Decision-Making Model Analysis Paper

1441 Words3 Pages
bulb-icon

Recommended: What role perception has in critical thinking

Decision-Making Model Analysis Paper

Introduction

In order to master critical thinking, the ability to question information and solve problems must be present. The crucial steps that lead to successful decision-making is not based solely on our skills and abilities, but on the strategies that help us get there. All these steps combined allow us to make solid and intelligent decisions. Research on understanding how the mind works is a continuing project at best, but the progress we have made is substantial in the areas of understanding problem-solving and decision-making. This paper will discuss the method(s) used, where they are applied, what role critical thinking plays, and the impact these decisions make.

Decision-Making Models

Through research, methods have developed that not only show people how to make decisions, but advice that will help to improve the skills already in place. We call these methods models. There are models designed with specific industries or individuals in mind. For instance, models based through observation or experiments (empirical research)(Simon, 1986, para6) allow such tasks as interpreting oil-well drilling logs. Using a model that centers on financial gains would not be as beneficial to the field engineer who must make a decision to continue drilling or to relocate his drilling equipment to another location, as a financial-based method would be to a CEO.

Research has shown that different models are developed and made with specific groups, areas, or individuals in mind. Where decision-making is crucial, choosing the most efficient model will prove to be the first important step. I work in an industry where making poor decisions can affect many avenues of daily life, from the quality of the air we breathe to the purity of the water we drink. Riordan is a company that is built on innovated technology. All technology makes use of research and development and Riordan is no exception. For every tool, software or drilling bit developed, research and testing are involved. Electronics and engineering specialists conduct the beginning tests, which are confined to labs, but the final stages will be conducted out on the test field where actual drilling and logging is performed. Some tools are simple and contain no harmful material, but others contain impressive ingredients like "gyros' and "radiation," so safety to humans and to our environment is the utmost of importance to Riordan. How do we achieve this? That is where Decision-making and Evaluation for Environmental Policy will lend a hand.

Show More
Related

  • D. A. Re Essay

    780 Words  | 2 Pages

    The four simple steps taught me how. Making decisions will be significantly easier if I utilize the DDM. I know that the D.A.R.E. Decision Making Model will be beneficial to me even as I grow older and I am grateful that I have learned such a useful tool to implement in my life. D.A.R.E. has taught me useful techniques, tips, and strategies that will undoubtedly impact my actions in the future.

    Read More

  • Exploring the Evolution of Social Criticism and Critical Thinking

    1321 Words  | 3 Pages

    In general, as shown by analysis of the literature, there are three stages of critical thinking research. The first stage was within 1970-1982. During this period, researchers paid their attention to the importance of logical thinking, believing that it formed the core of critical thinking (Reichenbach, 2000). E. Glaser developed training program of critical thinking, which addressed

    Read More

  • The Important Of Critical Thinking: The Importance Of Critical Thinking

    806 Words  | 2 Pages

    Critical thinking is when an individual identifies and evaluates outside sources before making a decision. This is a very important still to learn to become an effective thinker and making educated choices. Critical thinking is fundamental when making choices, from selecting the right answer on multiple choice exams to choosing the right place and time to buy a house. An individual that has learned critical thinking is less expected to make poor choices that could potentially harm him or affect others. In theory this individual could calculate the consequences of his actions. A good critical thinker doesn’t need to memorize huge amounts of information. Instead, he asks questions, is open to alternative solutions, formulates theories,

    Read More

  • The Relationship Between Critical Thinking and Decision Making

    678 Words  | 2 Pages

    Critical thinking and decision-making are related in more ways than people think. This paper will define critical thinking and decision-making according to the book Whatever It Takes. It will also present a personal definition of critical thinking and decision-making from the author of this paper. The relationship between the two will be explained as well as the benefits of being a critical thinker. The author of this paper will also show how critical thinking is present in his organization and how he implements critical thinking techniques on a daily basis.

    Read More

  • Critical Thinking Application

    784 Words  | 2 Pages

    Critical thinking is an important aspect of an individual’s daily life, regardless of an ethnicity, gender, or age. The individual, who has a strong sense of critical thinking skills, has a sense of inquisitiveness, finding an inventive solution to a problem or issue that he or she may be faced with. Critical thinking is used on an individual’s personal life he or she as well will use his or her critical thinking skills on a professional level. In the following paper the discussion of what critical thinking is as well as discusses the “University of Phoenix’s” decision making model, and how critical thinking skills can help us make a crucial decision. The subsequent paragraphs will also discuss the significance of as well as the benefits of critical thinking.

    Read More

  • Critical Thinking and Decision Making

    579 Words  | 2 Pages

    Critical thinking is a precursor to making an informed, educated, and unbiased decision. The two skills are critical to success in today's business environment. Any person who wishes to enhance their skills would benefit from paying close attention to what you have heard and read and then asking critical questions before a determination is made. This type of structured evaluation of information will enhance the learning process for anyone who utilizes it.

    Read More

  • Applying the D.E.C.I.D.E Model of Decision Making

    1323 Words  | 3 Pages

    This paper explores the legal, ethical and moral issues of three healthcare colleagues by applying the D-E-C-I-D-E model as a foundation of decision making as found in Thompson, Melia, and Boyd (2006). Issues explored will be those of the actions of registered nurse (RN) John, his fiancé and also registered nurse (RN) Jane and the Director of Nursing (DON) Ms Day. Specific areas for discussion include the five moral frameworks, autonomy, beneficence, Non – maleficence, justice and veracity in relation with each person involved as supported by Arnold and Boggs (2013) and McPherson (2011). An identification and review of the breached code of ethics and the breached code of conduct in reference with the Nursing, Council, and Federation (2008) will be addressed. Lastly a brief discussion on how the three schools of thought deontology, teleology and virtue had effects on each colleague (McPherson, 2011) .

    Read More

  • The Negative Effects of Urbanization on People and their Environment

    1956 Words  | 4 Pages

    These burdens are amplified as the area is further urbanized; increasing demands for fossilized fuels, food, water, and property for additional urban construction. The impact of industrialization has transformed human life and produced extensive ecological deviations. In order to understand how the environmental impacts of ever expanding industrialized technology might linger to impact our health and that of our environment, we offer facts that should be studied. This paper suggests that extra research be conducted to enhance perception concerning advancing modern technology disadvantageous consequences on the safety of humans and their surrounding environment. Manufacturing of Energy Resources.

    Read More

  • Decision Making Model Paper

    1046 Words  | 3 Pages

    Life is full of decisions. Some decisions are trivial. Should I choose paper or plastic at the grocery store? Which of the 31 flavors of ice cream should I pick? Other decisions are vital. Should I get married to her or should I take this new job? Your decisions may affect many people or only yourself. In this paper I will present a decision-making model. I will describe a decision that I made at work using this model and how critical thinking impacted that decision.

    Read More

  • The Importance Of Critical Thinking In The Army Problem Solving Process

    1306 Words  | 3 Pages

    What is not easily recognized is the fact that the very fabric of life is dependent on the ability to think properly and make good decisions. Improper thinking is costly in the quality of life and monetarily. The result of a critical thinker that has worked to cultivate proper thinking skills includes: the ability to ask vital questions and to identify problems with clarity. A critical thinker also collects relevant information while effectively interpreting it, thinks with an open mind, uses alternative systems of thought, and understands how to communicate while working to formulate a strong solution. In summary, critical thinking is self-disciplined, self-monitored, and self-corrective thinking. Above all else, the standards of excellence are rigorous, and it entails the prospect of overcoming the challenge of sociocentrism and

    Read More

  • Critical Thinking: Strategies in Decision Making

    1019 Words  | 3 Pages

    Critical thinking is a process of applying various skills to analyze information. Critical thinking uses rationality to distinguish between emotion and fact. This paper will discuss the definition of critical thinking, and the skills it takes to think critically. It will also provide an example of critical thinking applied to my current working environment. Finally this paper will discuss the importance and benefits of critical thinking in the decision-making processes.

    Read More

  • A Critical Thinking Of Teaching

    1209 Words  | 3 Pages

    Critical thinking a strong and powerful way to use the brain, it is used by millions everyday some without knowledge that they are even using it. Critical thinking according to Diane Halpern as " The use of those cognitive skills or strategies that increase the probability of a desirable outcome...thinking that is purposeful, reasoned and goal directed - the kind of thinking involved in solving problems, formulating inferences, calculating likelihoods, and making decisions when the thinker is using skills that are thoughtful and effective for the particular context and type of thinking task. Critical thinking is sometimes called directed thinking because it focuses on a desired outcome." Halpern (1996).

    Read More

  • Decision Making Reflection Paper

    883 Words  | 2 Pages

    Making decisions is an important part of our everyday life. Decisions define actions and lead to the achievement of goals. However, these depend on the effectiveness of the decision-making process. An effective decision is free from biases, uncertainties, and is deeply dependent on information and critical thinking. Poor decisions lead to the inability to achieve set objectives and could lead to losses, if finance is a factor. Therefore, it is important to contemplate about quality and ways to achieve it in decision-making, which is the focus of this paper. The purpose is to look into the needs of decision-making, including what one should do and what one should not do.

    Read More

  • Decision Making in Business

    1298 Words  | 3 Pages

    “Decision making is a process of first diverging to explore the possibilities and then converging on a solution(s). The Latin root of the word decision means "to cut off from all alternatives". This is what you should do when you decide.” (Kotelnikov, 2008). In fact, the decision making process helps reduce doubt and uncertainty about alternative choices to allow individual to choose the best reasonable choice. In addition, the decision making process can make the difference between a successful and an unsuccessful organization. Consequently, management tries to use the best techniques and tools possible to make the best decision. Nowadays, most organizations seem to think that they have the most effective and efficient decision making process. So what are the different styles of decision making processes have organizations implemented? In order to answer this question, the team members will investigate and observe the decision-making processes most prevalent in their organization. As a result, these papers will first compare and contrast the problem identification and formulation styles in the team members’ organizations. Then the most favorable aspects of each style will be discussed to describe a process by which a problem can be identified and described to stakeholders in a manner that is sensitive to their perspective.

    Read More

  • Importance of the Decision Making Concept:

    866 Words  | 2 Pages

    As previously mentioned, there are various decision making concepts that enable an individual to become a better decision maker in his/her daily life. One of these concepts that resonate with me as a decision maker is the WRAP model. WRAP model is a major concept because it enables a person to make his/her decisions through intentional illumination of strategic spots or points of consideration (Heath & Heath, 2013, p.24). In this case, the decision is not made on the basis of what ordinarily comes to a person’s attention but through examining hidden corners or facts. WRAP model basically involves widening options, reality-test of assumptions, attaining distance before deciding, and preparing to be wrong.

    Read More

More about Decision-Making Model Analysis Paper

Open Document