In this study we try to explore the concept of “Decision-Making and Information Politics” in a holistic context. The research also analyzes many aspects of “Information politics” and tries to gauge its effect on people. It also depicts background information that relates to the specified situation.
Table of Contents
Introduction4
Analysis of the Scenario4
Nokia and Apple4
Relation with Overstock.com5
Political Advice6
References7
Case Decision-Making and Information Politics
Introduction
CIO of Overstock.com, Mr.Schwegman, sent a letter to major stakeholders of the company that revealed company's major weaknesses. He accepted the error related to real-time updates and system architecture. He confessed every kind of problems associated without any diplomacy (Evan Schuman, 2005).
Analysis of the Scenario
In today's world, there is practically no one who can take the risk of taking such a candor to tell every kind of truths to the people about the weaknesses of own.
Dr.Steve Stein, who conducted the study regarding myriads characteristics of successful CEOs, found that self- respect is one of the most important features of a leader. Successful leaders accept the weaknesses and strengths. They feel no shame in communicating the weaknesses they have.
Nokia and Apple
Nokia Corporation is a company of telecommunications Finnish. In 2006, Nokia and Siemens merged their telecoms network equipment for the joint venture Nokia Siemens Networks. In 2008, Nokia was the world's largest manufacturer of mobile phones, to Motorola and Samsung, with nearly 39% of world market share. But against progress not trample: first Sony Ericsson phones begun to produce splendid (and quickly ended), and then, in 2007, the smart phone market came Apple and from that moment the game changed dramatically as Apple become so much successful and ate huge chunk of market share of Nokia.
Nokia faced huge pressure from Apple Smart phone and the CEO of Nokia himself accepted it.