How an Effective Decision Making Process Could Have an Impact on an Organization’s Success

Managers within organizations are faced with the challenges daily of making excellent decisions. In everyday life we are challenged in making sound decision, decision that will last for a life time. Folk often wonder after making a decision if it was the right choice, will it affect the people around me, was this a good choice for my family, and will the decision affect them. In order to be an effective manager you have to possess the skill of outstanding decision making skills. In order for one to be successful within their personal life they may also need to possess an understanding of effective decision making. The decision- making process should be one that makes a positive change. Can the decision making process work

Decision-making in the workforce is a process of responsibilities used by upper management to implement, enforce rules, regulations, and maintain a successful environment. Decision-making implemented more effectively by making a plan, thinking it through, accepting more than one opinion and determining what is best. However, decision-making often utilized more effectively by opening doors of opportunities for a suggestion, question, discussion, and feedback. Although, more involvement helps improve understanding, utilize behavior skills and present opportunities for better communication. Everyday life consists of decision-making, the right decision may not always be applied, but ensure room for improvement and opportunity. Individuals approached decision-making in many different ways. As stated by (Jones, Graham, & Bateman, 2006) decision making is a procedure used to recognize a problem, weigh the alternatives and evaluate a solution in which, certain situations will require different approaches to become effective.

2.1 Evaluate the decision making models which are used to support decision making 2.2 Identify those to be involved in analysing information and decision making 2.3 Evaluate methods of presenting decisions made

Top-level executives and key managers are at the helm of the decision-making process with the focal point being selecting the best choice. Selecting the best choices or alternative of choices derive from assessments, interviews, surveys and audits that evaluates the strategic position of the selected choices. Consequently, the chief executive officer at some point should show how the middle-managers, front-line managers, employees and client fit into the decision-making process.

Higher job security often leads to decrease in employees performance and productivity. Generally, employees who feels secure in their job tend to work less efficiently as they are sure that they can never lose their jobs. Due to this company performance also will reduce there by having a chance of getting a demotion or even a dismissal from

Question 17 The manager of the Capitol Restaurant noted that the restaurant had experienced a decreased number of evening customers. The manager promptly ordered the chef to rewrite the evening menu. Customer feedback later indicated that the problem had not been the menu but poor service from the wait staff. The manager's decision to have the menu revised suggests that he failed to a) identify the problem. b) evaluate the alternatives and consequences. c) properly diagnose the cause of the problem. d) evaluate the decision and its consequences. e) identify a solution. Question 18 Characteristics of managerial decisions include which of the following? a) Success b) Certainty c) Convention d) Lack of structure e) Speed Question 19 Advantages in using a group for decision making include

Job security can simply be defined as the feeling of an employee feeling that he or she belongs to and plays an important role in the success of an organization. According to the U.S. Bureau of Labor Statistics, “layoff measures in 2015 were down from 2014, which shows more stability in the economy.” However, employees under at-will remain cautious about feeling a sense of security in the work place. This is simply due to the fact that their employment can be terminated at any time with or without probable cause. In turn, this creates a culture of fear at times within companies who are struggling financially.

Concepts, practices, and effective decision-making strategies to promote patient safety and quality improvement begins with leadership to communicate expected standards of care to staff, promote active involvement in the quality improvement (QI) process, create a blame free environment in order to address near misses, errors, or adverse events, establish the use of Six Sigma as the benchmark for QI, and determine discrepancies between care provided and unit standards by root cause analysis (RCA) (Marquis & Huston, 2014). Childbirth by itself is an exhausting process and coupled with rooming-in, evaluations by staff and lactation consultants, and visitors, there have been increased numbers of infant falls during the hospital stay. These falls

As stated by Prasad (2008), the managers should identify the different choices available in order to get most acceptable outcome of a decision. From searching different alternatives the managers can evade blocks in operations as choices are suitable if a particular idea goes wrong. Khanka (2000) expresses the view that selections can developed from in many ways such as can get from sources like experience, do training other organizations, and take others ideas and suggestions related in problems. Furthermore to improve alternatives solution the managers may investigation the signs of a problem for clues or fall back on intuition or result that stated by Griffin and Moorhead (2010). For an example in marketing department a non-programmed decision is compulsory the manager have to produce alternatives for raise market share. As McShane and Von Glinow (2000) pointed out that in a programmed decision is a standard operations is not to generate choice but can take out from the documented that already saved. Next an organizer should search the mission of a decision. In other words they need to define what is to be accomplished by it (Quick & Nelson, 2013). The decision criteria are important as mentioned by Dubrin (2002). The several criteria are consumers must aware of varies in quality of products, there not happen inflation, workers must consider the quality of improvements and lastly job satisfaction should not be reduce.

Thinking critically and making decisions are important parts of today’s business environment. It is important to understand how the decision making process works and the steps involved. The nine steps of the decision making process are: identifying the problem, defining criteria, setting goals and objectives, evaluating the effect of the problem, identifying the causes of the problem, framing alternatives, evaluating impacts of the alternatives, making the decision, implementing the decision, and measuring the impacts. (Decision, 2007.) By using various methods and tools to assist in making important business decisions an individual can ensure the decisions they make will be as successful as possible. In this paper it

Inadequate information, data, and knowledge. For rational decision-making to be accurate, reliable, and complete, information about various aspects of the problem under investigation is necessary. Possible future trends can be estimated with the help of such information. This facilitates rational decision-making. However, adequate and reliable information may not be available at the time of decision-making. As a result, the decisions may become defective or irrational or may prove faulty in the course of time. This is how decisions become irrational.

The decision is to select an action among a number of actions that solves a given problem, that prevents a problem from happening, or that forces to apply new ideas for development. The need for understanding decision making process is increasing because the complexity of modern organizations is increasing, and because the modern organizations' effectiveness depends on the decisions made by the managers. The question is how to select the most appropriate action to solve the problem satisfying all stakeholders.

The focus of my term paper is the decision making process used by today's top-level managers. Top-level managers, such as Chief Executive Officers (CEOs), Chief Operations Officers (COOs), and Chief Financial Officers (CFOs), must make critical decisions on a daily basis. Their choices and the resulting outcomes affect the company, the employees, and the stakeholders. Due to the high importance of their decisions, the process they use to reach them merits a close examination.

As a result, decision triggers ought to warrant extraordinary care and accompany thorough investigation of potential outcome scenarios, the least of which might take into account possible exit strategies. However, time and again, the human equation proves otherwise and omits that which seems so indispensable in the inexorable drive for an expeditious remedy. Although strategic decisions commonly associate with organizational entities such as the Department of Defense, the Fortune 500 and major research institutions, it would be erroneous to believe in the existence of some mutual exclusivity. In the chapters that follow, the writer presents a review of strategic processes promoting applicability to individuals while focusing on those rarefied decisions with illustrative examples demonstrating conceptual parallels with complex organizations they frequently tend to associate.

As individuals, we make decisions throughout the day weighing the cause and effect, cost and benefit, risk and impact of our actions on ourselves and upon others. When taken to a larger scale, as the manager of a team, the CEO of a corporation, or the leader of a nation, the decisions exponentially increase in impact and importance.