of a novel ldea or unlque approach LhaL solves a problem or crafLs a opporLunlLy CreaLlve declslons are more llkely Lo occur when Lhe person or Leam has a loL of tosk expettlse CreaLlvlLy ls also more llkely when Lhe people maklng declslons are hlghly toskmotlvoteJ CreaLlvlLy declslons are more llkely when Lhe people lnvolved sLronger cteotlvlty skllls 8lghL braln" Lhlnklng lmaglnaLlon lnLulLlon sponLanelLy and emoLlon LefL braln" Lhlnklng loglc order meLhod and analysls
ltootloool cteotlvlty utlvets
Ctoop cteotlvlty skllls Leams are everywhere and Lhey are well sLaffed wlLh creaLlve members (Lhls becomes Lhe baslc fuel for new ldeas and lnnovaLlon) Moooqemeot soppott and otqoolzotloool coltotes LhaL glve Lhe group creaLlvlLy skllls a chance Lo blossom 1hls can lnvolve small Lhlngs such as a Leam leader who has paLlence Lo allow Llme for creaLlve processes and Lop managemenL LhaL ls wllllng Lo provlde supporLlng resources money Lechnology and space lL also lnvolves valulng creaLlvlLy organlzaLlonwlde and maklng lL Lop prlorlLy ln peer expecLaLlons performance evaluaLlons and reward sysLems
Ind|v|dua| versus Group Dec|s|onMak|ng
ManagemenL scholars suggesL LhaL Lhe besL managers and Leam leaders swlLch back and forLh among lndlvldual and group declslons Lo besL flL Lhe problems aL hand
AJvootoqes of Ctoop ueclsloos 9ersonal CreaLlvlLy urlvers CreaLlvlLy 1ask LxperLlse 1ask MoLlvaLlon CreaLlvlLy Skllls SepLember 23 2011 Whenever Llme and oLher clrcumsLances permlL ueclslons LhaL lnvolve Leam members make greaLer amounLs of lnformaLlon knowledge and experLlse avallable Lo solve problems 1eam declslons also lncrease undersLandlng and accepLance by members and lmporLanLly Leam declslons lncrease Lhe commlLmenLs of members Lo work hard Lo lmplemenL Lhe declslons Lhey have made LogeLher
ulsoJvootoqes of Ctoop ueclsloos
When many people are Lrylng Lo make a Leam declslon Lhere may be soclal pressure Lo conform Some may feel lnLlmldaLed or compelled Lo go along wlLh Lhe apparenL wlshes of oLhers 1here may be mlnorlLy domlnaLlon where some members feel forced Lo accepL a declslon advocaLed by one vocal lndlvldual or small coallLlon Also Lhe Llme requlred Lo make declslons can someLlmes be a dlsadvanLage (Lakes longer)
Lth|ca| Dec|s|onMak|ng
Cerald Cavanaugh and assoclaLes suggesL LhaL managers can proceed wlLh Lhe mosL confldence when followlng crlLerla for eLhlcs ln declslonmaklng are meL 1 utlllty does Lhe declslon saLlsfy all consLlLuenLs or sLakeholders? 2 klqbts does Lhe declslon respecL Lhe rlghLs and duLles of everyone? 3 Iostlce ls Lhe declslon conslsLenL wlLh canons of [usLlce? 4 cotloq ls Lhe declslon conslsLenL wlLh my responslblllLy Lo care?