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Analyzing Managerial Decisions: Interwest Health Corp

In: Business and Management

Submitted By sajt38
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Analyzing Managerial Decisions: Interwest Health Corp

by
Ronald J. Sanders

HCM-540, MBOL5, Health Care Organization
Instructor: Wenyuan Teng
Saint Leo University
Distance Learning

October 24, 2013

Abstract
In order for manager to properly manage a company, there needs to be a constant analysis of the decisions that arise daily. Not only do manager’s make personnel decision, they often times are confronted with the decisions of resources and data entry. Because managers must answer to the shareholders, they must be the bearer of the good and the bad news. When making and analysis, managers should, 1) identify the source of the problem, 2) information analyzed, 3) recommended courses of action, and 4) review the analysis conducted. This paper takes a look at a case study on how Interwest Health Corp analyzes managerial decisions. At the conclusion, readers will form a different perspective on how to analyze managerial decisions.

Introduction
Managers are devoted to the task of making decisions that will affect the worth and synergies of their firm they manage. Consequently, they bear the chore of maximizing their profits by the decision they make. In the past, many formal theories have been formulated as models for making rational choices. These theories have been accepted as practice when faced with a dilemma. As with any decision, there must be an analysis when making a decision. When making a decision, managers should consider the source of the problem; information used to analyze the problem, recommended courses of action and convey a personal view of how to handle the problem.
The scenario given, states that Interwest Healthcare has a managerial concern that has the manager concerned. They are in dire need of the services of a consultant to come in a conduct an analysis of their problem make recommendation on the course of…...

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