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Decision Making Case Study - Essay Example

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In many companies, decision-making is sometimes made amidst limited information that may not provide enough for the decisions to be made. All in all the managers…
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Decision Making Case Study
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Download file to see previous pages Decisions that may affect these groups of people will affect the entire business leading to poor performance occasioned by the employees, the customers and the suppliers. It is therefore a very vital role to control the effects that each decision made in a company has on these sets of people and ensure that they are considered well in all decisions to avoid causing them reactions that would affect their engagement in the business. In quest to simplify decision making in any organizational setting, a number of business models have come to life to aid the decision-making arms of the organization in evaluating the decisions as a way of ensuring the decisions affect the company positively. These models may not necessarily provide a positive approach but base on the application to result into positive results for the company.
Considering the assignment at hand, the company is faced with a dilemma related to take over aspects of a company’s management with a family business aiming at engaging their daughter Joan into the business. The experience that Joan has is not sufficient to run all activities in the company and is therefore faced by a number of challenges in relation to making the decisions in the business. The major decision she has to make is with regard to her father who is viewed as an extrovert that has good management skills though considered difficult by many employees on lower cadres but considered a good manger by his senior colleagues.
The assignment aims at applying the PrOACT model in helping Joan make the decision with regard to her father’s position in the company. The PrOACT model provides a well-designed systematic approach to the decisions in a company. The decision model as developed by John S. Hammond, Keeney and Raiffa has worked to provide guidance to the different management positions as a guide to decision making as per their book smart choices. The PrOACT model is developed on ...Download file to see next pagesRead More
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