Decision Making Model

Satisfactory Essays
Derrick Anderson
Introduction
A decision-making models verbally demonstrates a method used for making team decisions. Rational, intuitive, combinations, and decision support systems are the four models used to make team decisions. These models are used every day when making group decisions. The methods chose by those groups are based on the personalities of the members in the group. The rational decision making method is the method that is more frequently than the others, it is the most rational method. The method of rationality requires processing ideas and the possible outcomes. The rational method requires reasoning and actions based on deep thought. To perform this method one must be mentally thrived. If the team consists of extremely analytic members then the rational method is the best choice.
Intuitive is the second type of decision making model. The intuitive method is merely based on intuition, there is no thought process put into using this method. It is more of a gut feeling, it is acting on feelings not thoughts. More of one thinks they know, than of what they actually know. If the team thrives on eccentricity then the intuitive method is the best method for the team. The third type of decision making is the combination of both the rational and intuitive method. This method can be premeditated or done obstinately. The rational portion of this method is when one has thoroughly analyzed the situation. But when the end result is unsatisfactory and does not feel right, this intuitive portion. If the team consists of members that are analytic and eccentric then the combination method is the best method. The decision support systems is the final type of decision making models. Decision support systems is the evidence to back up the decision. It can be anything from a simple graph to organize data visually to intricate data systems. If the team consists of members that will only make decisions based on facts to back it up then the decision support

You May Also Find These Documents Helpful

  • 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
  • Better Essays

    There are several kinds of decision making models, among them are rational model, Bounded Rationality,…

    • 1074 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Continuum Care

    • 640 Words
    • 3 Pages

    The first approach the manager may use is the rational model and intuitive decision making. First off the rational model is a good way to approach the decision because the problem is clear and everyone is aware of what needs to be done. There is one final decision that needs to be made and the alternatives and consequences are known by the employees. With this approach the plan is transparent and the final choice will give the best output from the employees and maximize the input and output of the company. It is a good tool because there is no gray area for any one to be confused or mislead.…

    • 640 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Bounded Rationality

    • 667 Words
    • 3 Pages

    It may be summed up as organizational, general and individual. One of the chief benefits concerns an active way of bringing an active change and to solve a wide range of problems. The second advantage is that the logic and reason has been balanced by divergence and creativity throughout the whole process (Georgakakos & Graham, 2008). It offers the group and the individual with augmented confidence that a right decision has been made, though attaining that decision require extra time. Another prime benefit of this process in an organization or an institution are that it permits an individual to comprehend the problem sensibly before considering other options. Moreover, the method contains built-in step to reflect might be wrong if precise explanations are designated. Finally, the use of a problem solving procedures enhance the growth of unity inside the institution. If everybody is using a similar method of problem solving, then consensus or agreement is much easy to attain. Such combined action usually produces superior consequences than non-unified action. It has been believed that three features are essential for decision making and problem solving, a suitable level of communication and thinking skills, an information base, and a strategy and the systematized approach to solving problems ("Bounded Rationality," 2012).But there are some potential limitations of bounded rationality. The time decision makers are…

    • 667 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    midterm papaer

    • 2046 Words
    • 9 Pages

    Rational decision is a state of being agreeable to reasons. The correct decision is not just reasoned but it is also optimal for solving a problem. Mr Weekes, the operation manager, employed series of analytical steps to review possible outcomes for problems by discussing it with managers to come up withdevise particular courses of action.…

    • 2046 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Decision Making Model

    • 882 Words
    • 4 Pages

    University of maryland, Decision making model, Team handbook, 4-20-4-25.Retrieved May 16, 2005, from www.lib.umd.edu/groups/ learning/Decision-MakingModel.pdf…

    • 882 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    The optimal solution thus, might be a combination of two approaches depending on circumstances. The relationship between intuition and rationality can work in two ways. For example, proceeding from intuition to rational analysis represents a ‘validation’ sequence in which gut feeling may be…

    • 441 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    counselling psyc

    • 255 Words
    • 2 Pages

    Scott and Bruce also constructed rational decision making, which is different from the intuitive style and it contains six steps to follow. First, the participant distinguishes the situation and decision. Then one accumulates information and identifies essential criteria that will be used to determine decision. Next, one comes up with as many solutions as possible, compares each of them using the criteria and chooses the best choice among the options.…

    • 255 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    ethics

    • 1074 Words
    • 5 Pages

    In the homework assignments, you are being asked to identify the reasoning process (a.k.a. the decision-making process) being used by the expert or experts who authored the selection you will read and analyze. The articles selected for these assignments each utilize ONE DOMINANT reasoning process, so please give only ONE answer – the one which fits the situation the best. Be sure that you keep in mind ALL of the criteria of the category, principle, and appeal when selecting which is the best fit. If you are unsure which answer is the best fit, you may consult the instructor before submitting this assignment. (Please provide your reasoning for what you think the answer is and allow enough time for an answer.)…

    • 1074 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Decision-making is one of the most important objects in the entrepreneurs’ or executives’ work. It should be fast, profitable and rational, the most logical choice from among of other available options. Otherwise wrong choice can destroy the whole business or even your career. But what are people using to take decisions? Sometimes businesspeople are doing researches, collecting information. I agree that it is the most rational way, although it takes a lot of time and, as we know time is money, furthermore it decreases the profitability. Usually decision makers are using the intuition. I totally understand business intuition could sounds like it may be contradictory, but the first rapid instinct can bring the effective solution to the problem.…

    • 836 Words
    • 4 Pages
    Good Essays
  • Good Essays

    In the workplace, the team leader's job is to make decisions that benefit the team and the whole company. This places them with a lot of responsibility. They must contemplate the options and consciously select the decision-making strategy most appropriate for the circumstances in which the decision will be made and implemented. Often the decision-making style chosen is among the most significant roles of the project manager. Communication and interpersonal skills of the group members influence the decision. The incorrect approach can cause problems within the group. "Research conducted by Wheelen, Murphy, Tsumura and Kline (1998) demonstrates a clear correlation between positive group dynamics and team productivity". There are many decision-making strategies available. Three of the most common styles are when decisions are made by the group leader alone, decisions by the leader after group discussion, and consensus by the whole group.…

    • 943 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Bounded Rationality

    • 888 Words
    • 4 Pages

    In rational decision-making a number of well-defined steps have to be followed to arrive at the best decision, given the information processed in sequential steps. The rational model assumes a completely informed decision maker that:…

    • 888 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Strength Weakness

    • 381 Words
    • 2 Pages

    Rational decision making is a method used to analyze information through an organized process. The pros of rational decision making is reasonability, self-control and an unbiased approach to the thinking process. A “rational” thinker will think, decide and act. The weakness in rational thinking is no veering off, lacks creativity, no emotional connection and also “this process is slow, verbal, non-emotional components (Epstein & Pacini, 1999) .…

    • 381 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    The many decision making models that exist nowadays means that you even have to make a decision as to which one to use! There are rational models, intuitive models, rational-iterative models as well as 5, 6, 7 and even 9 step decision models.…

    • 617 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    During my last 15 years of work experience at the supervisory and managerial level, I made/involved various decision processes. Sometimes I was a spectator to the decision making team. The approach model I/we used was something similar to Basic Rational Decision model.…

    • 511 Words
    • 3 Pages
    Satisfactory Essays