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Decision Making Model

In: Business and Management

Submitted By tracky99
Words 380
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What [is] your experience with the decision-making model?
As people, we make decisions daily from what to wear to what to eat. Decision making will forever be a part of our day-to-day activity. However, as we all know the decision making process is frequently difficult and very complex. Personally, my experience with the decision- making model in the business world has been very broad from taking sale orders to deciding terminations.

Currently, one of my job responsibilities as a manager of seven afterschool programs is to allocate funds. The characteristic that I find myself falling into under decision making model is that of non-programmed decisions. My job requires that I make “decisions that do not have established routines or procedures” (Gomez-Mejia & Balkin, 2002) to follow. For example, my job requires that I predict the amount of funds that will be paid out for payroll each month but because of the many factors that go into paying our staff. I can never give definite outcomes, rather only estimates. This lack of concrete information creates an unstable foundation upon which to base my decisions. Thus they tend to be viewed as (or deemed) uncertain.

Making decisions in groups is another area of the decision making model with which I can identify with. Decision making in groups is stated to have its pros and cons. One of the pro’s is it allows for a greater diversity of ideas and opinion. Group decision making also can enhances decision acceptance as more are involved with creating the decision. One con of group decision making is the threat of some individuals becoming dominant and others avoiding meaningful critical evaluation of the solution in order to keep harmony. In my current experience, group decision making has been a great aspect to our organization. Once a week we have a “meeting of the minds” where we brainstorm and dialogue on...

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