Decision making process

The process by which a person chooses a certain path over another is called decision-making. It is a cognitive process resulting to a final choice. Decision-making is very much a part of life. If a person wants to take stock of his life and become fully responsible for his own happiness then a person must make his own life decisions.

Just the same, in corporate situations or in the work life of a person, there are decisions that must always be made. Decisions in the work place can affect one’s work and the work of others. Some major decisions can make or break one’s career. A manager may decide which path to take that will either bring the company to greater heights or will bring it to the pitfalls of loss and lower productivity.

Decision-making often entails choosing one option over one or two other options based on the perceived value of each option. Some decisions are easy to make because the values of the options can be easily determined. There are, however, choices that are difficult to make because there seems to be no truly good option or the values of all the options seem equal. Let’s not even talk about making painful decisions that may not be beneficial at first but may bring about the best results in the long run.

People use different techniques to reach a decision. Some people make a list of advantages and disadvantages of each option to clearly see which choice have more disadvantages. In the work place, some people use the SWOT technique or the evaluation of Strengths, Weaknesses, Opportunities and Threats. Unimportant decisions can be made by flipping a coin or for others, by consulting astrologers, or referring to readings of the tarot cards, the zodiac signs and others. This type of decision-making process technically takes the choosing out of the person hands and leaves it to ‘signs’ or other forms of divination. Sometimes people use pure gut feel or intuition when making decisions. This is not to say that the result is often unintelligent because some people have very good intuitions.

Some decisions require more attention and caution such as company mergers and other business matters. These decisions require thorough analysis and important data from auditors, accountants and advise from legal consultants. Sometimes the decision-making passes through several levels and needs the approval of several people. One key factor in being named to a high-post in the work place is by being a good decision maker. This means that a person is objective, sensible, level headed and decisive. Decisions are made at work almost daily and good decisions result to a better bottom line for the company. Teams and not just individuals may also make decisions. Often, decisions are made based on the majority votes. Those in higher positions or those who have power can make and also over-turn decisions.

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