
Explore the rational decision making model, its structure and strengths for complex decisions, and limitations from time, information, biases, and emotional factors; apply the seven-step process to real problems.
Explore the incremental non rational decision-making model, breaking decisions into small steps guided by past outcomes and stakeholder input to yield quick, flexible short-term solutions.
Compare rational and non rational decision making models and assess their strengths, weaknesses, and fit for various situations. Establish your action plan with the model you've identified for managers.
Explore the rational decision-making model and its benefits for managers solving organizational problems, including analyzing steps, risks, and resources to anticipate impacts on people, processes, and product.
Decision making is a vital part of your role as a manager.
What is decision making? Is it merely considering two or more courses of action and making a choice?
There are many factors that come into play and influences your final choice of action. As a manager, you have to take into consideration factors such as stakeholder views, alignment with organisational objectives, buy in from your team members...just to name a few.
Your ability to make good decisions affect the operations of your team and play a part in how successful the organization will be in its operations to realize its vision and mission.
In this course, we look at the role of managers in leading and making decisions to achieve organisational goals. We will also explore applying effective decision-making models in managerial functions.