Visionary Leadership: Decision-Making Process Flashcards
Models and Approaches
The Rational Model believes that all alternatives can be identified and assessed and a(n) __________ can be made.
optimal choice
The Bounded Rationality Model believes that it is impossible to ever know all of the options or fully understand their outcomes. Instead, decisions are made by satisficing: selecting the ____________ that is above a minimum threshold.
first, best option
heuristic approach to decision making
(“rule of thumb” like the golden rule) is used to simplify decision making and can be effective, but risks oversimplifying
intuition
is a “feeling” about what is the right choice and is devoid of conscious choice
incrementalizing
“muddling through,” means making small changes and is a common alternative when consensus about larger actions cannot be reached
garbage can model
describes a situation in which various parties deposit their ideas and they are collected to form a set of solutions that are sometimes incongruent