Decision Making

Topics: Risk, Decision making, Decision theory / Pages: 4 (965 words) / Published: May 11th, 2014
The Decision Making Process Of Leaders
Tony D. Bridgewater
Webster Universitry

The Decision Making Process Of Leaders

Introduction
We human being daily make the decision and when it comes to business organization, the process of decision making become more complicated , and it involves the stakes of different groups. Therefore, the decision making process needs to be free from errors. The basic structure of decision making involves the identification of purpose and then to gather information. The next step is to set judging principles for alternatives. When is proceeded by the process of brainstorming and analyzing the different choices. The last step in the process of decision making is to select the right choice and implement the selected one. This is the normal and ideal criteria for decision making in business organization, but leaders seek further insight for the process of decision making.

Discussion
At Harvard University, the advanced leadership initiative (ALI) is dedicated to deploying and educating leadership force among the individuals so that they can face the challenges of national and global issues.
Leaders have potential personal characteristics and qualities that can change the outcome of a selective decision making. The decision taken by leaders can positively change the overall decision making style of organization. Among many other personal qualities of leaders, the important ones are risk tolerance, accountability and value orientation. It is common practice of successful leaders to accept the responsibility of outcome which is resulted from the decision taking by them. Leaders are bold, and they take the decisions which normally other fear to take. This does not mean that leaders take irrational decision full of risk. They take calculated risks. Successful leaders have the tendency to adapt their values according to the decision, which positively affect the organization. The uncertainty and

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