Preview

Approches To Decision Making

Satisfactory Essays
Open Document
Open Document
542 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Approches To Decision Making
Approaches to Decision Making

08/10/2013

Approaches to Decision Making Decision making in the workplace is something that all managers are faced with at one time or another during their careers. Some decisions are minor and some are major, but what we have to keep in mind is the decisions we make can make or break a company. Being the one who is faced with making these types of decisions can make our job more stressful, but thankfully there are steps we can learn to take which is known as the decision making process. This process helps us identify the problem and look at alternatives to help us solve the problem. Once the problem is identified it is up to the manager to look at all areas of the situation and weigh out the pros and cons of the decisions you have come up with. Never jump at the first thought that comes to mind always look at the decision criteria. After reading over the scenarios provided I have decided to go with scenario 2 which provides information about a problem that has been brought to the nursing home administrators and the infectious control officer’s attention. According to the information that I have read the nursing home is experiencing high infection rates within its facility and these rates are increasing. If the nursing home keeps experiencing high rates of infection they can be fined and with this type of facility many more patients can become ill if nothing is done. So as you can see this is a situation that we have to give prompt attention to and find the best solution for before anyone else falls ill or the company has to close its doors. There are different approaches to decision making that we can explore, but we need to find the best approach for this certain scenario. After reviewing the different types of approaches the two I would choose are rationality and intuition. The reason for choosing these types of approaches are because this seems to best for this



References: Chapter 3 foundations of decision making www.ebusinessmanagement.com ezinearticles.com

You May Also Find These Documents Helpful

  • Good Essays

    Continuum Care

    • 640 Words
    • 3 Pages

    Intuitive decision making would be the second choice for how to approach the scenario. This type of approach is lead on by the experience of previous problems the company has faced and what has worked in the past for the company. It also relies on the gut feeling of the manager and the accumulated judgment one has acquired. This type of decision making approach is mostly based on judge of ones character and how each manager approaches the problem but if it has worked many times before then there is a clear choice that needs to be done. The only problem I have with this approach is that certain decisions might…

    • 640 Words
    • 3 Pages
    Good Essays
  • Better Essays

    The decision making process is to Identify all of the possible stakeholders and what would be the consequences the harms and benefits. Make a list of pro’s and con’s and the best ethical decision is one that is of the greater good for the most amount of people.…

    • 449 Words
    • 2 Pages
    Better Essays
  • Good Essays

    Mgt/230 Week 1 Assignment

    • 826 Words
    • 4 Pages

    People should make decisions every day, some of those decisions are easy to make, while others are quite difficult to implement. An appropriately combined and organized decision-making process will help to control this issue and bring a positive outcome for those involved. The decision-making process may become challenging for people due to “the lack of structure and entail risk, uncertainly and conflict” (Bateman and Snell, 2012, p. 86). That is why people trying to make important personal or professional decisions should have an appropriate model to follow in order to avoid these challenges. Bateman and Snell identified six steps or stages of decision-making process which may be attached to any problem or decision. First, it is necessary to identify and analyze the problem.…

    • 826 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Cmi 5002

    • 3289 Words
    • 14 Pages

    Decision making is all about gathering information, anlysing it, understanding the pros and cons of each path to be taken and deciding which to take to get where you need to go, some steps are easier if shared with others within the team.…

    • 3289 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Mgt/230 Week 1

    • 471 Words
    • 2 Pages

    Decision-making can be a complex task to do. Some decision cannot be made within a few second. Therefore, to avoid conflict, some decision must be throughout. Such as what the decision is, who will be involved and how would the decision affect them. Also, alternatives should be considered. Implementation of and commitment to the decision is paramount.…

    • 471 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Decision Making

    • 496 Words
    • 2 Pages

    Capital Intensive: A business process or an industry that requires large amounts of money and other financial resources to produce a good or service. A business is considered capital intensive based on the ratio of the capital required to the amount of labor that is required. (investopedia)…

    • 496 Words
    • 2 Pages
    Good Essays
  • Best Essays

    MSc Clinical Leadership

    • 5046 Words
    • 16 Pages

    Decision-making is an essential activity for managers and leaders (Hoff, 2004). However, it should be noted that the process of decision-making is important for all individuals in their lives (Holistic Management, 2000). Harris (2009) stated that bad decision-making from choosing incorrect alternatives results in anxiety, uncomfortable feelings, and time wasting.…

    • 5046 Words
    • 16 Pages
    Best Essays
  • Satisfactory Essays

    Decision making is a necessity in the business world, whether you are a production worker or a CEO of a Fortune 500 company. The process in which you handle making the decision from start to end, will determine the success rate of each choice. If you perform the process in the six stages of “identify and diagnose the problem, generate alternative solutions, evaluate alternitves, make the choice, implement the decision, and evaluate the decision” (Bateman & Snell, 2011)., you will great improve the value of your decision making, therefore setting yourself and company up for success.…

    • 663 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Describe two decision-making approaches managers can use to make the decision for the scenario you selected.…

    • 652 Words
    • 3 Pages
    Good Essays
  • Good Essays

    We all make decisions of varying importance in the workplace every day, so the idea that decision making can be a rather sophisticated process may at first seem strange. However, studies have shown that a large percentage of people are much poorer at decision making than they think. An understanding of what decision making involves, together with an effective techniques, will help produce better decisions. Decision making is the study of identifying and choosing alternatives based on the values and preferences of the decision maker (Harris, 1998). Making a decision implies that there are alternative choices to be considered, and in such a case we want not only to identify as many of these alternatives as possible but to choose the one that best fits with our goals, desires, lifestyle, values, and so on. To do this I will utilize Rick Robert's 7 Step Decision Making Model and apply it to a recent work-related decision. I will also describe how critical thinking impacted this decision.…

    • 764 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Decision Making

    • 477 Words
    • 2 Pages

    With freedom comes responsibility. When we first began sending messages through cyberspace, few anticipated that the digital footprint we were creating would follow us for a lifetime. Posts on Facebook that people make in junior high and high school impact hiringdecisions when they are 30.…

    • 477 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Decision making process are essential skills for everyday life and business. Decision making can often be challenging for many individuals depending on how serious the issue. Therefore improving effective decision making involves brainstorming and selecting a choice of action. Decision making process is based on many circumstances, majority the importance of the issue and the impact of the decision.…

    • 473 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    What are some group decision-making techniques that could have helped reduce conformity pressures and groupthink among the Advert team?…

    • 389 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Organizational decision making is an everyday process that most employees are involved in through their workday. No matter the significance of the decision being made, it will have either a positive or negative impact on the customer and or the organization. In this paper, I will analyze and interpret the six basic steps to organizational decision making and its importance.…

    • 932 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Decision Making

    • 1432 Words
    • 6 Pages

    Group decision making occurs when a specific group of people make a choice regarding a process or procedure in the work place. Group decision making can also include a group of friends getting together and making a decision where to go for the evening. Decision making can be easy, hard or somewhere in the middle; many times how hard the process is depends on the team or group of people that have to make the decision. The type of decision and the number of people the decision will affect is another aspect of decision making that can determine how hard it is to come up with a decision.…

    • 1432 Words
    • 6 Pages
    Better Essays