Decision Making Strategies
Within any organization or process, there is the cognitive and purposeful role of decision making that is the result of taking in stimuli, choosing from alternatives, and making a final choice of an action, in action, or choice of action. This is true in the small business world, multinational corporations, individual life, and even with governments. It impacts Foreign Policy, trade, economics, and most certainly the idea of globalism -- behavior in a world in which countries are tied economically so much that political or social conflict diminishes.
One other way of looking at decision making is that it is ingrained within the human psychological perspective; one can get quite complex about this, but essentially, from a cognitive perspective, any decision making process needs to be continuous and evolving as the individual or organization reacts to the environment, and the stimuli received. Thus, from a normative perspective, there is a logic and rationality involved in the ongoing process, we may or may not agree with that logic, but for the individual or group making the decision, the process is there (Kahneman & Tversky, 2000).
In the contemporary political world, the decision making policy of countries like the United States and Israel is complex, multidimmensional, situational, and certainly dynamic. Israel, for instance, fears agression from all sides, and has worked within that paradigm for decades. In recent history, the United States has never been invaded, but after the events of September 11, 2001 now has a more realpolitik viewpoint on internal vulnerability to terrorist, similar to what Israel continues to face. Geography, domestic factors, economic stability, political acumen and stability, and the complexities of relations in the global world all work together to drive decision making.
Certainly, this does not indicate that thereis unilateral agreement on decision making within any governmental body; or that there is a continual consensus of opinion in either Israel or the United States about most any topic. Instead, when we look at decision making from the macro level, we are forced to first examine the public output of the decision -- the one that binds through internal or international law as the dominant paradigm; and then the overal theoretical basis for that decision.
Theories of Decision Making
For the purposes of this paper, we will overview the basic paradigm of decision making and look at two major theories. In brief, there are really three cognitive styles when dealing with the decision making process:
Typology -- Types, such as those introduced by behaviorist Isabel Briggs Meyers, are ways of organizing decision making based on cognitive styles. For her, there are four dimensions: thinking and feeling, extroversion and introversion, judgment and perception, and sensing and intuition. Whether one adopts her exact idea, the point is that decisions are made based on preconceived patterns of thought processes, which takes into account national and cross-cultural differences (Martinson, 1990)
Optimizing vs. Satisficing -- This view, also called "bounded rationality" expresses the idea that human decisions are made based on available information, time, and the informative processing ability of the decision maker's mind. Maximizes take longer making decisions because they need to maximize performance across all variables and are careful about tradeoffs; they also tend to regret decisions because they are more able that satisficers to realize that a decision may have been less than optimal (Lehrer, 2009).
Combinatorial vs. Positional -- Of course, individuals make decisions in a variety of ways, but there are two major styles according to this approach -- positional and combinational. Both styles may be used in the same decision, and are exemplified if one analyzes a chess game. The combinational style is often used for narrow, clearly defined, and primarily materials goals in which the initial position and the final outcome are linked. Few, if any, options are left for the opponent and if forces decisions from others that fit in with the original paradigm. The positional style, in contrast, serves to create a predisposition to the future, but one of development; it includes the environment in certain ways, and it absorbs and unexpected outcome in one's favor, thus allowing both sides to feel as if there is more of a win-win than a route. Often, one style bleeds into another as negotiations evolve (Sullivan, 2011).
Other views are more interested in the how and why a decision is made in a larger universe -- the political, organizational, and how that mode of decision affects the larger goals of the organization.
Peterson and Smith - Some situations that are interpreted by a manager as routine,...
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