Decision-Making Model Paper

Decision-Making Model Paper
Joe
MGT 999
Instructor: ???
13 September 2006
    Life is full of decisions.  Some decisions are trivial.  Should I choose paper or plastic at the grocery store?  Which of the 31 flavors of ice cream should I pick?  Other decisions are vital.  Should I get married to her or should I take this new job?  Your decisions may affect many people or only yourself.  In this paper I will present a decision-making model.  I will describe a decision that I made at work using this model and how critical thinking impacted that decision.

    Decision making, as taken from the Wikipedia (2006) encyclopedia, is defined as "the cognitive process leading to the selection of a course of action among alternatives.  Every decision making process produces a final choice called a decision.  It can be an action or an opinion.  It begins when we need to do something but we do not know what.  Therefore, decision-making is a reasoning process which can be rational or irrational, and can be based on explicit assumptions or tacit assumptions." (para.1).  Decisions made by using a decision-making model typically result in better decisions.  Decisions resulting from the model tend to be more consistent since the same steps are followed each time.  Increased thoroughness of decision options considered is another benefit in using a decision-making model, as numerous factors are taken into account.

The following is a decision-making model that I have used to arrive at a decision.  

FRAMING
?    Clarify purpose and boundaries of the decision
?    Gather information
o    Identif ...
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