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Decision Making Styles
Rating: 5.0 out of 5(1 rating)
85 students

Decision Making Styles

Right kind of decisions can make or break a situation.
Created byManagement Study Guide
Last updated 4/2019
English
English [Auto],

What you'll learn

  • Explain What is meant by a Decision
  • Explain What is meant by Decision Making
  • Define Decision Making
  • Describe the Importance of Decision Making
  • Explain Steps of Personal Decision Making Process
  • List Pros and Cons of Individual Decision Making
  • Explain Organizational Decision Making Process
  • Explain the Individual Decision Making Styles
  • Explain the Group Decision Making Styles
  • Explain Role of OODA Loop in Decision Making

Course content

1 section • 11 lectures • 43m total length

  • Introduction4:20

    Explore decision making styles, from individual to group, and the role of the OODA loop. Learn how emotions shape choices and apply sound reasoning to prevent project delays.

  • Explain What is meant by a Decision1:00

    Define a decision as a course of action chosen from alternatives to achieve objectives. Sustain activities and goals, recognizing the decision making process is continuous and essential at management levels.

  • Explain What is meant by Decision Making0:48

    Explain what is meant by decision making and how rational choices drive management. Learn how decisions, consciously or subconsciously, shape organizational activities and require resolving conflicting needs.

  • Define Decision Making0:34

    Define decision making by presenting definitions, from Oxford Advanced Learner's Dictionary to group decisions, and describe selecting a course of action from two or more alternatives to solve a problem.

  • Describe the Importance of Decision Making1:45

    Explore how decision making operates as a consultative, ongoing process guided by professionals to align goals, missions, and vision, while balancing domains and enabling middle-level autonomy.

  • Explain Steps of Personal Decision Making Process0:49

    Explore ten steps in the personal decision making process. Start with curious observation, identify the problem, set goals and plan, gather evidence, take action, and evaluate alternatives.

  • List Pros and Cons of Individual Decision Making1:58

    Explore the pros of individual decision making, including prompt decisions, focused reasoning, and accountability, while noting that group decision making gathers more information at the cost of time and energy.

  • Explain Organizational Decision Making Process2:49

    The organizational decision making process defines problems, gathers data, weighs options, and plans and executes the best solution, covering programmed and non programmed decisions and individual and group styles.

  • Explain the Individual Decision Making Styles12:58

    Explore the spectrum of individual decision making styles, from rational and evidence-based to emotion-driven, intuitive, information-driven, and mandate or consensus approaches.

  • Explain the Group Decision Making Styles8:44

    Explore how autocratic, democratic, and group decision making styles shape outcomes, from quick decisive moves to inclusive consensus, with Henry King's vendor choice illustrating intuition meets logic.

  • Explain Role of OODA Loop in Decision Making7:16

    Explore how the OODA loop—observe, orient, decide, act—drives agile decision making through continuous feedback. See how it informs quick decisions across styles in the Coral Matheson case.

Requirements

  • No prior knowledge is required

Description

A decision can be defined as a course of action purposely chosen from a set of alternatives to achieve personal, organizational, or managerial objectives or goals. Decision making process is continuous and an indispensable component of managing any organization or business activities. Decisions are made to sustain the activities of all business activities and organizational functioning. Decisions are made at every level of management to ensure organizational or business goals are achieved.


Further, the decisions make up one of core functional values that every organization adopts and implements to ensure optimum growth and drivability in terms of services and/or products offered. As such, decision making process can be further exemplified in the backdrop of the following definitions.


Decision-making is an integral part of modern management. Essentially, rational or sound decision making is taken as a primary function of management.  Every manager takes hundreds and hundreds of decisions subconsciously or consciously making it as the key component in the role of a manager. Decisions play important roles as they determine both organizational and managerial activities.


Any decisions taken at any level have to take into account the conflicting needs of the individuals who are affected by the decisions and hence conflict resolution is a part of the decision making process. ‘Decision Making’ process is a consultative affair done by professionals to drive better functioning of any organization. Thereby, it is a continuous and dynamic activity that pervades all other activities pertaining to the organization. Since it is an ongoing activity, decision making process plays vital importance in the functioning of an organization. Since intellectual minds are involved in the process of decision making, it requires solid scientific knowledge coupled with skills and experience in addition to mental maturity.

Who this course is for:

  • Employees
  • Managers and supervisors
  • Management Personnel

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