Reflective essay: Developing Decision-Making Framework
Task: Prepare a reflective essay determining the personal perspective on developing the decision making framework. How are the concepts/theories you have learned influencing/impacting your decision-making in relation to your current interpersonal relationships, professional workplaces and/or personal life?
Undertaking a decision provide the person to dominate whatever happens. It is necessary to know the optimistic effects of being able to make a decision. The study represents a perspective on how to develop the decision-making framework. The decision-making ability must be amplified to avoid indecisiveness. The ability can be enhanced by evaluating the benefits and detriments to corroborate that it is the best possible decision. The decision should be well informed along with proper facts and reasoning. The importance of the decision must be identified to reduce the possibility of indecision. The preference while making decisions can widely be Systematic, Intuitive, Dependent, Avoidant, and Spontaneous.
Kolb's learning style was published by David A. Kolb, in the year 1984. It is an empirical self-analysis tool that can aid us in reaching our quirky learning approach. It requires only 30 to 45 minutes to conclude and informs us about our preferable perspective to learning in our diurnal life (Sudria 2018). After analyzing the model, I discovered that learning is adjusted as a constantly repeated issue solving procedure in the four stages cycle. Concrete Experiences have Reflective Observations behind them leading to Abstract Concepts and that ends up with Active Experimentation. It is an ongoing procedure that ends up evaluating the speculation that has been evolved.
Kolb's learning delineates the features of every style based on both experiment and analytical monitoring. According to my observations, the individual score interprets that the assessee is a Converger which means he/she has an Abstract Conceptualization and is an Active Experimenter. The substantial magnitude of this approach is the ability to solve issues, undertake valuable decisions, and the empirical implication of theories.
However, every person has a unique style of learning which dominates other styles yet I can indistinctly acknowledge that relying upon a single style would be unsatisfactory. The pattern should always include other Styles as well (Sanjabi&Montazer, 2020).
Learning style and self-assessment
Learning styles suggest the extent of challenging and debated theories that plan to speak to contrasts in individuals' learning. The purpose behind self-assessment for learning is for taking in styles created from the explanation that all have remarkable strategies for social affairs and exploring through information similarly as interfacing with the environment. Accordingly, preferences vary as demonstrated by the illuminating methodologies. When the preferred learning style is known to us, it helps us to understand the sort of finding that best suits us or the way wherein we need to deal with the information. Learning style can be a significant technique to smooth out learning probability and can help the learner to identify their characteristics and scope for progression in the way that learning occurs (Anderson, 2016). This engages us to pick such a finding that works best for us. There is no unchangeable learning style. The truth of the matter is that there are sorts of finding that are legitimately for us and our supported philosophy.
Topic 1: Decision complexity and problem-solving
This study outlines one such process for associating decision making and problem-solving action when making complex decisions in challenging conditions. Decision making is the cycle by which directors respond to opportunities and risk by looking at options and making decisions about unequivocal definitive goals and course of action.
Learning and rationale
It helps with working through the nuances of an issue to show up at an answer. On the other hand, problem-solving is the act of portraying an issue; choosing the explanation behind the issue; recognizing, sorting out, selecting alternatives, and executing a solution (Alam, 2020). There are similar numbers of zones of decision-making as there are of thinking. The most critical decision we can make is the way and what to think about things, for how and what we think chooses how we feel and how we act.
While all decisions are a hypothesis about the future, Managers need to perceive and explore complex conditions, observe humans included substance factors, devise decision cycle, and frameworks for influencing complex conditions. Decision complexity has moreover been displayed to be one of the keys ascribes that incline decision quality, the decision of correspondence channels, and the determination of new progressions (Roberts &Pakkiri).
In a complex decision-making situation, there is no unmistakably right choice. Or maybe, various answers warrant further experimentation before committing to a single philosophy. The challenge transforms into the potential of the manager to consolidate the smart process and intuition in the decision making cycle. Decision complexity thusly seems to influence the degree and sort of information pillar used by individuals when making a decision.
Topic 2: Self-Awareness
Self Awareness is portrayed as knowing our emotions, tendencies, character, and perceiving how these components influence our judgment, decisions, and coordinated efforts with others. It is the experience of one's character or freedom.
Rationale and learning
I acknowledge that it is the perception that gives us how an individual intentionally knows and understands their character, feelings, goals, and needs. The underlying stage in growing self-awareness is to engage in self-assessment.
This means getting understanding into deliberateness through reflection, taking a gander at, and separating our practices, points of view, and acknowledgments. Self-assessment teaches us the ability to see ourselves indisputably and impartially through reflection and care (Lecture Notes 2020). Although everyone has a key idea of what self-awareness is, we don't know unequivocally where it starts from, what its predecessors are, or why some of us seem to have essentially than others.
Self-awareness grants us to see things from the perspective of others, practice self-control, work imaginatively and valuably, and experience pride in ourselves and our work similarly as expansive certainty (Henry & Thompson). In a leader, it grants them to act with the conviction and believability that resonation requires. It can make us more proactive, uphold our affirmation, and enable positive self-progression.
It can improve us at our positions, better communicators in the workplace, and overhaul our self-confidence and business-related success. There is a theory reliant on self-awareness which states that self-awareness relies upon the idea that we are not our contemplations, yet the entity viewing our thoughts; we are the thinker, secluded and isolated from your insights. Using the standard self-awareness is a critical portion of practicing self-control, as we assess and choose if we are making the right choices to achieve our goals.
Topic 3: Limitations of Rational Decision Making
Rational decision making is a manifold procedure, which initiates from the recognition of issues along with answers for establishing an analytically correct decision. The process of rational decision making prefers factual information and a systematic procedure of evaluating over propensity and divination.
Rationale and learning
Rational decision making forms an assumption that the decision-maker will undergo options that retain maximum advantages with the least costs. The decision-making model also makes certain unrealistic assumptions that create a loophole in the process (Perkovic&Orquin 2018). The decision-maker is assumed to have complete or perfect knowledge of all the certainty. Future occurrences cannot be predicted precisely. Hence it is not completely attainable to decide among the most favorable solutions (Alam, 2020).
The exploration ceases to exist immediately after finding the least possible portions of rationality sustainable for making the decision. Several decisions include additional complicated solutions which are difficult to be evaluated completely by a decision-maker.
While undertaking a decision, it may include multitudinous objectives, all of which cannot amplify concurrently. Ultimately some of the goals might be left unacknowledged.
The surrounding of the decision-making process is frequently speculative. The construction and execution of decisions are prejudiced by turbulent elements. Whence, the ultimate outcomes of different speculations cannot be foreseen exactly.
A decision undertaken in one aspect might have detrimental ramifications on the other activities. This might lead to unexpected consequences with non-desirable benefits.
The human component is the main shortcoming of rational decision making. Individual morals, perspectives, monetary and communal elements highly influence the decision making biases. This results in providing short term benefits and ignoring the long term perspective.
Topic 4: Evidence-Based practice
According to Barends& Rousseau (2018), Evidence-based practice directs us to ensure that high graded decisions are made based on the mixture of logistics and best obtainable shreds of evidence.
The decision-making process undertaken by all management professionals include shreds of evidence. However, a little attention is paid to the quality of that evidence which results in abominable decisions (Lecture notes B, 2020). The motive of evidence-based practice is to enhance the methods of making decisions and support management professionals to minutely analyze the stretch of dependence they can have upon the available evidence.
Evidence-based practice helps to Endeavour the decision using the best possible evidence from various preferences. The pieces of evidence are assembled by (a) asking (b) acquiring (c) appraising (d) aggregating (e) applying and (f) assessing. Assembling evidence through these sources will increase the prospects for the preferable results.
Evidence shall be stretched beyond personal perspectives and consider several sources. Evidence-based practice acknowledges pieces of evidence from four sources.
- Scientific evidence is discoveries from issued scientific experiments.
- Organizational evidence is information, particulars, and numbers assembled from various sources.
- Experimental evidence is the findings and pronouncements from the professionals.
- Stakeholder evidence is the morals and ethics of the people who might be impacted after the execution of the decision.
Evidence is not the ultimate solution and mostly completes unpredictability. The decisions considered based on evidence-based practice are questionable and outdated but are probable and have manifestations.
A self-development plan is an action plan that gets us from where we are right now to where we should be in the future. This can merge learning hard aptitudes and sensitive aptitudes. The self-development plan consolidates objective, success models, action plot, implementation, goal skill, and goal need. Focusing in on our development plan updates the attributes we hold inside us and understands our dreams and objectives. Our perspective is vast and outlaying into personal development is a way to deal with tackling our various capacities. Various people underachieve in their careers since they do not comprehend the domains of self-development that can help achieve expert in any field. There is no substitute for hard work. If we set a target, make a plan, and work on it reliably, we will see personal development and improvement inside your career.
Self-development is the route toward improving through aware affinities and activities (Noonan, 2019). It is simply the self-improvement to redesign individual fulfillment and to achieve one's dreams and desires. Self-improvement starts with incredible work habits and having a positive mental point of view. Thinking before the act is essential to developing extraordinary work inclinations. In conclusion, we can say that self-development promotes a positive picture and innovativeness inside our consistent life and can quicken the time it takes to achieve your goals and add to self-empowerment.
Most inspiring topics
After conducting in-detailed research on 8 different topics for 8 inspiring weeks, I have experience and intellectual stimulation. All the topics explaining diverse conceptual and theoretical aspects have formed an immense impact on me. However, if I had to draw out a bottom line inspiration from the four topics it would be that the psychological complexities and irrationalities can be explained through several approaches developed in the past.
The study has formed a never-fading impression educating me on how to segregate the problems and acquire a logically supported solution. Self-awareness helped me to enhance my personality. I can distinguish between self-consciousness and self-awareness hence focusing more on improving my individuality. Rational decision making had an influential smash clarifying the significance of being Logistic in life. The evidence-based approach revealed that decisions made without considering the available shreds of evidence properly will lead to bad and disrupt outcomes. The project knocked me to calculate my life for the long term and not just focusing on the short-term.
After the overall reflection, I concluded that if we access ourselves in developing our skills and potential, it helped us to make ourselves better in this competitive nature. It is important to create our self-development plan as it helps us to become a better person in the future. Similarly, self-awareness helps us to see the perception of others and enhance our development for future success. I believe that if we follow our self-development plan sincerely, it will help us to make our decision better.
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Alam, Q., (2020). Decision Complexity and Problem Solving.
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Henry, A., & Thompson, E. (2017).Witnessing from here: Self-awareness from a bodily versus embodied perspective.
Kallet, M. (2014). Think Smarter: Critical thinking to improve problem-solving and decision-making skills.
Lecture Notes A. (2020). The Importance of self awareness to decision making and critical thinking.Presentation, CQ University Australia.
Lecture notes B. (2020). CRITICAL THINKING AND MANAGERIAL DECISION-MAKING.Presentation, CQ University Austrlalia.
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Sudria, I. B. N., Redhana, I. W., Kirna, I., &Aini, D. (2018).Effect of Kolb's Learning Styles under Inductive Guided-Inquiry Learning on Learning Outcomes. International Journal of Instruction, 11(1), 89-102.