Decision Making Models Of A Model Essay - 1551 Words

Decision making models come in countless arrangements and complexities. In gathering examples of existing models, I understood the significance of personalizing a model to my own preferences and use. A tailored decision model creates an opportunity to provide a distinct structure that promises greater success in using it on a daily basis for myriad types of decisions, both small and large. The model I configured comprises six stages in the process. I chose to begin my model with the task of recognizing the problem or opportunity. Next, it is time to think about the problem or opportunity and to answer a few questions about the information at hand, what other questions I need to ask, and how am I framing the problem or opportunity. Once this information is gathered, then I move on to the plan. In this phase, I need to confirm the timeframe for the decision, short-term or long-term as well as formulate and evaluate my options. My progress through the model takes me to the fundamental step of the act, choosing the best option and making the decision. I resolved that I didn’t want to end the process at the decision, but determined that it was advantageous to know if the decision achieved the desired outcome and did I follow the process as outlined. The sixth and final step is a simple reminder for me to continue to repeat the decision making process. A diagr am of the model is presented below. Application of the Decision Model The starting point in my decision modelShow MoreRelatedDecision Making Model1281 Words   |  6 PagesDecision Making Model Analysis Decisions are required in all that we think, do and say. In fact, it is impossible to go through a day without making a decision. Do I get out of bed today? Do I eat breakfast before leaving for work? What shall I eat for breakfast? These are simple examples, but we also face life-changing decisions as we go through life. We find ourselves asking such questions as, Do I return to school? Do I want to have any children? What career path do I want to pursue? ChoosingRead MoreDecision Making Model882 Words   |  4 PagesRUNNING HEAD: DECISION MAKING MODEL Decision Making Model MGT 350 University of Phoenix Abstract Decision making models can be very effective in problem solving. Scheduling is a big problem at Direct HomeHealth Care and a solution needed to be found. Scheduling software which can be very expensive was the only conclusion that could be reached. With much thought and analysis a resolution was reached with critical thought and a decision making model from the Small Business DevelopmentRead MoreDecision-Making Model856 Words   |  4 Pagessuch as eating habits, fitness, earning, spending, travel, payment, and even our way of interaction is influenced by Big data. So, to harness success in this era, every organization is trying to shift towards the large volume and high-velocity decision-making, in harmony to make new products, enhance existing features, manage financial transactions, or to fight fraudulent activities. With technology revolution, consumer-behavior variations, and financial crime increase there is an urgent need to transformRead MoreDecision-Making Model822 Word s   |  4 Pagessuch as eating habits, fitness, earning, spending, travel, payment, and even our way of interaction is influenced by Big data. So, to harness success in this era, every organization is trying to shift towards the large volume and high-velocity decision-making, in accordance to make new products, enhance existing features, manage financial transactions, or to fight fraudulent activities. 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The process of choosing one course of action over another is commonly known as decision making. Consciously or unconsciously, people make decisions on a daily basis founded on one or more of the various decision-making models (Sullivan, n.d.). This paper examines how IRead MoreDecision Making Model Essay949 Words   |  4 PagesDecision-Making Model essay Whether we realize it or not, decision-making is a part of our daily lives. Everyday we have to make decisions. Some of those decisions are minor and some of them are life changing. Some of the decision we make, sometimes, are pretty obvious. We decide to get up, get of bed, with the assumption that the floor will be there. Personally, I begin to think of what I need to accomplish that day and what would happen if I did not tend to certain things. These thoughts