About This Chapter
Decision Making Processes & Models - Chapter Summary
In this chapter, our professional instructors present decision-making processes and models for your front-line managers to review at their convenience. These self-paced lessons cover the development and types of decision making models, the processes used in decision making and the importance of creativity in decision making. Your team members can access this user-friendly chapter online via technology such as tablets, smartphones or computers for completely flexible study.
How It Helps
- Boosts confidence: With so many different decision making models to choose from in these lessons, your managers can feel confident choosing the right model for their specific circumstances.
- Eases training: Assign these mobile-friendly lessons to new hires or newly promoted managers to ensure they understand these key decision-making concepts.
- Focuses on managers: Because this chapter is directed to managers and the specific decision-making issues they face, they'll receive targeted, relevant material.
This chapter will help your front-line managers to:
- Point out the different types of decision-making models
- Outline the decision making process
- Discuss the classical and administrative decision making model
- Detail the purpose of the rational decision-making model in organizations
- Identify intuitive decision making in management and business
- Display knowledge of the paced and incremental models of decision making
- Emphasize the importance of creativity in decision making
1. Decision Making Models: Definition, Development & Types
In this lesson, you'll gain an understanding of when decisions need to be made and discover how to use different decision-making models and types. Both rational and intuitive decision-making models are discussed.
2. Decision Making: Process & Models
Have you noticed that some groups seem to work very well together when making decisions, and others seem unable to make decisions? This lesson discusses the process of making group decisions and various models associated with making decisions.
3. Classical Decision Making Model
Imagine living in a perfect world, where all information is readily available to you. Wouldn't making decisions in such a world become as easy as pie? The classic model of decision-making gives you a taste of how it would be.
4. The Rational Decision Making Model: Steps and Purpose in Organizations
Managers often rely on fact-based analytical decision making. Rational decision making can be very beneficial in the business world and differs from intuitive processes in several ways. Learn more about both decision-making tools, and find out which process provides the best solutions.
5. Intuitive Decision Making in Business and Management
Managers often rely on patterns and intuition to make quick decisions. Intuitive decision making can be very beneficial in the business world and differs from rational processes in several ways. Learn more about both decision-making tools and find out which process provides the best solutions.
6. Administrative Model of Decision Making
Do you always consider all possible alternatives before making a decision? Learn more about the concept of limited rationality and its consequences with the help of the administrative model of decision making.
7. Paced Decision Making Model
Would you like to start making more rational decisions? Discover the five steps behind the PACED decision-making model and learn to apply them in practice with the help of the PACED matrix.
8. The Incremental Model of Decision Making
Sometimes, the decision cannot be reached in one go. Instead, you make a step-by-step progress towards a solution. Explore the incremental model and its three phases of decision-making.
9. Creativity in Decision Making: Importance & Examples
Creativity can take many forms, including the way that decisions are made for business success. Understanding the process of making creative decisions - and implementing some steps to improve your creativity - can help you make better decisions.
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