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Case Study 5 - The Busy
Director
A very prominent local citizen and farmer owning a large farm is a
member of your board of directors. He is one who can pull strings and get
almost anything done locally. However, he almost never attends a board
meeting because of his many interests and yet he refuses to resign.
What action does your board take?
To complete this exercise, work through the 5 business decision steps
outlined below.
Step 1. Identify the problem: It is important to understand what the
major problem or issue is. Briefly (in one sentence) describe the major
problem:
Sub-problems or issues stemming from the major problem should be
identified. They include:
Step 2. Gather information: What information is needed to
properly assess the situation and develop alternative solutions to the
problem/issue?
Step 3. List potential alternative solutions: It is often important to list a number of
alternatives to a problem and then evaluate them. Alternative solutions
include:
Step 4. Select the best alternative (or combination of more
than one) and make a decision: After identifying any alternative solutions,
decide on the best course of action to take. Remember, sometimes the best
course of action will involve a combination of the strong points of various
identified alternatives. The best course of action is:
Step 5. Put the decision into action: What steps/actions
should be taken to effectively implement the best alternative. Implementing
the decision will involve:
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