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Improving Decision Making with Theories

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Please see attached for the case study for review.

What problems in team decision making likely caused the committee to select for the award the worst applicant on their list?

What would you recommend to future committees so they avoid the problems identified in this case?

Discuss what happened in this case using concepts and theories on individual decision making.

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https://brainmass.com/business/business-policy-and-implementation/502580

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In this paper, we will discuss the case study, which deals with the evaluation of performance of individual to give the award to the outstanding faculty. We will also explain about the problem faced by committee members in the selection of deserving candidate followed by the solution to the problem and application of individual decision making theories in case study.

Introduction

This case study depicts the decision taken by the college committee for giving the reward to the outstanding faculty on the basis of various parameters. In this case study, committee has conducted three meetings to arrive at a decision for selecting suitable faculty of the year. In the first meeting, committee decided to receive nominations from various faculty and students. This meeting was not successful because the faculty and members selected their own colleagues. In the second meeting, the committee had decided to scrutinize the applicants by judging subjectively and arrived to the decision, to choose the best faculty on the basis of outstanding performance.

In the last meeting, the clashes started between different perceptions of members of the committee. After a long discussion, committee decided to select the faculty on five point rating scale. The outcome of the result will be on the basis of individual rating.

Problem

The committee ...

Solution Summary

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See Also This Related BrainMass Solution

Business Research for Optimal Decision Making

Think about a recent business decision you have made that was either a success or a failure. Your supervisor asked you to email him/her a self-evaluation of this decision as part of your yearly evaluation. You are to be as objective and open minded as possible. Analyze your decision using Bazerman's six steps as a guide: define the problem, identify the criteria, weigh the criteria, generate alternatives, rate each alternative on each criterion, compute the optimal decision. Make sure your email addresses the following issues:

Were there any discrepancies between the calculated "optimal" decision and your actual (or favored) decision? If so, what might account for the discrepancies?

What problems, if any, did you encounter when completing the steps? (For example, were you able to compute an optimal decision? If not, why not?)

Are there any weaknesses in the "fully rational" model of decision-making? If so, what are they?

Source:

Bazerman, M. H. (2006). Judgment in Managerial Decision Making (6th ed.). New York: Wiley.

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