Wednesday, May 6, 2020

The Decision Making Of An Organization - 1367 Words

The Decision making Continuum- One of the manager’s most important jobs is to determine the outcome for a task. He has to decide on goals and provide assignments for employees to complete. However, it is just as important for the manager to be clear about how decisions related to these goals will be made. In leadership and management theory, decision making power can be examined using a visual model called the decision making continuum or the Tannenbaum and Schmidt continuum. This model shows how decisions can be made by the leader’s authority or democratically from subordinates. It is seen that as the team’s freedom in the decision making increases, the manager’s authority decreases. On a smaller scale and at a personal level, this can be divided into administrative and rational decision making. The former process involves â€Å"satisfycing† or simply using immediately available information to make a solution one deems reasonably acceptable. This is primarily used to make simpler decisions such as choosing an item at a fast food restaurant. The latter process involves gathering as much information as possible and using it to make the best decision. It generally involves larger decisions such as buying a motorcycle or choosing a spouse. It may also be a matter of perspective. For example, someone who is very health and budget conscious may make a rational decision even at a fast food restaurant, looking up calories, nutritional information, taste reviews and prices to makeShow MoreRelatedMaking Decisions For An Organization903 Words   |  4 PagesMaking decisions is a much more complex process than just trying to figure out whether to do something or not. It often requires more than just a â€Å"Yes† or â€Å"No† answer. The right choices are crucial to an organization in order to address important issues and to produce positive outcomes. Often time’s smaller decisions help figure out the bigger picture. For instance, in the movie The Insider Wigand had to decide whether becoming a whistleblower was worth the threat to himself and his family. UltimatelyRead MoreThe Decision Making Of An Organization1367 Words   |  6 PagesThe Decision making Continuum- One of the manager’s most important jobs is to determine the outcome for a task. He has to decide on goals and provide assignments for employees to complete. However, it is just as important for the manager to be clear about how decisions related to these goals will be made. In leadership and management theory, decision making power can be examined using a visual model called the decision making continuum or the Tannenbaum and Schmidt continuum. This model shows howRead MoreDecision Making Of An Organization2339 Words   |  10 PagesDecision making in an organization can be a positive strength that can be used individually and in-group situations. In every organization there is a team enviorment that gets created. The focus that needs to be made when making a group decision is listening to each other, formulation of questions and how they present their views. When there is an enviorment where every person in the team feels comfortable this raises the quality of the decisions being made (Foundationcoalition.org, 2014). IndividualRead MoreOrganization Decision Making Process1052 Words   |  4 PagesAn organization continually makes decisions at all levels. Until the past decade, most organizations and their managers and employees operated in an information and knowledge fog, making decisions based on best guesses about the past and present, and making expensive errors in the process. Many have failed throughout the course trying to improve the decision making process, there are many ways that contribute to the failure. Organizations can easily miss the market, by not having the right intelligenceRead MoreDecision Making Across the Organization741 Words   |  3 PagesDecision Making Across the Organization Ramonica George ACC/561 January 14, 2014 Grace Kalil Decision Making Across the Organization When it comes to decision making across the organization, managers must have an understanding of cost effectiveness, selling, pricing, and budgeting. The organization must be able to accurately budget for variable cost as well as fixed cost while maintaining an increase in profit and revenue. In this paper, I will discuss the different view-points of decisionRead MoreDecision Making in Healthcare Organization1494 Words   |  6 PagesRunning Head: Decision Making in a Healthcare Organization 1 Decision Making in a Healthcare Organization Xavier Hunt MHA 601: Principles of Healthcare Administration Professor Jack Lazzare December 19, 2011 DECISION MAKING IN HEALTHCARE ORGANIZATION 2 In the health care profession a CEO will be asked to make a lot of difficult decisions. The CEO will not only have toRead MoreLeadership Of An Organization And Making Decision865 Words   |  4 PagesWhen managing an organization and making decision, it is important to develop leadership skills. Leadership is multi-faceted and there are many different approaches that are used in leadership. What is leadership? Leadership is the ability to influence a group toward the achievement of a vision or a set of goals. (Robbins Judge p. 385) Leaders are those who have the influence to motivate people to take a vision and put it into action. Often, people in management have assumed positions of leadershipRead MoreDecision Making For The Success Of The Organization1336 Words   |  6 PagesDecision-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 techniquesRead MoreDecision Making Process Of An Organization1829 Words   |  8 Pagesassist the decision maker in speeding up the decision making process There are various heuristics or methods that can speed up the decision making process of an organizations or the decision maker for the company in a given framework. When the organization is working under the global market, the methods to speed up the decision making process is extremely important for the decision makers of the organizations. Defining the problems There can be two or more problems in an organization when it is workingRead MoreDecision Making Within The Organization1002 Words   |  5 Pages First and foremost, stakeholders are individuals that have an interest or even influence of decision making within the organization. Stakeholders along with elected officials, organizations, and special interest groups are valued based on their contributions and connections. In comparison amongst all organizations, healthcare stakeholders play a key integral part because of regulations. Health care is highly regulated and policy driven and the right personnel in your corner can go a long

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