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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.
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.
Martin V. “Bud” Smith • An entrepreneur • A developer • A banker • A visionary business leader • A philanthropist
Martin V. Smith Decision Making • 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.
Funding Funding for the new MVS Center was provided by the Martin V. & Martha K. Smith Foundation in memory of Martin V. Smith.
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.
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.
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
Groundbreaking Ceremony Thursday, Jan. 24. 2008
President Rush and Smith Daughters Jan. 24. 2008 at the Groundbreaking
CreativeProblem Solving Flowchart Source: http://scottthong.wordpress.com/2008/04/11/problem-solving-flowchart-you-poor-idiot/
Groupthink Irving L. Janis
Culture Values Mission Strategic Planning Model Organizational Profile Vision GeneralStrategy External Environment Results Objectives Strategic Alternatives 1. 2. … 5-YR 2-YR Objectives Ranked Objectives Responsible person Needed Resources $$$ Time Source: Professor William P. Cordeiro
Team Performance Model Attention Energy Information Information Operations Source: http://hp-strategies.com/images/tpm.jpg
Facilitated Meetings Public displays served as group memory Agenda Outcomes Rules Facilitator (Technographer) Roles Scribe Participants Source: Adapted from http://www.grove.com/wkshp/wkshp.html
Teamwork and GDSS Same Time Different Time Project/team rooms Shared offices Same Place Multi-media presentation systems Key-pad based voting tools Facilitated meetings using a PC Networked PCs based GDSS Different Place E-mail Shared document database Group authoring tools Discussion forum Screen sharing Audio/video conferencing Web-based desktop conferencing Instant messaging
Idea generation Idea generation Idea Organization Idea Organization Alternative Evaluation Alternative Evaluation Problem-Solving Life Cycle Problem-Solving Life Cycle Identify problems or opportunities Create/design solutions or systems Generic Problem Solving Process Implement solutions or systems Idea generation Idea Organization Iteration Alternative Evaluation
Group Problem-Solving Process and TeamSpirit TeamSpirit Meeting Management Tool TeamSpirit Toolbox • Share information • Discussion forum • Structured brainstorming • BrainstormingIdea consolidation • Rate alternative • Rank alternatives • Select alternatives • Multi-criteria evaluation Divergent Thinking Idea generation Generic Problem Solving Process Idea Organization Convergent Thinking Alternative Evaluation
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
Software Tools* *Additional tools will be added to the MVS Center
Expertise • William P. Cordeiro, Ph.D., Professor of ManagementInterests: Strategic planning, Business case analysis • Minder Chen, Ph.D., Associate Professor of Management Info. SystemsInterests: Group decision support, Virtual teams, Business process reengineering. • Priscilla Liang, Ph.D., Assistant Professor of FinanceInterests: Financial and investment decision-making, Individual decision-making behavior, Corporate finance strategies, Economic policies and crisis responses
Expertise • J. Andrew Morris, Ph.D., Associate Professor of ManagementInterests: The impact of emotional intelligence on group and individual decision-making, Socio-biological foundations for cooperative decision-making strategies in Prisoner's Dilemma problems • Dennis D. Muraoka, Ph.D., Professor of EconomicsInterests: Natural resource and environmental economics, Zoos and aquariums • Claudio Paiva, Ph.D., Associate Professor of EconomicsInterests: Macroeconomic policy, Empirical studies of macroeconomic performance, International economics
Expertise • J. Goosby Smith, Ph.D., Associate Professor of ManagementInterests: Diversity education and management, Sports team leadership, Ethical decision-making • Paul Rivera, Ph.D., Associate Professor of EconomicsInterests: Labor migration, Rural and household economics, Political economy, International economics • Sung Won Sohn, Ph.D., Martin V. Smith Endowed Professor of Economics Interests: Economic forecasting and policy • Ashish Vaidya, Ph.D., Professor of EconomicsInterests: Strategic Planning, Global Business Strategy, Leadership