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Decision making factors

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The CEO read your small groups strategic plan and is very impressed with your suggestions and the speed with which your group developed the plan. He would like more groups within the organization to be as effective and efficient as your group was with this project. In order for other members of management to benefit from your group's experience you are to create an article for the corporate management newsletter that addresses the following questions:

1-What type of decision making process did your group use to arrive at a consensus decision?

2-In what ways is the group decision making process different from the individual decision making process?

3-Did your group avoid or reduce group biases or errors? If yes, how? If no, why not or what happened?

4-What are the implications of social influence for individuals and organizations?

References and citations are to be provided.

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The response addresses the queries posted in 626 Words, APA References

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The response addresses the queries posted in 745 words with references.

//Before explaining various decision making factors, we have to write about the decision making and its importance in the organization as well as our daily life. This will help us to understand the various aspects of decision making. //

Decision making is an important function of any organization. It can be considered as a consequence of cognitive process, resulting in the selection of a course of action among various options available. Every decision making action makes an ultimate choice. The output can be an activity or a belief. An organization should fully analyze an alternative decision before implementing it. Human performance in decision making conditions has been a matter of dynamic search from various perspectives. There should be variability and creativity in decision making (Harris, 1998).

//Above, we have explained what decision making and its importance is. Now, as per the direction, we will talk about the effective decision making process. Instead of discussing about the decision making process for a particular groups and its extent of reflection according to the various factors of groups, we will focus on the detailed process of the decision making in a general sense. I am just giving an overview so that you can ...

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  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
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