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seesaw
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gold
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rocket
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banana
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5
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4 Challenges facing today's managers
(LMAB) Leading remote teams, Managing diversity and inclusion, Adapting to rapid change, Building trust and transparency
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thief
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seesaw
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shark
Other team loses 25 points!
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thief
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5
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(Examples of Tradeoffs) enhance public safety, but this could infringe on individual privacy rights
Individual rights vs Public Safety
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Tradeoffs in CPE
Privacy vs Security, Innovation vs Ethics, Accesibility vs Cost,
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(Key business challenges) Rapid technological advancements e.g managers should embrace online platforms and digital marketing
Technological Disruption
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(Challenges facing today's managers) Trust and transparency are essential
Building trust and transparency
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monster
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gift
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fairy
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thief
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(Challenges facing today's managers) The pace of change in the business world is accelerating
Adapting to rapid change
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3 examples of tradeoffs
(CEI) Cost vs Quality, Efficiency vs Sustainability, Individual Rights vs Public Safety
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Occur when there are competing values or piorities and choosing one option means sacrificing the other
Tradeoffs
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Tradeoffs in IE
Efficiency vs Worker Safety, Sustainability vs Cost, Innovation vs Tradition
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(Key business challenges) Consumer preference are constantly evolving
Changing consumer preference
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Often raise ethical questions, requiring professionals to consider the impact of their decisions
Ethical Considerations
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(Key business challenges) Businesses operate in a globalized marketplace
Globalization and Competition
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(example of tradeoffs) Compromise the safety or durability of a product
Cost vs Quality
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