MGT 350 Critical Thinking and Decision Making: Decision Making Model

Essay by Falcon24University, Bachelor's July 2004

download word file, 6 pages 4.2 2 reviews

Decision-Making Model

University of Phoenix

MGT 350: Critical Thinking: Strategies in Decision Making

July 22, 2004

Decision-Making Model

After doing some research on the Internet and reading some articles, I found the Josephson Institute of Ethics Seven-Step Path to Better Decisions. This model, found in the book Making Ethical Decisions, by Michael Josephson, closely resembles the process I utilize on a daily basis. I work for a professional hockey team called the New Mexico Scorpions. There are 15 employees on staff and my current position is the Director of Business Development. My primary roles are to manage the ticketing department, personally bring on new season ticket clients, as well as form corporate partnerships. Critical thinking and the decision-making process are extremely important to my job responsibilities as the decisions I make everyday directly effect the Scorpions organization.

First, the term critical thinking is defined by Bassham et al (2002) as "the general term given to a wide range of cognitive skills and intellectual dispositions needed to effectively identify, analyze, and evaluate arguments and truth claims, to discover and overcome personal prejudices and biases, to formulate and present convincing reasons in support of conclusions, and to make reasonable, intelligent decisions about what to believe and what to do."

(p.1). One of my responsibilities with the Scorpions is to form corporate partnerships with local and national organizations. Critical thinking and decision-making play an important role on a daily basis, even though I quite often don't realize that I am using such skills. This Decision-Making Model uses seven steps which guide us toward making ethical decisions.

1. Stop and Think

While researching for this paper, I found that many decision-making models tell you to clarify, and appraise your thoughts before beginning the decision-making process. On numerous occasions I need to...