This article discusses the similarities and differences between individual and group decision-making processes. It explores the advantages and disadvantages of each method and provides examples of situations where each method can be used effectively.
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Running head: INDIVIDUAL VERSUS GROUP DECISION-MAKING PROCESSES Individual versus Group Decision-Making Processes Name of the Student Name of the University Author Note
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1INDIVIDUAL VERSUS GROUP DECISION-MAKING PROCESSES Every individual go throughdecision-making processseveral times throughout the day. In case of running a successful businessdecision-making play an importantpart in the management of the different activities. Decisions can be taken by anindividualor by agroup of individuals, both kind of decisions have some positive and some negative side. Individual decisions are taken on a daily and personal basis but when things are to be decided about a group of people then group decisions gain more importance. There are certainsimilaritiesbetween individual and group decision-making process, the process of thinkingfor both group decisions or individual decisions are same, groups are comprised of individuals only thus, the thinking process of a person is same as another, the perspectives may differ but the process remains same (Yang and Gabrielsson 2017). Theaimof both the processes is to arrive at a solution the ways may differ in the two methods but the aim is to arrive at a solution. There are certaindifferencesbetween individual and group decision-making. In the individual decision making process a person can take all the decisions based on personal preferences, likes and dislikes but in case of group decisions thechoices and preferences of severalcome into the decision-making criteria (Torre‐Ruiz, Aragón‐Correa and Martín‐Tapia 2015). Another difference is that there areno conflictswhen it comes toindividual decision making but in groups, there are several requirements to be kept in mind, and while some may want to go for option A and others will want option B and even other may think that option C is the best (Droutman, Bechara and Read 2015). This createsconfusion and conflict,which is a primary feature of group decision making. In case of individual decision making theperspective of only a single personis taken into account while in group decisions the perspectives of two or more people are taken into account to come to a conclusion.
2INDIVIDUAL VERSUS GROUP DECISION-MAKING PROCESSES Theadvantages of individual decision-makingprocess are as follows: The process is fast and much more simple than group decision making There are no conflicts to be resolved while the process is taking place. There is more clarity in individual decision-making process, and one does not have to follow up with others to arrive at a conclusion. A single person takes all the accountability for making the decisions Thedisadvantages of individual decision-makingare: In case of important decisions, the perspective of only one person cannot fulfill all the required objectives. Individual decision-making can be biased; as only one person is involved in the process, that person can take decisions to fulfill selfish objectives (Heyleret al.2016). The decisions taken by individuals are time and cost efficient but at the same time that efficiency can be hampered due to lack of through analysis of the matter as it is always not possible for a single person to be that thorough while making decisions. Theadvantages of group decision-makingprocess are as follows: Groupdecisionsarethecombinationofthestrengthsoftheindividualmembers belonging to the group. The perspectives in a group decision are different and that helps in finding the best possible solutions to a problem.
3INDIVIDUAL VERSUS GROUP DECISION-MAKING PROCESSES The level of commitment in a group decision is more as every individual has his/her contribution in the decision making process (Ferrell and Fraedrich 2015). There is a feeling of ownership and acceptance as everyone is accountable for the decision. While working in a team the group decisions lead to a better bonding between the members and an increase in the team spirit. Thedisadvantages of group decision-makingprocess are as follows: The decisions in a group sometimes depend on the status and seniority of the group members. One of the biggest weaknesses of group decisions is that various perspectives and difference in opinions often leads to conflict between the members and that results in waste of time . The groups, which are highly cohesive at times, do not encourage different kind of perspective and do not believe in other alternatives (Zsambok and Klein 2014). The accountability of the decisions taken is not every time equally shared by all the members. The team members whose opinions are rejected every time, they feel left out and thus the team spirit is hampered. A lot of time is wasted in reaching a common conclusion and thus it is not at all cost effective. To conclude, it can be said that both of the individual and group decision-making processes have their own strength and weakness. Each of the method can be used in different situations to get the best result.
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4INDIVIDUAL VERSUS GROUP DECISION-MAKING PROCESSES Reference List: Droutman, V., Bechara, A. and Read, S.J., 2015. Roles of the different sub-regions of the insular cortexinvariousphasesofthedecision-makingprocess.Frontiersinbehavioral neuroscience,9, p.309. Ferrell, O.C. and Fraedrich, J., 2015.Business ethics: Ethical decision making & cases. Nelson Education. Heyler, S.G., Armenakis, A.A., Walker, A.G. and Collier, D.Y., 2016. A qualitative study investigatingtheethicaldecisionmakingprocess:Aproposedmodel.TheLeadership Quarterly,27(5), pp.788-801. Torre‐Ruiz, J.M., Aragón‐Correa, J.A. and Martín‐Tapia, I., 2015. Do Individual Preferences AffecttheEnvironmentalDecision‐MakingProcessinTeams?TheRoleof Participation.Business Strategy and the Environment,24(6), pp.451-465. Yang, M. and Gabrielsson, P., 2017. Entrepreneurial marketing of international high-tech business-to-business new ventures: A decision-making process perspective.Industrial Marketing Management,64, pp.147-160. Zsambok, C.E. and Klein, G. eds., 2014.Naturalistic decision making. Psychology Press.