Friday, May 4, 2012

Week 8: Decision making processes



Decision making is a daily activity for any human being. There is no exception about that. When it comes to business organizations, decision making is a habit and a process as well. Effective and successful decisions make profit to the company and unsuccessful ones make losses. Therefore, corporate decision making process is the most critical process in any organization. In the decision making process, we choose one course of action from a few possible alternatives. In the process of decision making, we may use many tools, techniques, and perceptions. In addition, we may make our own private decision or may prefer a collective decision. Usually, decision-making is hard. Majority of corporate decisions involve some level of dissatisfaction or conflict with another party.
Who makes the decision? Below is a chart on the participatory rate of employees in decision making.



Participation in decision making (PDM) brings great attitudinal effects such as job satisfaction, job involvement and organisational commitment as well as brings positive effects to enhance the use of info and greater employee understanding of decision and organisation.

In lecture for this week, we had a fun time playing a game with marshmallows and spaghetti sticks. The goal was to build the tallest standing tower with those main material accompanied by few other materials such as tape, string and a scissors. This activity requires team work and leadership skills, thus, ultimately to test our decision making and leadership skills. For my team, I would say that we spent too much time in planning on the stability of the base and ended up with a strong base but short in tower. Our team leader lead by starting with an idea, then as the momentum keeps up, the leader listened to everyone’s ideas on enhancing the tower structure. The final decision was made by the team leader and agrees by the others. 

No comments:

Post a Comment