Harrah's Case
It is amazing how discussing a Case in a class can change your opinion. Originally I viewed the gain sharing plan in the Harrah's Case as a good thing. While it needed a little alteration, I felt that it would played a vital roll in the future success of the company. However when we discussed the case in class a good portion of the class had a much different opinion. While I still feel that the gain sharing plan was the best strategy to improve Harrah's, I no longer feel that it is the best plan to continue with. This is proof that as a manager, you must discuss your decisions with other people. If I were a manager and continued with my modified gain-sharing program, it would have been received very poorly. However since we discussed I realized that my thinking was flawed and I should reassess my views a present a new plan.
Comments
Posted by: Sean Detwiler
Posted on: November 10, 2006 05:26 PM
I definitely agree that discussion is an important aspect of decision-making. It is quite easy to become stuck in a particular train of thought, but discussion with others can allow one to see the topic from outside again, as if it were new. I always consult other people that I trust when making important decisions, and I think that managers should do the same. What frustrates me the most is when people will not allow themselves to consider the opinions of others in their decision-making. I have certainly had that experience in many clubs and organizations. What do you think people could do to improve their receptiveness to discussion and others’ opinions?