Decision Making Model Essay - 949 Words

Decision-Making Model essay Whether we realize it or not, decision-making is a part of our daily lives. Everyday we have to make decisions. Some of those decisions are minor and some of them are life changing. Some of the decision we make, sometimes, are pretty obvious. We decide to get up, get of bed, with the assumption that the floor will be there. Personally, I begin to think of what I need to accomplish that day and what would happen if I did not tend to certain things. These thoughts make me uncomfortable when I find no alternative course of action other than getting up and doing what needs to be done. In the end, I get up, get dressed and begin to tend to the things I consider important. By this time, I have already engaged in†¦show more content†¦My husband, being the C.E.O., and I, being the president, decided to take everything in and look over all the different ideas that were given to us. We had to look at each idea and present a scenario for each idea and, in th is manner, we narrowed it down to a few ideas that would be suitable to fit our situation. This is when the third step came in. We had to choose the best solution, and we did. We decided that the best way to increase out listenership was to market our station to more people. We, then, executed the fourth step, which is implementing the solution. We contacted different media sources and decided to make ourselves more visible. Everyone worked hard at getting our radio station in different playlists and different websites. We then were entering the fifth step: evaluation the success of the chosen solution. This process was the longest and made us very nervous. How would we know that all our efforts would pay off? Only time and numbers could tell now. We watched the stations numbers daily. We made comparison charts and decided after six months that it was time for a meeting. At the meeting, we assessed the results that we had in front of us and one of the final steps of rationalization was in place; it was time to modify the decision. Looking at numbers and problem areas, we narrowed down our solutions even more and decided toShow MoreRelated Decision-Making Models Essay982 Words   |  4 PagesDecision-Making Models Negotiations and decisions are a part of everyday business. In order to make a successful decision, it is necessary to understand how to make rational and sound decisions. Decisions that are rash, made on snap judgments, and past experiences can prove detrimental to a business. A deficit in basic thinking and decision making is felt at all levels of an organization (Gary, 1997). 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Most of us dont spend much time deciding what to have for lunch, what to wear, or whatRead MoreEssay on Decision-Making Model Analysis878 Words   |  4 PagesDecision-Making Model Analysis When one is thinking, he or she must think critically. Thinking critically means to think intelligently and thoroughly about the decision to be made. One must gather his or her thoughts with clarity, precision, accuracy, relevance, consistency, completeness, and/or fairness. With those particulars in mind during the thought process; an accurate answer and/or the most excellent decision will undoubtedly be made. The purpose of this paper is to find a decision-makingRead More Rational Decision Making Model Essay1605 Words   |  7 PagesRational Decision Making Model Abstract What is a decision? The word decision can be defined as, â€Å"the act of reaching a conclusion or making up ones mind† (American Heritage, 2000). Essentially, a decision is a choice that an individual or a group of people makes. A decision can be a single action, an entire process, or even just a single spoken word or gesture. Decision-making is one of the defining characteristics of leadership. Making decisions is what managers and leaders are paid toRead MoreDecision Making Models Essay example483 Words   |  2 Pages Rational Decision-Making Model Most individuals are faced with situations that necessitate excellent decision-making abilities. Determining the suitable course of action to take when faced with a difficult dilemma can be a challenge. Due to the importance of the decision-making process, decision-making models can be used to establish a systematic means of developing effective decision making. One of the models has been called the quot;rational modelquot; of decision making (Stoner amp; FreemanRead 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.