Decision Making Analysis

Decision Making Analysis

Introduction

Within a business environment, decision making is considerably the most crucial and receptive practice. A good leader is considerably who can take decisions solely, assertively and under demanding situations. Still, various leaders sometime wouldn't feel contented to make decisions independently. Thus, business intellectuals and scholars have come across with various models of decision making. Amongst them, Bazerman and Moore have also come up with Six Step Guide to Decision Making (Markgraf, n.d.). This paper is formulated to assess a particular decision, being taken by my employer, as a success of failure using Bazerman and Moore's Six Step Guide to Decision Making.

Bazerman and Moore's Six Step Guide

The Six Step Guide by Bazerman and Moore is consists of the following steps.

First of all, it is important to write down the problem that is needed to be addressed (Bazerman, et al. 2009). Evaluate the need of solution and analyze, how much the solution would be able to resolve the problem.

Step two is to list down all the goals, which will get accomplished by solving the problem (Bazerman, et al. 2009). All list the criteria, which will measure the level of accomplishment of the goals.

Now rank the goals as per their significance, and assign weight to their accomplishment criterion (Bazerman, et al. 2009). For instance, there are 5 goals that are required to be accomplished. Out of these, rate 5 to the criterion of the most important goal. Thus, the most important goal will be rated as 5 and the least significant as 1.

After setting goals and criterion, list down the alternative ways to that can solve the problems.

After listing alternative ways, rank each alternative way according as per their significance and criterion as goals were ranked (Bazerman, et al. 2009).

Now multiply the criterion significance of the goal by the rate ...