The purpose of this paper is to analyze the decision -making process that was
involved in appointment of company president, in the company where I personally
worked. Mr.Zutshi, the company president faced a very critical decision making situation while appointing new successor for the company, after his retirement. A Chief executive officer's decision has considerable impact on the performance of the organization. Decision-making is one of the most important recurring responsibilities facing managers in organizations. A high-quality decision helps an organization accomplish its strategic goals and also meets the needs of the organization's employees, executives, stockholders, consumers, or suppliers. In his book called "Decision Making," Paul Moody (1983) defines decision " as an action that must be taken when there is no more time for gathering facts." The Problem is how to decide when to stop gathering facts. The solution varies with each problem we attempt to solve, for gathering facts costs time and money. Peter E. Druker (1967), lists five elements of decision process in his book, The effective Executive:1) Clear realization that the problem is generic and can be solved only through a decision that establishes a rule, 2) Definition of the specifications of the solution, or the boundary conditions, 3) Derivation of a solution that is " right," that is, one that fully satisfies the specifications before attention is given to the concessions needed to make the decision acceptable, 4) The building into the decision of the action to carry it out, 5) The feedback that tests the validity and effectiveness of the decision against the actual course of events. Druker goes on to explain that a decision is a judgment and, as such, is rarely a choice between right and wrong. At best it is a choice between " almost right" and " almost wrong." Paul Moody (1983), has written in his book, Decision Making, that, "if a company has a long-standi...In the case study- The Cosmetic Queen and the Software King, Nahavandi in the textbook (pages 158-159); I compared the two leadership styles in terms of LPC and situational control, examined their similarities and differences, summed up their effectiveness as leaders, and indicated my preference. Not withstanding their success, Mary Kay and Bill Gates were opposite in their style of leadership and practice different approaches to their business. As a relationship motivated high LPC leader, Bill is bored, aloof and self- centered, somewhat autocratic and is only concerned about outcomes, which puts him in the high situation control on Fiedler's Contingency Model. As a task motivator, (low CPC) leader, Bill is tense, task focused, overbearing, over controlling and insists on getting things done his way. He is directive, task focused, serious, and has little concern for others. Bill's does not care about the personal well being of his employees only about their ability to get the job done. Bill's initial goals when he founded his company remains the same, he focuses on innovation, systems advancement and people last. He is driven by competition and the desire to be dominant in the industry. He faced a novel and unstructured situation, but continues to see his company strive successfully. Mary Kay Ash on the other hand as a relationship motivated high LPC leader, falls on the moderate situational control in Fielder's contingency model. She was considerate, open to ideas and suggestions and concerned with resolving conflicts. Mary was confident, supportive, removes obstacles, and stayed out of the way. She admired, loved, and cared more about the women and their families who sold her cosmetics. One could easily conclude from what is said about her, that her initial goal was to help women become financially successful and be able to plan their lives around their family. She founded a company that was not Decision Making Model Analysis Paper As observed by Kirby and Goodpaster, "Another way to understand that thinking is of a higher order than breathing is to realize that many philosophers since Aristotle have defined humans as 'thinking animals.' In other words, horses and horseflies breathe, but thinking makes us human (3)." This paper examines the steps I recently used in making an important decision using the Vigilant Decision Making Model from www.alphanet.org. This model is particularly helpful in making decisions regarding self assessment with career options. The Vigilant Decision-Maker Process contains the following five steps, Appraising the Challenge, Assessing Yourself, Surveying Alternatives, Evaluating Alternatives, and Achieving Commitment. Using this model I will explain each of the steps, and describe how critical thinking impacted a resulting decision that resulted in my deciding that staying with my current company was the best employment option for me. The first step in the Vigilant Decision-Making Process is Appraising the Challenge. This main focus of this step is to 1) determine the importance of informed decision making and 2) to acknowledge the consequences of making a "passive decision" (Decision Making Model, 1). The importance of the first step is to recognize the importance of taking an active part in making your career decisions. Problems can occur when you underestimate the task at hand or just assume that things will work out. This leads up to knowing yourself and Assessing Yourself. Everyone knows that good career decisions require an unusual degree of self-knowledge (The Vigilant Decision Making Process, 1). Assessing Yourself is the 2nd step of the Vigilant Decision-Making Process. In order to make the right career decision for ourselves we have to understand our own skills, values, strengths, weaknesses, i ...