About This Chapter
Organizational Decision Making - Chapter Summary
This engaging chapter covers organizational decision making for your review. Our lessons cover different models and laws that govern the organizational process. You can take your time as you review these topics and go back and re-watch any of the videos that you'd like. If you want to check out just one part of a video lesson, use the video tabs feature in the Timeline. We've provided short quizzes after each lesson to ensure you've understood what you've learned and you're ready to move on to other topics. After completing this chapter, you should be able to:
- Outline the decision-making process for organizations
- Describe the iron law of oligarchies in organizations
- Detail the purpose of the rational decision-making model
- Explain the garbage can model of decision making
- Define incremental analysis
- Discuss the role of quantitative analysis in business decision making
1. The Decision Making Process for Organizations
We will be discussing the formal decision making process for managers. The process will show you how to look at a problem and use a series of steps to address that problem. It is a key element of managerial decision making and one that is very practical for the business environment.
2. Robert Michels & The Iron Law of Oligarchies in Organizations
Robert Michels paints a very interesting picture through the Iron Law of Oligarchies. This law explains the ideal that some employees can rise out of a democratic public organization to become leaders and main spokespeople for their establishment.
3. 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.
4. The Garbage Can Model of Decision Making
Organizations can be messy! The garbage can model explains the decision-making process in organizations with changing preferences, poor processes and high staff turnover.
5. Incremental Analysis: Definition & Examples
Companies often have to make decisions based on vast amounts of data. Incremental analysis allows them to focus on the important information only. In this lesson, we'll learn how to use incremental analysis.
6. Quantitative Analysis in Business Decision Making
Business leaders must make important decisions every day, and quantitative data can help them. In this lesson, we'll look at how to use quantitative analysis in business decision making, with specific examples from different divisions of the company.
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Other chapters within the Business 323: Organizational Theory course
- Introduction to Organizational Theory
- History of Organizational Theory & Master Theorists
- Types of Organizational Structures
- Power in Organizations
- Managing Conflict in Organizations
- Understanding Leadership in Organizations
- Types of Organizational Communication
- Managing Organizational Environments
- Organizational Performance & Recognizing the Need for Change
- Required Assignment for Business 323
- Studying for Business 323