The "Rational" Decision-Making Model
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Recall the key steps in the "Rational" Decision-Making Model (McSane & VonGlinow, 2010, p. 199) as outlined in Ch.7 in Organizational Behavior: 1. Identify problem or opportunity 2. Choose the best decision style 3. Develop alternative solutions 4. Choose the best solution 5. Implement the selected alternative 6. Evaluate decision outcomes. Which of the six steps in this decision-making model could be eliminated if a decision had to be made quickly? Is this model more appropriate for individual or group decision making? What problems can be associated with this model? Explain your answers. (Chapter 7)
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Solution Summary
This 376 word discussion includes a solid text reference that ties all of the material together. It provides a solid foundation of study on the Rational Decision Making Model, and allows the student to understand its importance. It discusses identification of the problem, and evaluation through self examination.
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As we review the Decision-Making Model, it is important to understand two of the most important points about the Model. First, one must properly identify the problem. Albert Einstein, one of the most brilliant minds in history, eluded that if one hour was all the time one had to save the world 55 minutes of that hour should be used to understand and define the situation and five minutes would be ...
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