Decision-Making Paper Essay Example | Topics and Well Written Essays - 1250 words

Decision-Making Paper - Essay Example317). Decisions made by groups are usually hamstrung by the need to reach a consensus. Consensus calls for parties to a tidings to have the same comprehension of the terms under discussion. The procedure for building a consensus involves discussion, fronting a project, testing for the consensus in terms of no and yes, modification of the proposal in question, and determination if the consensus is achieved or blocked (Herera, Martinez and Sanchez, 2005, p. 118).There are five processes of last making. These processes are acknowledgement of the existence of a situation that needs decision making, identifying and establishing alternative solutions to the problem or opportunity, evaluation on the available options or alternatives, choice of an alternative, and implementing the selected option (Amadi-Echendu, 2012, 115).The main standards of making decisions are the rational model, the intuitive model, the conclave model, and satisfying model. The rational decision making model is an approach to decision making in a structured and sequential form. It incorporates a series of move such as the identification of problem or opportunity, gathering information, analysis of the situations to develop and evaluate options, selection of an alternative, and acting on the decision chosen. It is an ideal model since it provides a discipline channel of making decision. However, this model is quit time consuming as it involves investigation of the existing problems or opportunity before the channel of action is made (Amadi-Echendu, 2012, p. 117).On the other hand, the intuitive decision making model is found on an individual making a decision based on instincts or inner knowing or intuitions. This technique is ideal in situations that require prompt/ timely decision making. The combination technique encompasses the internalisation of both the rational and intuitive approaches to making a decision. As for satisfying method, it