Visionary Leadership: Decision-Making Process Flashcards

Models and Approaches

1
Q

The Rational Model believes that all alternatives can be identified and assessed and a(n) __________ can be made.

A

optimal choice

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2
Q

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.

A

first, best option

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3
Q

heuristic approach to decision making

A

(“rule of thumb” like the golden rule) is used to simplify decision making and can be effective, but risks oversimplifying

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4
Q

intuition

A

is a “feeling” about what is the right choice and is devoid of conscious choice

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5
Q

incrementalizing

A

“muddling through,” means making small changes and is a common alternative when consensus about larger actions cannot be reached

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6
Q

garbage can model

A

describes a situation in which various parties deposit their ideas and they are collected to form a set of solutions that are sometimes incongruent

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