Using Tools For Decision Making

Organizations, including government, or institutions of higher learning, are created to carry out services that are essential for a smooth-running society. In order to run organizations, decisions are made at all levels of the organization. It is thus important to understand how successful organizations and the unsuccessful ones alike make the decisions that make or break them as an organization. Like human beings, institutions must engage in decision–making processes where, from selected alternatives, they pick the most optimal and absolute best (Gasman, 2009; Harris, 2011). For example, in deciding to hire someone, the Decision maker, must not only select the best candidate, but the selected person must be one that has maximum utility (Harris 2012). For organizations such as Institutions of Higher Learning to carry out their intended purposes, they must plan for their employees’ wellbeing. According to Gasman (2011) the process of making a decision begins with defining the problem, identifying the standards or criteria; allocating weights for each

A personal decision-making strategy is an essential navigation tool for leaders. The surge of advanced technology and globalization, presents a fast-paced environment for leaders to make decisions quickly, under great pressure, and without accurate or sufficient information (Baba & HakemZadeh, 2012). In this modern competitive world, making reliable decisions promptly is an imperative strategic skill for high level leaders. The bottom-line for most organizations involve making the right decisions at the right time to reflect increased productivity, financial gain, and efficiency. Decision-making is at the core of all leadership activities and positions (Maringe, 2012).

It makes sense for employees not to worry about such financial matters when the government bails out large employers. Thus, after careful detailed analysis, Joan recognized management did not have a vision for employees to follow. Therefore, he developed a long-term plan focusing on profit and listening to the customer. By mixing the cultural norms, Joan capitalized on the strength of the Invitations Inc. employee. As a leader, she understood cultural behaviors while appreciating their differences. Her cultural sensitivity coupled with her people skills helped turnaround the company. These skills and decision-making ability are not mutually exclusive to Joan’s normative decision model, which assumes decision-making styles are learnable. Therefore and a possible near-identical substitute could exist. One major problem with search committees are the significant amount of time and effort necessary by the members, who are often upper management, might produce less than ideal candidates (Poston 1). Although best practices exist for search committee, Joan’s replacement might not harmonize with the company. The replacement might undue the corporate cultural changes under Joan, reverting to old habits, or tip the balance of cultures too far in the other direction. According to the case’s timeline, Joan would continue as CEO of Invitations Inc. for as long as needed. This could be time spent by Joan to mentor a successor of her choice.

Datatronics is an organization that serves their customers with Enterprise Resource Planning integrated solutions. Their growth is mainly attributed to acquisitions of smaller competitors. E-Z RP was such a company that despite its inferior size compared to Datatronics was able to succeed and outperform Datatronics on grounds of customer service and customer satisfaction. Datatronics recognized the fact and acquired E-Z RP with the aim to improve in that respective area. Just as it is the case with most acquisitions, job uncertainty at E-Z RP came into question when the acquisition was announced, however, all of the employees were able to remain employed. The issue was that most of the positions E-Z RP

Decision-making in management is essential to the success of the organization. Decision-making in one 's personal life is just as essential. In making decisions it is important for a person to be aware of different decision-making techniques, tools and approaches. In this paper I will explore two different tools of decision-making as applied to a decision that I need to make and I will also identify possible solutions to my decision. Lastly, I will compare the results of my two different techniques and explain which tool I feel will be more effective in making a decision. The two different decision making tools that I will review are the rational decision-making model and the Decision Tree tool.

During the recent past however, when the company became a more dominant global competitor and a publicly traded conglomerate, the numbers of employees leaving the firm have increased, generating adjacent problems of employee recruitment, training and retention. In other words, the major challenges currently faced by the company are related to talent management. At a more specific level, the issues refer to the following:

Employee retention is the solution for improving organizational performance (Dey, 2009). An organization who wants to ensure they keep their employees from leaving their business to work for a rivalry organization is to maximize job satisfaction. To maximize job satisfaction the organization will need to make changes to their training process to ensure that each employee fully understands his or her position in the company. The company should also speak with the employees on how they feel about their job (Spector, 2008). An organization that can create a friendly atmosphere for the employees will have a better chance of keeping them.

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

When one is thinking, he or she must think critically. Thinking critically means to think intelligently and thoroughly about the decision to be made. One must gather his or her thoughts with clarity, precision, accuracy, relevance, consistency, completeness, and/or fairness. With those particulars in mind during the thought process; an accurate answer and/or the most excellent decision will undoubtedly be made. The purpose of this paper is to find a decision-making model and to describe that model and apply that model to a recent job-related decision.

Tools for decision making is interesting topic to me. I used probability theory some time using actual values. Often everyone use the probability concept based on the previous experience and knowledge. This the first time came across decision making software. I searched internet about decision making software. Those program leads the user through the steps of the formal decision making process. These days I am looking for Laboratory Management Software for my work place. I will use brainstorming concept in this chapter to select good program. I will use rational model of making step to direct my team during brainstorming session.

     There are several decision-making models to choose from in any given situation. Some of these models available on the Internet are the Responsible Decision-Making Model, the Ethical Decision-Making Model, the Ethics Toolkit PLUS Model, the Vigilant Decision-Maker Process, and some basic ones as well. In general, all decision-making models are the processes we use to make well-thought out decisions. There are three major elements of all decision-making models. These three elements are: how are criteria determined, how are alternatives generated, and how are alternatives evaluated against criteria (Scholl, p. 1). In this paper, we will use the Responsible Decision-Making Model to explain how the process works

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.

This project proposes practical ways to minimize the diversifying rate of employee turnover at TFT Corporation with no exertion of extreme pressure on the existing resources (material, human, and monetary). Employees can leave one firm for another in the quest for better payments, better working environment, better organizational culture, and freedom from managerial pressure. The HRM sector is obligatory for most of the duties

|1 |Logical phase analysis and requirement specification identification and gathering for the new e-HR |1.5 month |

This report provides information about the critical reflection of my personal decision making situation in the workplace or a similar environment and give some suggestion about how I might have dealt these issues. In preparing the report, I revised my personal report and have a group discussion where other person’s views were considered. Following critical analysis and critical thinking about the decision making in the case, I will be like to analysis the case and my