Decisions in paradise part 1

In the ever-changing world of business, many decisions have to be made, whether the outcome is good or bad. Some of these decisions could be as small as finding a new supplier of pencils, while others could hold the fate of the company. Alex and Nik, business leaders within Wal-mart, must take advantage of all tools and learning experiences in order to become successful in their career paths. One tool that is popular among businessmen and women alike is the decision-making model. The decision-making process is one of the most important skills of today's leading managers while forces and influences depending of the work environment and the type of organization influence this process.

There are many different decision-making models. Managers use specific decision-making styles to make individual decisions within a decision-making model. There are four different styles, the democratic style, the autocratic style, the collective participative style, and the consensus style.

Alex 100 days (백일/Baegil) celebration

A protest in Utah against Wal-Mart

This is a selfmade image from the english wikipedi...

Democratic decision-making occurs when the leader gives up ownership and control of a decision and allows the group to vote. Majority vote will decide the action. Advantages include a fairly fast decision, and a certain amount of group participation. The disadvantage of this style includes no responsibility. Lack of group and personal responsibility seems to disqualify this style of decision-making; however, the democratic style does have its place in business (Leadership Management, 1997).

First, the decision-making style used by Alex, Nik, and the upper management within Wal-mart for the situation in Kava was consensus because everyone agreed upon the decision-making model. All parties involved chose the decision-making model cost-benefit analysis and further agreed that any decisions beyond this point would be made by the use of the democratic style. Choosing this style and model would mean that Alex and Nik would prepare the analysis and recommendations and present...