A major advantage of group decision making is that more information is brought to bear identifying and evaluating alternatives. The more diverse the group's composition, the more likely it is that creative ideas will be forthcoming.
Advantages
1. Diversity: Varied cultures, age groups, gender, etc all add to the diversity of group which gives us varied perspectives and enhances the kind of ideas the group can come up with.
2. Varied experiences: There are difference in fields of experience and amount of experience and there differences in the life experiences and the kind of experiences people have had even with the same problem. This pool of experience can be a great advantage.
3. Enhanced memory for facts: An individual may forget a particular piece of information, but as there are a number of people involved here, there is the combined memory of all members to recollect data.
4. Greater Acceptability of decisions: As everyone has made some contribution to the decision, people tend to be more accepting of the decision. Also those who may not have contributed still support it as "the group" has come to this decision.
5. Error detection: When there are many people working together, mistakes and errors that may have accidentally gone unnoticed and had serious consequences are spotted by other team members.
6. collective understanding: The members together come to a decision after much deliberation and discussions and so everyone has a better understanding of the course of action to be followed.
7. Less influence of bias: Individual biases can be challenged and individuals may have to recognize and eliminate them.
8. more creative solutions: With so many people involved, more creative and innovative solutions to problems may emerge than an individual may have been able to develop.
9. shared responsibility: There are a number of people involved, so no one person has to shoulder the burden of work or of single-handedly making a decision.
10. motivational effect: The group decision making may even have a motivational effect on the team if the team is a successful one.
11. simplifies complex decisions: Many complex decisions can be made by the group decision making process which an individual may not have been able to tackle.
12. More information and knowledge are available
13. More alternatives are likely to be generated
14. More acceptance of the final decisions is likely
15. Enhanced communication of decision making may result
16. Better decision generally emerge
There are a number of advantages of authoritarian leadership. Some of them include decision making is faster, there is flow of work process, offers close oversight and total control among others.
There are three major approaches to strategic decision making in business. The first is intuition, or making decisions on a hunch or with your 'gut'. The second is a small group process, where 3-4 people combine to hash out a decision. The last approach is through analytics. That is the process of letting data and research dictate a choice.
There are a number of steps involved in decision making process. Some of the key steps include gathering relevant information, analysis and evaluation of the information gathered and comparing the various options available before making a decision.
by working hard to get better money and to get some where in life
A. Closed decision making system:If the manager operates in a known environment then it is a closed decision making system. The conditions of the closed decision making system are:(a) The manager has a known set of decision alternatives and knows their outcomes fully in terms of value, if implemented.(b) The manager has a model, a method or a rule whereby the decision alternatives can be generated, tested, and ranked.(c) The manager can choose one of them, based on some goal or objective.A few examples are:a product mix problem,an examination system to declare pass or fail, oran acceptance of the fixed deposits.B. Open decision making system:If the manager operates in an environment not known to him, then the decision making system is termed as an open decision making system. The conditions of this system are:(a) The manager does not know all the decision alternatives.(b) The outcome of the decision is also not known fully. The knowledge of the outcome may be a probabilistic one.(c) No method, rule or model is available to study and finalize one decision among the set of decision alternatives.(d) It is difficult to decide an objective or a goal and, therefore, the manager resorts to that decision, where his aspirations or desires are met best.Deciding on the possible product diversification lines, the pricing of a new product, and the plant location, are some decision making situations which fall in the category of the open decision making systems. by prerna
discuss some strengths and weaknesses of group decision-making
Loose decision making
Do you do dysfunctional decision making or someone else? Either way it sounds like you could benefit from contacting CWIIL GROUP and receive some information and aid on management skills, decision making skills, decision making process etc. Get their contacts by visiting their websites. That would be a smart decision ;)
Anyone who holds some level of power in group decision-making but is not accountable directly to the group itself.
There are a number of advantages of authoritarian leadership. Some of them include decision making is faster, there is flow of work process, offers close oversight and total control among others.
Some advantages of a tribal system include a strong sense of community and support network, clear social hierarchy and roles, efficient decision-making processes, and preservation of cultural traditions and values.
There are some advantages of having sole proprietorship for a business, such as, control over decision making, being your own boss, less tax payments and the whole experience is typically less formal.
There are three major approaches to strategic decision making in business. The first is intuition, or making decisions on a hunch or with your 'gut'. The second is a small group process, where 3-4 people combine to hash out a decision. The last approach is through analytics. That is the process of letting data and research dictate a choice.
Robert Morris Smith has written: 'Some aspects of decision-making in a group of six primary schools'
CU is not responsible for decision making, It is only responsible for how fast the computation is performed. For decision making need logical operations and for that we've some software program which perform logical operations which does decision making.
some people feel comforming to group norms results in a loss of personal identity and independent decision making
help you determine the oppotunit cost of your decision.