Decision Making Skills and Styles, business and finance homework help

Theme #1: Decision Making Skills and Styles

There are many levels of decision making and the level of decision making determines the approach and implementation of the decision making process. This week will discuss some of the considerations that focus on the individual decision maker in a business setting. The first them for this week focuses on how decision making style affects the decision making process.

Read:

• Decision Making Styles: How Do You Decide?
• Decision Making Styles and How to Best Use Them
• How Good is Your Decision Making
• Decision Making Styles
• Decision Making Styles and their effect on Morale
• 9 Steps to Build Your Reputation as a Great Decision Maker
• Stop Making Decisions Based on the Opinion of Others
• 5 Ways Leaders Tackle Pivotal Career Decisions
• Is There Still a Role for Judgment in Decision-Making?
• Role of intuition in decision making
• Decision Making Without Critical Thinking
• Simple way to look at Framing ethical decisions as a CEO
• Ethical decision making: how to make ethical decisions in five steps

The importance of having a decision making style

Take the following quiz and determine what your decision making style is and describe it to the class. Then using the reading from this week comment on ways that you might improve and perhaps even change your decision making style to create one which would improve your performance as both a leader and a manager. Make sure to describe the difference between the two styles of a leader and manager when discussing the changes as well as how the job might affect your style. Finally comment on whether your style should be changed depending upon the job or task that requires the decision or if you can suggest that it remain constant instead.

Finding your decision making style quiz:

Discover Your Decision Making Style

Theme Two: Considerations for the Leader and Manager in Decision Making

Read:

• How To Use Experts – And When Not To
• Decision Making
• Overcoming the Loneliness of Leadership
• Do You Feel Lonely As A Leader?
• Decision Making
• 21st Century Decision Making for the Individual

To make good decisions these days, leaders and managers must collect extensive and disparate information, balance potentially conflicting needs and goals, gather a team with diverse expertise, and then make decisions in an ever-changing landscape with an unpredictable future.”

Dr. Jim Taylor.

Using the readings for this week, explain the quote and what it means for today’s leaders and managers.

 

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