The ability to make good decisions is a skill that is valuable in any job. Making well-informed decisions is one of the skills that can help one become a more productive employee or employer. The process of making choices based on an analysis of available information is called decision-making. For employees to make a more meaningful contribution to the organization, hiring managers and recruiters look for decision-making skills in potential candidates. During a workday, employees are presented with various choices and possibilities; hence, they need to be able to make informed decisions. Therefore, the purpose of this paper is to examine methods for enhancing the quality of decision-making.
Processes and Significance of Improving Quality Decision-Making
It is necessary to implement several different methods and techniques if one wishes for individuals to be able to make rational judgments of high quality and value. Considerations of the decisions are of the utmost importance when selecting an appropriate strategy. Two primary categories of decisions can be made in any working environment: nonprogrammed and programmed. Heuristics is a technique that needs to be utilized by people in order for them to be able to make better decisions based on their programming (Black et al., 2019). The majority of successful leaders take this mental shortcut whenever they need to make a decision quickly that does not require much involvement. Using the satisficing method is yet another strategy for producing superior preprogrammed decisions. In this method, the decision maker chooses the first acceptable solution without more effort to locate the most suitable option (Black et al., 2019). The time-saving potential of each of these approaches should not be underestimated.
When dealing with issues that are not very complicated, programmed decision-making can be seen as more effective. In more complicated and crucial circumstances, there is a need to be very acute in choosing the proper choices to solve the issues while minimizing the harmful effects successfully. It requires being very attentive in order to make the right choice. Employers and managers who have been in the workforce for a considerable time tend to make better-informed decisions than those who lack expertise (Dror & Kukucka, 2021). It is because repeated attempts induce one to build a routine, enabling them to make decisions based on previous experiences.
One needs to engage in a methodical procedure to improve the quality of decision-making through non-programmed decisions. The first step is to admit that there is an issue and the urgency surrounding the search for a solution to that problem. This phase of the decision-making process is crucial because it makes room for prospective solutions, which in turn makes it possible for the company to be efficient in the way that it conducts its operations (Abubakar et al., 2019). The next thing that needs to be done is to think of several different approaches that may be taken in order to solve the issue that is currently being experienced. It will help offer an exhaustive list of possible remedies to the issue. Talking to other people is one way to accomplish this goal since their perspectives, based on their own experiences, can shed light on options that need to be considered. When managers and employers involve other individuals with similar mindsets in developing options to be evaluated, it allows them to brainstorm, which ultimately contributes to an enhanced overall quality of decision-making.
The third stage is to investigate all feasible options to select the one that is most pertinent to the problem at hand and possesses the most significant possibility for achievement in this endeavor. It is possible to accomplish this by utilizing an evidence-based decision-making approach. This method will center on examining the many options based on their effectiveness in past documented situations rather than making conclusions based on an individual’s intuition (Abubakar et al., 2019). Following the completion of the study, one is in a position to select the course of action that is most likely to provide the desired results given the existing conditions. It will finally be possible to evaluate how practical the alternative approach was when put into action. Using a methodical approach while making judgments can help improve the overall quality of decisions, the results of most businesses, and the general events of life.
Logical fallacies are another prevalent mistake that lowers the overall quality of decision-making. When multiple people are working together to devise potential solutions to a problem, there is a higher chance that some people will argue based on myths and incorrect assumptions (Abubakar et al., 2019). Therefore, to obtain high-quality decisions, it is necessary to examine all of the arguments that the individuals offer to determine the credibility of their arguments based on the evidence that is presented (Black et al., 2019). The elimination of fallacies through scrutiny contributes to an improvement in the overall quality of decision-making.
In conclusion, increased competence in decision-making is critical to successfully operating day-to-day activities. It aids in decreasing the potentially negative repercussions that a situation may bring about if it is not well addressed. When making decisions, it is essential to have a creative and forceful mindset because doing so enables one to avoid being led away by the decisions of others, which might potentially be damaging. Therefore, the ability to make sound decisions is essential to the efficient operation of any firm.
Abubakar, A. M., Elrehail, H., Alatailat, M. A., & Elçi, A. (2019). Knowledge management, decision-making style and organizational performance. Journal of Innovation & Knowledge, 4(2), 104–114.
Black, S. J., Weiss, J., Terjesen, S., Steers, R. M., Pierce, J. L., O’Rourke, J. S., Leopold, J., Leduc, L. M., Lambert, J., Hartmann, E., Gardner, D. G., & Bright, D. S. (2019). Organizational behavior. Openstax.
Dror, I. E., & Kukucka, J. (2021). Linear sequential unmasking–expanded (LSU-E): A general approach for improving decision making as well as minimizing noise and bias. Forensic Science International: Synergy, 3, 100161.