Outline the distinctive properties of group decision-making and Essay

Outline the distinctive properties of group decision-making and negotiation. Compare and contrast the conditions under which the - Essay Example Group decision making brings in certain amount of analogical reasoning which gives managerial cognition a significant and purposeful direction. It emphasizes on facts like strategy making, such as pattern recognition, judgment and wisdom. These aspects are prominent among practitioners to develop strategies that are powerful. Group managerial decision lays emphasis on working in the best interests of the companies that bring about rationality in the managerial decision making. Group decision making helps in analogizing the way the philosophers and practitioners think. Conceptualizing and analogizing over a topic will help in developing a computational response which will also help in suggesting powerful analogies based on industry features and situations which affect the high level policies. These high level policies are highly interdependent to each other and deals with breadth of experience which is more beneficial than depth of experience. These dominant analytical and experimenta l approaches would help in antagonizing the situations, which are useful from the managerial perspective. It also requires the adopting of a qualitative approach and exploring situations which help in tackling difficult managerial situations. This theoretical framework will enable the development of different decision models that help in solving varied managerial problems and also developing methods for tracking the different managerial situations. This computational perspective helps the managers to create an environment which is verifiable and posing demands based on the cause effect relationships and cost benefit analysis. This model will also help in the development of a conceptual contribution which concerns discrepancies between managerial thinking and rationale decision model. The complexity of the environmental models increases with the environmental problems, which deal with the risk taking capacity of the organization. This perspective deals with the accuracy of perception s and suffers from various shortcomings, evidences and natural environments The group decision making consist of several steps which include the following: Problem identification: The fundamental step would be to identify the problem which would help in determining the future direction of the organizational unit. The issues would be recognized and would be aligned with the appropriateness of the mission statement and current strategies for achieving goals (University of Rhode Islands, 2013). Problem Diagnosis: When a specific problem emerges then it would be manifesting itself in some form or the other and hence it should be treated with appropriateness and suitable tools. The long range problems would be discussed and diagnosed with recurring solution (University of Rhode Islands, 2013). Solution Generation: All the solutions are evaluated and the best decision is selected with thoughtful consideration (University of Rhode Islands, 2013). Solving the Evaluation and Choice: Evaluati on meetings are held to improve the business process and also address the specific operational problems. Solution Generation: The best solution is generated after matching the needs and requirements with the criteria, cause effect and alternatives. The different types of decision is evaluated and the best decision is selected which can solve managerial problems. The commitment to decision is taken after much thoughtful consi