In relation to decision-making, this model involves using facts and information analysis and step-by-step procedures by individuals to come up with a conclusion. Besides, no organization can consistently succeed in any market without making quality and effective choices. Further, great resolutions will more likely lead towards individuals and organizational goals, while poor decisions could quickly lead to business closure. Thus, persons can choose what they need to do towards their economic and management progress. Moreover, decision-making has a significant impact on the companies and their teams as it is a guideline on whether they can achieve a targeted goal. In addition, decision-making entails various models with different approaches to entail the best process. Therefore, decision-making is heavily involved with success among teams and their management.
Rational decision making is a specific planning model that involves various reasonable steps or actions and making decisions between alternatives. This process favors analysis, logic, and objectivity instead of insight, intuition, and subjectivity. Since people are inherently emotional and tend to allow beliefs and biases to interfere with their perceptions of reality, exact data and logical analysis significantly help to find the most appropriate and effective solution. Rational decision making assumes that individuals will perform actions while considering the best choices that will maximize benefits and also minimize any associated drawbacks. In the case of rational decisions, individuals should undertake a series of steps that will guide them towards goal achievement.
Thus, the best decision is always required for teams to perform their business operations smoothly. Hence, an organization will define its mission statement, which will make it simpler to identify the solutions to a significant issue (Engel, 2018). Thus, this will prevent persons from linking one option too much and setting the ideas accordingly. In this case, teams will benefit as everyone will try to find different ideas personally; hence for a decision will involve choosing the best principle. Furthermore, balanced decision-making has an advantage to individuals as it encourages them to generate alternatives. By going through various options, teams will be more likely to cover a greater effective decision.
In addition, for effective rational decision-making, teams should limit their time in implementing the assessments. Therefore, too much information may result in errors leading to unwanted solutions, and persons will spend more time gathering data and analyzing it, but on the other hand, decisions are made. Thus, this will deem the teamwork of no use, preventing them from performing any action of generating other choices (Gren et al., 2017). Even if there is plenty of time, an organization still wants to keep its processes moving at a reasonable pace so that one can shift the team into other matters. Furthermore, individuals will not be interested in reaching an optimal decision to be at the best point for alternatives.
Creativity is highly required as it plays a vital part in being an effective decision-maker. Thus, with the flattening of organizations and intense competition among companies, individuals are advised to generate ideas (Kanter, 2011). Therefore, this encourages teamwork to have a solution that will be more satisfying in a company. As such, teams will need to be flexible on how their concepts vary from one another, and a more effective decision is likely to be generated (Allison et al., 2018). Additionally, teamwork is a process that will make every member involved in the decision-making process for the smooth running of the organization, so there will be realistic planning processes among the team members.
As a result of rational decision-making, teams benefit through shared leadership. In this case, in a group where no formal leader has been selected, leadership occurs when a member takes the task to lead them on the subject matter that the crowd requires (Beshears & Gino, 2015). Another impact associated among teams is reduced chances of errors, guesswork, subjectivity, and distortion of a reliable source of information. Hence, with this policymaking process, there is the promotion of consistent and high-quality decisions. Therefore, there is a reduction in the risk and uncertainties associated with choices (Allison et al., 2018). In addition, teams will find it simpler to perform their tasks decision-making process efficiently. The rational methodology addresses complex issues by breaking them down into more uncomplicated steps and considering all aspects of the problems with all possible solutions before making a final decision.
Moreover, through teamwork, there is greater acceptability of the achieved solutions. Decisions made by a group are more relied on than those from an individual. An agreement reached by a team is automatically assumed to be more democratic. However, arrangements made by an individual can be perceived as oppressive. Besides, through teams, an expert opinion might be included in the group instead of an individual who relies on themselves only. Furthermore, rational decision-making encourages people’s participation. In this case, a team provides a platform for individuals to present their ideas (Kirkpatrick, 2017). Thus, a team is more likely to make those people who may be hesitant to talk or interact with others get involved in the process. As a result, it encourages people to take the initiative toward an organization as they feel part of the decision-making process. Therefore, an association structure can perform well and be reliable if it involves a consequential decision-making process and team involvement.
In conclusion, success is associated with practical and decisive choices. Thus, to achieve quality decisions, individuals have to be given time to evaluate the best method to layout an option. Moreover, teams are exceptionally recommended in the rational decision-making process model because of high-quality assessments. Therefore, preference made by persons can result in the rise or fall of an entire organization. Hence, the rational model helps to appraise the success of a business and its future critically.
References
Allison, M., Ashcraft, H., Cheng, R., Klawens, S., & Pease, J. (2018). Integrated project delivery: an action guide for leaders [PDF document].
Beshears, J., & Gino, F. (2015). Leaders as decision architects. Harvard Business Review, 93(5), 51-62.
Engel, M. L. (2018). Crafting the ideal mission statement for your organization. Leader to Leader, 2018(87), 7–12.
Gren, L., Torkar, R., & Feldt, R. (2017). Group development and group maturity when building agile teams: A qualitative and quantitative investigation at eight large companies. Journal of Systems and Software, 124, 104-119.
Kanter, M. R. (2011). How great companies think differently. Harvard Business Review, 89(11), 66-78.
Kirkpatrick, S. A. (2017). Toward a Grounded theory: A qualitative study of vision statement development. Journal of Management Policy & Practice, 18(1), 87–101.