{"id":7412,"date":"2020-09-25T10:48:18","date_gmt":"2020-09-25T08:48:18","guid":{"rendered":"https:\/\/greatpeopleinside.com\/?p=7412"},"modified":"2020-09-25T10:48:20","modified_gmt":"2020-09-25T08:48:20","slug":"improving-decision-making-and-group-performance","status":"publish","type":"post","link":"https:\/\/greatpeopleinside.com\/fi\/improving-decision-making-and-group-performance\/","title":{"rendered":"Improving Decision-Making and Group Performance"},"content":{"rendered":"\n<p>Running a business is nothing more than making a series of important decisions. For a business owner or manager, each day is filled with decision-making, with some of those decisions likely meaning the difference between profit and loss. It can become stressful to make such important decisions day after day, especially if you are trying to make them all on your own.<\/p>\n\n\n\n<p>In\nmany cases, it will be better to make decisions as part of a group. When a\ngroup comes together to make an important choice, the company as a whole will\nenjoy several advantages. For one thing, the knowledge of all of the various\npeople in the group will be used to make the choice, not just the knowledge of\none individual. There are sure to be many different backgrounds and types of\nexperiences within the group, which means great things for the quality of the\nfinal decision. Also, bad ideas tend to get filtered out in the group setting,\nmeaning the eventual choice is less likely to be a dud.<\/p>\n\n\n\n<p>With\nall of that said, group decision-making is not perfect. It can be tough to get\neveryone on the same page, meaning it may take quite a bit of time to make an\neventual decision, even if that decision does wind up being a good one. To make\nthe group decision making process run as smoothly as possible, you may wish to\nemploy one of the methods outlined in the content below. We have identified a\nfew methods for group decision making, so there is a good chance that one of\nthese options will be right for your needs.<\/p>\n\n\n\n<h2><strong>The Hoy-Tarter\nModel of Decision-Making<\/strong><\/h2>\n\n\n\n<p>Originally\ncreated for use within a school system, the Hoy-Tarter Decision-Making Model\ncan actually be applied in a number of different settings. If you are the owner\nor manager of any kind of organisation, you already know just how difficult it\ncan be to make decisions. Specifically, it can be hard to decide how to make\nthose decisions, in terms of who you should include, what you should consider\nin the process, and more. Making good decisions is a key to success in\nbusiness, but you can only make good decisions if you have an appropriate\nprocess in place.<\/p>\n\n\n\n<p>In\nthis model, the main goal is to figure out exactly who should be included in\nthe decision-making process. Different decisions are going to require different\ninputs from various people, so determining who should be included in making the\ndecision (and who should be left out) is a key step not to be overlooked.\nIncluding the wrong people, or failing to include the right people, is a\nmistake that can have serious consequences.<\/p>\n\n\n\n<p>If\nyou decide to take a closer look at how to use this model, you will find that\nit requires you to create a matrix which will be filled with evaluations of\nexpertise and whether or not an individual has a personal stake in the\ndecision. It can take a bit of time to understand exactly how this model works,\nbut it\u2019s worth the effort because of its effectiveness.<\/p>\n\n\n\n<h2><strong>Multi-Voting<\/strong><\/h2>\n\n\n\n<p>If\nyou would like to use voting to help make important organisational decisions\nfrom time to time, you may wish to employ the popular Multi-Voting Decision\nMaking method. With this method, you can select the most popular options from a\nlist in order to get an idea about the consensus of the group. Multi-voting is\nnot always the right solution when trying to make a decision, but it can be\nperfect in specific circumstances.<\/p>\n\n\n\n<p>If\nyou would like to use the Multi-voting method, the first thing you need to do\nis develop a list of ideas that are going to be the subject of your vote. Ask\nthe team that is working on this project to collaborate on a list. At first,\nyou can put any idea that is presented onto the list, but you will want to\nslightly narrow down and \u2018clean up\u2019 that list before it goes to the vote.\nBefore taking the vote, you will want to decide on exactly how many votes each\nindividual is going to be given. Generally speaking, each person should be\nallowed to vote for roughly 1\/3rd of the ideas on the list. So, given a list of\n15 items, each person would be allowed to place five votes (thus the name\n\u2018Multi-voting\u2019). Of course, you are free to alter the number of votes allotted\nas you see fit, but the 1\/3rd rule is a good place to start.<\/p>\n\n\n\n<p>With\nall votes cast and collected, all you\u2019ll need to do is count up the totals and\ndetermine the winning ideas. If you would like, you can narrow down the list of\ncontenders and do the vote again, further concentrating your list to just a few\nof the strongest options. Multi-voting is the perfect way to gauge the opinion\nof a large group when several ideas are on the table.<\/p>\n\n\n\n<h2><strong>Hartnett\u2019s CODM Model<\/strong><\/h2>\n\n\n\n<p>In\nthis application, CODM stands for \u2018consensus-oriented decision-making\u2019, and\nthat title tells you just about everything you need to know regarding the goal\nof this model. The idea here is to bring your group to a consensus as far as\nthe best decision for the situation at hand. Once you have a group assembled\nthat you are going to use to help make this important decision, Hartnett\u2019s CODM Model calls for\nfollowing through with a seven-step process. The seven steps are as follows:<\/p>\n\n\n\n<ul><li>Framing\nthe problem<\/li><li>Having\nan open discussion<\/li><li>Identifying\nUnderlying Concerns<\/li><li>Developing\nProposals<\/li><li>Choosing\na direction<\/li><li>Developing\na preferred solution<\/li><li>Closing<\/li><\/ul>\n\n\n\n<p>Regardless\nof the decision that needs to be made, this is a solid framework that you can\nuse to walk through the process from start to finish. Of course, it may be\nnecessary to tweak the model slightly in order to have it fit nicely with the\nneeds of your organisation.<\/p>\n\n\n\n<h2><strong>Delphi Technique<\/strong><\/h2>\n\n\n\n<p>When\na team truly struggles to reach a consensus for a major decision, you may need\nto step in and narrow down the options for them. The Delphi Technique takes all\nthe ideas and compiles them for the manager of the group to break down into a\nsmaller amount of possibilities. He or she then takes the remaining options\nback to the group for their consideration.<\/p>\n\n\n\n<p>If\nthe team continues to grapple over the resolution, the manager will condense\nthe choices even further until they can make a decision. It gets easier for\ngroups to reach an agreement when there are fewer outcomes available.<\/p>\n\n\n\n<h2><strong>Rank the Possibilities<\/strong><\/h2>\n\n\n\n<p>Rankings\nwork for determining who is the best within sport leagues like the British\nPremier League and NFL, so why wouldn\u2019t they work for a business as well?\nWhether you decide on an idea\u2019s ranking by using a voting system or working as\na team to prioritize them, it can be a great group decision making process for\nissues or questions that have many potential outcomes.<\/p>\n\n\n\n<p>This\ntechnique can be organised through email, an online communication tool, or in a\nbrief meeting. One specific way to determine how the possible scenarios should\nbe ranked is by having everyone make a personal list of how they would rank\nthem. Then, combine the lists and do some basic math to determine the average\nspot where each possibility should be represented.<\/p>\n\n\n\n<p>By\nusing one or more of these strategies in your business, you will see a dramatic\nincrease in productivity and resolving issues among your team. Take a look at\nsome of the upcoming choices your team will need to make soon and determine\nwhich of these tactics will be the most effective.<\/p>\n\n\n\n<p>There\nare also numerous team-building activities you can do with your group to boost\nyour team\u2019s collaboration even further. Give these ideas a try and see if it\nmakes your group decision making processes easier than ever before.<\/p>\n\n\n\n<p>Given our current situation knowing that your colleagues or employees are best suited for this new scenario we find ourselves in. Finding the right talent, the best fit for the job and your organisation can be a very challenging task. It is now important to find out whether your   managers or your team is well-equipped of working together from various locations. It requires deep knowledge of their personalities, strengths, weaknesses, interests, work style and other characteristics. Our technology and solutions will do the work for you, helping you discover  if your people are resilient during times of hardship, if they are autonomous, if they are team players, without actual human contact. Given that our platform is cloud-based, everyone can use it from home as well. Humanity finds itself at a crossroad for various reasons now, why not help people discover and develop themselves from the comfort of  their own homes?    <\/p>\n\n\n\n<p>   Request a&nbsp;free demo:  <\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"http:\/\/greatpeopleinside.com\/free-demo\/\"><img src=\"http:\/\/greatpeopleinside.com\/wp-content\/uploads\/2016\/04\/B_txt_14.png\" alt=\"B_txt_14\"\/><\/a><\/figure>\n\n\n\n<p>  Sources:  <\/p>\n\n\n\n<p><em> https:\/\/hbr.org\/2020\/09\/7-strategies-for-better-group-decision-making  <br> https:\/\/upraise.io\/blog\/group-decision-making-techniques\/ <br> https:\/\/airfocus.com\/blog\/guide-to-group-decision-making-techniques-tools\/ <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Running a business is nothing more than making a series of important decisions. For a business owner or manager, each day is filled with decision-making, with some of those decisions likely meaning the difference between profit and loss. It can become stressful to make such important decisions day after day, especially if you are trying [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7414,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[133],"tags":[96,89,274,94,95,64,69,39,106,80],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Improving Decision-Making and Group Performance - Great People Inside Finland<\/title>\n<meta name=\"description\" content=\"Running a business is nothing more than making a series of important decisions. 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