Preview

Decision Making Style

Powerful Essays
Open Document
Open Document
2290 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Decision Making Style
What is decision making;
The process of selecting from several choices products or ideas, and taking action.
Decision making includes followings :
1.A position or opinion or judgment reached after consideration . * 2.Choosing between alternative courses of action using cognitive processes - memory, thinking, evaluation, etc . * * 3.The process of mapping the likely consequences of decisions, working out the importance of individual factors, and choosing the best course of action to take.
What is a decision?
1.the act of making up your mind about something, or
2.a position or opinion or judgment reached after consideration.
(two significant influence on decision making are values and cognitive perception).Both effect how a decision maker interprets and respond a particular stimuli and condition.
Value: are integral to thoughts and actions ,they influence the evaluation of both problems and solution.
Cognitive perception: It is the study of how people perceive, remember, think, speak, and solve problems.
Decision making steps : or decision making model: 1. State the problem 2. Identify alternative 3. Evaluate the alternative 4. Make a decision 5. Implement your decision
This decision making model in five steps shows a logical structured methodology for making a decision. The discipline that it provides will guide you to the goal of good decision making.
Decision making effected by: 1. Lack of information 2. Lack of context 3. To much information 4. Lack of feed back 5. Cultural barriers 6. Action reaction
Decision making styles of business leaders:
Four type of decision making styles:
Analytic
Directive
Conceptual
Behavioral

Decision style model Analytic Strong need for achievement | ConceptualStrong need for achievement | DirectiveStrong need for power | BehavioralStrong need for affiliation |

Analytic decision maker have strong need for achievement in the form

You May Also Find These Documents Helpful

  • Powerful Essays

    Bnad 302 Study Guide Ch5

    • 1577 Words
    • 7 Pages

    11. Coping with uncertainty by formulating a future course of action to achieve specified results is:…

    • 1577 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    a. As defined in your textbook, discuss the 6 steps of The Wise Choice Process?…

    • 303 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The decision making process occurs daily throughout a person’s life without much forethought. Major decisions need a much more methodical approach to ensure that a problem or issue is addressed critically to achieve the best results while minimizing risk. To ensure that all aspects of the decision making process are addressed, the six stages of decision should be used which are identifying and diagnosing the problem, generating alternative solutions, evaluating alternatives, making the choice, implementing the decision, and evaluating the decision (Bateman, 2011). When all of these steps are applied correctly, the chances of obtaining favorable results are greatly increased.…

    • 391 Words
    • 2 Pages
    Good Essays
  • Best Essays

    MSc Clinical Leadership

    • 5046 Words
    • 16 Pages

    Mind tools (2009) Introduction to Decision-Making Techniques. [online]. Available at: http://www.mindtools.com/pages/article/newTED_00.htm [Accessed 7 January 2010].…

    • 5046 Words
    • 16 Pages
    Best 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
  • Powerful Essays

    • Cognition: the way people define and think about what they do and how they change their minds in ways that can lead to changing the ways they act; and…

    • 2375 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Prospect Theory

    • 853 Words
    • 4 Pages

    The theory describes such decision processes as consisting of two stages, editing and evaluation. In the first, possible outcomes of the decision are ordered following some heuristic. In particular, people decide which outcomes they see as basically identical and they set a reference point and consider lower outcomes as losses and larger as gains. In the following evaluation phase, people behave as if they would compute a value (utility), based on the potential outcomes and their respective probabilities, and then choose the alternative having a higher utility.…

    • 853 Words
    • 4 Pages
    Good 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
  • Better Essays

    Decision-making is a well planned out process with the best outcome in mind. Decisions reflect solutions to problems, so before making a decision one must recognize the need that needs to be addressed.…

    • 1296 Words
    • 6 Pages
    Better Essays
  • Good Essays

    According to Peter Drucker, an effective decision making process must go through some basic steps. These steps will not “make” the decision – it will always be a judgement call – but if the steps are ignored, the decision is not likely to be effective nor right. The 6 steps he recommends are: 1) The classification of the problem 2) The definition of the problem 3) The specifications which the solution to the problem must satisfy (the “boundary conditions”) 4) he decision as to what is “right”, rather than what is acceptable, in order to meet the boundary conditions 5) The building into the decision of the action to carry it out and 6) The feedback which tests the validity of the decision against the actual course of events.…

    • 1969 Words
    • 8 Pages
    Good Essays
  • Good Essays

    I believe that the individual’s decision-making process is influenced by both their circumstances, personal environment, upbringing, and free will. However, I believe that these variables act in conjunction to influence an individual’s decision-making…

    • 930 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    the most important step of decision analysis. Since presently no sound methodology for structuring exists, this step is still an art left to the intuition and craftsmanship of the individual…

    • 7444 Words
    • 30 Pages
    Powerful Essays
  • Powerful Essays

    Ethics and Morality

    • 2669 Words
    • 11 Pages

    Every day people are confronted with decisions, from the simplest to high morality. No one can affirm to have an unblemished record of always making the right decision. In addition, we regularly question how people make decision and what types of factors or cognitive process led them to their choice. It is a question which has been studied by many scholars and many theories have been developed on this subject. There are many factors that can influence someone decision’s process and they would differ based on one’s belief, religion and upbringing to name only a few. The majority of people will be able to live a fulfilling life by using a basic cognitive decision-making model which has four interrelated stages: (1) perception; (2) evaluation; (3) decision; and (4) implementation of the decision.[1]…

    • 2669 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Ms. Kamaziya

    • 1658 Words
    • 7 Pages

    WHAT WE USE TO DECIDE: COGNITION how people pay attention, remember, and think. Let’s see how all these combine into two major theories of decision-making.…

    • 1658 Words
    • 7 Pages
    Powerful Essays