Decision Making Report: Personality Type and Decision-Making

Verified

Added on  2021/04/24

|16
|3398
|50
Report
AI Summary
This report provides an in-depth analysis of the decision-making process, focusing on the author's personality type as determined by the MBTI test (Logician - INTP-T). The report begins with an executive summary outlining the report's objectives, which include understanding the author's personality traits (Introvert, Intuitive, Thinking, Prospecting, and Turbulent) and how these traits influence decision-making. It then explores five different decision-making models: Rational, Satisficing, Incremental, Garbage Can, and Retrospective, providing real-life examples to illustrate their application. The report also introduces a new model that might apply to the author's personality type. The core purpose is to determine the different approaches of the decision-making process and administer their applicability on a real-life example for the better understanding. The report includes a detailed introduction, MBTI analysis, explanations of the five decision-making models, and a conclusion that synthesizes the findings. References and an appendix are also provided, supporting the analysis with relevant academic sources and the MBTI results.
Document Page
Running head: DECISION MAKING
DECISION MAKING
Name of the student
Name of the university
Author note
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
1DECISION MAKING
Executive summary
The report is aimed at understanding the different concepts based on the determination of the
decision making process. It administers the personality type of the author and gives a detailed
analysis of the same. On the other hand, the report helps in the understanding of the different
models of decision making and the manner in which it can be applied to the personality trait of
the author. Therefore, the main purpose of the report is to determine the different approaches of
the decision making process and administer their applicability on a real life example for the
better understanding.
Document Page
2DECISION MAKING
Table of Contents
1. Introduction..................................................................................................................................3
1.1 Purpose of the report..............................................................................................................3
2. MBTI analysis.............................................................................................................................3
2.1 Introvert.................................................................................................................................4
2.2 Intuitive..................................................................................................................................4
2.3 Thinking capability................................................................................................................5
2.4 Prospecting............................................................................................................................6
2.5 Turbulent................................................................................................................................6
3. Five models of decision making with examples from the practical life......................................6
3.1 Rational Decision making model...........................................................................................6
3.2 Satisficing model...................................................................................................................7
3.3 Incremental model.................................................................................................................8
3.4 Garbage can model................................................................................................................8
3.5 Retrospective decision making model...................................................................................9
4. Introduction of a new model that might apply to the personality type........................................9
5. Conclusion.................................................................................................................................10
References......................................................................................................................................12
Appendix........................................................................................................................................15
Document Page
3DECISION MAKING
1. Introduction
Decision making is an important process that helps in determining the priorities for
undertaking the change in order to undertake continuous improvements. The process involves a
systematic consideration of the ideas and the actions that might be taken in order to undertake the
improvements (Friess, 2012). The report is aimed at understanding my personality in order to
determine the effectiveness and the applicability of the models of decision making in order to
understand the effectiveness of the decisions taken by me. The introduction of the MBTI test
helps in understanding the personality I possess and the manner in which the personality will be
helping me in taking the most required decisions for the improvements in the individual and the
social levels.
1.1 Purpose of the report
The purpose of the report is to understand the different aspects of the decision making
process and the identification of the models that will be helping in determining the effectiveness
and the systematic approach of the decisions. On the other hand, the report aims at understanding
the applicability of the decision making models on the personality test result I have gained
through the MBTI and their effects on the progress of the same.
2. MBTI analysis
The test that was being undertaken by me has helped me in understanding the personality
type to which I belong. The type of personality that I received is the Logician (INTP-T) which
has helped me in determining the type of decision making model that might be undertaken by me
(Refer to the Appendix). This section of the report will be analyzing and describing my
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
4DECISION MAKING
personality type and the manner in which it will be affecting the decisions that will be taken by
me.
2.1 Introvert
The personality test that I undertook suggested that I am an introvert through the rating of
74%. It has helped me in understanding the prospects of ill-communication skill and the lack of
expressing myself to the people. It has helped me in understanding the different aspects of the
change that I am required to undertake in order to make myself favorable to the social meetings.
I might be a logician, but failing to express the rationale might affect the decisions and the
justifications that I take. It might affect the decision making process that I am planning to
undertake. On the other hand, the usage of the social and the mass media platforms might be
restricted through the introvert nature that I possess. It affects the healthy decision making
process that is being considered by me. I will be facing issues that have clearly portrayed my
situation in the organization, which I am aspiring to join, and the manner in which the introvert
nature will be affecting the team meetings. The nature has held me up in expressing my views to
the employees in order to bring in changes in the structure and the functioning of the enterprise.
2.2 Intuitive
The intuitive nature that I have gained through the test rates me with a 69% which is fair
for anticipating the different aspects of the change through the decisions that are being
undertaken by me. It helps in determining the changes and the uncertainties that are involved
through the undertaking of the change. The intuitive nature in me is supposed to bring out the
creativity in the decision making process that is being undertaken by me. This nature will be
helping me in determining the possible uncertainties that my decisions might face while
undertaking the transition. On the other hand, the major aspects of the decision are based on the
Document Page
5DECISION MAKING
determination of the uncertainties that might be faced while determining the effectiveness of the
decision planned by me. The intuitive nature will be helping me in forecasting the different pros
and cons of a decision that I must take in my organization, where I am aspiring to work as the
senior manager, which will be helping me in perfecting the decision as per the needs of the
organization to make its progress.
2.3 Thinking capability
The thinking capability that is being conferred on me is rated to be 83%, which is higher
in order to maintain the proper decision making process. The major aspect of the change that is
required to be taken by me is based on the initiative of understanding the values of the decisions
that are being considered by me. The determination of the thinking capabilities helps in
determining the various aspects of the creativity that will be helping me to bring in changes in
the systems through the induction of the creativity in the decision taken by me. The creativity
and the thinking capability will be affecting the decision that I might take. Therefore, it will
make some obvious contribution to the decision making process that I am aiming to undertake.
Currently I am aspiring to work in an organization as the senior manager where the thinking
capability will be helping me in understanding the needs of the workforce and thereby meet the
modifications based on the creativity that I can assert. It will be requiring me to undertake the
determination of the solution to the issues. It has helped me in maintaining a balance in the needs
of the employees and the management to achieve the common goal of the business.
Document Page
6DECISION MAKING
2.4 Prospecting
The prospecting nature that is being rendered under the Logician nature that I received
through the test rated me to be 68% tactical which is pretty low for undertaking decisions in the
system of the organization where I function. This nature will be affecting the decision making
process that I might consider as the proper understanding of the dynamics and the functioning is
not facilitated by my nature. It might be due to my introvert nature and the lack of proper
communication that breaks the chain of coordination and team bonding. It affects the decision
that is being planned by me.
2.5 Turbulent
The turbulent nature has helped me in determining the goals of the functioning and the
effectiveness of the decision that I might take in order to bring in improvements in the process. I
have been entitled with a 58% grade on my confidence and functioning. It has helped me in
understanding the nature and the systematic approach that I take while making a decision. The
major aspects of the decision is based on the synchronization of the different activities that are
being undertaken in order to facilitate the change.
3. Five models of decision making with examples from the practical life
This section of the report aims at understanding the different models of decision making
and analyzing the same with examples from my life to justify the cause of the models and to
measure their efficiency.
3.1 Rational Decision making model
The Rational decision making model is based on the concept of analyzing the prospects
and undertake the steps for formulate a decision in order to best fit the requirements of the crisis
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
7DECISION MAKING
(RodríGuez, MartıNez & Herrera, 2013). This model is opposite to the intuitive model, which
focuses more on the uncertainties and assumptions that are being undertaken by the leader in
order to bring in the change in the systems and the functioning. According to Légaré and
Witteman (2013), the rational model helps in determining the aspects and the uncertainties
based on analysis of the effects of the decision on the organizational structure and its relevant
functioning. Moreover, Snyder and Diesing (2015) stated that the proper understanding of the
effectiveness of the decision is facilitated through the step by step evaluation that is being
undertaken with the help of the model (Bernardino, 2017).
The application of the model will be helping me in bringing forth changes in the
organization where I am looking forward perform my job role as the senior manager of the
enterprise. The company, where I am aspiring to work, was facing a technological issue due to
its failure to optimize itself as per the demand in the market. Therefore, I might take the help of
the model to understand the prospects and benefits of undertaking the change, which influenced
the decision.
3.2 Satisficing model
The model reflects an initiative of the leader where the decision making is characterized
by the understanding of the alternatives to the decisions that could be considered in the process
of taking a decision (Gregory et al., 2012). Zsambok and Klein (2014) stated that the model
helps in considering and reconsidering the different aspects of the change in the decision making
process in order to understand the effectiveness of the decision to cope up with the situation
faced by the organization (Xu, 2015). The creative nature and the thinking capability in me will
be helping me to figure out the correct decision from the alternatives as per the case
(Zimmermann, 2012).
Document Page
8DECISION MAKING
As a student, I am aspiring to join a company where the decisions making can be
influenced through the proper determination of the alternatives, which will be helping me to pick
the right decision that is applicable for bringing in the change in the systems of the organization.
Therefore, this model will be helping me in determining the different aspects of the decisions
that I might consider through the alternatives, which best fits the organizational goals.
3.3 Incremental model
The incremental model helps in determining the analysis of the different factors and the
testing of the same in order to bring in the knowledge of its befitting nature (Ruff et al., 2013).
The decisions that are being taken as a part of this model helps in determining the end result of
the decision that is being implemented on the organizational structure. Pettigrew (2014) believed
that the model helps in developing new ideas to cope up with the needs of the organization to
bring in modifications in the systems (Shepherd & Rudd, 2014). The chained process of the
decision making model helps in bringing forth continuous improvements in the systems (Zionts,
2012).
As a student, I can make use of the model in the future through the development of the
skills of understanding the requirements of the organization and thereby deciding based on the
implementation and the testing procedure. The model will be helping me to understand the
multiple dimensions of the decision and the manner in which they can be profitable for the firm.
3.4 Garbage can model
The Garbage can model is a kind of irrational approach of decision making which make
assumptions of the problems and their solutions and their applicability (Azadnia, Saman &
Wong, 2015). Unlike the Rational decision making model, the garbage can model is specially
Document Page
9DECISION MAKING
based on the assumptions and there is no fixed foundation that could be found of analysis and the
understanding of the befitting nature of the decision that is being taken by the leaders in favor of
the organization (Hsu et al., 2012).
3.5 Retrospective decision making model
The Retrospective decision making model, which is devised by Per Soelberg, helps in
determining the justification that the decision makers can give in order to justify the decision that
is being undertaken by them (Hwang & Masud, 2012). It is based specifically on the reasoning
for the decision and its application on the scenario in order to bring in the improvements in the
structure and the functioning. Ford and Richardson (2013) stated that the major aspects of the
model is based on the understanding of the different aspects of the change in the structure and
the functioning of the business which corresponds to the decision that is being taken to fit in to
the structure (Goetsch & Davis, 2014).
The model will be helping me in making a clear justification of the decision that I might
undertake while performing my job role in the near future. The major aspects of the change in
the systems and the functioning will be supported through my explanation for the decision that I
might devise for coping up with the requirements of the organization.
4. Introduction of a new model that might apply to the personality type
The enumeration of the models in the previous section of the report has helped me in
facilitating the idea of the models. The combination of all the favorable aspects of the models
will be helping me to fit the nature of the Logician. This section of the report will help me in
creating a new model, as per the nature I have received through the test, which will facilitate in
my decision making system.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
10DECISION MAKING
I must take steps to understand the prospects of the rationalist model in order to analyze
and thereby apply the same on the decisions in my future job role. I must inculcate the reasoning
for the decisions in order to support my decisions for understanding the befitting nature of the
same. On the other hand, the new model that I must devise will be helping me in understanding
and analyzing the different perspectives where creativity can be applied in order to bring in
changes in the future organization. On the other hand, the thinking capability helps in ensuring
the creativity in the decision making process that will be helping me in the future to bring in
constructive changes in the enterprise I am about to join.
Figure 1: The new model
(Source: Author note)
5. Conclusion
Therefore, from the above analysis it can be concluded that the proper understanding of
the different models of decision making helps in inducing the precision of the decision making
Document Page
11DECISION MAKING
process. On the other hand, the MIBT test that I undertook has helped me in understanding the
personality trait and thereby I can amend to formulate the steps that would help me in
undertaking the best decision as per the requirements of the situation.
chevron_up_icon
1 out of 16
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]