Organizational Behaviour Essay - 550 Words

Organizational Behaviour (Essay Sample) Content: Organizational BehaviourNameInstitutionSubjectInstructorDateTotal maximum word count 550 words 2 pages (double spaced, 275 words per page)Style: APAUK EnglishIntroductionAn introduction to organizational decision making and organizational behaviorsOrganizational decision making takes place at all levels from management to the employees depending on the situation at hand. The decision making process should be swift and effectively executed. Similarly, the decision making body has to follow up on the decisions made to ensure that they are properly implemented. The employees involved in the implementation of the decision should be well informed on the decisions made. Additionally, the management should receive feedback from those directly affected by the decision, hence gauging whether the decision made was the correct one (Shapira 2002)BodyAn analysis of the different approaches to organizational decision makingVerma (n.d) identified four approaches to decision making w ithin an organization. The rational or management science approach entails a systematic and step-by-step decision making process. Its working theory is based on the assumption that the organization is economically based and the decision-makers are objective with all relevant information. On the other hand, the behavioral approach assumes that the decision-makers operate with bounded rationality rather than the perfect rationality observed by the rational approach. The approach operates on the idea that the decision-makers cannot deal with all aspects and alternatives concerning a problem and alternatively solve the important subset of the problem. The practical approach combines the steps of the rational approach with the aspects and features of the behavioral approach to create a more realistic decision making process (Verma n.d). This approach poises that a decision-maker should generate as many alternatives as possible within the prevailing limits of money and other practicalitie s of the situation. Additionally, the personal approach illustrates how people make decisions when agitated, anxious, nervous and worried. This approach is ideal for decision making in a conflict model with respect to personal conflicts experienced in difficult situations (Griffin and Moorhead 2009).An assessment of management approaches to risk and uncertainty in decision makingUncertainty is the state of having limited information about the market conditions or current and future outcomes. It may be as a result of proximity, ignorance or pure uncertainty where only probabilistic models can be used. It is a major component of risk and can be minimized by mitigating or removing components inhibiting effective decision making. One approach of dealing with uncertainty is holding off decision making process until more research is done and reliable data collected to assist in decision making (Dibra 2015). Risk on the other hand implies a degree of uncertainty and the inability of a firm to control outcomes of the actions. The approach used to eradicate risks requires one to first identify the problem and consider all feasible alternatives. The various uncertainties are quantified in terms of probabilities and a quality judgment developed thereafter (Abdellaoui and Hey 2008).An evaluation of the effectiveness of organizational decisions in Greenergy CompanyGreenergy Company is a British distributor for motor vehicle fuels. It is one of the best performing private companies in the UK. The company has a swift and effective decision making process. The company has a smaller number of employees hence easing the decision making process. The management hierarchy adopted in the company clearly indicates the decision-making powers granted to each manager. Greenergy has limited risky and uncertain conditions in its operations hence reducing the risks associated with uncertainty.ConclusionSummary of the arguments presented in the body Organizational Behaviour Essay - 550 Words Organizational Behaviour (Essay Sample) Content: Organizational BehaviourNameInstitutionSubjectInstructorDateTotal maximum word count 550 words 2 pages (double spaced, 275 words per page)Style: APAUK EnglishIntroductionAn introduction to organizational decision making and organizational behaviorsOrganizational decision making takes place at all levels from management to the employees depending on the situation at hand. The decision making process should be swift and effectively executed. Similarly, the decision making body has to follow up on the decisions made to ensure that they are properly implemented. The employees involved in the implementation of the decision should be well informed on the decisions made. Additionally, the management should receive feedback from those directly affected by the decision, hence gauging whether the decision made was the correct one (Shapira 2002)BodyAn analysis of the different approaches to organizational decision makingVerma (n.d) identified four approaches to decision making w ithin an organization. The rational or management science approach entails a systematic and step-by-step decision making process. Its working theory is based on the assumption that the organization is economically based and the decision-makers are objective with all relevant information. On the other hand, the behavioral approach assumes that the decision-makers operate with bounded rationality rather than the perfect rationality observed by the rational approach. The approach operates on the idea that the decision-makers cannot deal with all aspects and alternatives concerning a problem and alternatively solve the important subset of the problem. The practical approach combines the steps of the rational approach with the aspects and features of the behavioral approach to create a more realistic decision making process (Verma n.d). This approach poises that a decision-maker should generate as many alternatives as possible within the prevailing limits of money and other practicalitie s of the situation. Additionally, the personal approach illustrates how people make decisions when agitated, anxious, nervous and worried. This approach is ideal for decision making in a conflict model with respect to personal conflicts experienced in difficult situations (Griffin and Moorhead 2009).An assessment of management approaches to risk and uncertainty in decision makingUncertainty is the state of having limited information about the market conditions or current and future outcomes. It may be as a result of proximity, ignorance or pure uncertainty where only probabilistic models can be used. It is a major component of risk and can be minimized by mitigating or removing components inhibiting effective decision making. One approach of dealing with uncertainty is holding off decision making process until more research is done and reliable data collected to assist in decision making (Dibra 2015). Risk on the other hand implies a degree of uncertainty and the inability of a firm to control outcomes of the actions. The approach used to eradicate risks requires one to first identify the problem and consider all feasible alternatives. The various uncertainties are quantified in terms of probabilities and a quality judgment developed thereafter (Abdellaoui and Hey 2008).An evaluation of the effectiveness of organizational decisions in Greenergy CompanyGreenergy Company is a British distributor for motor vehicle fuels. It is one of the best performing private companies in the UK. The company has a swift and effective decision making process. The company has a smaller number of employees hence easing the decision making process. The management hierarchy adopted in the company clearly indicates the decision-making powers granted to each manager. Greenergy has limited risky and uncertain conditions in its operations hence reducing the risks associated with uncertainty.ConclusionSummary of the arguments presented in the body