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First School Named at CSUCI in 2006 From left are President Richard Rush, Smith Family Lucinda Daley, Toni Gardiner, Vickie Pozzi, and Marjorie Tegland, and daughters Kelly McWilliams, Tiffany Tegland, and Stacy Cannon, and William Cordeiro, professor of management and Director of the MVS School of Business and Economics. 2
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Martin V. Smith School of Business and Economics 3
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The Force behind the MVS Center As long-time supporters of California State University Channel Islands, Martin V. Smith and his family have been instrumental in the creation of the new Martin V. Smith Center for Integrative Decision-Making within the Martin V. Smith School of Business and Economics. 4
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Martin V. “Bud” Smith An entrepreneur A developer A banker A visionary business leader A philanthropist 5
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Martin V. Smith The acumen of Bud Smith was renowned. Facts, figures and projections for an empire that stretched over 200 properties and businesses were constantly swirling in his head primarily because technology had not evolved to today’s standards that are critical to decision-making. Therefore, the MVS Center is an appropriate link to the future in his memory. 7 Decision Making
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Funding Funding for the new MVS Center was provided by the Martin V. & Martha K. Smith Foundation in memory of Martin V. Smith. 8
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Purpose Martin V. Smith Center provides physical and virtual space to facilitate innovative case teaching and collaborative learning, as well as to conduct research in group decision making. Martin V. Smith Center supports integrative decision-making by utilizing the expertise of faculty members within the Martin V. Smith School of Business and Economics and CSU Channel Islands. 9
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Purpose - Continued This is the place for students, faculty, members of the local community, and businesses to study business cases, conduct research, and address complex business and social problems. The Center can hold facilitated physical and virtual meetings such as strategic planning, focus group research, policy formulation, and other collaborative works. 10
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21st Century Learning Participant-centered learning Dialogues: online and offline Facilitated by conceptual and simulation models Multimedia and multi-dimension Focus on learning/discovering, not teaching/covering Collaborative learning: Learning from each other Cross-functional integration Context-based/situation-based learning 11
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Vision of the MVS Center by the Architect 12
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Groundbreaking Ceremony Thursday, Jan. 24. 2008 13
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President Rush and Smith Daughters 14 Jan. 24. 2008 at the Groundbreaking
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Groundbreaking 15
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Martin V. Smith Center for Integrative Decision-Making 16
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Martin V. Smith Center for Integrative Decision-Making 17
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Decision Room and Breakout Rooms 19
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Document Camera 20
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Creative Problem Solving Flowchart Source: http://scottthong.wordpress.com/2008/04/11/problem-solving-flowchart-you-poor-idiot/ 21
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Groupthink 22 Irving L. Janis
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Integrative Decision-Making Teamwork Modeling/ Simulation Tools Facilitation Cognitive Science Group Problem Solving Techniques/ Tools 23
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Integration of Business Disciplines Business Decisions Strategy Marketing Organizational Behavior MIS / Information Technology Accounting/ Finance/ Investment Economics Operations Management Ethics and Law 24
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Mindmapping 25
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26 Cyert, March, and Simon’s Model of Decision-Making
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Strategic Planning Model MissionCulture Values Vision General Strategy External Environment Organizational Profile Strategic Alternatives 1. 2. … Objectives 2-YR 5-YR Objectives Ranked ObjectivesResponsible personNeeded Resources $$$ Time Results Source: Professor William P. CordeiroWilliam P. Cordeiro 27
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Systems Dynamics Simulation Model 28
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Systems Dynamics Simulation Model 29
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Team Performance Model Source: http://hp-strategies.com/images/tpm.jpghttp://hp-strategies.com/images/tpm.jpg 30 Attention Energy Information Operations
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Facilitated Meetings Source: Adapted from http://www.grove.com/wkshp/wkshp.htmlhttp://www.grove.com/wkshp/wkshp.html Agenda Outcomes Roles Participants Facilitator Rules (Technographer) Public displays served as group memory 31 Scribe
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Teamwork and GDSS Same Time Different Time Multi-media presentation systems Key-pad based voting tools Facilitated meetings using a PC Networked PCs based GDSS Project/team rooms Shared offices Screen sharing Audio/video conferencing Web-based desktop conferencing Instant messaging E-mail Shared document database Group authoring tools Discussion forum Different Place Different Place Same Place Same Place 32
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Problem-Solving Life Cycle Idea generation Idea Organization Alternative Evaluation Generic Problem Solving Process Identify problems or opportunities Create/design solutions or systems Implement solutions or systems Idea generation Idea Organization Alternative Evaluation Idea generation Idea Organization Alternative Evaluation Problem-Solving Life Cycle Iteration 33
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Group Problem-Solving Process and TeamSpirit Share information Discussion forum Structured brainstorming Brainstorming Idea consolidation Rate alternative Rank alternatives Select alternatives Multi-criteria evaluation Idea generation Idea Organization Alternative Evaluation TeamSpirit Toolbox Generic Problem Solving Process DivergentThinking ConvergentThinking TeamSpirit Meeting Management Tool 34
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Managing Meetings as a Problem-Solving Process A meeting Agenda item 1 Agenda Item 2 Agenda Item 3 … A problem solving process Problem-solving activity 1 Problem-solving activity 2 Problem-solving activity 3 … Meeting Roles Facilitator: Design, set up, and monitor the meeting Participant: Participate in a meeting 35
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Software Tools* Software NameDescription Planner Lab Decision Support System (DSS) tool TeamSpirit Group DSS tool for group problem solving Compendium Support IBIS method and Dialogue Mapping FreeMind mind mapping software Dimdim 4 Web conferencing tool Analytica DSS tool for academic use only Visio Structured diagramming tool for process, data, and object-oriented modeling MS Project Project management tool *Additional tools will be added to the MVS Center 36
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Expertise William P. Cordeiro, Ph.D., Professor of Management Interests: Strategic planning, Business case analysis William P. Cordeiro Minder Chen, Ph.D., Associate Professor of Management Info. Systems Interests: Group decision support, Virtual teams, Business process reengineering. Minder Chen Priscilla Liang, Ph.D., Assistant Professor of Finance Interests: Financial and investment decision-making, Individual decision-making behavior, Corporate finance strategies, Economic policies and crisis responses Priscilla Liang 37
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Expertise J. Andrew Morris, Ph.D., Associate Professor of Management Interests: The impact of emotional intelligence on group and individual decision-making, Socio-biological foundations for cooperative decision-making strategies in Prisoner's Dilemma problems J. Andrew Morris Dennis D. Muraoka, Ph.D., Professor of Economics Interests: Natural resource and environmental economics, Zoos and aquariums Dennis D. Muraoka Claudio Paiva, Ph.D., Associate Professor of Economics Interests: Macroeconomic policy, Empirical studies of macroeconomic performance, International economics Claudio Paiva 38
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Expertise J. Goosby Smith, Ph.D., Associate Professor of Management Interests: Diversity education and management, Sports team leadership, Ethical decision-making J. Goosby Smith Paul Rivera, Ph.D., Associate Professor of Economics Interests: Labor migration, Rural and household economics, Political economy, International economics Paul Rivera Sung Won Sohn, Ph.D., Martin V. Smith Endowed Professor of Economics Interests: Economic forecasting and policy Sung Won Sohn Ashish Vaidya, Ph.D., Professor of Economics Interests: Strategic Planning, Global Business Strategy, Leadership Ashish Vaidya 39
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