Tuesday, 2 September 2014

The decision that is going to be investigated – second job in Perth according to Simon's normative model (Bell, Raiffa, & Tversky, 1988).

Description: as an international student I can work only 40 hours per fortnight, but during the study break I am allowed to work unlimited amount of hours. So in June this year I was making a decision – whether I need or do not need to find the second job.

Intelligence stage - collecting appropriate information and data in order to find the solution. Australian job websites (www.seek.com.au, www.jobseeker.com.au, www.gumtree.com.au and others) have been monitored on the daily basis 2 weeks in advance before the study break. I have a job (sales assistant in L’Occitane) where I am working 20 hour per week.

After analysing different information and talking to friends I came up to the following alternatives:
1)    Conversation with the manager at work – the goal to ask for more hours.
+
The same job, no additional expenses to get to the job, familiar atmosphere, practice of communication skills
_
It was a quiet time in terms of sales so additional shifts were quite unlikely

2)    Finding a new job with the similar type of functions:
  • -         Everyone was looking for a permanent position, so here otherwise I had to lie that I will be staying with them (which I did not want to do) or change the job and really stay with them (which I also did not want to do because I am happy with my job).

3)    Finding a job to cover someone who is on leave – this option is also an unlikely one as the chances to find a job when the person is on leave exactly during the study break dates are quite low.

Design – making a model to compare alternatives

Second job decision
Stay at the current job
Find the second job
No increase in hours
Ask for additional shifts in other stores
More hours in my store
Cannot fit the new schedule into the old one
Can fit the new schedule into the old one

stop

Risk not to get anything more as it is the low season - stop
stop
Tell the employer that it will be a short-term job
Not to tell the employer about the length of the job

The employer is not happy
I am not happy (not fair)
stop
stop

Or I was thinking about the other design:


I am happy
I am not happy
The company is happy
Company provides me with more hours, I have more money
The hours stay the same
The company is not happy
Not telling the current employer about the second job
The hours at the second job interfere with the current job

Choice – I have decided to increase the amount of shifts at my current job.

Still during my days-off I went to interviews to other jobs trying to find something that was appropriate for me.

When I have received a negative answer about the current store where I am working I came up with a new solution – to ask about shifts in the other stores. This tactics seemed to work as I have got 1 shift weekly in another store (totally 4) and my hours in the current store went up from 20 to 25 hours per week.

Implementation – so the decision was made and after evaluating it

My evaluation – although you can theoretically assume and predict all the possible alternative (in my case, probably there would be much more options, it was not a strategic decision, more a tactical one) still you face the reality and then you need to adapt your model basing on the current lifetime experience (Kahneman & Tversky, 1982).
Analysing the outcomes of my decision I can state that my hours in the current store increased from 20 to 25 per week (that is because of the good relationship with my manager and tactically and diplomatically right way of the negotiations concerning this topic) and I had 1 shift each week (totally four) in another store (because I had a conversation with the state manager where I have explained the situation and asked to contact me in case they need someone for another store, which also can be referred as successful application of the communication skills).

Overall, my weekly amount of hours during the study break went from 20 to 32 which I consider to be a success because of the following factors:
  • ·     I followed the business ethics (did not lie to another company about my intentions to work with them);
  •     I proved to myself that I can handle a conversation with my employers where in a diplomatic way can reach my intended goal (to the certain extent);
  •      I demonstrated myself as a motivated employee who is not afraid to go to another store and has courage to ask about something that she needs.
References:
  • Bell, D.E., Raiffa, H., & Tversky, A. (1988).  Decision making: Descriptive, normative and prescriptive interactions. New York: Cambridge University Press.
  • Kahneman, D. & Tversky, A. (1982). The psychology of preferences. Scientific American, 246, pp. 160-73.
Comment to task 1 - http://businesscues-mba6030.blogspot.com.au/2014/08/decision-making-typologies.html