Question

In: Operations Management

As a leader would you prefer to use the individual or group approach when making decisions....

As a leader would you prefer to use the individual or group approach when making decisions. Please explain and evaluate the pros and cons of each approach.

Please respond in APA format

Solutions

Expert Solution

answer

As a leader I might want like to utilize bunch approach when settling on a choices:

  • Since, bunches approach helps in getting various thoughts, considerations from diversed person who have various abilities and knowldge.

The following are the couple of upsides and downsides of individual methodology.

positives:

  • less tedious
  • Minimal effort engaged with the dynamic procedure.
  • Stay away from disarrays and quandaries in the dynamic procedure.

cons:

  • Decesions are will in general have more blunders because of individual dynamic. Consequently end up in absconds in the business activities.
  • Lessen the nature of the merchandise or administrations.
  • Lessen the benefits because of vulnerabilities in the business.

The following are the advantages and disadvantages of gathering approach.

positives:

  • bunch approach assists with using sound judgment for the ventures.
  • Include all individuals in the groups.
  • Gathering approach give far to improve and grandstand the representative aptitudes and information.
  • Enhaces the nature of the business tasks, products and ventures.

Cons:

  • bunch approach is a tedious procedure.
  • Gathering approach will build the expense of the dynamic.
  • Gathering approach will in general have more conflicts among the workers or group memebers.

NOTE: IF YOU LIKE MY WORK PLEASE GIVE AN UPVOTE.


Related Solutions

Discuss 1 leadership approach using ethical decision-making models that a health care leader would use to...
Discuss 1 leadership approach using ethical decision-making models that a health care leader would use to implement the Health Organization Disaster Planning and Response Strategy.
Would you prefer to work for a leader with an autocratic, democratic, or laissez-faire style? Are...
Would you prefer to work for a leader with an autocratic, democratic, or laissez-faire style? Are there any conditions where autocratic leadership might be preferable and more efficient? Are there instances where laissez-faire leadership might be the appropriate style? Provide examples where appropriate.
.If you are an investor in the stock market which approach would you prefer and why?...
.If you are an investor in the stock market which approach would you prefer and why? On what information would you base you investing decisions for a particular stock?
How would you approach to influence such a leader towards embracing change?
How would you approach to influence such a leader towards embracing change?
if given the choice, would you prefer to manage in an organization where an individual, team,...
if given the choice, would you prefer to manage in an organization where an individual, team, or group incentives were used? Why? What are the pros and cons of those types of incentives?
Sometimes, the desire to maintain group harmony overrides theimportance of making sound decisions. When that occurs,...
Sometimes, the desire to maintain group harmony overrides theimportance of making sound decisions. When that occurs, teammembers are said to engage in groupthink?
How do you use the concepts of marginal cost and marginal benefit when making decisions daily?...
How do you use the concepts of marginal cost and marginal benefit when making decisions daily? The goal is for us to evaluate how often we use a benefit-cost analysis in marginal terms in our daily lives, without realizing it, and how to improve our decision-making after a careful evaluation of all relevant costs and benefits involved. What is your opportunity cost of attending classes on campus? For the purposes of keeping things simple, focus on finding the opportunity cost,...
EBM represents the judicious use of clinical evidence in making decisions about individual patient care Supporters...
EBM represents the judicious use of clinical evidence in making decisions about individual patient care Supporters of EBM argue that its integration of best research evidence, physician expertise and patient values makes it an ideal model for guiding clinical practice. They also suggest that it reduces variation among clinical practices, discourages the use of unproven interventions, and brings consistency to clinical guidelines. Critics of the approach, however, suggest that EBM prioritizes experimental evidence over pathophysiological presentation, case-specific histories, and clinicians'...
If you were an individual, would you prefer to receive cash dividends, stock dividends, or stock...
If you were an individual, would you prefer to receive cash dividends, stock dividends, or stock split? Describe why and the benefits to support your decision.
As a manager when you are making decisions for the company,you need to consider the distinction...
As a manager when you are making decisions for the company,you need to consider the distinction between how the decisions will impact the company is short time and in a long time. Describe the information needed to make these decisions. What test can you run to help make your decision justify your answer
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT