Decisions in Papradise Essay Example | Topics and Well Written Essays - 750 words

Decisions in Papradise - Essay Example The first stage of the decision making technique discussed by Kolb et. al. (2007) is to take an overall view of the situation so it can be fully analyzed and understood by those making the decisions. This begins with examining the facts as well as the needs of the company and the eventual goals as to where it wants to be in the future. Past experiences and business expertise can be used as guides in this stage and the problem can be broken down into parts to give them priority and make the required adjustments. For our purposes, we need to conduct both a SWOT analysis and a PESTEL analysis to get a clear picture of what is happening in Kava and to understand our options for creating a greater presence on the island. The second stage comes into play when we create different solutions that can be used to help our business objectives and thus help in making decisions concerning the future of our company on Kava. The solutions can be created through brainstorming sessions and may even be outlandish. However, the decision making process comes in when we realize that certain solutions are more appropriate than others and the best solution may be what brings us closest to our objectives in the least amount of time while staying within the rules of the game. In the case of Kava, the solutions need to be based on the issues which are described in the case and these include following the mission of the company to remain profitable while being socially responsible. It is clear that developing a base of operations and helping the island is a part of the social responsibility of the company but it is difficult to see how the company can remain profitable in the given scenario. Therefore, it might be logical for the company to seek diversity for its business interests beyond its core competencies if it focuses on the variety of opportunities presented by being in Kava. Understandably, this type of critical thinking and