Problem Formulation and Identification Introduction Decision-Making Styles Logical and methodical Autocratic Leadership Purpose Rational Problem Formulation and Identification Objective: To give a clear perceptive of problem and decision-making within corporations: Distinguish the deciding techniques most prevailing in each company Discuss how the strong suit and weaknesses of each mode are summed up Discuss how the strong suit and weaknesses of each mode are summed up Distinguish to stakeholders the problem in manner i.e. Sensible to their view. Logical and Systemic DecisionMaking Make a structural surroundings Render beneficial choices Research these choices Decide the best options Ascertain your conclusion Convey your decision, and take action Pros and Cons of Logical and Systematic Decision-Making Advantages and disadvantages of analytic and orderly Decision-Making Doubtfulness - numerous reports might not be acknowledged. Complexness - You have to conceive several related components. Insecure results - The affect of the conclusion perhaps substantial. Choices - Each has its own circle of doubts and aftermaths. Social effects - It can be troublesome to anticipate how others will respond. Autocratic Decision-Making Dictatorship The leader’s word is law. The leader does not necessitate other people in the conclusion. The could apply force or even threats to accomplish their aims. Pros and Cons of the Autocratic Decision-Making critical proceedings One way decision-making Hutcheson Enterprises Problem statement Alerting clients of their confidentiality rights. Decision-Making Processes of Verizon Wireless Stakeholders clients workers Set strategy and aim Corporations productivity and policy generate, distribute and summarize worth Problem Identification Style for Verizon Wireless Some classification styles are: management Style disciplined philosophy quality are spirited, pioneering products and services purpose Style Flexible, premeditated and practical approach replica Descriptive Sensible, logical, instinctive thoughts and activities How Verizon Wireless Identify to Stakeholders •Viable cost •familiar workforce •illustration preparations, Appearance of Cellular Devices & Displays •earnings •Name acknowledgment •Verbiage / Collateral, brochures, signage •veracity •marvelous Customer service •Events Strengths and Weaknesses of Verizon Wireless potency Name is renowned based on standing of product and services function internationally around the globe. Has Retail provisions, Online and Headquarter Buildings focal point policy and pioneering endeavor for KPI’s and superiority Weaknesses rivalry Fast altering Trends and requirements Rational Decision Making “1. identify the crisis. 2. recognize conclusion principle 3.Weight the criteria produce substitute tempo each option on every criterion calculate the finest resolution” Pros and Cons of Rationality Pros Cons truth Only deals in facts Certainties No imagination utilized flawless No perception Truth REFERENCES Leadership Management Development Center, Inc.. (1997). . Retrieved from http://www.leadershipmanagement.com/htmlfiles/decision.htm Mind Tools, Ltd. (2010). Effective Decision Making. Retrieved from http://www.mindtools.com/pages/article/newTED_00.htm Scribed (December 14, 2007) The Six-Step Rational Decision-Making Model. Retrieved from http://www.scribd.com/doc/906096/The-SixStep-Rational-DecisionMaking-Model S W Productions (n.d), Presentation. Retrieved September 19, 2010, from http://www.gettyimages.com/Search/Search.aspx?contractUrl=2&assetType=image&family=Creative&p=work%20 problems Money-zine.com (2010). Autocratic Leadership. Retrieved from http://www.money-zine.com/Career-Development/Leadership-Skill/Autocratic-Leadership/