Rational Decision Making Model Essay - 1605 Words

Rational Decision Making Model Abstract What is a decision? The word decision can be defined as, â€Å"the act of reaching a conclusion or making up ones mind† (American Heritage, 2000). Essentially, a decision is a choice that an individual or a group of people makes. A decision can be a single action, an entire process, or even just a single spoken word or gesture. Decision-making is one of the defining characteristics of leadership. Making decisions is what managers and leaders are paid to do, and is an integral part of their day’s duties. The affects of decisions can range from minor in consequence to life or career threatening. Regardless of the consequences, it is important to understand when a decision needs to be made and the†¦show more content†¦3). Essentially, the Rational Model requires people to have a clear understanding of the actual problem. Unless the issue is clearly established, the Rational Model can be ineffective. This model also incorporates extensive research, so that all opti ons or alternatives can be brought before the decision-maker(s). The Rational Model is a step-by-step decision-making model. Depending on the source of definition for the Rational Model, it consists of anywhere from four to nine steps that must be taken to reach a comprehensive, educated and effective solution. Basically, the Rational Model can be broken down into four basic steps, which can be further diluted to create the additional three to five steps. Step 1 – Define the Problem The first step of the Rational Model is to define the problem. As stated in the definition, in order for the Rational Model to be effective, the problem or issue needs to be clearly understood. It is imperative to truly understand to source of a problem, not just the symptoms. The MBA program at the University of Houston Victoria provides this example, â€Å"if a member of your staff is impolite to a client on the phone, the problem may not be that your staff member is impolite--it may be that he needs customer service training, or that he is having difficulty coping with the stress that his professional responsibilities involve† (2005). Essentially, the virus needs to be treated, not the cough it causes. Step 2 – GenerateShow MoreRelatedRational Decision Making Model1679 Words   |  7 PagesAbstract What is a decision? The word decision can be defined as, the act of reaching a conclusion or making up ones mind (American Heritage, 2000). Essentially, a decision is a choice that an individual or a group of people makes. A decision can be a single action, an entire process, or even just a single spoken word or gesture. Decision-making is one of the defining characteristics of leadership. Making decisions is what managers and leaders are paid to do, and is an integral part of theirRead MoreThe Rational Decision Making Model1066 Words   |  5 Pageswe do the most. All of these things, both small and large require a process that is commonly referred to as the decision making process. Decisions make up every aspect of our daily lives that is remotely imaginable. One of the most common decision making model is called the, rational decision making model. The first step in the model is to construe the problem or the actual decision to be made. Then, you will identify the information needed for the process to go forth. After that, you will weighRead MoreRational Model Of Decision Making1287 Words   |  6 Pagescompany and will be understood by every employee. The first step within the rational model of decision making is to identify the problem or opportunity at hand. This can be anywhere from customer compliments to turnover of staff or mergers that can take place to hiring a new top executive. This stage is all about making improvements and diagnosing them in the proper way. The second step within the rational model of decision making it to think up alternative solutions. This can be either obvious or creativeRead MoreRational Model Of Decision Making1036 Words   |  5 Pagesand/or how would you apply these to your workplace? Tools for decision making is interesting topic to me. I used probability theory some time using actual values. Often everyone use the probability concept based on the previous experience and knowledge. This the first time came across decision making software. I searched internet about decision making software. Those program leads the user through the steps of the formal decision making process. These days I am looking for Laboratory Management SoftwareRead MoreThe Rational Decision Making Model766 Words   |  4 PagesMost of us have to make decisions from the time we wake up until the time we go to bed at night. Answering questions like what should I eat for breakfast, can I make that yellow light and should I go to the gym or go out for pizza all require us to make a choice or a decision (Robbins, S.P., Judge, T.A., 2009). At work I am challenged with collaborating with managers and other leaders to make decisions based on scenarios and events that occur in the hospital. The challenge when workingRead MoreThe Rational Decision Making Model Essay1796 Words   |  8 Pagesrecommendations of the report. The rational decision making model is utilized to make the best decision possible. â€Å"The rational decision making model is the best-known prescriptive model; the model involves several sequential steps: identifying the problem, determining the goals and objectives, identifying and evaluating alternative policies, choosing from the alternatives, recommending actions, implementation, and evaluation (Smith, 2014).† The use of this model is justified as it provides structureRead MoreDecision Making : The Rational Planning Model969 Words   |  4 PagesThe process of decision-making, and the models used during this process, has long been a focus in the field of Urban Planning. Part of this focus has been a discussion regarding which decision-making model is best suited for this profession. One often employed but highly controversial model for decision-making found in this field is the rational planning model. This model, which was first adopted by planners in the 1950’s and 1960’s, focuses on addressing the problems of cities and their inhabitantsRead MoreRational Decision Making Model Of An Intuitive Model941 Words   |  4 PagesI would use rational decision-making model to assist Catherine in her decision-making. First of all, because a rational decision model provides structure and discipline to the decision making process. In contrast an intuitive model is basically making decisions based on feelings. Catherine cannot afford to make a decision just based on feeling because at this stage in her life, she wants to make a decision that is going to be logical and based on facts. Therefore, Catherine will have full and perfectRead MoreThe Rational Model of Policy Decision Making2813 Words   |  12 PagesLefoko O. Molebatsi (2001) --------------------------------------------------------------------------------------------------------------------Public Policy and Policy Analysis: The Rational Model Question: The rational model of public p olicy making, though heavily criticized, is the most widely used and or talked about model. Discuss why. By Lefoko O. Molebatsi (University of Botswana) Instructor: Prof G. S Maipose 2001 1 Selected Essays by Lefoko O. Molebatsi (2001) -----------------------------Read MoreThe Rational Model of Policy Decision Making2827 Words   |  12 PagesLefoko O. Molebatsi (2001) --------------------------------------------------------------------------------------------------------------------Public Policy and Policy Analysis: The Rational Model Question: The rational model of public policy making, though heavily criticized, is the most widely used and or talked about model. Discuss why. By Lefoko O. Molebatsi (University of Botswana) Instructor: Prof G. S Maipose 2001 1 Selected Essays by Lefoko O. Molebatsi (2001) -------------------------