Decision Making Process Analysis
Managing is a necessity for everyday people and does not only apply to the corporate world. As a manager, the responsibility of making decisions falls on you and can impact both your life and the people surrounding you. These decisions should stray away from biases and ultimately uplift the company as a whole. However, there are many key components that help make a manager a successful decision maker.
Moreover, managers should be able to be free of making decisions that are ideally in the best interest of the company regardless of being worried from the reactions of both the workers and the consumers. Generally speaking, both your life, career and companies or organizations depend on a hands on approach in making a decision (Career World, 1994). There are eight steps in the decision making process which includes, one, identifying the problem, two, identifying decision criteria, three, allocating weight to the criteria, four, develop alternatives, five, analyze alternatives, six, select an alternative, seven, implement the alternative, eight, evaluate decision effectiveness(Anderson,2012). With this in mind, good manager will have multiple plans so that if one plan falters, they are able to recover, especially, if it is at the interest of the company. Ideally, managers are …show more content…
With regards to confirmation bias, seek out information from a range of sources both supporting and opposing. Additionally, in regards to anchoring bias, to avoid, reflection helps so that you are able to make a decision effectively and in a timely fashion.Futhermore, following these five steps can adequately help a manager avoid or overcome an issue regarding decision making . Managers must understand cultural differences, create standards for good decision making, know when it is time to call it quits, use effective processes for decisions, and build an organization that can be adaptable
Moreover, managers should be able to be free of making decisions that are ideally in the best interest of the company regardless of being worried from the reactions of both the workers and the consumers. Generally speaking, both your life, career and companies or organizations depend on a hands on approach in making a decision (Career World, 1994). There are eight steps in the decision making process which includes, one, identifying the problem, two, identifying decision criteria, three, allocating weight to the criteria, four, develop alternatives, five, analyze alternatives, six, select an alternative, seven, implement the alternative, eight, evaluate decision effectiveness(Anderson,2012). With this in mind, good manager will have multiple plans so that if one plan falters, they are able to recover, especially, if it is at the interest of the company. Ideally, managers are …show more content…
With regards to confirmation bias, seek out information from a range of sources both supporting and opposing. Additionally, in regards to anchoring bias, to avoid, reflection helps so that you are able to make a decision effectively and in a timely fashion.Futhermore, following these five steps can adequately help a manager avoid or overcome an issue regarding decision making . Managers must understand cultural differences, create standards for good decision making, know when it is time to call it quits, use effective processes for decisions, and build an organization that can be adaptable