Critical Thinking: Strategies in Decision Making
MGT 350
October 25,2004
Decision Making Model Analysis
Everyday we are faced with making decisions, decisions of varying importance. These decisions not only affects us, but it can also have a major affect on people we love, people we work with, people who are for and also against us, basically it touches everyone we deal with directly and indirectly. In our workplace, organizations depend their success on decisions we make, for these decisions can have major influences in both long-term performances of an organization as well as its day-to-day operations. And just as with organizations, my career will have to depend on what decisions I make, the paths taken to get there and also on the quality of the decisions I make regarding my jobs and employment status.
Decision-Making Approaches
So how do we approach decision-making? Is there a right way? Certainly there must be.
Example of Markov Decision Process (MDP) transitio...
Decision Making Chart
Decision as a temporal processThen if there is a right way, there should be a wrong way also. I'm no dummy, so I will try to do it the right way by using a decision making model, a modified version from "Rick Robert's 7-step Decision Making Model for Career Decision Making." (2004).
About 4 years ago, after resigning my position with the Civil Service, I was offered a position with my now present employer, Lockheed Martin as a Field Service Rep working with sailors out in the fleet. Since this was a brand new program for us, there weren't too many Field Service Representatives yet that could do this type of job. This was going to be an independent duty, which meant I was on my own most of the time and all decisions had to be made by me and they had to be the right ones because lives and multi-million...