Mgt/230 Week 1 Decision Making Process Paper University of Phoenix People should make decisions every day, some of those decisions are easy to make, while others are quite difficult to implement. An appropriately combined and organized decision-making process will help to control this issue and bring a positive outcome for those involved. The decision-making process may become challenging for people due to “the lack of structure and entail risk, uncertainly and conflict” (Bateman and Snell, 2012, p. 86).
That is why people trying to make important personal or professional decisions should have an appropriate model to follow in order to avoid these challenges. Bateman and Snell identified six steps or stages of decision-making process which may be attached to any problem or decision. First, it is necessary to identify and analyze the problem. The problem at hand for me was the necessity to purchase my own home. In 2002 I was renting a home in a small city with my husband and son living there as well. The house was also shared with my Mother-in-Law, and it was too small for all four of us to share.
My husband and I realized after a short period of time that this living situation was not going to work out and that we should start looking for a place of our own. Since I am an animal lover and was the owner of one horse and one dog at that time, finding a home that also had a small amount of acreage was also necessary to accommodate us all. Generating and evaluating alternative solutions (steps 2 and 3 in the decision making process) was really not an option for us as we knew exactly what we would have to do if we were to obtain the right place for all of us to live.
The only alternative solution in this situation would have been to rent a large piece of property with a larger home and we had come to a point in our lives where purchasing seemed like the better investment. Step 4 in the decision making process is, making the choice. We searched around for just the right place to purchase. It took several months of searching before we happened upon the home we ultimately chose. The house wasn’t quite as big as we were hoping for but we thought we could build an addition and do some remodeling to make it perfect.
The property attached to the house was large enough to house my horse and our dog, and for my son to play. The decision was made, we were purchasing this house. Step 5 in the process is implementing the decision. After the decision was made to purchase our new home, we set up meetings and appointments with the realtor, our bank and our lawyer to finalize paperwork on the loan and other necessities. All paperwork was signed and keys were handed over to us about a month later. Once the house was ours we quickly made the necessary changes so that it would accommodate our entire family, by adding an extra room and re-painting the entire house.
We built a barn to house the horse and put in a shed for storage. We thought it was perfect. Step 6 in the process is evaluating the decision. Shortly after purchasing our home and property everything was going well, and this continued for many years to come, even though it was probably more work than we had initially expected, we were happy with our decision. Living in the country on our own farm with barely a neighbor to be seen was definitely the way to go. Looking back on this decision some 10 years later, I still believe I made the right decision even though my life has completely changed since that time.
The house and property suited us very well up until about 4 years ago after my divorce. I see now that the house is not nearly large enough for my even larger family. Since my divorce I have had two more children and am getting re-married and this home is not nearly large enough for five people, especially if we have guests over for holidays or birthdays. We are currently in the decision making process once again, that being the possible purchase of yet another, larger, home and more acreage as the number of farm animals has grown over the past 10 years as well.
Having the information that I do now, in our readings, I am going to go through the steps one by one and be sure that my ultimate decision will be the right one and that this new place (if we purchase one) will be perfect for more than 10 years. References Bateman, T. S. , & Snell, S. A. (2010). Management: leading & collaborating in a competitive world (9th ed. ). Retrieved from The University of Phoenix eBook Collection database.