My first model that I looked at was the The Vroom-Jago decision model, this model was first proposed by Vroom and Yetton in 1973 and was later modified by Vroom and Jago in 1988. This is a very simple 5 step model that gives ways to make important decisions as an individual or as a group. This differs from our model because ourG.R.E.A.T model only discuses individual decision making that really only pertains to the reader. This model distinguishes five different situations and outlines an algorithm for determining which one to use. These steps are outlined using very adaptable situations that could be used in many business situations. The second decision making model that I found is the 9 step process that is taught in many colleges. These steps are:
Recognize that a problem exists and set a solution objective.
Analyze the situation.
Identify key uncertainties.
Determine workable solutions and perhaps brainstorm for alternatives.
Gather data, perhaps using "expert" help. Analyze which alternative might work best given the specific problem and your particular environment.
Select the best (most workable) alternative.
Develop a plan for implementation and action.
Implement the plan.
Follow up to see how the decision worked out and to evaluate its effectiveness in solving the problem.
This model is much more similar to our G.R.E.A.T model because it is geared to making life decisions whereas many other models are geared to business. These two models are vastly used and all (including G.R.E.A.T) have the same basic use, making important decisions.
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Nick, I feel that the Vroom-Jago model is more important than the GREAT model, as all that is required for life decisions is common sense, whereas making a business decision can be much more difficult and affect the lives of many more people.
ReplyDeleteI think the Vroom-Jago model is a great descion making model and its really cool that you found such a weird model.
ReplyDeleteHey nick nice blog. I thought it was interesting that the Vroom-Jago model was adaptable to each situation and had the ability to be more effectice to certain situtaions. It was also interesting that they still teach some models in college. Very well written. Good job.
ReplyDeleteUnlike everyone else, I like the 9 step model the best, even better than all the models I have observed so far. I like how it incorporates research into the process and asks for "expert" help. I can see why colleges teach that one! The most thought-out decisions conclude with the best results. I think it's the best way to develop a plan of action.
ReplyDeleteI also like the 9 step model, however it would not be very useful for "on the ball" decisions. I definetely think that out of the 3 models that you explored, the GREAT model found in our textbook shows the potential for the best results.
ReplyDeletei'd have to agree with you and say that this model looks like a very good decision making model because it makes you think about it more specifically in more detail and it also helps more people involved too
ReplyDeleteI like these steps when it says "Identify key uncertainties" because you really have to go into detail about how you are going to solve your issue, and you really have to think about it.
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