Hire writer
Paper Types
Disciplines

Decision-Making Analysis Tools, Research Paper Example

Pages: 1

Words: 320

Research Paper

With the tool of the decision tree, management is enabled to engage in speculations of probabilities, and by means of a graphic and accessible concept.  The essential value of this tool, wherein a variety of outcomes from the decision-making are manifested as emerging from the “trunk,” is that potentials are more tangibly considered, which assists in the decision process.  For example, a healthcare manager may set up a “tree” regarding budget constraints, and from this tree will arise “branches” representing disadvantages and benefits.  One extension may be more funds to be allocated to staffing, while another may indicate the probability of supply issues, or limited operational capacities.

Simulation is a tool that permits a reasonable reflection of the decision process in action.  The model is simply a representation, or created analogy, of a reality paralleling the actual challenge (Liebler, McConnell, 2008,  p. 163).   This may be viewed as a more dimensional version of the decision tree,  and may be created to any parameters at all.  A physician employs simulation when they train on a tangible model of a body undergoing a procedure, as a manager may construct an office simulation to better determine the comfort and efficiency provided by the scheme.  In any event, the object of the simulation is to allow a testing arena for the process.

Lastly, the “devil’s advocate” tool allows for viewpoints which inherently challenge the most likely decisions.  This tool is commonly used in reflective sessions or meetings, as the manager requests team members to posit projections of both positive and negative potentials from a decision, with an emphasis on those opinions contrary to the most likely decision.  Management may, for example, need to restructure policy on stays for hospital patients.  This issue on the table, the “devil’s advocate” perception may voice that limitations here will greatly alienate patients and create tension.

References

Liebler, Joan  Gratto, & McConnell, Charles R.  (2008).  Management Principles for Health Professionals.  New York: Macmillan.

Time is precious

Time is precious

don’t waste it!

Get instant essay
writing help!
Get instant essay writing help!
Plagiarism-free guarantee

Plagiarism-free
guarantee

Privacy guarantee

Privacy
guarantee

Secure checkout

Secure
checkout

Money back guarantee

Money back
guarantee

Related Research Paper Samples & Examples

Every Christian a Minister, Research Paper Example

The relation between ministry and the Church remains one of the fundamental questions of religious life. The nature of this relation has clear consequences for [...]

Pages: 1

Words: 2565

Research Paper

International Culture- Toyota’s Woes, Research Paper Example

Toyota cars have been synonymous with quality and performance for so long now that it is impossible to imagine that an automobile company whose vehicles [...]

Pages: 1

Words: 1043

Research Paper

Abortion: Con, Research Paper Example

Abortion is an issue that has divided Americans for decades. The debate rages on, without either side’s proponents winning many converts over to their way [...]

Pages: 1

Words: 614

Research Paper

Civil War Prisons: Andersonville and More, Research Paper Example

Introduction The Civil War was not civil. It devastated the country through losses of property and life. One of the overlooked parts of the war [...]

Pages: 1

Words: 1014

Research Paper

Marginal Costing, Research Paper Example

A marginal cost is the difference between that of Fixed and Variable cost.  As such relative to a given volume of output, then any additional [...]

Pages: 1

Words: 547

Research Paper

The Gospels, Research Paper Example

The Development of the New Testament Canon: The Gospels Introduction Christianity and Judaism are unique among the religions of the Roman Empire in that both [...]

Pages: 1

Words: 3141

Research Paper

Every Christian a Minister, Research Paper Example

The relation between ministry and the Church remains one of the fundamental questions of religious life. The nature of this relation has clear consequences for [...]

Pages: 1

Words: 2565

Research Paper

International Culture- Toyota’s Woes, Research Paper Example

Toyota cars have been synonymous with quality and performance for so long now that it is impossible to imagine that an automobile company whose vehicles [...]

Pages: 1

Words: 1043

Research Paper

Abortion: Con, Research Paper Example

Abortion is an issue that has divided Americans for decades. The debate rages on, without either side’s proponents winning many converts over to their way [...]

Pages: 1

Words: 614

Research Paper

Civil War Prisons: Andersonville and More, Research Paper Example

Introduction The Civil War was not civil. It devastated the country through losses of property and life. One of the overlooked parts of the war [...]

Pages: 1

Words: 1014

Research Paper

Marginal Costing, Research Paper Example

A marginal cost is the difference between that of Fixed and Variable cost.  As such relative to a given volume of output, then any additional [...]

Pages: 1

Words: 547

Research Paper

The Gospels, Research Paper Example

The Development of the New Testament Canon: The Gospels Introduction Christianity and Judaism are unique among the religions of the Roman Empire in that both [...]

Pages: 1

Words: 3141

Research Paper