Decision Making Step - 1848 Words

Decision-Making Steps There are six steps typically associated with effective decision processes. These six steps in the Managerial Decision-Making Process are recognition of Decision Requirement, Diagnosis and Analysis of Causes, Development of Alternatives, Selection of Desired Alternative, Implementation of Chosen Alternative and Evaluation and Feedback.(Daft 1995) First steps in the decision-making steps are recognition of decision requirement. The ability to recognize what is known is usually very important in the decision making steps. Therefore, during making-decision managers need to recognition problems and opportunity. This is because decision making is the process of identifying problems and†¦show more content†¦(5) redesign the work area to make it more pleasant, and (6) dismiss or retrain those supervisors who are disliked by employees. Therefore, decision alternatives can be thought of as the tools for reducing the difference between the organization’s c urrent and desired performance. In the steps 4 , once the alternative have beeen developed, one must be selected. This might seem to be an obvious step after all, this is because managers have already determined what their best alternative is. However, this best alternative will be based on the amount of information available to the managers and by their imperfect judgement. In addition, the manager’s goal is to make the choice with the least amount of risk and uncertainty. Because some risk is inherent for most non-programmed decisions, managers try to gauge prospects for success. Under conditions of uncertainly, they may have to relt on their intution and experience to estimate whether a given course of action is likely to succeed. (Daft 1995) For example, let us assume our problem is the low performance of sales department. We might believe that performance of sales would be most conveniently increased if we dismissed the department supervisor. But our investigation discovers that the superv isors is extremely important forShow MoreRelatedSteps Of Decision Making Process1873 Words   |  8 PagesEXECUTIVE SUMARY 1. INTRODUCTION 2. FIVE STEPS OF DECISION-MAKING PROCESS Schiffman et al. (2011, pp. 460 - 481) maintain five steps of decision-making process which are: 1. Need recognition 2. Information search 3. Evaluation of alternative 4. Purchase decision 5. Post-purchase evaluation These five steps would be applied to describe the interviewee s decision-making process: 1. Need recognition The interviewee recognized his need when his old printer started to malfunction a lot . It is timeRead MoreSteps Of The Administrative Model Of Decision- Making857 Words   |  4 Pages There are five steps of the Administrative Model of Decision- Making. The initial steps of the model is to recognize and define the problem or issue. In this step the administrator recognizes and is aware of the potential difficulties of the problem. The administration defines the problem down in short and long term problem areas. Effective administrators are sensitive to organizational actions and attitudes that do not measure up to the prescribed standards. (pg.32) The recognition and definitionRead MoreJet Blue Decision Making Steps905 Words   |  4 Pages Neelemans key decision was to to setup a career JetBlue which embraced the Southwest model of low fares and customer friendly service and a high quality product like all economy-class ,stylish perks such as leather seats, DirectTV and assigned seats.He belives that business really needed some fresh thinking and fresh ideas.It depicts his idea of launching JetBlue and making it a customer oriented, high quality airline that st ands out from other airlines. 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The third step is analysis, this means thatRead More Decision-Making Model Analysis Essay example804 Words   |  4 PagesDecision-Making Model Analysis Decisions! Decisions! Decisions! How do you make decisions? Have you ever asked yourself, â€Å"How did I make that decision?† Whether big or small, important or not so important, decision making is a process. Some people way the pros and cons while others may just flip a coin. Are decisions based on feelings, outcomes or information? Often times if we just go with our gut feeling will be miss out on important information that should be included in our decision.