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Group Decision Making

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GROUP DECISION MAKING
INTRODUCTION
No organisation can survive without effective decision making. Decision making is an essential part of every function of management. According to Peter. F. Drucker, “whatever a manager does, he does through decision making.” The most outstanding quality of a successful manager is his ability to make sound and effective decision. Decision making is a proper blend of thinking, deciding and action.
DEFINITION
Decision making is a process of selection from a set of alternative course of action which is thought to fulfil the objectives of the decision problem more satisfactorily than other.
Managerial decision making process involves establishing of goals, defining tasks, searching for alternatives and developing plans in order to find the best answer to the decision problem.
ESSENTIAL ELEMENTS
The essential elements in a decision making process include the following; 1) The decision maker 2) The decision problem 3) The environment in which the decision to be made 4) The objectives of the decision maker 5) The alternative courses of action 6) The outcomes expected from various alternatives 7) The final choice of alternative
STEPS IN DECISION MAKING
The steps in decision making process are: 1) Diagnosing and defining the problem 2) Analysing the problem 3) Collecting the data 4) Developing the alternatives 5) Selecting the best alternative 6) Putting the decision into practise 7) Follow up
DECISION MAKING BY GROUP
Cooperative decision making is a process by which a group attempts to develop a composite organisation mind. Even if all are not present at the time of final choice, each has had a definite part and role in the process. Thus organisation may be viewed as an interrelationship of decision centres.
ADVANTAGES AND DISADVANTAGES OF GROUP DECISION MAKING
There are

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