rational decision making model

What is the Rational Decision Making Model?

The Rational Decision Making Model consists of a series of steps designed to guide leaders through a logical process. These steps include:
1. Identifying the Problem: Clearly define the issue that requires a decision.
2. Gathering Information: Collect relevant data and information to understand the context and implications of the problem.
3. Generating Alternatives: Brainstorm possible solutions or courses of action.
4. Evaluating Alternatives: Assess each alternative based on specific criteria such as feasibility, risks, and potential outcomes.
5. Choosing the Best Alternative: Select the option that best addresses the problem while aligning with organizational goals.
6. Implementing the Decision: Execute the chosen solution effectively.
7. Evaluating the Decision: Monitor and assess the outcomes to ensure the decision achieved the desired results.

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