approaches to decision making

Topics: Decision making, Decision theory, Optimal decision Pages: 2 (624 words) Published: September 28, 2013
Approaches to Decision Making
Managers of different organizations have a lot of decisions to make with some of them really important and some not as important, but any type of decision making can be very difficult. When it comes to decision making it cannot be ignored and must be addressed. Because of the different obstacles that are faced on a daily basis, decisions require more of a thought process to decide what kind of direction is the best interest of the business. For example; a group of nursing home administrators, including an infection control officer, have been noticing an increase of infection at the nursing home. High infection rates can result in serious complications for patients and can also cause fines for the nursing home. With this being a very large problem, the nursing home administrators and the infection control officer need to get together to discuss how to address the issue and how they can come up with a solution to solve the high numbers of infection.

To begin finding a way to address the issue, the team must first identify the problem. Unfortunately, there is more than one type of infections and so it is important for the team to look for what type of infection is plaguing the facility and how it can be treated. It might be important to bring more people in on the team to help get the problem taken care of quicker. A decision making approach that the team can use to help make decision for the problem with infection is the concept of bounded rationality (Robbins, DeCenzo, & Coulter, p.65, 2011). This is when managers make decisions rationally, but is limited by their ability to process information. When using this approach it shows that the decisions are the result of intelligent deliberation. A manager or team of managers may also use the role of intuition decision making. This is when they will make a decision based on experience, feelings, and accumulated judgment (Robbins, DeCenzo, & Coulter, p. 66, 2011). If the...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Approaches to Decision Making Paper
  • Essay on Approaches to Decision-Making
  • Decision Making and Contemporary Approaches Essay
  • Decision Making Essay
  • Decision Making Essay
  • Judgment and Decision Making Essay
  • Decision Making Essay
  • Decision Making Essay

Become a StudyMode Member

Sign Up - It's Free
Saving Mr. Wu (Jie jiu Wu xian sheng) 2015 | Creed 2: Defendiendo | A Color Story APK Cracked