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❶Establishing guidelines for your intuitions would help in this regard.

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The Most Important Decision of My Life

We were advised that in order to remain profitable, we had to decrease our expenses and streamline all of our processes. The remaining employees did just that and now a year later, we have rehired all of our staffs and added additional members to our organization.

I question, why we could not streamline our processes and still retain the knowledgeable staff we had in place? It is very difficult to exist in a downsizing effort since work requirements increase while headcount does not.

When I stop to consider that I probably do not have a clear picture of how ACN looked financially a year ago, I know that I cannot critical evaluate the situation in order to understand their position and reasoning. Perhaps this understanding in and of itself is critical thinking. Nominal Group Technique The nominal group technique strongly encourages and harbors participation by everyone in the group selected to tackle a particular issue or problem. No one or two individuals dominate this decision-making process.

In addition, this technique works well with large groups as well as smaller groups and really focuses on the issues at hard without the concern of having too many issues on the table for consideration.

In order for this technique to be successful, there are key steps that must be followed as stated in the article, "What Needs May Be" by Kim, Siegenthaler and Kevin Riley.

The first step is selecting the participants. If there will be many participants, individuals are to be separated into smaller groups. All participants are given paper and pencil for writing down their concerns. The second step is for the participants to brainstorm individually. The participants are given a single question to address regarding the subject of the meeting. The group is asked to write down their thoughts in short answer without sharing them with the group.

The third step is for someone to act as the recorder to jot down the ideas as they are read aloud in a round-robin. In order to encourage teamwork, participants sit facing each other in a circle. Each participant reads aloud one of their concerns and the recorder writes down their issue on a large piece of paper for all in the room to see. The fourth step is to assign a letter grade to each concern and duplicates are removed. Once all participants have read aloud their concerns, the items are ranked according to importance, 5 being the most important and 1 the least.

The fifth step starts discussions on the items and during this process, the items go through another ranking to finalize those issues of highest importance. This process eliminates concerns of little importance and highlights the issues that truly demand the attention of the group. The sixth and final step is to discuss in detail the remaining items without the intrusion of invalid issues clouding the judgment of the group members.

This process alleviates the chance of someone not having a say in the decision-making and brainstorming process. The NGT technique opens the door for creativity and problem resolution without fear of criticism and in my opinion, encourages teamwork and team-building.

Conclusion Throughout this essay paper, the benefits of critical thinking, decision-making and the nominal group technique have been discussed with supporting documentation. The above proves that evaluating a situation, sometimes in a group environment, without hastily making decisions proves to provide more insight, creativity and team-building opportunities that lead to a stronger and single-minded successful organization. You can order a custom essay on Decision Making now!

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The reasoning behind your choices has to be checked carefully in such instances. Another suggestion for decision-makers is do not opt for a decision that will solve am immediate problem at the expense of a bigger one.

While taking a decision, do not tend to think only of decisions that serve a single goal and in the process, forgetting about other goals and the fact that you may be subverting them. Try to analyze and frequently predict how long -will it take for a certain work to be completed.

It will enable you to factor more realistic time predictions into the decision-making process in the future. In your enthusiasm of presenting yourself as swift person, never shave days, weeks, or months off an accurate prediction.

Some people rely heavily on intuition while taking a decision and even ignore the reasoned advice. Such intuitive judgments are often good source of decisions than is logical analysis, but can also be much less reliable. It has to be kept in mind that your intuition would not always hit the nail on its head, but logical analysis can always do it. So, it would be best to combine the two.

Establishing guidelines for your intuitions would help in this regard. Next, examine if there is any hidden factor behind your motivation or intuition that you would not like to admit.

Misinformation, misperceptions, and biases on the part of the decision-maker are among the causes of bad. So, fight the urge to ignore the facts. If you find yourself not even wanting to be bothered by all of the facts before arriving at a decision, probably you are jumping into regrettable decisions at the expense of reasoning.

It would be always advisable to spend some time asking for facts and examining them before deciding. Find out who are the people who will suffer consequences in case the decision turns out to be bad. If it is others, then it is good enough reason to rethink your intuition based decision.

Another important reason that causes people to make bad decisions is a lack of confidence in themselves and in their decision-making ability. It is natural that an ambivalent or cognitive conflict arises when we start to decide about something.

Hence, it would be advisable to check the effectiveness of your decisions. One way of doing it is by pretending that you are giving advice to someone else who is making the decision. Since every decision involves a risk, it is necessary to minimize it by trying to make sure the information on which you are basing it on is good informatics n. Make sure whatever specific information you have makes sense.

Do not take anything for granted or think it to be accurate without checking it out yourself. While explaining your decision to a patient listener, if you experience a lot of discomfort, probably you are less sure of your decision. Feeling fairly comfortable about your decision is an indicator of your faith in the decision. In fact, to err is human. So, do not be afraid to make mistakes. They teach you much more than success does.

What is important, however, is to learn from the mistakes of the past and not to mindlessly repeat them. Preserve Articles is home of thousands of articles published and preserved by users like you.


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Essay on Decision Making Words 13 Pages Decision making can be described as a process of making a decision or decisions, based on choices made amongst two or .

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In concluding the decision making process is one that helps people make real life decisions in real life situations. Some people use different methods to help them figure out which decision is best for them.

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Unlike most editing & proofreading services, we edit for everything: grammar, spelling, punctuation, idea flow, sentence structure, & more. Get started now! Another suggestion for decision-makers is do not opt for a decision that will solve am immediate problem at the expense of a bigger one. While taking a decision, do not tend to think only of decisions that serve a single goal and in the process, forgetting about other goals and the fact that you may be subverting them.

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Decision Making Model Analysis Essay Decision Making Model Analysis Decision - making and critical thinking have a distinct relationship, it is a relationship where one is used as a support tool for the other. Decision-making is a very important part of everyone's lives. These are examples of very important decisions that are made every day. What is the importance of good decision making ill tell you making decisions has an effect on more than just you, a decision can affect you for the rest of your life, and intuition decision making can cause problems.3/5(5).