Rational Decision Making Model Essay -- Decisions Rationality Essays

Rational finis Making stick AbstractWhat is a ratiocination? The word conclusiveness give notice be defined as, the act of reaching a conclusion or fashioning up ones mind (American Heritage, 2000). Essenti exclusivelyy, a decision is a choice that an item-by-item or a group of people makes. A decision can be a single action, an entire process, or even vertical a single spoken word or gesture. Decision-making is one of the be characteristics of leadership. Making decisions is what managers and leaders be paid to do, and is an integral part of their twenty-four hour periods duties. The affects of decisions can range from minor in consequence to vivification or career threatening. Regardless of the consequences, it is important to understand when a decision needs to be made and the best way to make it. This radical impart focus on the Rational pattern for decision-making. The first partitioning will describe the Rational stumper for decision-making. It will identify al l the steps of the Rational Model and what they entail. The second section will circumstance a recent job-related issue I was involved with. I will discuss the issue and show how the Rational Model of decision-making was effectively utilise to reach a decision.Decision Making Model The Rational ModelA decision is a solution chosen from among alternatives. Decisions must be made when a person is faced with a bother or an issue that needs resolution. Decision-making is the process of selecting a course of action (ideas or alternatives) that will solve a problem and resolve any issues. Decision-making models contribute people with a method for making decisions. There are numerous decision-making methods people utilize today. Some are meant to be all encompassing, meat they can be utilized in many different environments. Others are specific to issues or industries, such as technology, psychology, and mathematics. Regardless of the problem, there is usually a decision-making proce ss that is best suited for any situation, and it is up to us to find it. The Rational ModelDefinitionAccording to the School of development Sciences and Technology at Penn State University, the Rational Model of decision-making, requires comprehensive problem definition, an exhaustive lookup for alternatives, and thorough data collection and analysis. According to this model, knowledge exchange and communication are unbiased, and accurate decision alternativ... ...ch a decision. wiz of these models is the Rational Model. The benefit of utilizing the Rational Model to reach a decision is that it is easier to justify and defend a decision, due to the complexity and the thoroughness of the processes involved. The Rational Model is useful for developing a strong business case for why a specific course of action should be considered anytime a major(ip) business, or even personal decision must be made.ReferencesAmerican Heritage Dictionary of the English Language, The (4th ed.). (200 0). Houghton Mifflin. Retrieved June 26, 2005 from the World Wide sack http//dictionary.reference.com/search?q=decisionPenn State Univ., School of Information Sciences and Technology. (2003, February 21). Information Processing and Decision Making. Retrieved June 26, 2005 from the World Wide Web http//solutions.ist.psu.edu/rd/projects/110_2003/courses/110/content/ 02_05_01.htmlUniversity of Houston Victoria, The. (2005, June). Problem Solving. master key of Business Administration New Student Orientation. Retrieved June 26, 2005 from the World Wide Web http//www.uhv.edu/bus/new/orientation/creative.htm