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Rational model of decision making
Rational model of decision making
Conclusion on effective decision making
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In an effort to formulate the most appropriate decision making process it is important to examine the four different models available to the decision maker. Rational, bounded rationality, Intuitive and creative decision making are all effective paths toward achieving resolution and can be executed by different leadership styles. Looking at the problem facing the email blast procedure at Vail Health Foundation, rationality as a decision making model will garner the most effective results considering all the variables involved. To best examine the effectiveness of such a model it important to analyze the rational decision making approach.
Problem Solutions
Effective problem solving can occur as a result of several different approaches taken
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Leaders facing decision making with there is a small amount of pertinent criteria are wise to use bounded rationality decision making. In a situation such as this, the outcome is not a driving force and leaders are not willing or able to invest a great deal of time with regard to this method of decision making.
3.) Intuitive. Perhaps the most comfortable and familiar approach to leadership with regard to decision making is the intuitive model. Leaders draw on past experiences as a guide for what is and isn’t effective problem solving. Goals and outcome of such an issue aren’t a primary factor and have a tendency to be vague. Time is of the essence in a problem solving situation when choosing to apply the intuitive approach and lengthy criteria analysis is not an option.
4.) Creative. Using the creative approach to problem solving, leaders are more apt to explore alternative courses of action through the engagement in the problem itself. Clear paths to a solution do not present in such an approach and leaders experience a change of perspective with regard to solutions. Time is in abundance in this approach which is helpful in deep analysis and
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Time not being in abundance, the rational approach allows the opportunity to make a strong judgment call regarding the problem while not involving an additional amount of pertinent criteria or research. Following the steps below will ensure that the best alternative is chose when using the rational decision making approach:
1.)Identification of the issue. Vail Health Foundation has an issue with regard to its email blast process. Fifty high level donors were sent the email in error. Focusing on the issue at hand, it is evident the process is not thoroughly hashed out as such an error occurred.
2.)Identify the best decision making model. To identify the most appropriate approach to solving the issue facing Vail Health it is important to identify the factors surrounding the issue to include the time available, the importance of the desired outcome and the alternatives
Too many instances of leaders just agreeing with staff recommendations and taking a far too conservative approach in their decision making has affected many units because many times decisions and actions are approached way too late. This article shows that objectively assess the information presented and making an effective decision within a reasonable timeframe would increase the effectiveness of each decision.
The rational decision theory is a method for thoroughly selecting among possible choices that are built on reasoning and facts. With a decision, making process one may employ a series of logical steps to overview relevant facts, observations, and potential outcomes before choosing a specific course of action.
In order to address the above components, five decision making steps have to be put in place, these are; being attentive, being intelligent, being reasonable, being responsible, and being reflective. The first step, being attentive, involves evaluating the whole situation and coming up with the data and information about the problem at hand. In so doing the following questions are viewed; what facts to bear in mind, what direction to take so as to get the expected solution, and what is the main issue to work on. In the second step, being intelligent, the information is clearly studied to determine whether the collected data is revealing the correct details concerning the problem. Determine the stakeholde...
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) .
The first example that involves using the rational choice perspective is when Laura decides to move back home to El Paso with the children. She based her decision on her own personal goals and values. She feels as though she belongs to the community in El Paso and that is where her family is. She did not want her children to forget about the Mexican American heritage they are a part of. Laura’s goal in this decision is to make a better life for herself and her children.
Delegating leadership responsibilities to in-groups poses a challenge of building a strong structure with a clear understanding of procedure. On the other side, if the leader cuts followers out of the decision making process, the newly formed relationships will suffer. The Normative Decision Model offers a recommendation for the ways leaders “adjust their decision style depending on the degree to which the quality of the decision is important and the likelihood that employees will accept the decision (Nahavandi, 2015).” An easy first step for leaders is to understand how many people will be effected by the decision (Nahavandi, 2015). Does it only concern an individual or is the whole group going to be impacted? Using the decision tree on page 76 of Nahavandi’s The Art and Science of Leadership (2015), leaders can effectively identify the appropriate decision style needed. A leader must adopt an autocratic style when the quality of the decision is not significant, when employees disagree, and when the employees don’t see eye to eye with the organizations goals (Nahavandi, 2015). While a consultative style is necessary when the employees will hold the responsibility of implementation; especially when employees agree with the overall goals of the organization (Nahavandi, 2015). Finally, “group oriented decision style should be used when the leader does not have all the information, and
To make critically thought out and ethically sound decisions, you should evaluate, analyze, and then implement the solution.
Decision making is a task which needs utmost balance on the part of the leader. One sided decisions when team input is necessary or resources going into a lot of group decision making process when the decision itself is not so crucial can turn out to be big result influencing part of the outcomes of a leadership experience. Leadership demands a lot of adaptability where the style of leadership to be followed, a complete leader driven or group driven is to chosen based on the type of decision to be taken and the situation in which the decision is to be taken.
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 will be examined how the decision making process can be followed using various tools and techniques to make successful business decisions by using these same tools and techniques during a thinking critically business scenario. The paper will also discuss how different tools and techniques could have been used to make different, yet still successful decisions.
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.
In addition, (Amandi et al, 2004) makes us understand issues related to leadership decision and also gives a clear overview on leadership theories.
Rational in decision making is the method which means making the decisions according to the accurate reasons and facts. In the rational decision making process, the manager will come out a lot of analysis on those relevant facts and reasons before choosing the best ones of action. Through this rational in decision making, the manager can make the decision based on the correct information without following their intuition. There had some importance of rationality in decision making (Business Dictionary, 2017).
but we recognize it in action. This type of leadership involves microscopic perceptions and macroscopic expectations. Volumes have been written on the subject, which may in fact contribute to the difficulty in grasping the concept. One finds it confusing and sometimes conflicting information on this blended concept that involves the vagaries of strategy and the behavioral art of leadership. Sometimes the methods and models used to explain it are more complicated than the concept and practice of strategic leadership.
It doesn't matter if we're talking about developing a new strategy or an innovative way to stay ahead of the competition. Creative problem solving gives that competitive edge that any business is striving to achieve.
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.