Decision Making Model
Decision-Making Model
An individual's life, it is often said, is nothing but a reflection of choices that were made. Thus, individuals who make well-thought out decisions are more likely to feel content and fulfilled, whereas individuals who are driven by impulse often end up taking many a wrong turn in life. The preceding observation is especially true of decisions that are made at critical junctures of a person's life such as his or her choice of career. I, recently, had occasion to become highly sensitized to this fact when I was faced with a decision pertaining to my current career with the Navy. Although there were several aspects to my job with the Navy that afford a feeling of contentment, I had begun wondering if I could, in fact, lead a more fulfilling life through a career in business management in a multinational firm.
Since I was highly aware of the importance of the decision I was about to take, I felt that it was only prudent to let my decision be guided by a decision-making model, which was known to be effective, if used well. With this in mind, I set out to research the various decision-making models and finally settled on the "Assess-Explore-Decide-Act" model as the one best suited for my purposes. I chose this particular model of decision making since it offered four simple steps, designed to reach clarity in career decisions (UNSW, 2004). Of course, I was well aware that I would need to apply all the critical thinking skills I had while applying the steps recommended by any decision making model. For, as Parsons who was one of...
Decision Making Model Decision making is an important everyday activity which can have far-reaching implications on personal and business matters. People face challenging situations often that require them to make decisions. These decisions usually follow a pattern that has something to do with an individual's personal values and beliefs. Ethical decision making model is one of the most commonly used models today because it takes into account the interests of others.
SWOT analysis is very instrumental at this stage. One can also employ the use of well structured questionnaires so as to achieve broader and a deeper scrutiny of a problem or situation. d). Developing options At this stage one should come up with several probable options to the solution of a problem. Creativity is of essence here since it will help narrow down to the fewer most probable decision options. As
Decision Making Model Decision making is defined as the cognitive process of selecting a course of action from among multiple alternatives (Wikipedia, 2004). Effective decision making, however, is contingent on an individual or group's ability to select the course of action, which is most likely to result in goal or task accomplishment. In the business world, this is easier said than done since most decisions involve taking into consideration a myriad
The brainstorming approach: The Grubb & Ellis Company In contrast to the City of Miami, the Grubb & Ellis Company, a commercial real estate advisory firm, uses the 'brainstorming' method of decision-making. A creative business such as Grubb & Ellis clearly believes it benefits from a decision-making model that encourages a 'free for all' of information. In this model, individuals write down, collectively or individually, every idea that comes to mind,
Facilitators Team, 12-06-02. Decision Making Model, The Team Handbook, pp.4-20 -- 4-25. Retrieved 9-16-05, from Facilitators Team. http://www.lib.umd.edu/groups/learning/Decision-MakingModel.pdf Roberts, Rick, unknown. 7-Step Decision-Making Model. Retrieved 9-16-05, from University of North Florida.
Therefore, decision makers evaluate only a reasonable number of alternatives and choose the best one from their comparisons (Kantrow, 1987). A made a similar decision based on the rational decision making model. When recently, I decided to buy a car, I knew that I had a problem, since without using car it was taking many hours from work to the home. Therefore, I was able to identify the problem. In
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