Decision-making is a thoughtful process that involves identifying issues or problems and analyzing them to find the best results. In business, it means assessing the risks to come with the best outcome for corporate success. In a working setting, the individual, the employers, and employees make variable decisions from the information they gather. The decision-making can positively influence others and improve the work organization or cause negative impacts. By making effective decisions in the workplace, one increases the possibility of becoming a good leader. Good decisions making positively benefit the individual or the whole organization. People make daily decisions that help them to improve productivity and satisfaction in the working setting. In the workplace, decision-making can be introduced in conflictual situations to solve the complaints from the customers, workers, or employers. Also, gathering the information and careful consideration of the decisive alternatives can help provide a substitute solution. A good decision makes a peaceful and better work environment for the employees and increases the organization's success.
Decision-making is both important to the working environments and real life. In both instances, the decisions made either have a direct impact on our lives. The decisions that parents make sometimes change the life of their children (Sherman, 22018). For example, when parents decide to allocate to another place, their children are affected by adaption in the new area. The same applies to the work settings where decisions made by the employers or leaders have a counter effect on the employers who are the recipients of the decision. In case of the introduction of a new rule, the employers will have to abide by it. Also, all the decision made in these environments aims to improve or change existing and unfavorable conditions. Moreover, the real-world choices that we make can arise from personal mistakes that we want to rectify, contrary to the decisions made in our work settings. The findings in the working environment are based on the comprehensive issues the organization is facing.
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Decision-making in the work environment is beneficial to the employees' role. The decision aims to improve and promote a friendlier working environment (Alison, 2020). Through it, the workers can express themselves effectively. Also, the choices can influence how the employees approach their works and the quality they offer to the organization. Most of the decisions made in an organization should have their basis from the employees who are groundsmen to the activities in the setting. Among interns or volunteers with the knowledge of behavioral economics, my decision is to be regarded with a lot of agency. The expertise from behavioral economics will help me understand the organization course for specific choices that will work best (Will, 2020). The rational course of action will protect and benefit me as an individual employee since the decision is outcome-oriented after understanding my mind in the verdicts. Both sensible course of action and the company's actions aim to promote and protect the company's success. The rational approach typically offers decisions that target to maintain and protect the company.
In conclusion, decision-making in the work setting is essential in organizations. The decisions made positively improves the operation and the success of the company. Like the work setting, making decisions applies to the real environment and personal lives. In work areas, the decision relies on the employees' experience even though the employers are central in affecting the decisions. Successes of organizations and businesses rely on the good decisions made.
References
Alison, D. (2020). Find out the reasons why employers value decision-making skills . The Balance Careers. https://www.thebalancecareers.com/decision-making-skills-with-examples-2063748
Sherman, J. (2018). Decision-making in the workplace . Go1 ・ Thousands of online training courses - simple eLearning solution. https://www.go1.com/blog/post-decision-making-workplace
Will, K. (2020). Behavioral economics . Investopedia. Retrieved May 5, 2021, from https://www.investopedia.com/terms/b/behavioraleconomics.asp