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.

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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:

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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