Option #1: Outsourcing a Division
Assume you are a strategic leader in a large international manufacturing organization. The organization has experienced a significant loss in revenue over the last two years; now you must consider outsourcing a division to another country in order to reduce expenditures and sustain the company for years to come. Given that your role as a strategic leader is to focus on long-term planning, you must ensure that your decision making is effective and will meet the overall organizational goal of sustainment. Thus, address the following:
- Describe the steps you would take in evaluating the decisions to be made in this situation.
- Explore whether or not you would use prescriptive or descriptive decision making.
- Explain your reasoning for the type of decision making you selected.
- Evaluate the critical thinking skills you think are necessary to make this decision.
The focus of this assignment is on the steps that you would take as a leader while going through the decision-making process, rather than the actual decision that you would make.
Your well-crafted presentation, must include 4-7 slides. Please include six references, at least four being scholarly/peer-reviewed discovered through the CSU-Global library.