Developing Effective Decision Models Essay examples

Week 2 Page 1 Decision Models – Problem Categorization LDSP: 6720 – Developing Effective Decision Models June 14, 2010 Week 2 Page 2 There are a number of different problem solving methods, techniques and styles, and the purpose of this paper is to explore some of those differences. One can apply a systematic approach to problem solving, an emotional approach or an intuitive or ‘gut feel’ approach. Further, there are procedures and formulas to follow or, one can just pontificate the variables and use a philosophical slant which involves perspectives such as â€Å"In order to fully understand the answer, one must more fully understand the question† (Chinese proverb, author unknown).†¦show more content†¦It is this writers’ contention that satisfying solutions are similar to a compromise, in which ones primary needs are met but perhaps the secondary or peripheral wants are not fully realized. In contrast, a win-win may be that collaborative solution in which the needs and wants Week 2 Page 3 of both parties are fully attained. This approach has been proposed by a number of researchers; however the Thomas-Kilmann (1974) assessment seems to be the most prevalent. A win-win (or collaborative) tactic may require a thought process that engages extra or additional criteria, characteristics, options, behaviors or variables that were not originally included in the problem. It is similar to enlarging the pie (Fisher, Ury Patton, 1991), instead of just cutting the pie up given the existing size. In adding to the pie, the problem solver and participants enjoy the luxury of an expanded set of resources, ideas or possible solutions heretofore not available. The best analogy this author has come upon is the concept of two circles that intersect with about ten percent of each circle overlapping the other. Each party has their ninety percent to themselves, but their other ten percent overlaps the other party, which in essence gives them twenty percent. Hence, the one hundred percent pie can become a one hundred and ten percent pie, giving each side an additional ten percent.Show MoreRelatedDeveloping Effective Decision Models1692 Words   |  7 PagesWee k 6 Page 1 Decision Models – Problem Analysis LDSP: 6720 – Developing Effective Decision Models July12, 2010 Week 2 Page 2 There are a number of different problem solving methods, techniques and styles, and the purpose of this paper is to review the analysis portion as it relates to the case study assigned to this week. Further, this paper will provide a critique to the solution of the case study problem which will include three distinctRead MoreDecision Making : An Essential Skill Of A Productive And Successful Manager1089 Words   |  5 PagesDecision-making is an essential skill of a productive and successful manager as it has direct impact on the organization and team. Decision-making is the process of ‘selecting an alternative from among choices that are accessible.’ There are three main models of decision-making, these include rational, intuition and bounded rationality model. These provide an effective option of dealing with decision-making, and also helps to build support for the final decision and active commitment to that decisionsRead MoreInformation Decision Making1339 Words   |  6 PagesCMI LEVEL 5 DIPLOMA IN MANAGEMENT LEADERSHIP (5D1) Assignment 5 Unit 5006 C5009 Project development and control Unit 5002 Information based decision making Andor Kovacs CMI no: 4205133 Assignment 5_Submission1 AEA group Assignment Requirements 5002.....................................................................................4 Learning Outcome 1: Be able to identify and select sources of data and information .....................................................................Read MoreDecision Making Model882 Words   |  4 PagesRUNNING HEAD: DECISION MAKING MODEL Decision Making Model MGT 350 University of Phoenix Abstract Decision making models can be very effective in problem solving. Scheduling is a big problem at Direct HomeHealth Care and a solution needed to be found. Scheduling software which can be very expensive was the only conclusion that could be reached. With much thought and analysis a resolution was reached with critical thought and a decision making model from the Small Business DevelopmentRead More Decision Making Model Essay854 Words   |  4 PagesDecision Making Model Abstract   Ã‚  Ã‚  Ã‚  Ã‚  Decision making models can be very effective in problem solving. Scheduling is a big problem at Direct HomeHealth Care and a solution needed to be found. Scheduling software which can be very expensive was the only conclusion that could be reached. With much thought and analysis a resolution was reached with critical thought and a decision making model from the Small Business Development Center. Decision making models can be very helpful in analyzingRead MoreReporting Studying senior social science subjects was the most influential factor which provided a1600 Words   |  7 Pagesaptitude and expectations of stability and contentment of studying and working in psychology that had led me to such a determined decision. Relating Previously when I was exploring my abilities and career opportunities, I have made an important decision for my career which was to exclude music from my possible career options. There were two main reasons for the decision: (1) my musical talent, skills and abilities did not reach the expectations set by myself and others to pursue music as a professionRead MoreThe Leadership Journey Of Ronda Harlan1535 Words   |  7 Pagesprogram helped Ronda to evaluate human behavior within organizations to understand ethical practices, effective leadership, organizational communication, and cogent decision-making principles. 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Research on OST programs offers a wealth of information on associated program benefits but relatively little to say about how to make use of these findings to engage youth or improve quality. Very little is known about the costs or cost-to-benefit ratio of following different program models or activities, or the time