Implementing decisionmaking processes is essential from "summary" of Judgment in Managerial Decision Making by Max H. Bazerman,Don A. Moore
The process of decision-making is a critical aspect of managerial roles, influencing the success and effectiveness of an organization. Without a structured decision-making process in place, managers may rely on intuition, biases, and emotions, leading to suboptimal outcomes. Implementing decision-making processes provides a framework for managers to evaluate options, consider alternatives, and make informed choices based on relevant information.
By establishing decision-making processes, organizations can ensure consistency, fairness, and transparency in how decisions are made. This can help build trust among employees, stakeholders, and customers, as they understand the rationale behind decisions and feel confident in the organization's decision-making capabilities. Furthermore, implementing decision-making processes can help reduce the impact of individual biases and cognitive limitations that may distort judgment and lead to flawed decisions.
Decision-making processes ...
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