Decision Making For The Success Of The Organization

Decision-making in management is essential to the success of the organization. Decision-making in one s personal life is just as essential. In making decisions it is important for a person to be aware of different decision-making techniques, tools and approaches. In this paper I will explore two different tools of decision-making as applied to a decision that I need to make and I will also identify possible solutions to my decision. Lastly, I will compare the results of my two different techniques and explain which tool I feel will be more effective in making a decision. The two different decision making tools that I will review are the rational decision-making model and the Decision Tree tool. Rational Decision-Making A decision that I need to make is in regard to whether or not to allow my mother who has terminal cancer to continue to stay with me and receive care or, per her request, to allow her to go back home where her siblings and family are. I chose this particular model because different alternatives can be gathered through a network of resources that are currently in use and the decision is extremely important. In this particular process I will be considering the six steps of the rational decision making process as outlined by Bazerman, M., Moore, D. (2013). Through this process I will seek to maximize my outcome so that the best available care for my given situation can take place. Identify the Problem or Opportunity The first step that I need to follow inShow MoreRelatedNascar Case Study923 Words   |  4 PagesCase study on NASCAR 1. How do you think good decision making has contributed to the success of NASCAR? Ans. Almost every company wants success. To have a successful company, we need to know about the decision making process, and how, and when it works. 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