...DECISION MAKING PROCESS The decision making process is a sequence of certain steps which are discussed below. Before the decision making begins, it is important to specify objectives. If objectives are set, then only we start with problem identification and weighing alternatives available. A standard decision making process comprises of six steps but it is not mandatory that all steps are repeated for every decision in the organization. This process is usually followed for non programmed decisions because they are new, have environmental impact and a unique solution is to be found with lot of research. For programmed decisions, this exercise is simple because programmed decisions are routine decisions and framework within which decision is...
Words: 1516 - Pages: 7
...Decision-Making Process Debra Burton MGT 230 March 3, 2014 Dave Ball Abstract Individual makes decisions every day. Many do it without even realize they are using the decision-making process steps. There are six steps in the decision-making process that will help the individual to come up with the best choice on the decision that has to be made. In this paper, the decision-making process will be discussed along with an example of a personal experience using the six steps of the decision-making process. When deciding to go to college to further an education many areas have to be considered and researched before determining what is the best decision. Decision-Making Process Individuals make decisions every day in their personal life or professional career, sometimes they are easy to make while others are complicated. The decision-making process may become challenging due to “the lack of structure and entail risk, uncertainty, and conflict” (Bateman & Snell, 2011, p. 86). A well organized decision-making process will help the individual make decisions and have a better result on the decision made. This paper will discuss the decision-making process along with a personal experience that shows how the six steps of the decision-making process were used. The text described six steps in the decision-making process that may be used when making any decision either professional or personally. The first step in the...
Words: 694 - Pages: 3
...Decision Making Process Melinda Buford MGT/230 March 2, 2015 Robert Engle Decision Making Process Making major decisions, whether in life or on the job, requires time and thinking in order to make the best decision for all involved. Six stages have been developed in order to make the decision process easier and more organized. When wanting to move to from one state to the next, this decision making process can be used to be sure all points have been covered and researched. These six stages to decision making are: identifying and diagnosing the problem, generating alternative solutions, evaluating alternatives, making the choice, implementing the decision, and evaluating the decision. Identifying and Diagnosing the Problem The first stage of the decision making process is identifying and diagnosing the problem. The problem is the desire to move from Mississippi to Texas. Mississippi has been my home for the last 33 years and my son has asked me and my two daughters to move to Texas with him while he attends college there. Careful thought has to be made in order for this decision to be implemented. The decision has to be made within a four month time period in order to prepare for it. Generating Alternative Solutions The second stage of the decision making process is generating alternative solutions. Three solutions are present in this case. One solution is to not move at all but to stay in Mississippi. This solution would be the most cost efficient...
Words: 738 - Pages: 3
...Decision-Making Process Paper People make decisions in their everyday lives. Some decisions are easy to make, while implementing others is quite difficult. An appropriately organized and controlled decision-making process will help with these issues and bring positive outcomes for all involved. The decision-making process may become challenging for people due to “the lack of structure and entail risk, uncertainty, and conflict”(Bateman and Snell,2012, p.86). These challenges can be avoided by using an appropriate model for solving important personal and professional decisions. Bateman and Snell identified six stages of the decision-making process that can be used to solve any problems or decisions. The first step is to identify and diagnose the problem. The problem that existed for me was that I really wanted to go back to school after being medically retired from the United States Army. I had been in the Army since 2005 and really did not know much else outside the military. My first step was to move to Georgia with my family and then look at the colleges around the area. Step two in the decision-making process is to generate alternative solutions. At this point in my life I really didn’t know what interested me and what degree program seemed to fit my personality. I would go on to look at all the schools in the area and which degree programs they offered. I would then look at the times of day they offered classes to figure out which school would work for...
Words: 703 - Pages: 3
...Decision-Making Process Making the decision to stay apart of the United States Air Force in the active component was extremely daunting. The reenlist or separate clock started to countdown on 27 November 2010. A decision was required 120 days out, so a deadline was set for 14 May 2011. The Process Following the six steps of the decision-making process, I made a career changing choice. The six stages of the process, as outlined by Bateman and Snell (2011) are “identify and diagnose the problem, generate alternative solutions, evaluate alternatives, make the choice, implement the decision and evaluate the decision” (p. 89). An emphasis on time management played a major factor in the decision to reenlist also. Identify Problem Exiting the military with no educational achievements created uncertainty on obtaining a quality job with respectable wages and benefits. Enrolling into school as a 27-year-old freshman was also very intimidating. Maintaining the current lifestyle seemed nearly impossible. These situations presented cons of exiting the military on 27 November 2011. The problem was discharging from the military was not what I wanted but transferring from McGuire was. After numerous requests for a transfer over an eight-year period and constant rejections, it seemed hopeless. The only option appeared to be a discharge. It created the feeling...
Words: 721 - Pages: 3
...Decisions are made from the moment we wake to the moment we sleep. Some are small and require little to no thought while others can be stressing and require a process to aid in making the decisions. There are six steps to the decision making process. Each step will complement the next and prepare the person to make an educated discoing without being too hasty. The six steps are as follows: • Identify and diagnose the problem/issue. • Generate alternative solutions. • Evaluate alternative solutions. • Make a choice of solution. • Put the choice into action by implementing it. • Monitor or evaluate the decision after its implementation. About ten years ago, I had to make a professional and personal decision. It did not matter the choice, the other would be affected. I worked on the road and was only home maybe 30 days out of the year. This applied so much stress to my family with kids growing, my wife taking care of everything and me living in motel to motel across the country (the problem). I was a regional supervisor of a dominate railroad construction outfit and was based in the southern part of the country from east to west. One day, my wife told me she was breaking down and the children missed their father. They was living a very good life with plenty of money, new everything, always going to parks and other attractions. But something yet lacked, their dad. I began to make a list of Pros and Cons of quitting my job and going home. The list contained...
Words: 555 - Pages: 3
...Decision-Making Process Paper Management 230 August 8, 2012 Decision-Making Process Paper Decision-making is always be a part of our life every single day, all of our actions are based on the decision we made today or the decisions that we made in the past are determine who we are today. In this paper I will discuss the steps in my process of decision-making when I moved back to Houston, Texas, from Great Lakes, Illinois, after my military service. The process of decision-making will be matched to the process attained in textbook from this class. My result could have a dissimilar outcome by using the steps in the textbook. After I got out from the Navy, I was having problem in finding work in Great Lakes, Illinois, because I have no bachelor degree. I started planning a choice to travel back to my parents’ house in Houston, Texas after searching for full time work. The option to move was a massive choice to make. I need to stay with my parents again to save some money from rent because I will go back to school full time and work at the same time. From this idea I created a lists of pros and cons of creating the move. I began creating a budget to ascertain if the move was possible financially. The pros outweigh the cons and that I begin golf stroke my call into motion. Once a number of months of designing my move were complete. My higher cognitive process was almost like what the textbook offered. Within the textbook the primary step is to identify the problem (Bateman...
Words: 647 - Pages: 3
...1 Running head: Decision-Making Process Week One Melissa Schaefer MGT/230 December 10, 2013 Alex Luna 2 One of the greatest challenges I faced in my life was purchasing a home. The most challenging part was to find a home in a new county and do it within 6 months. I had immense pressure to make a quick decision on one of the most important purchases of my life. At the time I had many uncertainties, and I had no time for lack of structure. “ Uncertainty the state that exists when decisions makers have insufficient information” (Bateman & Snell, 2011, p. 87). I decided to write a check- off list of things I needed to do in order to accomplish my decision to purchase a home in a desired city in a short period of time. The first step was to move in with family in order to pay off all debt and rise my credit score from 630 to high 700’s range, this ensured I would be ready for the second step. The second step was to find a reputable loan officer that specializes in veteran loans and find-out how much home I could afford. I felt I was taking a big risk in trusting any loan officer,” they are part of the problem in today’s poor economy” ( M. Schaefer, personal communication, December...
Words: 420 - Pages: 2
...Decision Making Process There are six stages to decision making process, each stage helps decide what would be the best decision to make for the problem at hand. The first stage is identifying and diagnosing the problem in this stage the problem is recognized and that it must be solved. The next stage is to generate alternative solutions to salve the problem there are two types of alternatives ready-made solutions is using an idea that has been tried before or use the advice of another that has had the same problem. Then there is the custom-made solution this is a solution that is designed for the problem at hand. Stage three of the decision making process is to evaluate the alternatives to decide which would be the best solution for the problem. In the fourth stage is where a choice is on which solution to use. In stage five it is time to implement the decision to see if it will work, then stage six is to evaluate the decision to see if it is working like it should. Collect all information and fix things that are not working. When I made the decision to buy my home 12 years ago I had to decide what would be best for me. Do I continue renting or do I buy and have something to show for all that money. I had to weigh the pros and cons of owning my own home. The good outweighed the bad, the idea of owning a home was pleasing to me because there are things that can be done to something you own then with renting. I had to identify what I wanted to do and then I diagnosed with...
Words: 378 - Pages: 2
...Decision-Making Process Paper Management Theory and Practice Decision-Making Process Paper In March of 2007, the home we were renting burned to the ground. Everything was gone. While my husband and I were happy that no one was home at the time it happened, we all of a sudden were faced with a dilemma – what now? Instead of looking at our dilemma as a problem, we saw “an opportunity that needs to be exploited.” (Bateman & Snell, 2009) In other words, we saw an opportunity to start with a clean slate. We recovered as much as we could, and bought other material things we needed for our daily way of life. My husband’s boss (whom we are very close to), offered for us to stay with him. During this time, we began pondering and planning our next steps. After living there for a year, we saved up enough money for a down payment to purchase a home of our own. After looking around and observing the real estate market, we finally made the decision to buy. However, we didn’t want a brand new home. We wanted a house that we can tear apart and rebuild, to make our own. As we went from property to property, we evaluated alternatives (of how to remodel), and made decisions on whether we were interested or not. After a while, we had to implement our plan, and increase the price for which we would be buying the property. Unfortunately, our previous price range only covered areas that were not very pleasing to us. Not long after, we started finding properties in much more appealing...
Words: 453 - Pages: 2
...Decision Making Process The decision making process for a manager can be quite difficult. There are many times throughout a manager’s career where vital decisions must be made, and a solid plan of action is necessary to carry out the objectives those decisions have set in motion. The example which I have chosen to share involves important decisions made for the business that I own and operate with my wife. The business that my wife and I own provided products and services for pets and their owners. When we first started our business we had a diverse line of hand-made pet products from dog and cat treats, custom pet beds, pet toys, and other pet products. The services that we offered ranged from all levels of dog training to pet sitting, etc. The division of responsibility set my wife as the sole service and product provider while I was responsible for all accounting, marketing, advertising, and production assistance. After the first year of conducting business, the service side of the business was steady during certain parts of the year, and we were beginning to see more interest in our product line. Although we were seeing growth, the problems of time management, and production costs became more apparent. Many products of ours were very time consuming and the raw materials needed were expensive. The services provided gave us revenue with low cost for materials, but the service demand was inconsistent and managing production became difficult. At this point I began questioning...
Words: 690 - Pages: 3
...The Decision Making Process MGT / 230 January 20, 2013 Stewart Binder Abstract Managers have to make decisions every day whether or not they are simple or complex to achieve the goals they have set for themselves. These decisions managers take are to achieve goals that they have set for themselves or the company. Decision making can be very challenging because there are many factors involved. “Most managerial decisions lack structure and entail risk, uncertainty, and conflict” (Bateman, Snell (2011). These factors cause managers not to take action or ignore problems that are occurring. Managers can create efficient solutions for problems by following the decision making process. “The model decision making process has six stages that the decision should follow, which include (1) identify and diagnose the problem, (2) generate alternate solutions (3) evaluate alternatives, (4) make the choice, (5) implement decision, and (6) evaluate the decision” Bateman, Snell (2011). Everyone has had to have made decisions in their lives whether or not they were simple or complex. People may have even used the decision making process without even knowing what it was. I have used the decision making process without knowing what it was when I decided to attend University of Phoenix. I read about the decision making process and realized I had followed the model in some way or another. The Decision Making Process Most people set goals for themselves. Goals are...
Words: 1477 - Pages: 6
...Decision-Making Process XXXXXXXXX MGT/230 XXXXX XXXXXXXX Decision-Making Process Decision-making plays a key role in life regardless of the situation. People make decisions, simple to complex daily. Before any decision can be carried out there are steps to consider that will make the process of making a decision simple. In my lifetime there have been times when I had to make important decisions that affect my family. Every decision was thought out thoroughly, planned, analyzed and put into action. The most recent decision involved moving my family 20 miles away from my home town, in Columbia. Deciding to move was a problem and an opportunity at the same time but I chose to focus on looking at it as an opportunity. The first step of my process was looking at this as an opportunity instead of a problem. By defining this as an opportunity, I could focus on what good this change will do for my family instead of the hassle and work required to make the move possible. I began asking family and friends questions about the best areas to move my family. This process helps me collect as much information about various areas and the process of buying a home. After a year of planning and researching, I made the decision to buy a new home in the Northeast area. Although the plan did not go smoothly, I did buy my dream house and despite a seven-day delay in closing I was very happy with my decision. Making a decision regardless of the situation involves a step by step process...
Words: 560 - Pages: 3
...Decision-Making Process Paper Every person is constantly faced with making decisions throughout their daily lives. Whether a person follows a thorough process to make decisions assists in determining the success of the outcome. Some decisions are minor, for example, what to have for dinner. Others are more complex like deciding to change jobs or purchase a home. While the seriousness of the end result varies, the decision-making process is just as in important in both cases. Facing a lease that was soon to expire, and owners that wanted to increase the monthly rate if a new lease were to be signed, it was time to make some decisions. Having lived in this house for five years, my family and I had made it our home, and the thought of having to leave weighed heavily on us all. Our first step was deciding if this home was worth the increased rate, or would we be better off financially by moving. We sat down and brainstormed pros and cons of staying in the house or leaving. This ranged from the cost of staying, the cost of moving, the needs the home met, the needs that it did not, and the availability of another possible house for our family. Once we evaluated the situation, and the availability of alternative housing, we decided to search for something that was in our budget and that possibly met more of our needs than what we currently had. It was not an easy decision, as the children would not live near all the friends they had become so close to, and we would have to endure...
Words: 637 - Pages: 3
...Decision-Making Process Cheri Combs MGT 230 April 30, 2012 Jonathan Graff Decision-Making Process There was a time in my life when I had to make a decision on whether to remain a renter or purchase a home. Decisions such as these require a process, not necessarily every step that was outlined in our test, but a process none the less. I could not just go into this life changing decision without first deciding if there was a problem with my current situation, doing research, shopping, consulting, investigating, and finalizing the decision. My first step of deciding if there was a problem with my current situation is similar to the first step in the decision making process outlined in our text, “Identifying and Diagnosing the Problem” Bateman, T. S., & Snell, S. A. (2011). I needed to decide if renting was benefitting my current situation. It had been fine for me in the past as I was a single person with no responsibilities to anyone other than myself. In that situation, renting was the perfect option for me as I did not have to worry about property maintenance, home repairs, property taxes, or location. After a few years my situation had changed as I had married and was planning on starting a family. I now had to change my way of thinking that would incorporate other people into my living situation. My second step was, again, similar to the second step defined in our text, “Evaluating Alternatives” Bateman, T. S., & Snell, S. A. (2011). I now needed to decide...
Words: 664 - Pages: 3
