I don't accept own storytelling, please in answer in professional way.
Decision making is a process which can be influenced by personal preference and experience the individual has had in the past and therefore, instead of relying on hard facts and data, some managers tend to make decisions by using their own personal experience and therefore, tend to not analyze the situation properly and end up making a bad decision. We can also attribute bad decision making to:
EMOTIONAL TAGGING
Emotional tagging in the process by which the factor of our emotional state attaches itself to our memories, thoughts, and experiences, causing us to not make use of rationality and rather using emotions as means of driving the decision-making process.
CORPORATE POLITICS
Some managers indulge too much into corporate politics, allowing their decisions to be driven by their political motivation and therefore make flawed decisions.
INCOMPLETE DATA OR LACK OF PURPOSE
Both incomplete data, as well as the lack of scope or purpose to the decisions, can cause a lapse in judgment and cause a manger to make flawed decisions.
LACK OF FAITH IN ONE'S OWN ABILITIES OR THE ABILITY OF THEIR EMPLOYEES
Sometimes a manager may not think themselves to lead or their workforce capable to handle situations and make compromised decisions.
2. In order to improve my decision-making process and skills, I would:
FOCUS ON DATA AND LIMITING CHOICES
With fewer decision variables and focus on the present data, we can increase our ability to make efficient decisions.
COST BENEFIT
We can perform a cost-benefit analysis of all the possible ways we can go about a decision making process in order to make the best possible use of the process of having information and trial and error.
FOCUS ON END RESULT AND LONG TERM.BENEFITS
Focusing too much on the immediate implications of a decision can hinder our ability to make better decisions as well as limit our factors of perception.
TAKING ADVICE FROM OTHERS AND BEING INFORMED
As a manager, we need both technical and objective skills in order to make. decisions but we also need to be well informed about the current processes being undertaken, about the competition and other factors to include them in the decision making process.
Why do capable managers sometimes make bad decisions? What could you do to improve your decision-making...
Model Complexity of decision making why capable managers can make bad decision and how to improve the decision making? support with examples
When managers make decisions they follow the decision-making steps as presented in this chapter? Which steps are apt to be overlooked or given inadequate attention? What can people do to make sure they do a more thorough job? (NOTE - - - This discussion question is about the 6-step decision-making process, and whether or not you think managers generally follow that process when they make decisions. And if not, which steps do you think might get overlooked or given less...
“Because managers have so many powerful decision-making tools, they should be able to make more rational decisions.” Do you agree or disagree with this statement? Why? What are some of the decision-making tools that managers have?
1. Which model of decision making are you most comfortable with and why? 2.How is your decision making process different as you make decisions in a group setting versus alone? 3.How could you apply your knowledge pertaining to decision models to your work or to other decision making activities?
what joint decisions do marketing managers have to make with the R&D , Finance and Operations/Production Managers? Why? By the way, it's not only the Marketing Managers job to understand this team oriented approach
what joint decisions do marketing managers have to make with the R&D , Finance and Operations/Production Managers? Why? By the way, it's not only the Marketing Managers job to understand this team oriented approach
a) Do you think intuition is respected as a decision-making style? Do you think it should be? Why or why not? b) Do you prefer to make decisions in a group or alone? What are the main reasons for your preference?
Do you think intuition is respected as a decision-making style? Do you think it should be? Why or why not? Share an example of anchoring. Do you prefer to make decisions in a group or alone? What are the main reasons for your preference?
1) Research why teenagers are not fully capable of always making rational decision. What areas of the brain are still developing that limits their decision making abilities, etc? 2) There are several psychological disorders we see become more prevalent in adolescence, including depression and eating disorders. do some research to discover - What is the difference between anorexia and bulimia (do your research as it is probably not what you think)? What are some possible causal factors for eating disorders?...
How might the different expectancies of two people about what constitutes performing at a high level affect those situations where these two people are put on the same team? In future, you will complete some team-based activities. How can you communicate expectancies for strong team performance? I don't accept own storytelling please in answer in professional way.