Individual vs Organizational DM

Decision-making and Valuation

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Catherine

Individual vs Organizational DM

You should distinguish between two basic levels (or types) of decision-making when studying the above decision-making method 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 informed group.

  Rajiv Unnithan
Manager, India
 

Individual vs Organizational DM

I agree with Catherine to a certain extent as an individual DM is more concerned & affecting a few people, while an organizational DM will be affecting a larger set of people. Hence the lag in transformation is seen on the organizational front.

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Decision-making and Valuation



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