Research and Discuss the Basics of Decision Making - 550 Words

Research and Discuss the Basics of Decision Making (Essay Sample) Content: Basics of Decision-MakingName:Institution:Every day in our lives we are faced with diverse challenges, needs and problems; right from our homes, to and from the work place, at the work place and in the community. More often than not, we tend to ignore them putting on a veil of ignorance and hoping that things will work out by themselves. Only to realize later on, that we should have made the right decision to solve the problem impeccably. Lack of basic decision-making skills will only result in living a life whereby problems, needs and challenges will keep knocking on your door, as well as be part and parcel of your life day-in day-out. Using a gradually decision-making procedure can support one make more cautious, thoughtful resolutions by establishing appropriate information and outlining alternatives. This paper delves deeper to explore the basic phases involved in decision-makingDecision-making is a procedure that involves determining which option to take through distinguishing a decision, collecting information, as well as considering different resolutions BISK, 2017). If you find yourself in the middle of a road hunched against an unanticipated problem, challenge or need, and you recognize that you require making a decision. First Attempt to evidently delineate the kind of decision you need make. For instance, if you are a manager of an organization and you need to make a decision relating to the organization change. You first need to work in partnership with the other leaders in that organization to understand the kind of change that is needed, the significance of the change and its effects (Wilson, 2014). The next phase is to bring together several relevant information prior to decision-making, this is, what kind of information is required, the suitable sources of information, in addition to how to acquire it. This phase comprises of both internal and external track down of information, for the reason that to get tangible information you have to find it externally for instance, from acquaintances, in paperwork and even online. The third phase involves identification of options. In the course of gathering information, you may in all probability pinpoint several promising alternatives. You may correspondingly engage visualization and the added information to develop a concrete option. At this point youll probably have several options to choose from (Carnall, 1994).The fourth phase is to assess the evidence, this is, how each alternative will have an impact once its implemented; whether the need recognized in the first phase would be achieved or fixed through the implementation of each option. This phase is complex, but also significant in that, it avails one with the opportunity to understand how the choice made will have impact, hence mitigating any negative impacts in advance. Such as , for in the case of a company, the manager will be able to understand the option made, will impact on the staff and thus be able to address the concerns appropriately and on a timely manner. Through selecting only those that are of high priority, an individual will be able to rank the alternatives of the highest priority (Ullman, 2006). The fifth phase is to select among the ranked alternatives that seem to address the matter considerably. One can even combine two or more alternatives, if need be. The sixth phase is to commence the implementation of the alternative selected in the fifth phase in the most appropriate manner. For instance, at this phase if its an organization, you ought to involve all key stakeholders, to ensure long-term sustainability of the change. In this phase, also a manager can decide to do a feasibility study of the alternative made on a department, to experience its outcomes before fully implementing it in the organization...