Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Managing Decision Making - Essay Example

Comments (0) Cite this document
In running projects in an organisation, decision makers have their own styles that make them to be biased towards the course of action they take in any situation that require them to respond. Most of the managers in organisations are influenced by technological, financial, or…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.7% of users find it useful
Managing Decision Making
Read TextPreview

Extract of sample "Managing Decision Making"

Managing Decision Making In running projects in an organisation, decision makers have their own styles that make them to be biased towards the course of action they take in any situation that require them to respond. Most of the managers in organisations are influenced by technological, financial, or personal differences that are important in determining the responses they can give towards various aspects and all of them have implications on the outcomes (Sofo, 2013, p.76); in the case of the Industrial Business Management, managers differed in their response to the introduction of the “Trackit” software in the organisation.
David Olsen is one person who had a visionary style of decision making through which he was able to accommodate the views of other workers with a friendly perspective and this contributed to him being liked by many employees. This style enhances transformational leadership (Mintz and DeRouen, 2010, p.47). This is as opposed to Sally Olsen who had a different perspective and a style for decision making which aimed at preserving the company regardless of the facts of the issues that other people could have. Her style of decision making may cause many people to avoid their participation in an organisation’s projects (Speier, Vessey and Valacich, 2003, p.63).
Bella Murphy, Ben Simmonds and Archer Wilson are kind of managers that are using a motivator style of decision making; this is indicated by the way they respond to the different things they encounter in the organisation by ensuring that they listen carefully to the people who surround them and having their view and perspectives considered (Verma, 2009, p.37). Through their action, they are able to establish their decisions in a way that ensures that they include the perspectives of others as opposed to Gregory Jones, Madeline Roberts and Charles Morriss who remained resistant to change and never make any consultation. The decision making styles of the three prevented fast progression of the company in attainment of a reliable system of managing funds. Bella uses catalyst style as she motivated the site manager to give their views about “Trackit” and encouraged them to learn to use it. Ben Simmonds is a person that has indicate a flexible decision making style since he was able to decide on ways to assist different people that needed him. This style enables a leader in a management in an organisation to be productive in his or her delivery of services for he has many ways of responding to issues (Coscarelli, 2007, p. 23).
In order to enhance participation of all the employees in a workplace, the leaders should consider a decision making style that will be friendly to all the employees so that they can find it easy to embrace the plan.
Coscarelli, W. C. C. (2007). Decision-making style inventory: Participants workbook. San Francisco: Pfeiffer.
Mintz, A., & DeRouen, K. R. (2010). Understanding foreign policy decision making. Cambridge: Cambridge University Press.
Sofo, F. (2013). Adaptive decision making and intellectual styles. New York, NY: Springer.
Speier, C., Vessey, I., & Valacich, J. S. (2003). The Effects of Interruptions, Task Complexity, and Information Presentation on Computer-Supported Decision-Making Performance. Decision Sciences, 34, 4, 771-797.
Verma, D. (2009). Decision-making style: Social and creative dimensions. New Delhi: Global India Publications. Read More
Cite this document
  • APA
  • MLA
(“Managing Decision Making Essay Example | Topics and Well Written Essays - 500 words - 1”, n.d.)
Retrieved de
(Managing Decision Making Essay Example | Topics and Well Written Essays - 500 Words - 1)
“Managing Decision Making Essay Example | Topics and Well Written Essays - 500 Words - 1”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Managing Decision Making

Managing Finance & Decision Making for the employees, investors, customers and general public. The annual report comprises balance Sheet, profit & loss statement, cash flows, auditors’ statement as well as chairman’s comments. The chairman’s statement sums up the financial health of the company as well as the future prospects of the company. The statement also provides the company’s strategy used in the former years. The income statement communicates how much profit the company has made during the period, the revenues made and the expenses incurred. It also makes a comparison against the former year. The balance sheet appraises the financial position of the company on the last day of the period. It states what the company owns,...
12 Pages(3000 words)Essay

IT Managing Business Knowledge and Decision Making

...? Information Technology in Organizations Impact of Information Technology in Modern Organization The advent of Information Technology has modernized the business processes and services in the organization. The age of globalization is supported by the arrival of IT to a great extent. The term Information Technology is commonly taken as the combination of computer and internet only, however, the management and IT experts describe this term as the obtaining, processing, storing and he spread of numerical, pictorial, vocal and textual and numerical information which is received by the combination of telecommunication and computers making it a microelectronics-based blend. This blend assists the...
4 Pages(1000 words)Coursework

Select 3 Decision Making Tools Studied in the Managing Decisions Module and Evaluate their Advantages and Disadvantages

...?Table of contents 0 Introduction 2 1 Outline of business opportunity 3 2.0 Project management 3 2 Advantages of project planning 4 2 1 Cost effectiveness 4 2.1.2 Documentation of work scope 4 2.1.3 The method is insightful 4 2.2 Disadvantages of project planning 5 3.0 Information management 5 3.1 Advantages of information management 5 3.1.1 Cost reduction 5 3.1.2 Reduction of uncertainty 6 3.1.3 Value creation 6 3.2 Disadvantages of information management 6 4.0 Delegation management 7 4.1 Advantages of delegation management 7 4.1.1 Increase in productivity 7 4.1.2 Development of employee skills 8 4.1.3 Team member involvement 8 4.2...
12 Pages(3000 words)Essay

Managing Decision Making

...of strategic management. Malden, MA: Blackwell Publishing. Campitelli, G. and Gobet, F., 2010. Herbert Simon’s decision-making approach: Investigation of cognitive processes in experts. Review of General Psychology, 14(4), pp. 354-64. DellaVigna, S., 2009. Psychology and economics: Evidence from the field. Journal of Economic Literature, 47(2), pp. 315-72. Herald Sun., 2013. Essendon coach James Hird to launch Supreme Court action against AFL. [online] Available at: [Accessed 21 August 2013]. Levinthal, D. A. 2011. A behavioral approach to strategy – what’s the alternative? Strategic...
4 Pages(1000 words)Assignment

Managing Decision Making

...? Executive Summary End User Development (EUD) is proving to be an important innovation for businesses. Adopting EUD offers benefits in terms of cost, efficiency and relevance. EUD makes employees from all departments virtually engineers of IT systems. It helps improve the decision making process. Simple and time-tested applications like spreadsheets can be used to run rigorous queries and reports on key data. Knowledge Management (KM) is another feature that will enable all employees (irrespective of specialization) to contribute to system building, information sorting and creating business intelligence reports. The result is that decision makers will...
3 Pages(750 words)Essay

Managing Decision Making

...?BUSS 2059 – Managing Decision Making Assignment 3 – Individual Reflection Mossab Aljamdi (110079132) Introduction Decision making is a complex process that involves giving consideration to numerous factors and perspectives. If decision making as an individual action is difficult enough, it is all the more complicated when performed by a group. In our group, the four members Aleksandar Burneski (110064964), Rocco Guiducci (110065658), Kuir Alaak (100044490) and I Mossab Aljamdi (110079132) have different personality types and character traits. Hence we bring a wide range of inputs to the process of...
4 Pages(1000 words)Essay

Managing Decision Making and Decision Support

This paper will mainly look at the association flanked by the REM and OR and SSM. The issue learns on JB Casting will be used from side to side out to exemplify the relationship flanked by the theories and the methodologies. "Management in order system is necessary for creating spirited firms, organization global corporation, and providing helpful products and services to clientele." (Laudon, 2002, P1) It provides in order figure of reports and displays to executives. For instance, sales managers may employ their computer workstations to obtain sales consequences of their foodstuffs and to the right of entry weekly sales psychoanalysis reports, and then assesses sales made by every seller. "Management in order systems arose in the...
10 Pages(2500 words)Essay

The challenges of managing communication, leadership and decision making

...Critically analyze and evaluate the challenges of managing communication, leadership and decision making Introduction Management and execution is a complex process that entails the coordination of a number of assets and internal teams as well as frequent scheduled interactions with the customer. In changing economic and social conditions, it is often difficult for hospitality operators to provide a consistent set of services and products for tasks across multiple properties, a fact that often negatively impacts brand equity. The main challenges derive from changing nature of business itself, new methods and techniques applied by hospitality management. ...
6 Pages(1500 words)Essay

Managing Decision Making and decision support

.... There are solutions and potential paths the company can choose to solve the problem if they are willing to invest resources to obtain the solution to the problem. Question 8 a) The communication model Morse adopted with its SPMT management is a wheel communication model with the SPMT serving as hub control mechanism. There is small liberty to make decision, but the managerial staff in particular the CEO has a lot of power over the decision making. b) The communication and decision making model at Morse has not worked because at times people without the knowledge are getting involved in matters they do not understand....
4 Pages(1000 words)Essay

Managing Decision Making

...Managing Decision Making Managing Decision Making Visionary Visionary decision makers are focused on initiating radical change in the process of leading people in tumultuous moments. In this case, these decision makers like change; hence, they are not analytical since they gather relatively narrow information and they are significantly biased towards action (Sherman, 2013, 1). On the other hand, they are likely to rush quickly into the wrong direction. Visionary decision makers are conceptual individuals, who are futuristic; they are creative, artistic and ability to initiate new ideas...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Managing Decision Making for FREE!

Contact Us