Question

What are the strengths and weaknesses of group versus individual decision making? (Give an original answer and explain with much detail).

Answer 1

Decision Making as an individual:

Strengths:

• Does not involve a group or even more than one person
• Decision-making is quick and less time consuming
• Cost-effective
• It does not require gathering others and scheduling a meeting or multiple meetings or sending a single email
• Individuals have a tendency to think and question before performing, which is fruitful in analysis

Weaknesses:

• An individual uses his own intuition and views
• Less Information is available
• An individual will not take into consideration every member's interest

Decision Making as a Group:

Strengths:

• As many people involved, more suggestions available
• A group has the potential to collect more complete information
• A group has many members, so its many views and many approaches result in better decision-making.
• A group discovers the hidden talent and core competency of employees of an organization
• A group will take into account the interest of all members of an organization.

Weaknesses:

• A group is dominated by various people
• Decision-making is very time-consuming. Moreover, assembling group members consumes lots of time.
• Criticism may take counter
• In a group decision, it is not easy to hold any one person accountable for a wrong decision.
• Group decision-making involves a lot of time, money and energy