The Decision Making Of An Organization

The decision making process includes cognitive processes that eventually lead to a choice in action while taking into consideration the alternative possibilities (Allen, Dorozenko, & Roberts, 2016). Not all choices have to lead to an action. The values and preferences of the person making the choice also comes into play when making the final decision. Problem-solving to obtain a certain goal or satisfactory by a solution is the main reason people go through the decision making process (Stefaniak, & Tracey, 2014). This process has many factors that end with one final result or solution. The decisions made can be rational or irrational and can be determined by explicit or tacit knowledge (Qingyao, Dongyu, & Weihua, 2016). Since the decision making process can be very difficult at time, psychologists have viewed the process in different perspectives to get a better understanding (Rossi, Picchi, Di Stefano, Marongiu, & Scarsini, 2015). The different perspectives include; psychological, cognitive, and normative or communicative rationality.

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.

The leadership style of the supervisor may determine if they are willing to place decision-making authority in the hands of employees. A supervisor must be willing to give out responsibility and decision-making authority to their employees. The basic decision-making process is not always based on facts, figures, or totals but sometime based on pressures such as time and resources (McConnell, 2015). Supervisors consider it too risky to place decision-making authority in the hands of employees because they have a limited amount of experience making subjective decisions which are not based on facts and figures.

As we make decision throughout our day, for most of us we make a lot of decisions within the workplace. Those who are in leadership roles make decisions within the organization such as determining organizational goals, missions, visions, and other decisions that can greatly affect the organization either in a positive or negative way. According to Robins and Judge everyone play in the role of decision making in the workplace. “Non-managerial employees also make decisions that affect their jobs and the organizations for which they work. They decide whether to come to work on any given day, how much effort to put forth at work, and whether to comply with a request made by the boss” (Robins & Judge 2009, p. 147). These particular decisions that non-managerial employees make can affect the workplace in numerous of ways such as impacting views and decisions of other employees, impacted the set atmosphere in the workplace as well as impacting

Power and influence are extremely essential tools for ensuring decision making and its implementation. Authority alone is not sufficient. Power and influence help implement authority in an effective manner. This makes it an interactive process and we as a team can bring out better efficiencies. It is essential to consider the building of an effective system that can help build a stronger level of confidence among the team members and obtain better co ordination (Avolio, B.J., & Gardner, W.L,

In the health care profession a CEO will be asked to make a lot of difficult decisions. The CEO will not only have to make decisions that fit the ongoing vision of the healthcare facility he/she may work at they will also have to form stable relationships with their peers, media, and staff. Decision making occurs in all organizations. The decision-making process

The current president of UCAR has declared the importance of external relationships with funding agents and scientific organizations and has focused on this area while the internal administrative functions have received less attention. A chief operations officer, or an executive vice president (VP) for operations could fill the current void and give the company administrative oversight and centralization while allowing the president’s focus to remain more external (Cepin, 2011). Adding this role has proven to be beneficial to many organizations like Microsoft, Comcast, and Allstate (Researchers Demystify Role Of COO In New Book, 2006). Also, it is argued that companies such as Hewlett Packard would have benefited from having this role when mergers became difficult (Researchers Demystify Role Of COO In New Book, 2006). This new position would manage the daily operations of the company, including facilities management, budget and finance, purchasing and contracts, human resources, and possibly information technology (Cepin, 2011). This individual must oversee strategic initiatives and strive to make the internal workings of the organization more efficient and productive (Cepin, 2011). This role should be a partnership with the president and there must be a great amount of trust between the two positions (Researchers Demystify Role Of COO In New Book, 2006). Overall, the VP for

It is never easy to make decisions in life, especially life changing decisions. The decision making process is a very difficult process that is used by everyone in one way or another. Some people may alter the decision making process in order to fit their own needs and their own personal circumstances, but there is a model that has been provided in order to show the basic steps.

This paper will illustrate how various decision making methods amongst several senior leaders in my organization has stalled progress on an enterprise level project. Some leaders are keeping their options open, while others are simply not making a decision at all. This indecisiveness has created confusion and discouragement amongst subordinate units. The two themes that I plan on expanding upon in order to show how progress can be accelerated are autonomy and task significance. The issue at hand is not a result of ignorance or lack of commitment. Past experiences from differentiating backgrounds amongst the senior leaders has manifested into group thinking and therefore inhibited their ability to make a decision moving forward. The proper application of autonomy bestowed upon the action officers working the project, and a mutually accepted baseline for the overall task significance will ensure project success. This will establish clear guidance moving forward, achievable goals and re-establish trust from the tactical level up.

Group projects challenge students to not only accomplish a more difficult task, but accomplish it while working in groups. For this particular video project, I learned about my leadership style and the importance of enthusiasm when working in groups. Later in this paper, I will reflect my group’s decision-making process, dynamics, strengths, and flaws.

Many methods have been developed to simplify the decision making process. In this paper, the rational model of decision making will be discussed first. Then, some of the factors that cause deviation in the rational

There are many theories about decision-making, and how these affect organizations. Herbert A. Simon expressed the idea that human decision making was based on “bounded rationality”, which was that decisions were made on the available information, available time, and one’s cognitive information-processing ability (Simon, 1997). He made a distinction between “maximizing” and “satisficing” when making decisions. While maximization, or “optimizing” was the preferred rational method of making decisions, people often lacked the environmental or cognitive resources and information to do so. Simon postulated that “satisficing” was an adaptive approach, when necessary, and when information was limited and time was short. Satisficing, he said, was part of the human condition. Maximization was studied by other researchers, who identified three characteristics of maximization (Schwartz et al., 2002):

When do I start my paper? How do I start it? Do I start it with a quote or a simple sentence? Or do I skip on the paper? This is an example of decision-making that we deal with in our day-to-day life. People make a lot of decisions everyday; starting from the moment you wake up till the moment you sleep. Do I snooze the button or actually wake myself up? Do I make breakfast at home or eat out? These are some of the decisions you make in your day-to-day life. Most of time we make them without even realizing that you are actually making a decision because they are small decisions and do not have a lot of impact if it is the wrong decision. But some of them are so big that it requires a lot of detailed analysis and may even require input of more than one person.

If a product variable level increase by 10% the cost will also increase by 10% and the same is

Fraud certainly always pays a big role in the insurance industry. Since everyone’s accidents drives the rates either up or down, fraud, unfortunately drives rates up. People claiming more damage or injuries means higher rates for all of us. Basically, we all pay into a big pot, and if a claim happens, the insurance company takes money out of the “pot” to cover the claim. When the money in the “pot” is not enough to cover the claims filed, insureds will see rate increases to make up the difference. The more fraud occurs, the more our rates are affected.