Lessons on Decision-Making I always close the semester with a lecture that integrates and summarizes

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Lessons on Decision-Making

I always close the semester with a lecture that integrates and summarizes the material.

This is important for three reasons:

a.To connect the concepts and enhance your understanding of the course.

b.To demonstrate the relevance of the material to personal decision-making.

c.To better equip those of you who plan to teach business.

This semester, my article titled “Lessons Learned When Dressing Up Like a Firm: Personal Strategic Management” will be the final lecture.Please read the article, and submit a short essay (DO NOT EXCEED 1 PAGE) on how the lessons learned will affect your strategic decisions in the future. This is an individual assignment, and essays are due by _________TBA__________!

Answer preview…………. One of the primary lessons learned from the course lies in the importance of strategic alliances. To this extent, Dodd-Walker (2010) highlights the importance of strategic alliances in advancing business interests (p. 4). While operating in a highly competitive environment, any business would require access to as much support as possible, and the existence of a framework of association could appropriately position the business in the market. Consequently, it is important that decisions made within the context of the business be good enough to foster chances of ease in such association, to increase the chances of success in such partnerships that would increase the ease in business association between parties involved in business……….

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