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Colombus Case Extrapolated To - School Essays

Colombus Case Extrapolated To

The discovery of America by Christopher Columbus shows how organization leaders take risks. Columbus was confronted by complex situations and people challenged him to prove his theories. In 1492, C. started a journey that began as a crazy thought but became an historical change to the world. This journey and the antecedents can be extrapolated to organizations, showing leadership and a cognitive decision process.
Columbus showed acts of immense courage that were done through risk taking, decision making, ambition and knowledge, which are common strategies in today’s organizations. Columbus had concoctive thinking and previous experiences that allowed him to reach his goal.
Organizations ...

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to the decision takers. Columbus convinced the Spanish sovereigns through an elaborate plan to win much more than they could lose and also negotiated with them to get a tenth of the profits and be named Viceroy of the new lands. Organization leaders should take advantage of risk taking in fields, which are unexplored by competitors. The Negotiation factor also becomes an interesting matter for managers in risk taking, that has to be considered carefully in order to succeed.
"Columbus was an inspired purveyor of ideas as well as a splendid seaman and readily synthesized all the information at hand into a pattern that established that China lay some 3,000 miles due west of Europe" (Wilcox, 1977, p.13). This fact presents how Columbus' Bounded rationality let him take a chance that if he had known that the distance was more than 11,000 miles, he would not have started his expedition.
Great expectations and ambition to succeed were important to Columbus’ goal because they ...

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PAPER DETAILS

Added: 3/5/2006 10:33:00 PM
Category: World History
Type: Premium Paper
Words: 538
Pages: 2

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