Nobody downloaded yet

Decision Making Process - Essay Example

Comments (0) Cite this document
Summary
Decision is one of the significant disposition qualities distinguish high performers from the huge ranks of the average. As a matter of fact decision goes with every real huge success any person ever makes. The majority of…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.5% of users find it useful
Decision Making Process
Read TextPreview

Extract of sample
"Decision Making Process"

Download file to see previous pages The decision making process is merely as good as the weakest link. To take always high quality decisions, there is a need to ‘divide and conquer’ or split the decision and work on it part by part at a time. Being a leader, make certain to focus on people what it takes to suitably frame decisions. In order to establish decision quality in the organization, one should have a hand in declaring or checking each important decision frame. Soon after, when people become more certain and assured, turn them free to do their own framing, and guide them as a coach. As for the organizational decision making one should follow the decision dialog process that is suitably precise and flexible for the types of decisions. One should be able to judge decisions even as they’re being made, mainly when there are significant doubts, by assessing the quality of the work done at each of the six Decision Points: frame, people, process, alternatives, values, and information.
Making decisions in the face of doubt is what leaders and managers are supposed to do. There is a requirement to see how the decisions might link up, and how others might link them up and then put the frame in view of that. No one can know everything in advance. Recognizing, perceptive, talking about, and finally counting uncertainty are all element of good decision making. Assist people to find out and understand risk. Recognize the critical uncertainty, on which the decision actually depends. Make use the creative insight to reframe the decision, identify alternatives, and sharpen the ethics so that one can with poise select a path, even if one doesn’t know for sure the result. People have different risk profiles. The lenience for risk indicates how one processes each of the Six Decision Points: frame, people, process, alternatives, values, and information. Think about risk tolerance. As in the case of significant ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Decision Making Process Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Decision Making Process Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/miscellaneous/1544747-decision-making-process
(Decision Making Process Essay Example | Topics and Well Written Essays - 500 Words)
Decision Making Process Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/miscellaneous/1544747-decision-making-process.
“Decision Making Process Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/miscellaneous/1544747-decision-making-process.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Decision Making Process
...? Application of the Consumer Decision Making Process to the Purchase of an Appropriate Mortgage Property in London (Tutor) (Date) Introduction Consumer decision making process and consumer behaviour are issues that have elicited much debate and research in the recent times. Customers have become the core of any business operation and as such, understanding their decision-making processes ensures that their requirements are well catered for. When a firm understands the behaviour of its consumers, it is able to serve their physical, socio-psychological, financial and psychological needs, thereby satisfying them for the mutual benefits of both the consumers and the business organization. Doing this entails a thorough understanding... of the...
9 Pages(2250 words)Essay
Decision-Making Process Paper
...making model taught by the textbook. During my decision making I did not generate an official list of alternative solutions. My solutions were limited to staying or leaving. I did not make a deep analysis of my alternatives. In a way I was impulsive and I made the decision that felt right at the moment. The decision making model depicted in the textbook could have been very valuable for me when I made the decision. I did not identify the problem adequately. Identifying a problem is the critical first step in the problem solving process (Monash, 2012). Based on my emotions I choose to...
3 Pages(750 words)Essay
Ethical Decision Making Process
...ethical theory, in that it fulfills the need to achieve a successful outcome; it avoids all of the rules and regulatory restrictions that may deny someone control of the situation. He seems to, also, show high signs of motivist theory, as well. The motivist ethical theory are not based on any absolute values, they believe the intention of, or the reason that motivated, the act is what is paramount. ("Ethical theoretical systems," 2011) This ethical theory, also, leads to rationalizations of those decisions, which is a trademark of the character House. “Making good ethical decisions require sensitivity to ethical issues and practiced method for exploring the ethical aspects of a...
4 Pages(1000 words)Assignment
Consumer Decision Making Process
...Introduction Consumer behavior is a theoretical concept that addresses different stages a consumer would pass through before they make a particular purchase decision. To define, consumer behavior is “the study of individuals, groups, or organizations and the processes they use to select, secure, use, and dispose of products and services, experiences or ideas to satisfy needs and the impacts that these processes have on the consumer and society” (Hawkins 1998, p.6). The concept of consumer behavior is important in the field of marketing because it is highly related to consumer decision making and consumer buying process....
8 Pages(2000 words)Assignment
Group Decision Making Process
...Group Decision Making Process The success of our group in resulted due to numerous factors that were considered when forming a group and working in it. When the circumstances shaped so that we had to form a group we didn't have time to develop lots of the phenomenon that unfortunately exist in many other groups, like groupthink and deindividuation. We just had a task to be completed in front of us, and it was all we cared for. We won't say that everything went perfectly, but, nevertheless, we got a very valuable experience in working in group and team decision making we would now like to share with you. As there weren't any defined hierarchical structure...
2 Pages(500 words)Essay
Decision-Making Process Paper
...ID Lecturer Decision-Making Process Paper My decision-making process depends greatly on what I want to achieve in essence. This is the reason why my decision-making is always well thought out. The decision-making process starts with the analysis of the different perspectives which have come to my reckoning. After this has been done, I find the reasoning for it so that my decision-making does not get affected by entirely alternate evidences which might be available at one point in time in the future. I want to be 100...
2 Pages(500 words)Essay
Ethical Decision Making Process
...Ethical Decision Making Process Hypothetical Jane Jones works for ABC Corporation, a U.S. based corporation and her work involves travelling internationally. In one of the travels, Jane experiences difficulties clearing with the customs. While she has all the documents, the inefficiencies and corruption within the customs means she will wait for another couple of hours and miss a scheduled company meeting. The main problem highlighted in the hypothetical case relates to ethical dilemma and conflict of interests as they relate to decision-making. There are various courses of action that Jane could take. On one hand, she could choose to pay the customs...
1 Pages(250 words)Essay
The Decision Making Process
...process is initiated according to the expectations and preferences of the decision maker for the purpose of eliminating possible uncertainties of the results of a preplanned future action. The process of decision making is not a simple action, because it is the key to the future perfections as the decider of an action has an unbreakable relationship with the implications of the results as well as the quality of the chosen output that comes as the end result. Therefore the course of deciding anything has to go through various stages. Firstly, the problem is identified and defined, then the trial for identifying the possible solutions to it. Next, the...
2 Pages(500 words)Essay
Decision Making Process Paper
...Management Decision-Making Process Decision-making is the act that involves choosing two or more s of action. It is crucial to note that it is not all the time that a person will be in a position to make the correct decisions based on the choices available for choosing. At times, people make decisions without considering the better choice or gathering enough information (Bateman & Snell, 2007). Therefore, a person has to make sure that there is a record of important decisions to make, or identify the right decision. The...
1 Pages(250 words)Essay
Consumer Decision Making Process
...Consumer Decision Making Process Consumer Decision Making Process Introduction and Analysis The interview began with a brief introduction of the interviewer and the intention of the interview to the interviewee who bought a 400 QR worth Samsung Galaxy phone. When asked what made him buy the Android phone, he answered that Android phones were trendy and stylish. This is probably because his peers had already had Android phones by then, and when he got an opportunity to buy a phone, it was not going to be an inferior one. When asked about the number of alternatives he had considered, if any, he affirmed indeed he had considered many...
4 Pages(1000 words)Assignment
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 Decision Making Process for FREE!
Contact Us