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Models of decision-making may vary from one situation to another. Find out the different types of decision-making models.
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Decision-making models to fall back upon when you feel you are stuck Throughout the day, there are innumerable decisions that you must take for various reasons. It might be to take a project successfully to completion or motivate your team, and the reasons can be endless.
Since more and more organizations are assuming a much flatter organization structure these days, which eventually “decentralizes” the process of decision making. However, unlike earlier times, when the major decisions used to be taken by the top-level management, these days, you will find that employees, irrespective of their levels have the liberty to take a call, although, the call is after careful collaboration. As such, the decision-making model has changed over the years. Although, there are many types of decision-making models, here let us find out those models of decision-making that will bail you out when you are in a fix and a testing situation. So, what are these circumstances and how do you overcome them? Find out here. Decision-making models that work Find out the solutions you can turn to during times of crucial managerial decisions. 1. Rational decision-making model If it is a high-stake decision that you are about to make in agreement with other people, if there is a lot of emotions around the various opinions given by others, and most importantly if you have adequate time, you can do the following- •First, try to define the problem •What are the various criteria or factors that will help you to judge the solutions offered? •Find out the importance of each criterion or factor •Work out a list of alternatives
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