Question

what other examples of decision making constructs are utilized by your respective organization? Explain.

Answer 1

In our organization we use two types of decision making: Group Decision and Individual Decision:

In Group Discussion:

Consensus decision-making tries to avoid "winners" and "losers". Consensus requires that a majority approve a given course of action, but that the minority agree to go along with the course of action. In other words, if the minority opposes the course of action, consensus requires that the course of action be modified to remove objectionable features.

Voting-basedmethods:

Majority requires support from more than 50% of the members of the group. Thus, the bar for action is lower than with consensus.

Plurality, where the largest block in a group decides, even if it falls short of a majority.

Quadratic voting allows participants to cast their preference and intensity of preference for each decision (as opposed to a simple for or against decision). It addresses issues of voting paradox and majority-rule.

Range voting lets each member score one or more of the available options. The option with the highest average is chosen. This method has experimentally been shown to produce the lowest Bayesian regret among common voting methods, even when voters are strategic

Participative decision-making occurs when an authority opens up the decision-making process to a group of people for a collaborative effort.

Decision engineering uses a visual map of the decision-making process based on system dynamics and can be automated through a decision modeling tool, integrating big data, machine learning, and expert knowledge as appropriate.

In Individual:

Satisficing: examining alternatives only until the first acceptable one is found. The opposite is maximizing or optimizing, in which many or all alternatives are examined in order to find the best option.

Anti-authoritarianism: taking the most opposite action compared to the advice of mistrusted authorities.

Flipisme.g. flipping a coin, cutting a deck of playing cards, and other random or coincidence methods – or prayer, tarotcards, astrology, augurs, revelation, or other forms of divination, superstition or pseudoscience.

Automateddecision support: setting up criteria for automated decisions