About This Chapter
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Students will review:
This chapter helps students review the concepts in an individual decision making in organizations unit of a standard organizational behavior course. Topics covered include:
- The rational decision making model
- Bounded rationality
- Intuitive decision making
- Decision making styles
- Common biases and judgement errors in decision making
1. 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.
2. Bounded Rationality and Decision Making in Organizations
Managers have to make either intuitive or rational decisions every day. However, the rational decision-making process is not always an option. The bounded rationality model was developed to explain making rational choices under time constraints and other pressures.
3. 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.
4. The Vroom-Yetton Leader Participation Model: Rethinking Business Decision Making
Leaders in an organizational environment have to make decisions daily. The Vroom-Yetton-Jago Normative Decision Model helps explain when and how to have employees participate in decision making.
5. Decision Making Styles: Directive, Analytical, Conceptual and Behavioral
Every leader prefers a different way to contemplate a decision. The four styles of decision making are directive, analytical, conceptual and behavioral. Each style is a different method of weighing alternatives and examining solutions.
6. Common Biases and Judgment Errors in Decision Making
In order for companies to be successful they have to be able to learn from their mistakes. One way they can do that is to identify biases and errors that might occur during decision making.
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Other chapters within the Organizational Behavior: Help and Review course
- The Evolution of Organizational Behavior: Help and Review
- Management and Organizational Behavior: Help and Review
- Foundations of Individual Behavior: Help and Review
- Personality and Behavior in Organizations: Help and Review
- Emotions and Moods in the Workplace: Help and Review
- Emotions & Moods in Organizations
- Attitudes and Values in the Workplace: Help and Review
- Ethics in the Workplace: Help and Review
- Perception and Attribution: Help and Review
- Learning in the Workplace: Help and Review
- Employee Motivation: Help and Review
- Workforce Diversity: Help and Review
- Organizational Communication in Business: Help and Review
- Groups and Work Teams: Help and Review
- Group Decision Making: Help and Review
- Conflict in the Workplace: Help and Review
- Leadership in Organizational Behavior: Help and Review
- Leadership Theory in Organizational Behavior: Help and Review
- Leadership Styles in Organizational Behavior: Help and Review
- Organizational Structure and Design: Help and Review
- Job Design: Help and Review
- Organizational Culture: Help and Review
- Organizational Change and Organizational Behavior: Help and Review
- Managing Workplace Stress: Help and Review
- Career Management: Help and Review
- Theories of Leadership
- Leadership Styles
- Individual Behavior in Organizations
- Global Implications of Organizational Behavior: Help and Review