Individual versus Organizational Decision-making




Decision-making and Valuation

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Catherine, UK

Individual versus Organizational Decision-making

We should distinguish between two basic levels (or types) of decision-making when studying the above methods and theories:
1. Individual decision-making - Historically viewed as a relative simple, linear, somewhat rational activity by a well informed individual decision maker.
2. Organizational decision-making - Historically viewed as a relative complex, non-linear, irrational activity by a limited well informed group.
 
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Rajiv Unnithan
Manager, India
 

Individual versus Organizational Decision-making

I agree with Catherine to a certain extent.
Individual decision-making is more concerned with & affecting a few people, while organizational decision-making will be performed by & affecting a larger set of people.
Hence a lag in transformation is seen on the organizational front.

   

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Decision-making and Valuation



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