DECISION MAKING Decision making is: Making choices from two or more alternatives. A process, that is the sole responsibility of the organisation’s top-management A process that looks always the same no matter who and when is making decision Peoples’ decision-making styles differ along two main dimensions: Individual’s personality & business environment An individual’s way of thinking & an individual’s tolerance to ambiguity Problem complexity & urgency The first step of decision-making process it: Identifying decision criteria Identifying a problem. Selecting an alternative. One of the most often problems of group decision-making is so called groupthink. Groupthink: Leads to a greater collective understanding of the eventual course of action chosen, since it is possible that many affected by the decision implementation actually had input into the decision. Is the tendency of the group to converge on more extreme solutions to a problem. Occurs when individuals in a group feel pressure to conform to what seems to be the dominant view in the group. An ethical decision is one where one chooses how to respond to a given situation based on: Expediency or efficiency. Values of good and bad. Viable alternatives that could resolve the problem.