Abstract
This topic contains the definition of decision making, stages of decision making, characteristics of management making models, decision scope. It explains the different models of decision making and how they can be utilized in the work environment to minimize the effect of a problem situation by giving examples (e.g.). This assignment is based on the information gathered from, Wikipedia, the free encyclopedia, Management, 1e (chapter 9: Decision Making),Problem Solving Approach(rEsource page, University of Phoenix).
Experience with Decision Making Models
Decision making is the cognitive process leading to the selection of a course of action among alternatives. Every decision making process produces a final choice (Wikipedia, The free encyclopedia). The success of a decision making model will depend on asking the right question and implementing the appropriate conclusion. Management decision is either made by managers, teams or individual employees depending on the setup of the organization.
"You can tell whether a man in clever by his answers. You can tell whether a man is wise by his questions." (Naguib Mahfouz)
There are different stages involved in the process of making a decision (Management chapter 9 pg 211) which are stated below -
a) Identifying and Diagnosing a problem
b)Generating alternative solutions
c)Evaluating alternatives
d) Selecting the best alternative
e) Implementing the decision
f) Evaluating the decision
By following the above mentioned steps well researched alternative solutions can be thought of and implemented.
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