Essay on Decision Making - 845 Words

Decision-making models, or the path that one would choose in his or her decision-making, is heavily relied on the information one has received. By having all the correct information available, decision-making becomes an easier task. The model in which one would base his or her decision-making upon can be analyzed into six different factors: the problem at hand, the goals that want to be reached, alternatives, pros and cons, decision(s), and reason(s) behind the decision(s). According to Richard W. Scholl (1999), there are three components of every decision. The standards in which decision makers assess alternatives, or the criteria. The specific courses of action or options being considered are the alternatives. The cause and effect†¦show more content†¦Approximating the possibility of each outcome prepares the decision maker to assess and evaluate alternatives. The next step in the decision-making process is choosing the alternative that the decision maker considers most effective, that is, the one who allows the opportunity to solve the problem and accomplish all necessary objectives. This choice can be hard even when results have been evaluated based on comparable criteria. Once a decision has been made to choose an alternative solution, that decision must be implemented. The decision maker will have considered all imaginable problems that may be connected with the implementation of the solution. However, the decision-making process does no t end when the decision is implemented. The decision maker must evaluate the decision to the extent to which the solution achieved the necessary objectives. In professional decisions that I have made in my workplace, I tend to lean more toward the pros and cons, or the cause and effect principles. Recently, I was asked to research a new networking and accounting system for the company, and to choose the best one, as we would be implementing the network into our company. As I researched, I took note of the pros and cons as they came up. The new network was certainly going to streamline our everyday work process as well as alleviate any double entry, which would also reduce errorsShow MoreRelatedDecision Making820 Words   |  4 PagesQuestion 1: Which biases in decision making can be identified in the performances of both Pieterson and Gack? How can the identified biases be overcome? In general, the decision making style for manager approach decision making is toward rational and intuitive thinking. In rational thinking a person consider the problem in a rational, step-by-step and analytical way. 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