Identify the problem. What is the environment? What is the situation? What are the options?...

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Identify the problem. 	 		What is the environment? 		What is the situation? 		What are the options? 	 	     	Identify the people and groups affected by choosing one of the above options. 	 		Individuals: self, boss, client, subordinate, etc. 		Groups: company, public, family, profession, etc. 	 	     	Build a decision framework – What is going to be the basis for my decision? 	 		Consequentialism – looking for good results or least harm 		 			What will be the result of the decision for me personally? 			How are the above people and groups affected? 			Are they affected negatively or positively? 		 		 		Deontology – duty and obligation 		 			How deep is my obligation to each of the people and groups? 			How do I prioritize conflicting duties? 		 		 		Virtue ethics – Who am I? 		 			What fundamental principles are in play? 			What norms or traditions I practice are being challenged? 			What personal values that I hold are being affected or threatened? 			 				Am I being asked to do something that I don’t believe in? 				Am I being asked to ignore something that I feel must be addressed? 			 			 		 		 	 	     	Make a decision 	 		Base your decision on values that are supported by principles 		Make a commitment to the decision 	 	     	Take action 	 		Do what you feel is right for the right reasons - Never mistake temptation for opportunity 		Let the chips fall where they may - A person who ignores wrong becomes either an accomplice or the next victim 	 	     	Learn 	 		Accept responsibility for your decision and your actions 		Understand the difference between providing explanations and making excuses 		Listen to feedback so you can learn from everyone’s mistakes 		Incorporate changes where possible to avoid similar situations in the future

Robert · Accepted Answer

Identify the problem. 
a. What is the environment? 
Answer . 
The environment is revolving around the revival of position of once a best pharmaceutical 
company and the ideology of its top management           
b. What is the situation? 
Answer. 
The company is reviving and upgrading its R & D unit to secure the top position once  which 
it enjoyed.            
c. What are the options? 
Answer. 
According to opinion`s drawn by experts they are finding the policies of CEO to be more 
defensive then innovative which is actually the demand of the company .Company has 
started to gain some of its lost position with new merger .
II. Identify the people and groups affected by choosing one of the above options. 
a. Individuals:  self, boss, client, subordinate, etc. 
Answer. 
Self- Ken Frazier 
Boss P. Roy Vagelos   
Client-Consumer 
Subordinate – R& D team 
b. Groups:  company, public, family, profession, etc. 
Answer. 
Company-Merck
III. Build a decision framework – What is going to be the basis for my decision? 
a.

Identify the problem. What is the environment? What is the situation? What are the options? Identify the people and groups affected by choosing one of the above options. Individuals: self, boss,...

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