Group Decision Making

Group Decision Making

Introduction

This paper intends to explore the group decision making. Main focus of this paper is to examine the decision making techniques that are commonly used. Further, it also explores the potential problems that may arise in decision making activity. In addition to this, this paper analyzes strategies for efficient and productive group management integrating concepts.

Discussion

Decision Making

Decision making on the part of ethical leaders is undoubtedly the most important aspect of an organization's success in the modern era. Often, top management tries to analyze and identify which areas of opportunity are important to develop and improve business, maximize efficiency and increase sales, and hence our profit margins. They look for the details, analyze and define the macro behavior of action plans to correct the faults. The most common factors relating to operational aspects are quality, efficiency, productivity, human resources' performance, efficiency, effectiveness, flexibility, teams' capacity, obsolescence, maintenance costs, administrative, customer service, sales, marketing and logistics and others.

To analyze the role of decision making in the success of organizations, we first have to understand what decision making is. If we assess the whole context, we note that in entire process there is a common factor and that is the "decision making". It is the process whereby, under certain circumstances, the employee must decide what course of action to take for the company to continue operating.

Group Decision Making

Group Decision is usually an outcome of a group discussion. It is considered to be quite complex, since it requires several people to give in their input and in the end have consensus on the same subject matter. There are several common forms of group discussion.

Brain Storming

One of the decision making techniques is introduced by Osborne, the principle of 'deferred criterion', which is based on brainstorming. The essence of the principle ...